wiar 09-26-18

Mary FanslauWhat I Am Reading

September 26 (Wednesday)

Markets
Opinion: Fasten your seat belt: October is almost here (MW)
Oil Continues to Soar on Supply Concerns (W)

Central banks
Let’s look ahead to the Fed’s December meeting (NYP)

US
U.S. Consumer Confidence Hits Highest Level Since 2000 (W)
Home-Price Gains Decelerated in July (W)

US politics
Trump Blasts Democrats Over Kavanaugh Turmoil (W)
Trump attacks second Kavanaugh accuser: She ‘has nothing’ and ‘admits that she was drunk’ (C)

Geopolitics & trade
Trump Faces Laughter at UN, Then Unleashes Global Grievance List (B)
Macron Denounces Rise of Nationalism as Crisis For World Order (W)
Trade Deal Could Move Ahead Without Canada, U.S. Official Says (W)
Why Canada Won’t Budge on Trade (N)
Trump’s $250 billion in China tariffs are now in effect—here’s what could get more expensive (C)

Industries & companies
Autos: BMW Cuts Outlook, Blames Trade Issues, Emissions Costs (W)
FANGs: Amazon makes first investment in a homebuilder, backing start-up focused on prefabricated houses (C)
FANGs: Instagram Co-Founders to Leave Facebook (W)
FANGs: Qualcomm Accuses Apple of Funneling Secrets to Rival Intel (W)
Restaurants: Dunkin’ to Drop ‘Donuts’ From Brand’s Name (W)
Retail: Shoppers Love Rewards Credit Cards. Retailers Hate Them. (W)
Wireless: Verizon Launches Early-Retirement Program (W)

Corporate finance
Arby’s Parent to Buy Sonic for $2.3 Billion (W)
SoftBank Leads $1 Billion Investment in Indian Hotel-Booking Startup (W)
SurveyMonkey aims to price IPO above $9 to $11 range because of strong demand: Sources (C)
Meet the banks that are leading the flourishing deal market for pot stocks (C)

Technology
Parted Your Hair A Different Way? Your Device Might Not Unlock (W)

Offbeat
This 60-year-old with an MBA now brings in millions selling cannabis candies (C)
Do You Know Cobol? If So, There Might Be a Job for You. (W)
IRS Is Wrongly Denying Tax Refunds, Some Companies Say (W)