wiar 10-02-19

Mary FanslauWhat I Am Reading

October 02 (Wednesday)

Markets
Wall Street tumbles as factory activity hits 10-year low (R)
U.S. Government Bonds Jump After Weak Manufacturing Data (W)
King dollar reigns supreme as U.S. outshines the euro area (R)

Central banks
Trump targets ‘pathetic’ Federal Reserve after worst manufacturing reading in a decade (C)
Fed’s Evans: U.S. Still on Path for ‘Solid’ 2.25% GDP This Year (W)

US
U.S. Economy’s Slowdown Spurs Concern It’s Nearing Stall Speed (B)
U.S. manufacturing dives to 10-year low as trade tensions weigh (R)

Europe
Boris Johnson to Make His ‘Final’ Brexit Offer: My Deal or No Deal (B)

US politics
Trump Impeachment Defense Complicated by Tense Giuliani-Barr Relationship (W)
Pompeo pushes back on House impeachment inquiry (R)
Silicon Valley donors starting to back Elizabeth Warren despite her pledge to break up Big Tech (C)
‘Fear’ of a President Warren Is Hurting For-Profit Education Stocks, Analysts Say (B)
Trump, RNC blow away top Dems with $125 million fundraising haul in the third quarter (C)
Kamala Harris campaign raises $11.6 million in the third quarter (C)

Geopolitics & trade
Hong Kong Protester Shot by Police Amid Widespread Violence (W)
Hong Kong Protests Bring More Pain as Chinese Shoppers Stay Away (B)
U.S. and North Korea to Resume Nuclear Talks, Pyongyang Says (W)

Industries & companies
FAANGs: Amazon’s Grocery-Store Plan Advances With Los Angeles Leases (W)
FAANGs: Facebook Scrambles to Keep Libra on Track as Partners Waver (W)
FAANGs: Leaked Facebook audio is a sign of decreased morale, former employees say (C)
Media: FCC Rollback of Net Neutrality Rules Partly Upheld by Appeals Court (W)
Tech: Uber and Lyft close at record lows as investor skepticism grows around recent IPOs (C)

Corporate finance
WeWork property defaults may be next after failed IPO, says mega-developer Don Peebles (C)
Ford Retrenches With a Joint Venture in India (W)
U.S. Steel to Buy Stake in Lower-Cost Competitor (W)