President Trump and the First Lady with Queen Elizabeth II at a D-Day anniversary celebration in Portsmouth, England. Photo: Dan Kitwood/Getty Images
President Trump traveled to Portsmouth to mark the 75th anniversary of the D-Day landings on the third and final day of his state visit to the United Kingdom, the highest honor afforded to a foreign leader.
Details: Trump is among 15 world leaders being hosted by British Prime Minister Theresa May on the southern coast in an event commemorating the largest combined land, air and naval operation in history, per the BBC.
U.S. private equity returns fell just below S&P 500 returns for the 10-year period ending last June, according to a report released Monday morning by Bain & Company.
Why it matters: Private equity markets itself as beating public markets over long-term time horizons, and usually providing an illiquidity premium to boot. These new performance figures not only dent such claims, but provide fresh ammunition to critics of public pension investment in private equity funds.
Apple may finally allow iPhone owners to set email or browsing apps other than Apple's own as their preferred defaults, according to a Bloomberg report from last week.
The big picture: Customers have long clamored for the ability to choose their preferred apps, and now Apple, like other big tech companies, finds itself under increased scrutiny over anything perceived as anticompetitive.