wiar 2-15-17

Mary FanslauWhat I Am Reading

February 15  (Wednesday)

U.S. Stocks Again Close at New Highs (W)
Warren Buffett’s Berkshire takes huge bite of Apple shares, ups stakes in airlines (C)
Don’t write off investment research (FT)

Central banks
Yellen Says Fed Will Consider Raising Rates at Coming Meetings (W) | Testimony

Small-business sentiment keeps up post-election groove, NFIB says (MW)
PPI shows biggest gain in wholesale inflation since 2012 (MW)
When It Comes to Moving, Millennials Are Stuck in the Mud (B)
No tax reform without border adjustment tax, Rep. Nunes says (C)

Eurozone Economy Weaker Than Previously Reported (W)
Greece Wants Concessions on Creditor Demands (W)
Italy considers €5bn bailout of regional banks (FT)

Inflation in China is heating up fast (BI)

US politics
Trump Knew Weeks Ago of Misleading Statements by Flynn (W)
After Flynn Tumult, Trump White House Is at a Crossroads (W)
Pressure builds for probe into Trump-Russia ties (FT)
Omarosa Manigault reportedly said the Trump administration is compiling ‘dossiers’ on journalists (BI)

Geopolitics & trade
A quick guide to the ‘border adjustments’ tax (Brookings)
U.S. business in China warms to possible Trump trade policy shake-up (R)
Russia has secretly deployed a cruise missile that US says violates an arms treaty, report says (C)

Industries & companies
Autos: Ditching Opel Is Next Step in GM CEO’s Profit Drive (W)
Financials: Cigna Faces Off With Anthem, Escalating Fight by Scrapping Deal (B)
Financials: AIG Posts $3.04 Billion Loss, Adding to CEO Hancock’s Woes (B)
Financials: Credit Suisse just made a $2.3 billion loss (BI)
Financials: Goldman Stock Hits Record on Bets Trump Will Unleash Wall Street (B)
Financials: Yellen Rejects Trump Attacks on Dodd-Frank, Says Banks Now Safer (B)
Financials: The Dodd-Frank Rule Banks Want to Keep (W)
Financials: How Fintech can take off without getting hampered by regulations (Brookings)
Health Care: Humana says it plans to pull out of Obamacare exchanges in 2018 (C)

North Korean Leader Kim Jong Un’s Brother Killed in Malaysia (W)