On Sunday, Italian citizens voted on a referendum to remove power from the senate. If it passes, the reform would require proposed laws receive approval from only the lower house of parliament. If it fails, Prime Minister Matteo Renzi has promised to resign his post. But what else happens as a consequence of a yes or no result?

Read The Capitalist’s Take Here

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TWITTER ACQUIRES SMALL STARTUP IN ORDER TO POACH NEW PRODUCT CHIEF

Almost a year after its last product VP jumped ship, Twitter has finally found a replacement to take on the challenging job of rekindling the service's stalled user growth. Twitter's new VP of Product is Keith Coleman, a longtime Google product manager who has been working at a small, little known startup called Yes for the past few years. Twitter took an interesting route to hire Coleman: it acquired his seven-person startup.

Read More at Inc. Here

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VENEZUELA TO ISSUE NEW BOLIVAR BANKNOTES AFTER DRAMATIC FALL IN VALUE

Venezuela will introduce six new notes and three new coins from mid-December to help alleviate practical problems in doing business with the world’s most inflationary currency, according to the central bank. Currently, the Opec nation’s largest note is worth just 2 US cents on the black market, meaning cash transactions are extremely cumbersome.

Read More at The Guardian Here

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Closing Bell

– Friday, December 2nd

Markets Continue Flat as Italian Referendum Looms

Big Insider Trades

– Omeros Corp. (OMER) President Gregory Demopulos Sells $2.5m

– American Homes 4 Rent (AMH) Director Tamara Gustavson Buys $3.3m