wiar 02-27-18

Mary FanslauWhat I Am Reading

Feb 27 (Tuesday)

Markets
U.S. Stocks Extend Recovery, Lifted by Tech Rally (W)
Global FANG Index Just Hit a Record High (B)
Quantitative hedge funds take February beating (FT)
How Softbank, World’s Biggest Tech Investor, Throws Around Its Cash (W)
In New Jersey, New York, Tax Overhaul May Be Lifting Muni Bonds (B)

Central banks
Powell Faces Policy ‘Combativeness’ in Riskier Post-Yellen World (B)
They’re Richer Than Ever in the Land of Negative Interest Rates (B)

US
Home Sales Declines Not Yet Alarming Economists (W)

China
China’s Communist Party Proposal Sets Stage for Xi to Hold On to Power (W)

US politics
Trump Sees Role for Mental Institutions in Stopping Mass Shootings (W)

Geopolitics & cybersecurity
Trump is considering a move that would be his biggest step yet toward a trade war (BI)
Supreme Court to Hear Microsoft Case on Overseas Data (W)
New York is quietly working to prevent a major cyber attack that could bring down the financial system (BI)

Industries & companies
FAANGs: Apple’s China Lesson: Think Different, but Not Too Different (W)
FAANGs: Apple Plans Giant High-End iPhone, Lower-Priced Model (B)
Industrials: GE Overhauls Board, Dumps Longest- Serving Directors, Names Outsiders (W)
Logistics: XPO Unit Faces Suit in California Over Allegedly Misclassifying Drivers (W)
Tech: Galaxy S9 First Look: Samsung Upgrades Camera…and Little Else (W)
Wireless: FTC’s Data-Speed Suit Against AT&T Allowed to Proceed (W)

Corporate finance
Qualcomm Warms to Broadcom Bid, but Price Is Sticking Point (W)

Offbeat
Buffett Won’t Boycott Gun Makers, ‘That Would Be Ridiculous’ (W)
Georgia’s lieutenant governor threatens to retaliate against Delta unless it reverses its decision on the NRA (BI)