RANCHO CUCAMONGA, CA - JUNE 23: A paint can floats down a creek from the spot where vandals had just spray painted rocks near Sapphire Falls in Cucamonga...
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Business Latest: The FBI and the 1%

 

FBI: When does the FBI get involved in a minor graffiti incident? When it involves very rich people in Silicon Valley. The FBI is reviewing security cameras after “anti-wealth slogans” were painted on garage doors and other surfaces in Silicon Valley’s rich Atherton neighborhood. Some say the graffiti is the latest sign that the rich are becoming targets. Others say it’s just kids being kids – and the FBI has better things to do. Read more

LIBYA OIL: With so much attention being paid to other hot spots like Ukraine and Venezuela, energy markets may be taking their eye off Libya. They shouldn’t. Protests at oilfields and ports have knocked oil production down to 230,000 barrels per day from 1.4 million bpd in summer. Read more

JUNK FOOD MARKETING:  First lady Michelle Obama is expected to lay out new restrictions on the marketing of junk food and sugary drinks in schools today. This includes logos on stadium scoreboards and other branding. What does this mean for food companies? Is this really a lost opportunity? Read more

US STOCKS END MODESTLY LOWER; S&P 500 RETREATS FROM RECORD: Read more

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Business Latest: The FBI and the 1%