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Peter Thiel is reportedly exiting Silicon Valley

CNBC Peter Thiel, American entrepreneur, venture capitalist, and hedge fund manager. Investor Peter Thiel is moving his residence and business operations from San Francisco to Los Angeles, the Wall Street Journal reported Thursday. The decision underscores a growing divide between the outspoken tech industry conservative and Silicon Valley. Thiel has …

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Gun stocks are rallying as they usually do after a mass shooting

Shares of gun manufacturers rose in the premarket Thursday, continuing rallies in the wake of the tragic shooting at a high school in Florida. Sturm Ruger and Smith & Wesson’s parent company, American Outdoor Brands, rose 2.8 percent and 2.4 percent, respectively, before the bell. The Broward County Sheriff’s Office …

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Standard Life Aberdeen hit as biggest client Lloyds pulls plug

Simon Dawson | Bloomberg | Getty Images A Standard Life logo sits on a wall outside Standard Life House, the headquarters of Standard Life Plc, in Edinburgh, U.K., on Saturday, Aug. 9, 2014. Standard Life Aberdeen said on Thursday it had been served notice on a 109 billion pound ($153 …

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