Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

Frontrunning: September 18

Courtesy of ZeroHedge. View original post here.

  • Caribbean Braces for Another Hurricane: Maria (WSJ)
  • Trump, Haley to share spotlight at U.N. gathering (Reuters)
  • UN ‘Club’ Trump Derided Forges Unexpected Alliance on Key Issues (BBG)
  • ‘We’ve Been Breached’: Inside the Equifax Hack (WSJ)
  • World stocks reach new peak as Fed-focused week begins (Reuters)
  • Korean peninsula draws range of military drills in show of force against North Korea (reuters)
  • North Korea says more sanctions will spur it to hasten nuclear plans (Reuters)
  • As ISIS Falters, Syrian Regime and U.S. Allies Maneuver for Advantage (WSJ)
  • Northrop Grumman to Buy Orbital ATK for $7.8 Billion (WSJ)
  • Saudis May Hike Domestic Gasoline Prices by 80% (BBG)
  • Why American Workers Pay Twice as Much in Taxes as Wealthy Investors (BBG)
  • Here’s How Tax Reform Could Squeeze the Middle Class (BBG)
  • Wall Street’s Trillion-Dollar Monopoly Has Repo Traders on Edge (BBG)
  • Filing ‘Chapter 22’ Entices Ailing Retailers (BBG)
  • Six Dreamers sue Trump administration over DACA decision (Reuters)
  • Texas Cities Struggle to House Thousands Displaced by Hurricane Harvey (WSJ)
  • More than 80 arrested as riot police break up St. Louis protest over officer's acquittal (Reuters)
  • Obama: From White House to Wall Street in Less Than One Year (BBG)
  • Audi takes lead in automated driving, but others wary to follow (Reuters)
  • Ray Dalio Says He’s Ready to Give Away Bridgewater’s Secrets (BBG)
  • Irma Stirs Fear of Setback to $16 Billion Everglades Restoration (BBG)
  • Hackers compromised free CCleaner software, Avast's Piriform says (Reuters)

Overnight Media Digest

WSJ

- China's online insurer ZhongAn Online Property & Casualty Insurance Ltd IPO-ZAOL.HK said it plans to raise up to $1.5 billion in an initial public offering that could value the company at around $10 billion. on.wsj.com/2xrLMAx

- Northrop Grumman Corp is nearing a deal to buy Orbital ATK Inc in a transaction that could be worth upward of $7.5 billion. on.wsj.com/2f3ziod

- The Qatari and British governments have signed an agreement for the potential sale of 24 Eurofighter Typhoon combat jets worth several billion dollars, boosting plane maker BAE Systems. on.wsj.com/2xr0VSt

- U.S. President Donald Trump's top economic adviser is expected to outline the administration's proposals to reduce greenhouse-gas emissions while restating that its stance on the Paris climate accord has not changed, White House officials said, following signals over the weekend that the United States was exploring ways to remain in the 2015 pact. on.wsj.com/2feyRem

- The White House reiterated its position that North Korean leader Kim Jong Un must give up his nuclear weapons, days after President Donald Trump hinted again at a military strike on the North. on.wsj.com/2fdLjLx

- Tropical Storm Maria became Hurricane Maria Sunday, and was expected to strengthen during the next two days, becoming a major hurricane by Monday night and threatening the British and U.S. Virgin Islands and Puerto Rico by midweek, the U.S. National Hurricane Center said. on.wsj.com/2fe6NId

- A Canadian union failed to reach an agreement on a new contract with General Motors Co and its members will strike, labor leaders said late Sunday. on.wsj.com/2fe4ZPm

FT

Qatar’s defence minister signed a letter of intent to buy 24 Typhoon jets from BAE Systems Plc, bringing a much-needed boost to the British defence group after lack of new orders for the fighter jet.

Autolus has taken a step towards developing UK’s first new wave “living medicine” cancer therapies as it launches clinical trials. The British start-up is looking to break into the field of “Car-T”, in which immune cells are extracted from patients, genetically engineered in the lab to fight cancer, and infused back into their bloodstream.

Accountancy firm PwC is under fire over potential conflicts of interest after advising Britain’s top water watchdog, Ofwat, on pricing while working for several water and sewage companies.

NYT

- U.S. President Donald Trump's legal team is debating on how much to cooperate with the special counsel looking into Russian election interference, leading to an angry confrontation last week between two White House lawyers. nyti.ms/2xaXhKi

- Wenner Media LLC is putting its controlling stake in the Rolling Stone magazine up for sale as it continues to shift from its print media business. nyti.ms/2hc73UW

- ProPublica and the New York Times found in an analysis that almost every Medicare prescription drug plan in the U.S. covered common opioids and very few required any prior approval. nyti.ms/2jDspPC

- Facebook and other tech companies are dealing with the consequences of the web not being as open as it once was, with nation-states exerting their power over the internet. nyti.ms/2wzL5Rx

- The Trump administration is considering closing the recently reopened U.S. Embassy in Havana after 21 Americans associated with the embassy experienced a host of unexplained health problems. nyti.ms/2f4pzxI

Britain

The Times

The chairman of BMW has warned "both sides would lose" if Britain and the European Union fail to strike a tariff-free deal for the automotive industry. In an interview with The Sunday Times, Harald Krüger said the German car giant was "flexible" on where it made its vehicles. (bit.ly/2fsOxYv)

Vitruvian Partners, the private equity firm, has asked advisers at Deloitte and Raymond James to find a buyer or new investor for Instinctif Partners, one of the largest financial public relations firms in the City of London. (bit.ly/2fttllc)

The AA Plc reneged on a promise to let Bob Mackenzie, its executive chairman, work part-time and instead piled on the pressure in a move that ultimately led to his dismissal, his legal team have alleged. (bit.ly/2ftoEHZ)

The Guardian

Ryanair Holdings Plc has tried to appease angry customers by publishing lists of all flights to be cancelled until Wednesday, after 82 failed to take off on Sunday, with the airline admitting it had mismanaged the planning of pilot holidays. (bit.ly/2fswaCS)

EU leaders have agreed to make "swift" progress on raising the tax bills for digital giants such as Alphabet Inc unit Google Inc and Facebook Inc, despite warnings from smaller states that unilateral action could drive business away from Europe. (bit.ly/2ftn5K4)

The Telegraph

Plans for a new 500 million-pound private London hospital have been halted amid a slowdown in health tourism and spiralling property prices. Spire Healthcare Group Plc has put plans to take on arch hospital rivals HCA and Bupa on their home turf with a new medical facility in the heart of the capital on hold after hitting a rough patch. (bit.ly/2ftaRAY)

British firms are a third more likely to come under pressure than their European counterparts, according to the latest "activist alert" report from consultant Alvarez & Marsal. (bit.ly/2ftspgy)

Sky News

Blackstone Group LP is‎ close to aborting an auction of St Katharine Docks, a marina complex close to Tower Bridge, after bidders baulked at the 435 million pound asking price. (bit.ly/2ftzU77)


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!