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For some riders, Uber is networking gold

UberPool allows strangers to share rides and promises cheaper fares and less impact on the environment, but for some there's a third benefit.
Source: CNBC.com | By: Uptin Saiidi
UPDATE 1-United Airlines to pay $100 mln for Azul stake, for foothold in Brazil

SAO PAULO, June 26- United Airlines has agreed to pay $100 million for a 5 percent stake in Azul SA, Brazil's third-biggest airline, as it attempts to catch up with U.S. rivals with more established ties in South America's biggest air travel market. Delta Air Lines Inc bought a 3 percent stake in Brazil's No.2 airline Gol Linhas Aereas Inteligentes SA for $100...
Source: Reuters | By: Priscila Jordão
GLOBAL MARKETS-Asia stocks off 3-mth lows as China bounces, all eyes on Fed

*Asia markets broadly up, China shares rebound despite IPO rush. Financial spreadbetters expected Britain's FTSE 100 to open 13 to 17 points higher, or as much as 0.25 percent, Germany's DAX to gain 33 to 39 points, or as much as 0.35 percent, and France's CAC 40 to rise 11 to 12 points, or as much as 0.25 percent, on Wednesday. MSCI's index of Asia-Pacific shares outside...
Source: Reuters | By: Saikat Chatterjee
GLOBAL MARKETS-Asia stocks tread water, China sinks, all eyes on Fed

*Asia markets mixed, China shares trampled in IPO rush. MSCI's index of Asia-Pacific shares outside Japan edged up 0.4 percent from a three-month low on Tuesday. "The China and Hong Kong stock markets appear to be ripe for some correction thanks to their expensive valuations unless we see some big stimulus measures from authorities and that will keep risk...
Source: Reuters | By: Saikat Chatterjee
Hedge fund spends big for these stock ideas

Some $70 million in research by Coatue Management this year has so far yielded three themes for investing in technology.
Source: CNBC.com | By: Lawrence Delevingne
UPDATE 1-Abacus bank acquitted of all charges in N.Y. mortgage fraud trial

NEW YORK, June 4- Abacus Federal Savings Bank, which caters to the Chinese-American community in New York, New Jersey and Pennsylvania, was found not guilty on Thursday of all charges related to the sale of allegedly fraudulent mortgages to Fannie Mae. A jury in New York state court in Manhattan acquitted the bank of mortgage fraud and falsifying business records...
Source: Reuters | By: Karen Freifeld