• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

2

When SpaceX starts trading, some 'shareholders' will discover they own nothing at all

3

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

1

Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

2

When SpaceX starts trading, some 'shareholders' will discover they own nothing at all

3

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer
FeaturesWeek Ahead

Brexit Vote, Facebook Meeting, and NBA Champs—5 Things to Know for the Week Ahead

By
Tom Huddleston Jr.
Tom Huddleston Jr.
Down Arrow Button Icon
By
Tom Huddleston Jr.
Tom Huddleston Jr.
Down Arrow Button Icon
June 19, 2016, 3:57 PM ET
European Leaders Summit Continues Following Late Night Talks On UK Membership Terms
Photo by Bloomberg—Getty Images

Hello friends and Fortune readers.

By Monday morning, the NBA will have crowned a champion and Facebook’s shareholders will be gathering for the company’s annual meeting, with votes concerning Mark Zuckerberg’s majority voting control planned. Later in the week, Fed chair Janet Yellen will testify before Congress on the state of the U.S. economy while Britons will turn out for a major referendum that will determine their country’s future in (or out of) the EU.

Here’s what you need to know for the week ahead.

1. Brexit vote

Britain’s long-awaited referendum on whether or not the U.K. exits the European Union will finally happen on Thursday. After months of polls showing that a narrow majority of Britons favored staying with the E.U., recent surveys have muddled the picture as some show the country’s voters leaning toward leaving the 28-nation politico-economic union despite the potential for economic aftershocks in the U.K. and across Europe. The lead-up to the referendum has been highly politically charged, with the tense atmosphere reaching its apex in the tragic murder of a Labour party lawmaker last week—a heinous act with seemingly political motivations that has cast even further doubt over this week’s vote. What is certain is that global markets are likely to see heavy trading on Friday, the day after Britain’s vote, as investors could adjust their holdings based on the country’s decision.

2. Yellen testifies

A week after the U.S. Federal Reserve opted to leave the country’s interest rates unchanged for the time being, Fed chair Janet Yellen is set to testify before Congress on U.S. monetary policy. Yellen’s semiannual testimony in front of Congress will last two days, starting Tuesday. While Yellen had hinted recently that further rate hikes were imminent, the Fed chair announced last week that the benchmark rate would hold steady and that future increases would come more slowly than the Fed originally planned. The recent slowdown in job market growth, along with other factors such as the U.K.’s upcoming Brexit vote, have contributed to the central bank’s more cautious approach.

3. Facebook shareholders

On Monday, Facebook holds its annual shareholder meeting and this year’s gathering features a vote on creating another new class of company stock that could help ensure that co-founder and CEO Mark Zuckerberg can maintain his majority voting control even if he sells his shares or transfers them to the Chan Zuckerberg Initiative, the philanthropic endeavor started by Zuckerberg and his wife, Priscilla Chan. However, Facebook’s board is also proposing to remove Zuckerberg’s majority control should he one day exit any management role at the company. Another wrinkle in this year’s meeting comes from the recent revelations that board member Peter Thiel has been privately funding lawsuits against Gawker Media, including the recent Hulk Hogan suit that resulted in a $140 million judgment against the news website that sent Gawker into bankruptcy.

4. Earnings

Global consulting company Accenture reports third-quarter financials on Thursday and the company is likely to post quarterly profits that meet the expectations of Wall Street. Meanwhile, Adobe Systems, which makes the Photoshop software and has been expanding its cloud software business, is expected to beat analysts’ forecasts for second-quarter revenue when the company reports its latest numbers on Tuesday. And, smartphone-maker BlackBerry reports its own quarterly results on Thursday, with the company’s future firmly in question as the company nears CEO John Chen’s September deadline for reaching its goal of posting profits for its hardware business. Chen said last year that, if the hardware unit can’t turn a profit by September 2016, then he will have to consider a shift into being a software-only company.

Other companies reporting quarterly earnings this week include Bed Bath & Beyond, ConAgra, and FedEx.

5. NBA Finals Game 7

The 2015-2016 NBA season will come to an end on Sunday night, as either LeBron James and the Cleveland Cavaliers or Stephen Curry’s Golden State Warriors will be crowned champions after the seventh and final game of this year’s NBA Finals. This year’s series is the first to go to seven games in three years and only the fourth since 2005. The long series has proven to be valuable for Walt Disney and ABC, as the network home of the NBA Finals has seen its ratings climb throughout the series. Game 7 on Sunday could be the most-watched of the series, with the potential for more than 20 million viewers, while fans in the Bay Area are already shelling out cash to watch the game in person. The average list price for tickets to the final game approached $3,000 each on the secondary market on Friday.

 

—Reuters contributed to this article.

About the Author
By Tom Huddleston Jr.
See full bioRight Arrow Button Icon

Latest in Features

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Features

Anduril CEO Brian Schimpf
MagazineDefense
Inside Anduril: Meet the quiet engineer-CEO building America’s $31 billion weapons startup
By Allie GarfinkleMay 6, 2026
1 month ago
A Michigan farm town voted down plans for a giant OpenAI-Oracle data center. Weeks later, construction began
MagazineData centers
A Michigan farm town voted down plans for a giant OpenAI-Oracle data center. Weeks later, construction began
By Sharon GoldmanMay 6, 2026
1 month ago
The American Express CEO defied haters who said he’d never have the top job—winning with millennials and Gen Z and trouncing the competition
MagazineAmerican Express
The American Express CEO defied haters who said he’d never have the top job—winning with millennials and Gen Z and trouncing the competition
By Shawn TullyMay 6, 2026
1 month ago
Photo of Marc Benioff
Magazinecommunication
Salesforce CEO Marc Benioff turned his earnings call into a vodcast. Why other Fortune 500 CEOs might follow
By Rachel VentrescaMay 6, 2026
1 month ago
Intel Chief Exec, Lip-Bu Tan, on stage
EuropeIntel
Intel’s share price just blew the doors off. One man thinks he knows the reason why
By Kamal AhmedApril 27, 2026
2 months ago
Who owns ideas in the AI age?
MagazinePublishing
Who owns ideas in the AI age?
By Francesca CassidyApril 8, 2026
2 months ago

Most Popular

Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back
Environment
Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back
By Catherina GioinoJune 9, 2026
3 days ago
When SpaceX starts trading, some 'shareholders' will discover they own nothing at all
Investing
When SpaceX starts trading, some 'shareholders' will discover they own nothing at all
By Jim EdwardsJune 12, 2026
9 hours ago
Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer
Energy
Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer
By Sasha RogelbergJune 10, 2026
2 days ago
Current price of oil as of June 11, 2026
Personal Finance
Current price of oil as of June 11, 2026
By Joseph HostetlerJune 11, 2026
1 day ago
American taxpayers have spent $33 billion on sports stadiums. They got fewer seats—and higher prices
Success
American taxpayers have spent $33 billion on sports stadiums. They got fewer seats—and higher prices
By Catherina GioinoJune 11, 2026
1 day ago
Meet the SpaceX employees who are set to become multimillionaires thanks to its IPO: from execs to even welders
Success
Meet the SpaceX employees who are set to become multimillionaires thanks to its IPO: from execs to even welders
By Preston ForeJune 11, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.