wiar 03-21-18

Mary FanslauWhat I Am Reading

Mar 21 (Wednesday)

Markets
Days Before Selloff, Tech Hit a Milestone Not Seen Since 2000 (B)
Vitol chairman: Opec will need to extend cuts into 2019 (FT)

Central banks
Asian Central Banks Unlikely to Follow Fed Rate Hike (B)

US
Up, Up, Up Goes the Economy. Here’s What Could Knock It Down. (N)

China
Who’s Afraid of Huawei? Security Worries Spread Beyond the U.S. (W)
Chinese Companies Are Buying Up Cash-Strapped U.S. Colleges (B)

US politics
How Lawrence Kudlow’s Rise Breathes New Life Into Indexing Capital Gains to Inflation (W)

Trade
Mnuchin rejects accusations of US protectionism (FT)
China’s Leaders Smooth Trade Tensions but Talk Tough on Taiwan (W)
The Unintended Consequences Of Starting A Trade War With Mexico (F)
Europe’s Pitch to Trump: You Already Have a Good Trade Deal (W)

Geopolitics
Trump Congratulates Putin on His Election Win (W)
Trump Greets Saudi Prince With a Crowded Agenda (W)

Corporate finance
Walmart Remains in Buying Mode to Fight Amazon, Executive Says (B)
Nordstrom Ends Buyout Talks With Founding Family Over Price (B)
Glencore Doubles Down on Coal With $1.7 Billion Australian Investment (W)

Technology & cryptocurrency
Uber’s New CEO Confronts His First Crisis With Driverless-Car Death (W)
Has the Cryptocoin Market Met Its Match in the SEC? (W)
Bitcoin Spikes After G-20 Expresses No Desire for Crypto Oversight (B)

Cybersecurity
Orbitz Discloses Possible Data Breach Affecting 880,000 Payment Cards (W)
Facebook’s Lax Data Policies Led to Crisis (W)
Facebook faces FTC probe (FT)
Cambridge Analytica Suspends CEO After Video’s Release (W)

Offbeat
Two More Explosive Devices Rattle Texas After Austin Bombings (W)