wiar 12-22-17

Mary FanslauWhat I Am Reading

Dec 22 (Friday)

Markets
Are There Any Stock Bears Left in America? (B)

US
U.S. economy grows at fastest pace in more than two years (R)
U.S. Output Grew 3.2% in Third Quarter (W)
How the Cost of Rent Is Keeping Inflation in Check (W)
Fed Study Finds Continued Growth in Credit-Card Payments (W)
What the Reagan, Bush Tax Cuts Tell Us About Revenues (W)

Europe
Separatists claim narrow victory in Catalan election (FT)

China
Tech Titans Wage War in China’s Next Internet Revolution (W)

US politics
After Federal Overhaul, States Weigh Changes to Their Tax Codes (B)
Ryan Pushes Trump to Follow Tax Win With U.S. Welfare Revamp (B)
For Heavily Indebted Firms Like Dell, Tax Bill Delivers a Downside (W)
The Internal Divide Behind Trump’s CFPB Takeover (W)
Obamacare Sign-Ups Stay Strong at 8.8 Million Amid Obstacles (B)
House Democrats rally to protect Special Counsel Mueller (R)

Geopolitics
China’s HNA Faces Calls for Probe of U.S. Deals (W)
U.N. Rebukes U.S. for Jerusalem Move (W)
Trump Threatens Countries That Oppose His Decision on Jerusalem (W)

Industries & companies
Airlines: Boeing, Embraer in Talks Amid Scramble for Regional Jets (W)
FANGs: Apple Is the Most Valuable Public Company Ever. But How Much of a Record Is That? (N)
FANGs: Alphabet’s Eric Schmidt to step down as executive chairman (R)
Financials: Fannie Mae, Freddie Mac receive $3 billion capital cushion (R)
Pharma: Diabetes Is Officially the Messiest Drug Market (B)
Restaurants: Papa John’s Founder to Step Down as CEO (W)
Retail: Sorry. Wrap It Yourself, Say Overwhelmed Online Shops (W)
Retail: Wal-Mart Suspends Shoplifting Punishment That Court Called ‘Extortion’ (W)

Corporate finance
China’s Didi Chuxing Raises $4 Billion in New Funding (W)
Spotify Closes In on Unusual IPO That Boxes Out Bankers (W)

Cryptocurrency
Goldman Is Setting Up a Cryptocurrency Trading Desk (B)
Cryptocurrency Founder Tries a New Play: Sell It All (W)
Singapore cryptocurrency cafe launches as regulators sound warnings (R)
Iced tea maker soars 500% after pivot to blockchain (FT)

Technology
Apple Is Developing an EKG Heart Monitor for Its Smartwatch (B)
Self-driving cars face a new test: snow (FT)