wiar 12-05-17

Mary FanslauWhat I Am Reading

Dec 05 (Tuesday)

Markets
Early gains for S&P 500 evaporate as techs sell off (FT)
Wall St sets new records on tax breakthrough (FT)
What to Consider Before You Dash Into Cash (W)

Central banks
Fed’s Harker tells us why next year is a wild card for rate hikes (BI)
Richmond Fed Picks McKinsey Executive Thomas Barkin as President (W)
Kuroda ambiguity leaves traders guessing BoJ’s path (FT)

US
Americans’ Nest Eggs Have Never Been Bigger (B)
Want a New Job? This Is What Employers Require From Their Workers (W)

Europe
Europe Starts Seed Fund to Keep Small Tech From Leaving (W)
Brexit deal falls through over Irish border dispute (FT)

Japan
Blame Japanese Banks for the Flat Treasury Curve, Citigroup Says (B)

China
China’s Infrastructure Binge Is Set for a Major Slowdown (B)

US politics
GOP’s Late Changes to Tax Legislation Buoy Key Industries (W)
Senate’s ‘Unpleasant Surprise’ Hurts Tax Breaks for Tech, Others (B)
Businesses Push to Repeal Corporate AMT (W)

Geopolitics & cybersecurity
U.S. Defies North Korea With Drills Involving 230 Aircraft (B)
New CFPB Chief Curbs Data Collection, Citing Cybersecurity Worries (W)

Industries & companies
FANGs: Apple’s First Medical Study Signals Broader Health Ambitions (W)
Pharma: Montana Is Latest State to Sue Purdue Pharma Over Opioid Crisis (W)
Retail: How Dollar General Became Rural America’s Store of Choice (W)
Restaurants: Starbucks opened a super-sized gourmet location in China — here’s what it looks like (BI)
Restaurants: McDonald’s will roll out its Dollar Menu replacement in January as fast-food price war heats up (BI)

Corporate finance
The CVS-Aetna Gamble: Health Giant Not Built Around Doctors (W)
Pressing for a Deal, Broadcom Wants to Remake Qualcomm Board (W)
Mastercard to repurchase up to $4 billion of its shares (BI)

Technology
This CEO Sees Robot Taxis and Delivery Cars Coming in 2018 (B)
Even Robots Are Joining the Bitcoin Craze as Quants Seek an Edge (B)
Is It Time to Regulate Bitcoin? (W)

Offbeat
‘House of Cards’ Will Return on Netflix, Without Spacey (W)