Jul 21 (Tuesday)
YRI
Morning Briefing PDF
Daily Markets
Markets
U.S. Stocks Rise as Investors Weigh Vaccine Hopes, Recovery | W
Nasdaq jumps more than 2% led by Amazon, S&P 500 goes positive for 2020 | C
Central banks
Bernanke and Yellen say the Fed needs to find out why the market broke down in March | C
Trump Nominee Judy Shelton’s Imperiled Nomination to the Fed
US
When the U.S. sneezes, the world catches a cold. What happens when it has severe COVID-19? | R
Winning Streak of Big Cities Fades With 2020 Crises | W
Wall Street Firms Consider Moving Jobs Out of NYC, Study Says | B
Europe
EU Edges Toward Massive Stimulus Package With New Proposal | B
EU eyes cuts to green transition fund in late bid to strike recovery deal | R
China
China Snuffs Out Beijing Coronavirus Cluster, Wages War on Another | W
US policies & politics I
Who Will Win 2020 Election? First Votes Cast in Six Weeks | B
Democratic sweep could spark a surprise rally with a unified approach to Covid-19, Bank of America says | C
Democrats say Congress appears to be target of foreign interference | C
Wealthy may get up to $40 billion in tax breaks if Obamacare is overturned | C
US policies & politics II
Coronavirus stimulus: Congress tries to pass pandemic relief bill | C
Republicans Put Schools, Jobs at Top of Coronavirus Priorities | W
Will there be a second $1,200 stimulus check? Here’s what we know | C
Corporations Seek Tax-Credit Cash-Out in Next Coronavirus Relief Plan | W
Misleading PPP coverage could cost people their jobs
Trump administration preparing to send federal agents to Chicago | NN
Industries & companies
Airlines: Nearly 17,000 Southwest employees sign up for buyouts, voluntary leave as furlough threat looms | C
Autos: Tesla Is a Hit in China but That Doesn’t Mean Chinese EV Stocks Are a Buy | W
FAANGs: Apple just saved $14 billion in tax — but can the tax system be saved? | TheHill
Media: Covid Rewrites the Disney Playbook | W
Retail: Back-to-School Shopping Is Off to a Rough Start | W
Tech: IBM Earnings Falter as Coronavirus Accelerates Turnaround Push | W
Geopolitics & trade
China May Retaliate Against Nokia and Ericsson If EU Countries Move to Ban Huawei | W
Virus I
Trump says coronavirus masks are ‘patriotic’ after months of largely resisting wearing one | C
Coronavirus: Trump says he will resume holding White House briefings | C
Coronavirus Vaccine Data Raises Hope for Trio of Candidates | W
Investors cheer as two coronavirus vaccine candidates report T-cell responses, but findings are still early stage | MW
Coronavirus vaccine from Oxford, AstraZeneca shows positive response in early trial | C
New Treatment for Covid-19 Shows Promise, but Scientists Urge Caution | N
Virus II
US coronavirus: Some states keep smashing Covid-19 records | NN
More than half of U.S. states have statewide mask mandates | C
How Europe Kept Coronavirus Cases Low Even After Reopening | W
Teachers union sues Florida to halt in-class school reopening amid pandemic | R
As pandemic flares, Chicago bans indoor bars and facials; Florida cases soar | R
‘If It’s Here, It’s Here’: America’s Retirees Confront Coronavirus in Florida | N
Corporate finance
Chevron Agrees to $5 Billion Takeover of Noble Energy | W
Caesars and Eldorado Close $8.58 Billion Merger | W
Jack Ma’s Ant Group Plans Dual IPOs in Shanghai, Hong Kong, Bypassing New York | W
SoftBank Pulls $700 Million From Credit Suisse Fund | W
Walmart Revives Plan to Sell Stake in Asda | W
Cybersecurity
Twitter Hack Revives Concerns Over Its Data Security | W
