wiar 7-27-17

Mary FanslauWhat I Am Reading

Jul 27 (Thursday)

U.S. Stocks on Pace to Close at Records After Fed Stands Pat (W)
Gains for AT&T and Boeing Help Lift US Stock Indexes Higher (N)
Zeal for US corporate debt near post-crisis high (FT)
Asian bond market suffers flurry of cancelled sales (FT)

Currencies & commodities
The Fed has become the dollar’s ‘biggest problem’ (BI)
Copper hits 2-year high on China scrap ban fears (FT)
Investors to Big Oil: Restrain Yourselves (W)

SEC Chairman Puts in a Good Word for Active Investing (W)
S.E.C. Issues Warning on Initial Coin Offerings (N)
Chinese Fund Managers Get Personal in Due Diligence (W)

Central banks
Fed Set to Shrink Bond Holdings ‘Relatively Soon’ (W)
Parsing the Fed: How the July Statement Changed From June (W)
The Speech That Transformed European Markets—5 Years On (W)

Maybe We’ve Been Thinking About the Productivity Slump All Wrong (N)
Denver Wins Big as Financial Firms Relocate to Cut Costs (W)
The Best $100,000+ Tech Jobs Are Increasingly Concentrated in Just 8 Cities (W)
Where to Find a $35,000 Job—Without a Degree (W)

EU Threatens Poland With Sanctions Over Court Move (W)
The Brexit slowdown continues (BI)
As Emissions Scandal Widens, Diesel’s Future Looks Shaky in Europe (N)
U.K. Joins France, Says Goodbye to Fossil-Fuel Cars by 2040 (B)

Modi ‘challenger’ quits as Bihar chief minister (FT)

US politics
The Myth of Trump’s Do-Nothing Presidency (W)
Trump Eyes Tax-Code Overhaul (W)
Officials to Release Tax Plan Principles This Week (W)
Mnuchin Says Treasury’s Effort to Conserve Cash Is Costing Taxpayers (W)
Trump Again Criticizes Sessions, This Time on FBI Leadership (W)

EU Cautions U.S. on Russia Sanctions Bill (W)
U.S. to Sanction Chinese Entities Over North Korea (W)

Industries & companies
Aerospace: Boeing Boosts Profit Forecast, Share Buyback After Strong Quarter (W)
Consumer: Coca-Cola to Replace Coke Zero in the U.S. (W)
FAANGs: Amazon Market Cap Tops Half a Trillion (W)
FAANGs: Amazon Plans Job Fair for 50,000 Positions (W)
FAANGs: Whole Foods’ Sales Slump Eases Ahead of Takeover by Amazon (B)
Financials: RBS to Spend More Than $1 Billion to Appease European Authorities (W)
Health Care: Anthem Seeks Clarity from Health Law Debate (W)
Technology: How Microsoft Has Become the Surprise Innovator in PCs (N)

Corporate finance
The Luxury Arms Race: Michael Kors and Coach Target Takeovers (N)
U.S. Shale Threatens Chemical Element of Aramco’s IPO (W)

SoftBank Said to Consider an Investment in Uber (N)
Your Roomba May Be Mapping Your Home, Collecting Data That Could Be Sold (N)

A Catholic School’s Dilemma: How to Spend Its Snap IPO Millions (W)
How Jony Ive Masterminded Apple’s New Headquarters (W)