wiar 03-05-19

Mary FanslauWhat I Am Reading

March 05 (Tuesday)

Markets
Stocks Fall as Investors Pause on Trade Developments (W)
China trade deal looking more and more like a ‘sell the news’ opportunity for stock investors (C)
Asian shares retreat, China cuts growth target (R)
Oil dips amid weak demand growth, but OPEC-led supply cuts support (R)
Dollar hovers near two-week high as euro flags ahead of ECB meeting (R)
Euro Could Plunge to $1.05 If Chinese Gloom Grows (B)

US
Evidence Grows That Trump’s Trade Wars Are Hitting U.S. Economy (B)
U.S. construction spending falls, fourth quarter GDP seen revised lower (R)
U.S. Treasury says taking extraordinary measures to avoid debt ceiling (R)
High-Speed Rail in the U.S. Remains Elusive: Illinois Shows Why (W)

China
China Expects 2019 Economic Growth of 6% to 6.5% (W)
Chinese premier: ‘We must be fully prepared for a tough struggle’ (C)

US politics
House panel opens broad Trump obstruction probe (R)
Attorney General William Barr will not recuse himself from overseeing special counsel Robert Mueller’s probe (C)
Senate Will Block Trump’s Border-Wall Plan, McConnell Says (W)

Geopolitics & trade
U.S. and China Near Deal That Could End Most U.S. Tariffs (B)
Huawei says it would never hand data to China’s government. Experts say it wouldn’t have a choice (C)
U.S. Push on Food Trade Pressures EU (W)
Trump plans to end India’s preferential trade treatment (R)

Industries & companies
Autos: Tesla’s onslaught of announcements is raising red flags about demand for its cars (C)
Materials: After an Auditor Flunked Brazil Dam, Vale Found Another Who Passed It (W)
Tech: Salesforce co-CEO Benioff says $30 billion in revenue is ‘right around the corner’ (C)

Corporate finance
Purdue Pharma Prepares Possible Bankruptcy Filing (W)
AT&T Overhaul Breaks Up Turner, Bulks Up Warner (W)
Disney Cuts Compensation for Iger in Fox Deal (W)

Cybersecurity
Facebook Sues Chinese Companies for Creating Fake Accounts (W)

Offbeat
London Man May Be Cured of HIV After Stem-Cell Transplant, Researchers Say (W)