wiar 07-24-20

MFwebsite2020researchWhat I Am Reading

Jul 24 (Friday)

YRI
Morning Briefing PDF
Daily Markets

Markets
Stock market today: Stocks fall to session low, with Dow dropping 250 points as tech falters | C
The U.S. Dollar’s Overwhelming Role in a Crisis | W

Central banks
Romney Says He Will Oppose Shelton’s Fed Board Confirmation | B

US
US Economy Recovery Stalling in Covid Recession, Could Get Worse | B
The economy is in deep trouble again. Coronavirus is to blame | NN
Rise in Weekly Unemployment Claims Points to Faltering Jobs Recovery | W
400,000 Jobs Lost at Airlines During Coronavirus Pandemic | B
Coronavirus: Why housing prices are rising during the pandemic

China
‘They’d Find Fraud, Fraud, Fraud.’ | II
China Blasts Off on Its Long March to Look for Life on Mars | W

US policies & politics
Senate GOP to unveil coronavirus relief plan next week, Mitch McConnell says | C
That Extra $600 Weekly Unemployment Check Could Soon Become Less Generous | N
Federal agents’ use of force at protests faces internal U.S. government probes | R
Trump cancels parts of GOP convention set for Jacksonville, Florida, citing coronavirus | C

Geopolitics & trade
Trump Says China Trade Deal Means ‘Much Less to Me’ After Virus | B
U.S. Says Jet Fighter Came Close to Iranian Passenger Plane Over Syria | W

Industries & companies
Airlines: Southwest and American Trim More Flying | W
Autos: Tesla Prepares for Hiring Boom as Elon Musk Targets Manufacturing Expansion | W
Consumer: Unilever Capitalizes on Coronavirus Cleaning Boom | W
FAANGs: Amazon Met With Startups About Investing, Then Launched Competing Products | W
Healthcare: Walmart to open six health clinics in Atlanta area by end of 2020 | C
Materials: Aluminum Mills, Can Makers at Odds Over Tariff Exemptions | W
Media: NBC’s ‘The Blacklist’ turned to animation to finish its seventh season | C
Media: Disney delays ‘Mulan’ indefinitely, Star Wars and Avatar movies pushed back a year | C
Retail: Ann Taylor Owner Files for Bankruptcy, Plans to Close Up to 1,600 Stores | W
Social media: Twitter Adds More Users, but Revenue and Profit Fall | W
Tech: Intel Reports Profit Surge But Warns of Further Delays on Advanced Chips | W
Wireless: AT&T Profit Sags Under Pressure From Satellite TV, Covid-19 | W

Virus
U.S. Coronavirus Cases Surpass Four Million | W
Vietnam: Zero coronavirus deaths | C
Coronavirus face masks: Home-made coverings likely need multiple layers to prevent spread | C
Coronavirus pandemic: Updates from around the world | NN

Corporate finance
Mall owner Simon and Authentic Brands bid $305 million for Brooks Brothers | C

Technology
EV Maker Via Motors Is Said to Seek Funding at $1 Billion Value | B

Cybersecurity
Exclusive: More than 1,000 people at Twitter had ability to aid hack of accounts | R