IHRTQ - Wall Street Breakfast: Unilever Abandons U.K. Headquarters

Unilever is consolidating its headquarters in the Netherlands, abandoning a U.K. base it has maintained for nearly a century. While it looks like a Brexit blow to Theresa May, the move reflects "the fact that the Dutch NV represents 55% of the group's overall share capital and that the shares listed in the Netherlands are more liquid." Unilever ([[UL]], [[UN]]) shares will still continue to be listed in London and New York.

Economy

The U.S. Senate has voted 67 to 31 to ease bank rules, bringing Congress a step closer to passing the first rewrite