Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours.
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What you need to know on Wall Street today
Finance Insider is Business Insider's midday summary of the top stories of the past 24 hours.
FILE PHOTO: JP Morgan CEO Jamie Dimon speaks at a Remain in the EU campaign event attended by Britain's Chancellor of the Exchequer George Osborne (not shown) at JP Morgan's corporate centre in Bournemouth, southern Britain, June 3, 2016. REUTERS/Dylan Martinez/File Photo
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Jeffrey Lacker, president of the Federal Reserve Bank of Richmond, has abruptly resigned after apparently admitting he was the source of a leak of secret, market-sensitive information about key discussions on interest rate policy within the central bank to consulting firm Medley Global Advisors.
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In markets news, America's leadership of the global stock market is ending. And America's stock markets are slowing down.
In deals news, a European company you've never heard of might buy Panera Bread — and Starbucks should be terrified. In related news, short sellers in Panera are getting torched.
Staples is reportedly in talks to sell itself and its shares are spiking. And a new $250 million fund is aiming to capitalize on the booming housing market in Texas.
WhatsApp is planning a payments service for its biggest market.
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Google says its self-driving car boss made $120 million in incentives while working on a competing startup - another employee
The maker of the EpiPen is being sued under a law that’s typically used to take on organized crime -
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The Wolf of Wall Street's old house is on the market - The onetime home of “Wolf of Wall Street” Jordan Belfort is on the market.
Why Dutch bank ING swapped client lunches for gym trips and used smart watches to track staff well-being - Dutch bank ING is taking a novel approach to client relations – substituting the three-martini lunch for a joint trip to the gym instead.
A hedge fund honcho whose firm has been struggling just raised a bunch of money for his own fund - British hedge fund manager Alan Howard has raised more than $700 million from outside investors for a new fund that he will solely manage.
Student loans make it harder to achieve a cornerstone of the American dream by age 30 - Homeownership in the United States is more achievable by age 30 for people with a college degree.
Vintage photos show how glamorous flying was in the 1950s - In our modern world, it's easy to forget how cool flying actually is.
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