wiar 07-29-20

MFwebsite2020researchWhat I Am Reading

Jul 29 (Wednesday)

Morning Briefing PDF
Daily Markets

Stocks Close Lower Amid Bevy of Earnings Reports | W
At Center of ‘Erratic’ Market Moves Is a Raging Recovery Debate | B

Credit & commodities
A trading tool that’s transforming the $10 trillion-plus corporate bond market | R
Pandemic Puts Pressure on Private Debt as Default Rates Rise | W
Here’s the best way to hedge the weakening U.S. dollar and buying gold isn’t the move | MW
Jim Cramer: Charts show gold prices are nearing a peak | C

Central banks
Fed announces extension in lending facilities until end of the year | R
Biden Urges Bigger Role for Fed in Addressing Racial Wealth Gap | W

Rising COVID-19 cases dent U.S. consumer confidence; housing market presses ahead | R
The homeownership rate jumps to the highest level since 2008 — but looks could be deceiving | MW
Why experts say the unemployment system is broken | C
Americans are driving older cars as workers stay home, economy slows | R

US policies & politics
Coronavirus-Stimulus Plan Splits Senate Republicans | W
Coronavirus stimulus updates: Next steps after Republicans release HEALS Act | C
Coronavirus stimulus updates: McConnell defends liability protections | C
U.S. lawmakers, Bank of America press small business agency to fix PPP lending data | R
Joe Biden vice president pick: Susan Rice emerges as serious contender | C
William Barr Defends Federal Deployments to Break Up Protests in Tense Hearing | W

Virus I
Moderna Covid Vaccine Protects Monkeys From Virus, Humans Next | B
Pfizer Sees Covid-19 Vaccine Needed Regularly, Long-Term | B

Virus II
U.S. Coronavirus Infections Fall Below 60,000 for Second Straight Day | W
Trump says he still thinks hydroxychloroquine works in treating early stage coronavirus | C
Trump Says Warnings Against Anti-Malaria Drug Were Political | B
After Reopening, Coronavirus-Hit States Chart Their Own Paths to Close Up Again | W

Industries & companies
Consumer: 3M’s Sales Drop Despite Demand for Face Masks, Cleaning Supplies | W
FAANGs: Zuckerberg to Focus on Competitive Threats in Antitrust Hearing | B
FAANGs: Facebook Offers Money to Reel In TikTok Creators | W
FAANGs: Apple China iPhone sales jump sharply in the second quarter | C
Media: ‘A Big Correction’: Pandemic Brings Change to ‘Bloated’ Ad Industry | N
Media: AMC, Universal Agree to Trim Theatrical Window Before Movies Go Online | W
Pharma: Trump to use Defense Production Act to turn Kodak into a pharmaceutical company | NN
Pharma: Kodak Shifts Into Drug Production With Help of $765 Million U.S. Loan | W
Pharma: Kodak soars another 50% after Trump announces deal to manufacture generic drug ingredients | C
Restaurants: Starbucks Logs Another Sales Hit From Coronavirus | W
Retail: Victoria’s Secret parent L Brands (LB) to cut 15% of corporate jobs | C
Tech: Chip Maker AMD Raises Sales Outlook as Intel Battle Heats Up | W

Najib Razak, Former Malaysian Prime Minister, Found Guilty in 1MDB Case | W
Back-to-College Plans Devolve Into a Jumble of Fast-Changing Rules | W

wiar 07-28-20

MFwebsite2020researchWhat I Am Reading

Jul 28 (Tuesday)

Morning Briefing PDF
Daily Markets

U.S. Stocks Close Higher to Start Week With Gains | W
A robust junk bond market gives stock investors confidence as worries about a market top increase | C
Powered by China, a Technology Benchmark Opens in Hong Kong | W
Dollar move signals new era of weakness for currency, as gold gains | C
Gold Prices Hit Record as Dollar Drops | W

Central banks
Two Republican Senators Will Oppose Shelton’s Fed Candidacy | W

U.S. manufacturing sector regaining momentum, rising COVID-19 threatens recovery | R
U.S. Orders for Long-Lasting Goods Gained in June | W
People Don’t Avoid Work When They Get $600 a Week From Unemployment | B
How has COVID-19 impacted Social Security — and will it ever recover? | MW
Jumbo Mortgage Rates Are No Longer the Cheapest Mortgages Around | W

US policies & politics
GOP to Release Coronavirus Aid Proposal After Delay | W
Republicans, White House seek $400 cut to weekly unemployment aid: report | R
Republican Jobless Plan Could Take Five Months to Execute | B
Biden Tax Plan Targets Profitable Companies That Pay Almost Nothing | W
Brian Brenberg: Democrats are using coronavirus stimulus as opportunity to push their big-government agenda | FO

Geopolitics & trade
U.S. reduces diplomatic staff in China after Chengdu closure | C

Industries & companies
FAANGs: Amazon CEO Jeff Bezos Faces Rare Test in First Testimony Before Congress | W
Retail: Walmart, Kroger Bottle Their Own Milk and Shake Up American Dairy Industry | W
Retail: Walgreens Says Stefano Pessina to Step Down as CEO, Become Chairman | W
Retail: The Rise and Fall of J.Crew | W
Retail: Under Armour reveals execs received ‘Wells notice’ over sales probe | C
Tech: Morgan Stanley M&A chief: Breaking up Big Tech doesn’t make sense | C
Tech: AMD vs. Intel shares: Traders debate which is the best bet | C
Wireless: Samsung Primed for 5G Foray as U.S., China Brawl Over Huawei | W

Virus I
US coronavirus: Early signs that new coronavirus cases may have hit a plateau | NN
Coronavirus outbreak show signs of slowing in Arizona, Texas and Florida | C
Miami medical teams feel helpless as COVID-19 devastates South Florida | R
Coronavirus Is Back With a Vengeance in Places Where It Had All but Vanished | W

Virus II
Moderna COVID-19 vaccine could be ready for use by end of year, U.S. says | R
Moderna’s Coronavirus Vaccine Begins Final-Stage Testing | W
Dr. Fauci isn’t ‘particularly concerned’ about Moderna coronavirus vaccine | C

Virus III
President Trump announces $265 million award to Fujifilm for coronavirus vaccine manufacturing | C
Biden Urges Vaccine Process Free from ‘Political Pressure’ | B
New Jersey gym owners arrested after defying coronavirus order: ‘We will not be backing down’ | C
Google employees work-from-home order extended to summer 2021 | C
DraftKings stock down as MLB postpones 2 games due to coronavirus | C
The Doctor Behind the Disputed Covid Data | N

Garmin Says Cyberattack Made Its Software Unavailable | W

Corporate finance
Ro raises $200 million at $1.5 billion valuation, $250 million sales | C

We’ll Be Wearing Masks for a While. Why Not Make Them Nice? | N
NASA will send a balloon the size of a football field to study the stars | NN
Another Covid-19 Problem for Companies: All This Working From Home Isn’t Cheap | W
Visa, Mastercard Fined Wirecard for Dubious Transactions | W

wiar 07-27-20

MFwebsite2020researchWhat I Am Reading

Jul 27 (Monday)

Morning Briefing PDF
Daily Markets

Investors Set Aside Coronavirus Worries, Driving a ‘Melt-Up’ in Markets | W
China imports more oil from Saudi than any other country in June | R

Central banks
Why Growth in the Fed’s Asset Portfolio Has Paused | W

The jobless claims numbers are both better and worse than you may have read | MW
Here Are 32 Million Reasons Congress Must Extend Enhanced Jobless Benefits | BR
In Picking Up Work Here and There, Many Miss Out on Unemployment Check | N
America’s Innovation Engine Is Slowing
Fires and Pepper Spray in Seattle as Police Protests Widen Across U.S. | N

Pulling together – Europe’s €750bn rescue package sets a welcome precedent | E

US politics
Mnuchin says $1 trillion GOP coronavirus relief plan ready | C
Coronavirus relief: Kudlow says next round will include $1,200 stimulus checks, extension of eviction moratorium | C
Poll Finds Just 13% of Voters Still Up for Grabs for Trump, Biden | W

Covid’s Next Economic Crisis: Developing-Nation Debt | W

Geopolitics & trade                                 
U.S.-China Relations Have Sunk to a New Low. What It Will Take to Worry Markets. | BR
Billionaire Investor Ray Dalio Warns of U.S.-China ‘Capital War’ | B
Don’t Ban TikTok. Make an Example of It. | N

Industries & companies
Airlines: At Boeing and Airbus, Finished Airplanes Pile Up | W
Biotech: These Companies Are Seeking a Cure for Sickle Cell. And It’s Just the Beginning for Some Gene Therapy Stocks. | BR
Energy: Hydrogen Stocks Have Hit Bubble Territory | BR
Financials: Wells Fargo Tightens Purse Strings to Ride Out Coronavirus Pandemic | W
Pharma: Corporate Insiders Pocket $1 Billion in Rush for Coronavirus Vaccine | N
Utilities: Risks Remain, but PG&E Looks Undervalued After Exiting Bankruptcy. Here’s Why. | BR

Virus I
Global coronavirus cases top 16 million | C
Florida now has more coronavirus cases than New York and California leads the nation | C
U.S. coronavirus deaths top 1,000 for four straight days | C

Virus II
A Big Unknown in Covid-19 Vaccine Development: How Long Will Protection Last? | W
Fauci tells MarketWatch his one big lesson from the COVID-19 pandemic — and why he won’t fly or eat out | MW

Virus III
Coronavirus: Students divided between on-campus and distance learning | C
It Takes a Lot of Covid-19 Tests to Keep a Movie Studio Open | W
Coronavirus in Texas: ‘You Do the Right Things, and Still You Get It’ | N

Corporate finance
Chevron’s Deal for Noble Energy Is Not Enough to Lift Oil Stocks | BR

Macroeconomics – Governments must beware the lure of free money | E
How the Child Care Crisis Will Distort the Economy for a Generation | PO
Tropical Storm Hanna flattens COVID-hit Texas coast | R
Ocean Plastic Is Getting Worse and Efforts to Stem the Tide Fall Short, Study Finds | W

wiar 07-25-20

MFwebsite2020researchWhat I Am Reading

Jul 25 (Saturday)

Morning Briefing PDF
Daily Markets

S&P 500: Where the stock market may head next after bounce off March lows | C
Stock market today: Dow falls nearly 200 points, suffering first negative week in four as Intel slumps | C
Tech Heavyweights Pull U.S. Stocks Down | W
Why a Biden Presidency Could Be Bullish for Stocks | N

Gold surges to record close as U.S.-China tensions escalate and coronavirus concerns rise | C
Shining brightly – Unusually, copper and gold prices are rising in tandem | E

Businesses Hit Hard by Pandemic Drive U.S. Jobs Recovery | W
US Evictions: Worst Yet to Come for Apartment Renters, Landlords | B
Mortgage rates just hit another record low | C

US policies & politics
Coronavirus stimulus update: What we know about the Republican relief bill | C
Stimulus checks: How soon to expect a second round of $1,200 payments | C
Democratic Dollars Force Republican Spending in Red States | W

Geopolitics & trade
Chinese fugitive taken into custody as US claims Houston consulate was a part of espionage network | NN
China Orders U.S. to Close Chengdu Consulate as Payback for Houston Move | W
U.S. officials would not say if they would close consulate in Chengdu, China | C

Industries & companies
Energy: Schlumberger Cuts 21,000 Jobs Amid Historic Oil Downturn | W
FAANGs: Closed Apple Stores could change iPhone buying habits, but there’s reason for hope amid pandemic | MW
FAANGs: Epic Games CEO Tim Sweeney: Apple ‘crippled’ App Store with 30% cut | C
Financials: American Express Reports $1.6 Billion in Provisions for Credit Losses | W
Financials: Bridgewater Associates Lays Off Several Dozen Employees | W
Pharma: Pharma stocks fall as Trump targets drug prices with executive orders | MW
Tech: The Tech-Backed Institute That Shapes How Governments Approach Big Tech | N
Tech: Tech Giants Aim to Solve West Coast Housing Shortage | W
Wireless: Verizon Revenue Drops as Coronavirus Slows Phone Shopping | W

Virus I
Dr. Fauci says coronavirus vaccine likely won’t be ‘widely’ available until months into 2021 | C
Covid-19 Poses More Risk to Patients With Chronic Illnesses—and That’s Bad for the U.S. | W
America’s Covid response is flawed. But even the gold standard nations are seeing big outbreaks | NN
Opinion: The Key to Defeating COVID-19 Already Exists. We Need to Start Using It

Virus II
This is the biggest mistake people make while wearing a face mask | MW
McDonald’s to Require Face Masks in U.S. Restaurants | W
CDC Issues Coronavirus Guidelines for Reopening Schools | W
As U.S. coronavirus surges, Trump officials press back-to-school plan | R
Kids at Home Could Put the Economy in Detention | W

Corporate finance
NRG Energy to Acquire Direct Energy for $3.6 Billion | W

Goldman Sachs Settles 1MDB Dispute With Malaysia for $3.9 Billion | W
Companies Start to Think Remote Work Isn’t So Great After All | W
Hurricane Douglas intensified into major hurricane as it moves toward Hawaii | NN

wiar 07-24-20

MFwebsite2020researchWhat I Am Reading

Jul 24 (Friday)

Morning Briefing PDF
Daily Markets

Stock market today: Stocks fall to session low, with Dow dropping 250 points as tech falters | C
The U.S. Dollar’s Overwhelming Role in a Crisis | W

Central banks
Romney Says He Will Oppose Shelton’s Fed Board Confirmation | B

US Economy Recovery Stalling in Covid Recession, Could Get Worse | B
The economy is in deep trouble again. Coronavirus is to blame | NN
Rise in Weekly Unemployment Claims Points to Faltering Jobs Recovery | W
400,000 Jobs Lost at Airlines During Coronavirus Pandemic | B
Coronavirus: Why housing prices are rising during the pandemic

‘They’d Find Fraud, Fraud, Fraud.’ | II
China Blasts Off on Its Long March to Look for Life on Mars | W

US policies & politics
Senate GOP to unveil coronavirus relief plan next week, Mitch McConnell says | C
That Extra $600 Weekly Unemployment Check Could Soon Become Less Generous | N
Federal agents’ use of force at protests faces internal U.S. government probes | R
Trump cancels parts of GOP convention set for Jacksonville, Florida, citing coronavirus | C

Geopolitics & trade
Trump Says China Trade Deal Means ‘Much Less to Me’ After Virus | B
U.S. Says Jet Fighter Came Close to Iranian Passenger Plane Over Syria | W

Industries & companies
Airlines: Southwest and American Trim More Flying | W
Autos: Tesla Prepares for Hiring Boom as Elon Musk Targets Manufacturing Expansion | W
Consumer: Unilever Capitalizes on Coronavirus Cleaning Boom | W
FAANGs: Amazon Met With Startups About Investing, Then Launched Competing Products | W
Healthcare: Walmart to open six health clinics in Atlanta area by end of 2020 | C
Materials: Aluminum Mills, Can Makers at Odds Over Tariff Exemptions | W
Media: NBC’s ‘The Blacklist’ turned to animation to finish its seventh season | C
Media: Disney delays ‘Mulan’ indefinitely, Star Wars and Avatar movies pushed back a year | C
Retail: Ann Taylor Owner Files for Bankruptcy, Plans to Close Up to 1,600 Stores | W
Social media: Twitter Adds More Users, but Revenue and Profit Fall | W
Tech: Intel Reports Profit Surge But Warns of Further Delays on Advanced Chips | W
Wireless: AT&T Profit Sags Under Pressure From Satellite TV, Covid-19 | W

U.S. Coronavirus Cases Surpass Four Million | W
Vietnam: Zero coronavirus deaths | C
Coronavirus face masks: Home-made coverings likely need multiple layers to prevent spread | C
Coronavirus pandemic: Updates from around the world | NN

Corporate finance
Mall owner Simon and Authentic Brands bid $305 million for Brooks Brothers | C

EV Maker Via Motors Is Said to Seek Funding at $1 Billion Value | B

Exclusive: More than 1,000 people at Twitter had ability to aid hack of accounts | R

wiar 07-23-20

MFwebsite2020researchWhat I Am Reading

Jul 23 (Thursday)

Morning Briefing PDF
Daily Markets

Pfizer Shares Drive Dow Industrials Higher | W
Stock futures hold steady, Microsoft sheds 2.6% after reporting earnings | C
The ‘cobra effect’ will have a ‘disastrous and unimaginable’ impact on the market, Wall Street vet warns | MW
Tumbling Dollar Unleashes Precious-Metals Rally | W
Battered U.S. dollar ‘hanging by a thread’ as coronavirus cases grow | R

Central banks
Fed Deliberates How and When to Roll Out More Economic Support | W

Senate Republicans Discuss Short-Term Extension of Jobless Aid | W
Unemployment: GOP considers extending benefits at reduced level of $100 a week through December | C
Pelosi says more aid directly to Americans is needed to support economic recovery | C
U.S. Jobs Picture Worsens With Census Survey Showing July Drop | B

U.S. home sales rack up record gain; tight supply, COVID-19 seen slowing momentum | R
U.S. Existing-Home Sales Rose 20.7% in June | W
U.S. mortgage refis surge as rates fall to historically low levels | R
Small Businesses Brace for Prolonged Crisis, Short on Cash and Customers | W
Global Dairy Prices Bounce Back From Coronavirus Slump | W

US policies & politics
Trump says sending federal agents to more U.S. cities to fight violent crime | R
PPP small business aid saved 2.3 million jobs, study estimates | R

Europe Could Soon Have Fiscal Firepower of the U.S. | W
Slack Files EU Antitrust Complaint Against Microsoft | W

US politics
Senate GOP balks at Trump’s call to withhold federal dollars from closed schools | NN

Geopolitics & trade
U.S. gives China 72 hours to shut Houston consulate as spying charges mount | R

Industries & companies
Autos: Tesla Posts Fourth-Consecutive Quarterly Profit, Defying Pandemic Shutdown | W
Autos: Tesla Knocks on S&P 500’s Door | W
Autos: Tesla will build its next Gigafactory near Austin, Texas | C
Casinos: Las Vegas Sands Revenue Plummets 97% | W
Restaurants: Chipotle Mexican Grill (CMG) Q2 2020 earnings top estimates | C
Retail: Coronavirus: Retail workers slammed by job cuts, pushed into new roles | C
Tech: Microsoft reports record revenue to wrap up a record-breaking fiscal year | MW
Tech: Microsoft Revenue Surges Though Cloud Growth Slows | W

Virus I
California reports record daily increase in coronavirus cases as it becomes worst-hit state in the U.S. | C
Arizona sees ray of hope in virus battle but cases rise in 44 U.S. states | R
Pfizer, BioNTech Get $1.95 Billion Covid-19 Vaccine Order From U.S. Government | W

Virus II
U.S. hospitals scramble to adopt new HHS coronavirus data system, some states see ‘data blackout’ | C
Opinion | We Searched for Covid-19 Data. Here’s What We Couldn’t Find. | N
Former CDC director says U.S. coronavirus response mixes politics with science in ‘very dangerous’ way | C

Virus III
Covid-19 Measures Have All but Wiped Out the Flu in the Southern Hemisphere | W
Brazil coronavirus: Politics, mixed messages hurt response | C

Wirecard’s Markus Braun Is Arrested Again as Scandal Embroils Angela Merkel | W
Merkel Lobbied for Wirecard Despite German Probe | W
Bill Gates denies conspiracy theories that say he wants to use coronavirus vaccines to implant tracking devices | C

wiar 07-22-20

MFwebsite2020researchWhat I Am Reading

Jul 22 (Wednesday)

Morning Briefing PDF
Daily Markets

Stock market today: Dow pulls out 150-point gain as Big Tech leaders drag Nasdaq down | C
S&P 500 turns positive for 2020, but most stocks are missing the party | R
Jim Cramer: Trump’s face mask endorsement sparked recovery stocks rally | C
Stock futures rise ahead of major technology earnings | C

Central banks
Trump Fed Nominees Shelton, Waller Confirmed by Senate Committee | W

Low Fed rates, flight to the suburbs set to boost U.S. homebuilders | R

Worst Flooding in Decades Raises Concerns Over China’s Three Gorges Dam | W

How Angela Merkel’s Change of Heart Drove Historic EU Rescue Plan | W

US politics
U.S. House passes $740 billion defense bill; fight with Trump looms | R
Biden pledges free preschool as part of sweeping caregiving proposal | R
Second Stimulus Check? Republican Lawmakers Support More Payments | B
Republicans and White House divided on stimulus proposal: ‘I’m not a no, I’m a hell no’ | NN
Trump Moves to Exclude Unauthorized Immigrants From Counts for Congressional Seats | W
Federal Agents Deploy to Chicago as Big-City Mayors Decry Involvement | W

Geopolitics & trade
Xi’s Radical Stock Market Reforms Shield China Firms From U.S. | B
U.S. Accuses Two Hackers of Stealing Secrets From American Firms for China | W

Industries & companies
Airlines: Coronavirus pushes United Airlines (UAL) to a $1.6 billion loss in second quarter | C
Autos: Ford unveils electric Mustang Mach-E race car with 1,400 horsepower | C
Consumer: Coca-Cola Sales Fall 28%, but It Says the Worst Is Over | W
FAANGs: Snap says Facebook ad boycotts ‘opened the door’ with advertisers | C
Financials: E-brokers TD Ameritrade, Interactive Brokers sustained record retail trading volumes in the second quarter | C
Restaurants: With Indoor Dining Upended, Some Restaurants Call It Quits | W
Retail: Covid-19 Prompts Walmart to Close Stores on Thanksgiving Day | W
Retail: Walmart+ vs. Amazon Prime: Subscription service comparison
Retail: Best Buy says its sales are rebounding as stores reopen | C
Social media: LinkedIn to Lay Off About 6% of Its Workforce | W

Virus I
President Trump urges Americans to wear masks to prevent the spread of the coronavirus | C
Trump warns U.S. coronavirus outbreak will probably ‘get worse before it gets better’ | C
Trump Relaunches Coronavirus News Briefings as Cases Surge | W
Coronavirus: Trump says U.S. ‘in the process’ of crafting strategy | C
Tension, infighting roil Trump White House as coronavirus strategy sputters | R
White House coronavirus briefing: Fauci says he was not invited | C

Virus II
Texas and Florida report record average daily coronavirus deaths as hospitalizations also rise | C
Six Months, Two Surges: Contrasting Covid-19 in New York and Florida reveals a less deadly, but more prevalent pandemic | W
Germany’s coronavirus response: masterful science communication | C

Virus III
LabCorp CEO: Coronavirus is spreading faster than testing expansion| C
How Online School Will Be Better This Fall—but Still a Burden on Parents | W

Corporate finance
EBay to Sell Classified-Ad Business to Norwegian Firm for $9.2 Billion | W

Billionaires in New York could pay $5.5 billion a year under new tax | C

wiar 07-21-20

MFwebsite2020researchWhat I Am Reading

Jul 21 (Tuesday)

Morning Briefing PDF
Daily Markets

U.S. Stocks Rise as Investors Weigh Vaccine Hopes, Recovery | W
Nasdaq jumps more than 2% led by Amazon, S&P 500 goes positive for 2020 | C

Central banks
Bernanke and Yellen say the Fed needs to find out why the market broke down in March | C
Trump Nominee Judy Shelton’s Imperiled Nomination to the Fed

When the U.S. sneezes, the world catches a cold. What happens when it has severe COVID-19? | R
Winning Streak of Big Cities Fades With 2020 Crises | W
Wall Street Firms Consider Moving Jobs Out of NYC, Study Says | B

EU Edges Toward Massive Stimulus Package With New Proposal | B
EU eyes cuts to green transition fund in late bid to strike recovery deal | R

China Snuffs Out Beijing Coronavirus Cluster, Wages War on Another | W

US policies & politics I
Who Will Win 2020 Election? First Votes Cast in Six Weeks | B
Democratic sweep could spark a surprise rally with a unified approach to Covid-19, Bank of America says | C
Democrats say Congress appears to be target of foreign interference | C
Wealthy may get up to $40 billion in tax breaks if Obamacare is overturned | C

US policies & politics II
Coronavirus stimulus: Congress tries to pass pandemic relief bill | C
Republicans Put Schools, Jobs at Top of Coronavirus Priorities | W
Will there be a second $1,200 stimulus check? Here’s what we know | C
Corporations Seek Tax-Credit Cash-Out in Next Coronavirus Relief Plan | W
Misleading PPP coverage could cost people their jobs
Trump administration preparing to send federal agents to Chicago | NN

Industries & companies
Airlines: Nearly 17,000 Southwest employees sign up for buyouts, voluntary leave as furlough threat looms | C
Autos: Tesla Is a Hit in China but That Doesn’t Mean Chinese EV Stocks Are a Buy | W
FAANGs: Apple just saved $14 billion in tax — but can the tax system be saved? | TheHill
Media: Covid Rewrites the Disney Playbook | W
Retail: Back-to-School Shopping Is Off to a Rough Start | W
Tech: IBM Earnings Falter as Coronavirus Accelerates Turnaround Push | W

Geopolitics & trade
China May Retaliate Against Nokia and Ericsson If EU Countries Move to Ban Huawei | W

Virus I
Trump says coronavirus masks are ‘patriotic’ after months of largely resisting wearing one | C
Coronavirus: Trump says he will resume holding White House briefings | C
Coronavirus Vaccine Data Raises Hope for Trio of Candidates | W
Investors cheer as two coronavirus vaccine candidates report T-cell responses, but findings are still early stage | MW
Coronavirus vaccine from Oxford, AstraZeneca shows positive response in early trial | C
New Treatment for Covid-19 Shows Promise, but Scientists Urge Caution | N

Virus II
US coronavirus: Some states keep smashing Covid-19 records | NN
More than half of U.S. states have statewide mask mandates | C
How Europe Kept Coronavirus Cases Low Even After Reopening | W
Teachers union sues Florida to halt in-class school reopening amid pandemic | R
As pandemic flares, Chicago bans indoor bars and facials; Florida cases soar | R
‘If It’s Here, It’s Here’: America’s Retirees Confront Coronavirus in Florida | N

Corporate finance
Chevron Agrees to $5 Billion Takeover of Noble Energy | W
Caesars and Eldorado Close $8.58 Billion Merger | W
Jack Ma’s Ant Group Plans Dual IPOs in Shanghai, Hong Kong, Bypassing New York | W
SoftBank Pulls $700 Million From Credit Suisse Fund | W
Walmart Revives Plan to Sell Stake in Asda | W

Twitter Hack Revives Concerns Over Its Data Security | W

wiar 07-20-20

MFwebsite2020researchWhat I Am Reading

Jul 20 (Monday)

Morning Briefing PDF
Daily Markets

S&P 500 Edges Up, Logs Modest Weekly Gain | W
Why MSCI and S&P Global Stock Are Worth Buying at Any Price | BR
The Big 3 Index Providers Have a Huge Amount of Power–Even Over Tesla | BR
Beneath Bond Market’s Surface, Tumbling Real Yields Boost Other Assets | W

U.S. Companies Lose Hope for Quick Rebound From Covid-19 | W
Jamie Dimon’s warning for the U.S. economy | C
Weekly jobless claims rise by 1.3 million vs 1.25 million expected | C

US politics & policies I
US Election: Donald Trump and Mike Pence attempt a campaign reset as public trust falters | NN
Here’s What Double-Digit Unemployment Could Mean for the Election | W
Race for a Covid-19 Vaccine Might Have Political Side Effects | BR
Operation Warp Speed – Donald Trump is hoping for a covid-19 treatment by November | E

US politics & policies II
Depleted Trump Economic Team Faces Major Test Over Extending Coronavirus Relief Efforts | W
Here’s What to Expect From the Next Stimulus Bill — and a Democratic Sweep | BR
As $600-a-Week Jobless Aid Nears End, Congress Faces a Quandary | W
AOC’s Anti-Billionaire Crusaders Are Spreading in New York City | B
Some Companies Got Both Government Contracts and PPP Loans | W
Firms With Troubled Pasts Got Millions of Dollars in PPP Small-Business Aid | W

Geopolitics & trade
China’s Plan to Conquer the Moon, Mars and More | W
Op-Ed: The cold war between U.S. and China just got a lot hotter | C
Huawei and the tech cold war – China v America | E
Japan Will Pay Its Companies to Leave China | B
EU nations deadlocked at tense coronavirus recovery summit | R
G20 officials pledge to keep cooperating to bolster global economy | R

Industries & companies
Autos: ‘A Powerful Force’: Tesla’s Momentum Leads Stock-Market Surge | W
Financials: What Banks Tell Us About Covid-Era Business: ‘Everybody Is, Bluntly, Struggling’ | W
Financials: Despite recession, JPMorgan Chase just posted record revenue — here’s how they did it | C
Financials: Goldman Sachs Just Had a Blowout Quarter. It’s No Fluke. | BR
Financials: BlackRock’s Profit Jumps 21% as Investors Surge Into Bond Funds | W
Financials: Wells Fargo Stock Has Been Beaten Down. It Could Be a Buy. | BR
Healthcare: Hospitals Appeal Decision Upholding Disclosure of Rates Negotiated With Insurers | W
Industrials: The Dimming of GE’s Bold Digital Dreams | W
Restaurants: These restaurant chains filed for bankruptcy during the pandemic | C
Retail: The Next Phase of the Retail Apocalypse: Stores Reborn as E-Commerce Warehouses | W
Retail: Brooks Brothers’ Latest Suitor Wants to Bring Italian Flair to American Fashion | W
Retail: Dollar Stores Are a Retail Growth Story Even in a Downturn | BR

Virus I
U.S. divided over masks, schools as coronavirus cases rise by over 70,000 again | R
Fauci holds up New York as model for fighting coronavirus — ‘They did it correctly’ | C
How Many People in Florida Have Covid-19 Antibodies? | B
Face Masks Really Do Matter. The Scientific Evidence Is Growing. | W

Virus II
Covid-19: Most of World May Face Virus Without Vaccine | B
Oxford’s Covid-19 Vaccine Is the Coronavirus Front-Runner | B
GitLab worked remotely with over 1,000 employees before coronavirus | C
Let them learn – The risks of keeping schools closed far outweigh the benefits | E

Corporate finance
I’ll have semiconductors with that – Analog devices buys Maxim Integrated for $20bn | E

The other virus threat – Japan Inc’s IT needs a security patch | E
Twitter Says Hackers Downloaded Some Users’ Personal Data in Recent Attack | W

John Lewis, U.S. Congressman and Civil Rights Icon, Dies | W
Invisible men – How objectivity in journalism became a matter of opinion | E

wiar 07-18-20

MFwebsite2020researchWhat I Am Reading

Jul 18 (Saturday)

Morning Briefing PDF
Daily Markets

S&P 500 Edges Up, Logs Modest Weekly Gain | W

Central banks
Fed Unveils Plan to Extend Emergency Loans to Nonprofits | W

U.S. Wages Just Jumped the Most Ever. But It’s Horrible News | B
Jobs Recovery Shows Signs of Slowing as Coronavirus Surges | W
Flight to suburbs boosts U.S. homebuilding, but COVID-19 surge erodes consumer sentiment | R

US policies & politics
Treasury’s Mnuchin open to blanket forgiveness for smaller business relief loans | R
Biden facing pressure within party as running mate search enters final phase | R
Biden Says Republicans Will Have ‘Epiphany’ If He Is Elected | B
Mary Trump: Trump rips his niece in first comments about her book | NN
Ruth Bader Ginsburg says she’s being treated for liver cancer but working ‘full steam’ | C

Industries & companies
Airlines: ‘Let’s Go Fly, for God’s Sake.’ Behind American Airlines Chief’s All-In Strategy | W
Airlines: Delta seeks to cut pilots’ minimum pay to avoid furloughs for a year | C
FAANGs: Amazon stock had its worst week since February | C
FAANGs: FTC Considering Deposing Top Facebook Executives in Antitrust Probe | W
Financials: BlackRock’s Profit Jumps 21% as Investors Surge Into Bond Funds | W
Pharma: Moderna’s 370% Rally Has Cost Short Sellers $1.5 Billion in 2020 | B

Virus I
U.S. Virus Cases Hit Another Daily Record as State GOP Officials Target Mask Orders | W
Trump says ‘I don’t agree’ with CDC director’s mask message | C
California governor outlines strict guidelines for schools, making classroom instruction unlikely | C
San Francisco mayor pauses reopening indefinitely, orders offices and indoor malls to close | C
Coronavirus: Cuomo clears NYC to enter next phase of reopening with restrictions | C
Texas GOP In-Person Convention Back On in Last-Minute Ruling | B
Virus II

N95 Face Mask Makers Ramp Up Production to Meet U.S. Covid-19 Demand | W
Timeline Accelerates for COVID-19 Drug Development
Almost all Covid-19 patients with symptoms had at least one of these three, small CDC survey says | NN
CVS Covid-19 Test Results Are Taking Longer Than Customers Have Been Told | W

Virus III
Schools Beat Earlier Plagues With Outdoor Classes. We Should, Too. | N
How Sweden fought coronavirus, and what went wrong | C
How Dr. Deborah Birx’s political skills made her the most powerful person on the task force | NN
Rare air: U.S. meatpackers try air cleaning tech after COVID-19 outbreaks | R