wiar 04-10-19

Mary FanslauWhat I Am Reading

April 10 (Wednesday)

Wall Street drops on U.S. trade tensions with EU, IMF global outlook (R)
Chipmakers’ lousy first quarter earnings could threaten sector’s strong stock market gains (C)

Central banks
Chuck Schumer says Stephen Moore, Herman Cain would not be good fit for Fed’s mission (C)
ECB picks board member Mersch for key bank supervisory role (R)

IMF Cuts 2019 Global Growth Outlook (W)

U.S. job openings hit 11-month low; quits rate stagnates (R)
House Flipping Is Back to Pre-Crisis Levels. Here’s Why It’s Less of a Concern. (W)

Italy Warns of Bigger Budget Deficit (W)

US politics
Barr Says Release of Mueller Report Can Come Within a Week (W)
‘You Are Ordering Me to Stay’: Mnuchin and Waters Clash at Hearing (B)

Geopolitics & trade
In new attack, Trump threatens more tariffs against European Union (R)
Canada looks at fresh tariffs on U.S. goods, silent on details revealed by envoy (R)
The US could be locked in a ‘Forever Trade War’ that no one sees coming (C)
U.S. Goes on the Offensive Against China’s Empire-Building Megaplan (W)
Israel’s election too close to call as both sides claim victory (C)

Industries & companies
Aerospace: Orders for Boeing’s 737 Jet Drop After Crashes (W)
Financials: Bank of America is raising its minimum wage for employees to $20 an hour (C)
Financials: Languishing Wells Fargo Struggles to Boost Its Businesses (W)
Utilities: PG&E Among Utilities Cited for Failing to Protect Against Attacks (W)

Corporate finance
Saudi Aramco Raises $12 Billion in Debut Bond Sale (W)
Wynn Resorts Ends Merger Talks After Early Disclosure (W)

Walmart Rolls Out the Robots (W)
Space Is Poised for Explosive Growth. Let’s Get It Right. (W)

New York declares measles emergency, blasts misinformation fueling outbreak (R)
NYC Orders Mandatory Measles Vaccinations in Parts of Brooklyn (W)
U.S. charges 24 in telemedicine healthcare fraud causing $1.2 billion losses (R)