wiar 10-04-17

Mary FanslauWhat I Am Reading

Oct 04 (Wednesday)

Markets
U.S. Stocks Extend Gains on Strong Car Sales (W)
Tax Cuts Are the Dream Pushing a Market That Won’t Stop Climbing (B)

US
Auto sales spike is the start of ‘a big cycle turn,’ strategist says (C)

Europe
Spanish King Says Catalan Leaders Have ‘Undermined Harmony’ (W)

Emerging markets
Why Emerging Markets Are Popping Despite the Risks (W)
Investors Pile Into Emerging-Market Real Estate (W)

US politics
Why the GOP tax plan could implode (C)
House tax plan ‘highly likely’ to include fourth rate on wealthy, likely not higher than 39.6%: Source (C)
Trump Points to Storm Budget Effect in Puerto Rico Visit (W)
Mark Cuban ‘actively considering’ run for president; 90% chance he won’t run (C)

Cybersecurity
Regulators Fret About Cyber Risk After SEC Hack (W)
The White House and Equifax Agree: Social Security Numbers Should Go (B)
Yahoo Estimate of Breached Accounts Triples to 3 Billion (W)
Lawmakers Slam Equifax Ex-CEO Over Hack (W)

Industries & companies
Autos: Ford to Slash $14 Billion in Costs Under New CEO (B)
Autos: Toyota’s U.S. Sales Beat Ford Every Month in Third Quarter (B)
FANGs: How Apple and Amazon built ‘moats’ to stave off the competition (C)
FANGs: After Apple, Europe Goes After Amazon For Alleged Unpaid Taxes (W)
Financials: Wells Fargo boss should go, says Elizabeth Warren (FT)
Tech: Samsung to Build Odyssey VR Headset for Windows (W)

Technology
How 3-D Printers Could Erase a Quarter of Global Trade by 2060 (B)

Las Vegas tragedy
Las Vegas Gunman Planned ‘Extensively’ (W)
Gunman Had ‘Bump-stock’ Device That Could Speed Fire (B)

Offbeat
Nobel Prize in Physics Awarded to Trio for Work on Gravitational Waves (W)