wiar 5-03-17

Mary FanslauWhat I Am Reading

May 03 (Wednesday)

Markets
Wall Street’s small-cap guru: Bull market for smaller stocks has years to run (C)
Investors Pull Almost $7 Billion from Hedge Fund Giant in Four Months (W)
John Paulson’s Fall From Hedge Fund Stardom (N)

Oil
Oil Heads for Lowest Level in More Than Month (B)

Central banks
Fed set to leave interest rates unchanged, may hint at June hike (R)

US
Slumping Car Sales Are Latest Data to Rattle Bets on Growth (W)
Infosys plans to hire 10,000 U.S. workers after Trump targets outsourcing firms (R)
Evidence Is Scant on Tax Cuts for Business Fueling Growth (W)
IRAs Mostly Serve People Who Need Them the Least (W)

Europe
Pledging more austerity, Greece cuts deal with lenders (R)

China
China’s corruption clampdown risks paralysis (FT)
We haven’t heard JPMorgan CEO Jamie Dimon go this dark on China in a long time (BI)

US politics
Republicans still short of votes in healthcare battle (R)
GOP Losing Votes on Its Health Bill (W)
U.S. government shutdown possible if Democrats don’t act better: Mulvaney (R)
Clinton Blames FBI and Russia for 2016 Loss (B)

Geopolitics
Trump Follows Instincts, Not Establishment, With Overtures to Kim and Duterte (N)
U.S., China talk firmer U.N. response to North Korea’s missiles: diplomats (R)
Trump nominee for China ambassador promises firm line on Beijing (R)
Putin, Trump agree to work together on Syria, set up meeting: Kremlin (R)
Putin, Merkel struggle to move past differences in tense meeting (R)
In Palestinian Power Struggle, Hamas Moderates Talk on Israel (N)

Industries & companies
Airlines: U.S. lawmakers eye airline legislation, citing ‘terrible’ experiences (R)
Autos: Auto Sales Fall for Fourth Straight Month (B)
Health care: Aetna to Pull Back Further From Health Exchanges (W)
Media: Twitter Teams Up With Bloomberg (W)
Tech: Apple Sells Fewer iPhones in Last Quarter, Shares Slide (B)
Tech: Apple Can’t Ignore Microsoft’s Slick New Laptop (B)
Tech: Samsung Gets Green Light to Test Self-Driving Cars (W)

Corporate finance
Global Deal Making Falls to Slowest Pace in 20 Years (W)

Offbeat
Dr. Doom: Trump is the biggest risk in the world (NN)
New York Times columnist Bret Stephens responds to letter from climate scientists: ‘I find their reaction odd’ (BI)
The big goal for Alexa is a nice, long chat, says Alexa’s chief scientist (C)