Bank Strains Emerge as Brexit Collides With Money-Fund Overhaul

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Bank Strains Emerge as Brexit Collides With Money-Fund Overhaul

For U.S. banks, Brexit couldn't have come at a worse time, raising funding costs just as changes to the $2.7 trillion money-fund industry threaten to sap demand for the lenders' short-term debt.
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BRIEF-Takata reaching out to 20 possible bidders to speed sale

Takata is working on restructuring; is open to sale to a private equity partner, a parts supplier or a combination – Bloomberg, citing source – Bloomberg,
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Audit finds accounting problems at Lackawanna County row office

The Lackawanna County clerk of judicial records office neglected basic accounting safeguards for years despite repeated warnings, the state auditor
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Danbury area gas prices trickling down

Quinn Whelehan, of Redding, fills up Tuesday at the Greenwood Avenue Shell station in Bethel. Gas prices have fallen nationally over the past week.
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Brexit Aftershocks Shake UK Real Estate, Pound

LONDON—Two big British asset managers blocked worried investors from pulling money out of real-estate funds, and the pound sank to a new 31-year low Tuesday, twin signs that the U.K.
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