wiar 10-11-17

Mary FanslauWhat I Am Reading

Oct 11 (Wednesday)

Markets
How Trump’s tax plan could backfire on Wall Street (NN)
What Trump Bump? Businesses Aren’t Borrowing from Banks (W)
EM Bulls Need Only Fear Threats of Hawkish Fed, Slumping China (B)
Nobel Economist Thaler Says He’s Nervous About Stock Market (B)

Central banks & IMF
Don’t Fear the Taylor (Rule) Fed; It May Not Look Much Different (B)
IMF Raises Global Economic Outlook for This Year and 2018 (W)
IMF upbeat as global economy enjoys growth spurt (FT)
IMF Warns Against Complacency Even as Global Growth Gains Steam (B)
World Economic Outlook, October 2017: Seeking Sustainable Growth (IMF)

US
American Households Spend Bigger Slice of Income on Debt Payments (B)
For Some Struggling Malls, Churches Offer Second Life (W)

Europe
Catalans Retreat From Immediate Independence to Seek Talks (B)
Rutte forms new Dutch government after 208 days (FT)

US politics
Trump Allies Fear His Corker Feud Is Putting the GOP Tax Plan at Risk (B)
Trump Suggests He’d Beat Tillerson in an IQ Test (B)
Trump’s Madman Theory Is Simply Crazy (B)
Krugman Praises Paul Ryan’s Corporate Tax Reform Plan (B)
EPA Issues Proposal to Withdraw Obama Power-Plant Rules (W)
Congress Considers Low-Interest Loans for Puerto Rico (B)

Geopolitics
North Korea Suspected of Hacking U.S.-South Korean War Plans (W)

Industries & companies
Consumer: P&G Says Peltz Lost Bid for Seat; Activist Disputes Result (W)
FANGs: Apple Strikes Deal With Spielberg’s Amblin for ‘Amazing Stories’ Reboot (W)
FANGs: Jeff Wilke: The Amazon Chief Who Obsesses Over Consumers (W)
FANGs: Russian revelations threaten to shake Facebook to its core (FT)
Pharma: Pfizer Reviews Options for Consumer Healthcare Business (W)
Restaurants: Starbucks CEO Sees Decades of Growth From Its Chinese Expansion (B)
Retail: Pennies count as US grocers wage discount war (FT)
Retail: Wal-Mart Plans Further Cost Cuts as Competition With Amazon Intensifies (W)
Tech: Dell Bets $1 Billion on ‘Internet of Things’ (W)

Technology
SoftBank Leads $164 Million Bet on Digital-Mapping Startup Mapbox (W)
Japan’s Satellite to Help Keep Self-Driving Cars—and North Korea—In Line (W)
FAA Panel Splits on Drone Tracking Requirements (W)

Mother Nature
Thousands Forced to Flee as Wildfires Continue to Rage in California (W)

Offbeat
Police Change Key Piece of Timeline in Las Vegas Shooting (W)
NFL Owners to Discuss Policy on Standing for Anthem (W)
Trump Puts Spotlight on Sports Tax Breaks (W)
Drivers Can Get Porsches on Demand With a $2,000-a-Month Subscription (B)