5 Things You Must Know on Monday



1. -- U.S. stock futures on Monday pointed lower and European stocks declined after Federal Reserve officials, including Chair Janet Yellen, made a case for an increase in interest rates, perhaps as early as September.

Stocks on Friday closed mixed following Yellen's comments at the Economic Policy Symposium in Jackson Hole, Wyo.

2. -- Billionaire activist Carl Icahn late Friday reported that he had acquired 2.3 million additional shares of Herbalife (HLF). 

3. -- Roche (RHHBY)  , the Swiss drugmaker, said Monday the Food and Drug Administration issued an Emergency Use Authorization for its Zika rRT-PCR Test, a test for the Zika virus that has been associated with microcephaly, a birth defect.

4. -- Carlyle (CG) is weighing whether to withdraw from its hedge fund activities, as the private-equity group struggles with its offerings and as one of its remaining vehicles has shrunk by almost 90% in two years.

Another Carlyle hedge fund, Vermillion, was reconfigured last year. In February, Carlyle shut its fund of funds business, Diversified Global Asset Management.

5. --  The union representing most Canadian autoworkers said on Sunday it voted for a strike mandate.
Unifor, which represents more than 20,000 autoworkers, is pushing General Motors ( GM) , Fiat Chrysler Automobiles ( FCAU) and Ford ( F)  to invest further in the province of Ontario, home to nearly all of Canada's auto industry, in talks that began this month.

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