wiar 03-28-18

Mary FanslauWhat I Am Reading

Mar 28 (Wednesday)

Markets
Technology Stocks Tumble Again in Sudden Afternoon Selloff (B)
FANG Stocks Tumble 6% in Unprecedented Selloff (B)
Treasuries Finally Give In to Tech Turmoil (B)

Central banks
Global Rate Rises Squeeze Borrowers, Threaten Expansion (W)
Bostic Says Fiscal Policy Is Creating More Uncertainty for Fed (W)

US
U.S. Consumer Confidence Declined in March (W)
Home Prices Continued to Rise in January (W)

Europe
Brussels to propose €56bn raid on ECB profits (FT)

China
China lets rich invest offshore as outflow fears ease (FT)

Trade
US tariffs look to torpedo China leadership hopes (FT)
U.S.-China Trade-War Crossfire Threatens Asia (W)

Geopolitics
Arrival of North Korean Train in Beijing Triggers Speculation (W)
Europe Struggles to Respond to Covert Russian Threats (W)

Industries & companies
Autos: Tesla Shares Plunge on Mounting Model 3 Doubts, Crash Probe (B)
FANGs: Zuckerberg Expected to Appear Before House Committee (B)
FANGs: Apple Unveils New iPad (N)
Industrials: GE Investors Can’t Count on Warren Buffett for a Quick Fix (B)
Tech: Oracle Wins Ruling Against Google in Multibillion-Dollar Copyright Case (W)

Corporate finance
Urge to Merge, Acquire Roils Real Estate Fund-Management Business (W)

Technology & cryptocurrency
Uber Will Let California Autonomous-Vehicle License Expire (B)
Fed’s Bostic Has a Message on Cryptocurrencies: ‘Don’t Do It’ (B)

Offbeat
Citigroup Limits Gun Sales (N)
Scientists Remove Alzheimer’s Brain Plaques in Mice