wiar 03-27-19

Mary FanslauWhat I Am Reading

March 27 (Wednesday)

Markets
Dow Inc. to Replace DowDuPont in DJIA (W)
‘There’s no way’ we’re headed for recession—five experts on the bond market’s warning sign (C)

Central banks
Fed’s Daly: Changes in Labor Market Explain Some of Tepid Wage Gains (W)

US I
Recession Checklist Has More Than One Item, Curve Skeptics Say (B)
U.S. Consumer Confidence Declined in March (W)
Almost Half of Older Americans Have Zero in Retirement Savings (B)

US II
Home Building, New-Home Permits Have Softened This Year (W)
Want to sell your home? Hurry up and list it next week (C)
A Decade After the Housing Bust, the Exurbs Are Back (W)
The eviction crisis is starting to look a lot like the subprime mortgage crisis (MW)

US politics
Mueller Report to Be Public in ‘Weeks Not Months,’ Barr Says (W)
House Effort to Override Trump Veto on Emergency Comes Up Short (W)
Trump Administration Renews Attempt to Topple Affordable Care Act (W)
Green New Deal fizzles out in the Senate as Dems accuse GOP of putting on a ‘stunt’ vote (C)

Geopolitics & trade
U.S., China Trade Talks to Resume as Trump Vows ‘Excellent’ Deal (B)
Europe Embraces China’s Xi—Warily (W)
Iran Moves to Cement Its Influence in Syria (W)

Industries & companies
Airlines: The uncomfortable reason you’re seeing dirt cheap airfares right now (MW)
Aerospace: Southwest Boeing 737 Max makes emergency landing in Orlando; FAA cites engine issue unrelated to recent crashes (C)
FAANGs: Apple, Qualcomm Trade Blows in Patent Fight (W)
FAANGs: Apple Makes Values Pitch, but Will People Buy It? (W)
FAANGs: Apple Makes Friendly With Rivals’ Devices (W)
FAANGs: Apple’s move into banking raises the bar for fintech, traditional credit cards (C)
Financials: Citigroup Enters Banking’s Hottest Business With New Payments Unit (W)
Pharma: Purdue Pharma Begins Resolution of Opioid Cases With $270 Million Deal (W)

Corporate finance
Uber Targets Middle East With $3.1 Billion Deal, Its Largest Ever (W)
Lyft to Price Shares Above Target Range in Initial Offering (W)
Magical Thinking About Unicorn IPOs (W)

Cybersecurity
Insurers Creating a Consumer Ratings Service for Cybersecurity (W)

Offbeat
How Colin Kaepernick’s Lawyer Dealt With Nike and Became Entangled in Extortion Charges (W)
FTC Orders Broadband Providers to Explain Data Collection Policies (W)