wiar 9-26-17

Mary FanslauWhat I Am Reading

Sep 26 (Tuesday)

Markets
Global Markets on Edge After Politics Back in Spotlight (B)
Tech Shares Slide, Pressuring Major Indexes (W)
Japanese stocks ready for Snap! Crackle! Pop! (FT)
The return of the stock picker (FT)
World’s Largest Money-Market Fund Will Lower Returns (W)

Oil
OPEC’s Efforts Pay Off: Oil Is Back in Bull Market (W)
Brent oil hits highest level since July 2015 (FT)
Citi Says Get Ready for an Oil Squeeze (B)

Central banks
Draghi Pledges Euro Area Will Get All the ECB Support It Needs (B)
ECB’s Draghi Brushes Off Lucke’s Criticism of Policies (W)
Draghi says eurozone can withstand external shocks (FT)
Dudley Says Fed to Maintain Gradual Tightening; Evans Is Wary (B)
Evans Says Risks to Fed Inflation Outlook Still on Downside (B)
Forget the Fed Taper, Here’s Why the Global Liquidity Party Is Set to Intensify (B)

US
Target’s Pay Raise Is Proof: ‘Fight For $15’ is Unnecessary (F)
Hurricane Maria Damage Estimate: As Much as $85 Billion in Insured Losses (W)
US violent crime jumps by most in 25 years (FT)

Europe
Merkel Faces Challenges in Three-Way Coalition (W)
Merkel admits she has ‘polarised’ Germany (FT)
The end of German exceptionalism (FT)
Angela Merkel has passed the zenith of her power (FT)
Drift of banking jobs to EU27 is already under way (FT)

Japan
Investors should wake up to Japan’s robotic future (FT)

China
China Fines Social-Media Giants for Hosting Banned Content (W)
China takes WhatsApp messaging service offline (FT)

US politics
Steven Mnuchin, a Washington Newcomer, Tilts at Its Hardest Target: The Tax Code (W)
Trump Maps Lobbying Trip for Tax Plan Likely to Whack N.Y., N.J. (B)
Latest GOP Health Bill Dies as Collins Says She Will Vote ‘No’ (B)
White House Unveils Coding Education Initiative (W)

Geopolitics
North Korea says Trump issued declaration of war (FT)
U.S. Sees ‘Four or Five’ Ways to Resolve North Korean Crisis (B)

Industries & companies
Autos: Shares of US car dealers stage a rally (FT)
Autos: China Considers Rule Change That Could Aid Tesla (W)
FANGs: Welcome to Corporate Adulthood, Facebook. It’s Awful. (B)
FANGs: Apple’s Price Trails Analysts’ Target by Most This Year (B)
Pharma: Pfizer tests new way to trial more drugs (FT)
Retail: Target to Boost Minimum Wages in Battle for Workers (W)
Retail: Target Adding Pinterest Search Tool to Its App (W)

Corporate finance
GE Agrees to Sell Industrial Unit to ABB for $2.6 Billion (W)
The Modern IPO is Useless. Let’s Reinvent It (W)

Offbeat
A Rare Joint Interview with Microsoft CEO Satya Nadella and Bill Gates (W)
Driverless Cars Could Be Used Against Us (WP)