wiar 3-30-17

Mary FanslauWhat I Am Reading

March 30  (Thursday)

Markets
Opinion: The stock market’s strength has little to do with Trump (MW)
Euro under pressure from ECB rumours (FT)

Technology
Santoli: Here’s why BlackRock is throwing in the towel on human stock picking (C)
BlackRock’s machine strategy is like a self-driving car for stock-pickers (C)
BlackRock Bets on Robots to Improve Its Stock Picking (W)
BlackRock Cuts Dozens of Jobs and Fees in Stock-Picking Unit (B)
The Upshot: Evidence That Robots Are Winning the Race for American Jobs (N)
Domino’s Will Begin Using Robots to Deliver Pizzas in Europe (B)

Central banks
Fed’s Williams: Don’t ‘rule out’ more than three rate hikes this year (C)
Fed’s Rosengren wants four rate hikes this year (C)

US
U.S. pending home sales surge to ten-month high ahead of spring (R)
Homebuilders struggle to fill jobs ‘Americans don’t want’ (C)
Old, rich Americans are loving life after Trump’s win (BI)
Heroin use, addiction up sharply among U.S. whites: study (R)

Europe
May Calls for Friendly Divorce in Brexit Letter (B)
U.K. Sets on Path to Unravel Ties With European Union (W)
The Thorniest Numbers for Brexit Negotiators (B)
All you need to know about Article 50 and the Brexit process (C)

US politics
Majority of Democrats in Senate Plan to Vote Against Gorsuch (W)
Jared Kushner Versus the Bureaucracy (B)
Amid White House Tumult, Pence Offers Trump a Steady Hand (N)
Trump FDA Nominee Wants Lower Drug Costs With More Generics (B)
Trump’s Health Secretary Won’t Say If Administration Still Supports Obamacare Repeal (B)
States Weigh Wider Medicaid After Health Bill’s Demise (W)
Russia Probe Stalls as More Questions Surround Nunes (W)
Intel chair digs in (BI)

Geopolitics & terrorism
Whatever Happened to Free Trade? (W)
General calls Iran ‘destabilizing’ force, suggests US ‘disrupt’ regime by military means (C)
Nations Renew Climate Vows, Press Trump to Do Same (W)

Industries & companies
Autos: Ford to Expand U.S. Production of Trucks and S.U.V.s (N)
Pharma: F.D.A. Approves First Drug to Treat Severe Multiple Sclerosis (N)
Retail: Amazon and Facebook Hit Unexpected Obstacle in India: China (W)
Tech: Samsung launches the Galaxy S8 with its own Apple Siri rival called Bixby (C)

Offbeat
Wealthy Backers Rush in to Shore Up Trump (B)