As noted here yesterday, this is a classic power struggle, and Zeke J. Miller of our sister publication Time analyzes it insightfully. -If you're puzzled by what on earth happened to U.S. retailers yesterday, Phil Wahba explains. The sector collapsed loudly on Wall Street after Macy's reported weak results and slashed its forecast of revenue and profit for 2016. [ts_link link="http://fortune.com/2016/05/11/hillary-clinton-child-care/" source= "Fortune"]Watch out for the dangers of angel investorsToo many angel investors can scare away venture capital. [ts_link link="http://www.nytimes.com/2016/05/13/world/americas/dilma-rousseff-brazil-impeachment.html" source= "NYT"]Share Today's Power Sheet:http://fortune.com/newsletter/powersheet/[ceo_attribution author="Produced by Ryan Derousseau" email="powersheet@newsletters.fortune.com" twitter="ryanderous"]

Source: New York Times May 11, 2024 23:19 UTC