Early Global News

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Early Global News: Friday April 19th, 2019

Early Global News

Friday April 19th, 2019


U.S. housing starts approach two-year low; permits weak  “Housing starts fell 0.3 percent to a seasonally adjusted annual rate of 1.139 million units last month, the lowest level since May 2017. Data for February was revised down to show homebuilding tumbling to a pace of 1.142 million units instead of the previously reported 1.162 million-unit rate.”  Reuters

Venezuela’s Guaido calls for ‘largest march in history’ to oust Maduro  Reuters

House Judiciary Committee issues subpoena for full Mueller report  Reuters

Trump spoke with Abu Dhabi crown prince on Thursday: White House  Reuters

Trump approval drops 3 points to 2019 low after release of Mueller report: Reuters/Ipsos poll  Reuters

Fox’s Napolitano: Mueller report ‘might be enough to prosecute’ Trump  The Hill


MU  NAND flash price falls to slow  Digitimes

QCOM  Qualcomm’s joint venture with Chinese province to shut down  The Information

BABA  Ant Financial to spend RMB 3 billion to promote face-scanning payment device  TechNode

Robinhood seeks regulatory approval to create a national bank  Business Journals

NTDOY TCEHY  Nintendo shares jump 17 percent after Tencent wins key China Switch sales approval  Reuters

DE  John Deere aiming to crack crime with new PIN system  Irish Independent

WFC  Wells Fargo accused of misleading homeowners in mortgage crisis aftermath  NY Post

Opinion  JMIA  Jumia’s successful billion-dollar IPO is a landmark—but it won’t gloss over lingering operational issues  Quartz

RYB  Capital will make room to enroll more kindergartners  China  Ecns.cn

PYPL  Venmo’s Latest Effort to Turn a Profit: Credit Cards  “Digital payments company goes old-school in attempt to squeeze more revenue from large but not lucrative user base”  WSJ

TRI  Rosneft Threatens to Ban Reuters in Russia Over Venezuela Report  (Moscow Times)

PYPL  PayPal receives patent for ransomware detection technology  ZDNet

AVA  Montage Partners Announces Acquisition Of METALfx  Press Release

MRCY  Mercury Systems Announces Acquisitions of The Athena Group and Syntonic Microwave  Press Release

DE Shaw to revert to ‘3 and 30’ model as costs bite  Financial Times

NVDA  Taiwan, Nvidia team up to develop autonomous driving ecosystem  Digitimes

GRMN  Garmin to launch MARQ smartwatches in Taiwan  Digitimes

NMR  Nomura CEO sets sights on China’s rich with new brokerage  “Group to slash overseas bond trading as it shifts to customer-centered services”  Nikkei

Stake Changes

BBY  Best Buy Co Inc Chairman & CEO Hubert Joly Sold $12.7 million of Shares  SEC Filing

JD  JD Digits Invests In Chinese Big Data Service Provider Smart Steps  China Money Network

ATR  Aptar Announces New $350 Million Share Repurchase Authorization and Raises Quarterly Dividend  Press Release

NMR  Despite headwind, Japan’s Nomura says intent on going it alone  Reuters

Linger  GS  Warburg Pincus Leads $140M Series D Round In Chinese K12 Education Platform  China Money Network

Earnings Finance

SEC fines Prosper Funding $3 million for overstating net returns to investors  Reuters

BCS  Shareholder adviser ISS backs Barclays in Bramson battle  Financial Times

WeWork is replacing its chief operating officer to focus more on overseas growth  “A lot is riding on a new London-based COO to help justify the company’s $45 billion valuation.”  re/code

Pharmaceuticals Healthcare

(BGNE)  China to list more cancer drugs for medical insurance coverage  Xinhua

TEVA  FDA approves Teva’s generic nasal spray to treat opioid overdose  Reuters

Stress disorders tied to increased heart disease risk  Reuters

Two-wave U.S. flu season is now the longest in a decade  Stat

EYES  Second Sight is looking for an Office and Operations Intern in NYC  Fashionista

Linger  [FE LLY  Pharmalittle: A Pfizer and Lilly painkiller misses study goals; LA County joins statewide effort to lower drug prices  Stat

Linger  GSK  A pivotal test of an experimental malaria vaccine set to begin  Stat

Entertainment Games

SIRI  SiriusXM launches new ‘essential’ streaming plan for only $8  The Verge

LYV  Chris Brown and Nicki Minaj to Tour Together This Fall  Variety

BIDU  Baidu reportedly seeks to revive music business with a music app, talent shows  TechNode

NTES  NetEase Cloud Music partners with Nippon Columbia, targets high-end users  TechNode

TTWO  Take-Two Boss Gets Big Bonuses If The Company Sells Enough Microtransactions and DLC  Kotaku

FOXA  Justin Bieber calls for sacking of ‘disrespectful’ Fox News host  Sky News

T  NFL accuses AT&T of pulling channels from streaming without heads up  NY Post

NFLX  Netflix experiments with a random play button  Engadget

Military Surveillance

BA  The Boeing Co. has been awarded a not-to-exceed $605,000,000 firm-fixed-price modification  DOD

FBI’s use of facial recognition software is under fire AGAIN  Daily Mail

A public database exposed medical records of 150,000 rehab patients  Engadget

NOC  Northrop Grumman expanding in Plymouth at former ATK facility  Business Journals

GD  General Dynamics Electric Boat is awarded a $269,264,180 cost-plus-fixed-fee modification  DOD

Blockchain Bitcoin

FinCEN Issues First-Ever Civil Penalty Against Bitcoin Exchange  Bitcoin Magazine

Stop cryptocurrency ‘mining’ for public good  China Daily

Ant Financial Backs Chinese Cybersecurity Solution Provider Seclover In Series B Round  China Money Network

How CSG plans to take blockchain mainstream for telecom payments  Business Journals

For Some Legal Weed Businesses, Cryptocurrency Actually Makes Sense  Motherboard

Gibraltar Blockchain Exchange Appoints New CEO  Bitcoin Magazine

Adamant Capital: BTC Price Bottom Is Likely In, Accumulation Phase Has Begun  Bitcoin Magazine

Belarus Could Get a Nuclear-Powered Bitcoin Mining Center  Bitcoin Magazine

Drones Robots

Boston Dynamics debuts the production version of SpotMini  TechCrunch

Denmark to deploy drones to detect shipping sulphur emission levels  Drone DJ

NASA is building an inflatable space robot named King Louie  Digital Trends

Russia’s robot news anchor gives human TV presenters hope  Digital Trends

Robots will soon be baking our bread, brewing our lattes, and making our salads  Digital Trends

Social Media

GOOGL  YouTube gives Premium subscribers free Super Chat credits  Mashable

EWQ  Security flaw in French government messaging app exposed confidential conversations  TechCrunch

GOOGL  Google will block embedded browser log-ins to fight phishing  Engadget

Indonesian social media users pay tribute to ‘martyrs of democracy’  South China Morning Post

TCEHY  Chinese actresses jailed for selling fake diet pills on social media  “Zhao Dan and Guo Jing sold the traditional Chinese medicine capsules on WeChat and used couriers to send them to buyers across the country”  South China Morning Post

SNAP  How Snapchat is selling ads after its partner summit  Digiday

FB  If you value your privacy, switch to Signal as your messaging app now  Fast Company


FTC considering oversight of Facebook’s Zuckerberg  Boston

Facebook AI turns real people into controllable game characters  Engadget

Instagram test visualizes hiding ‘Like’ counts from viewers  Engadget

Facebook launch video captions have issues: “Core pressures Asian looks good”  Ars Technica

Opinion  Facebook voice assistant is a joke, it can barely protect its users  Slashgear

Linger  Facebook’s latest blunders affected contacts and passwords for millions of users  TechRadar

Travel Hotel

BA LUV  Southwest has ‘no plans’ to alter orders for hundreds more Boeing 737 Max aircraft  Business Journals

LUV HA  Southwest CEO says more Hawaii service in part depends on ‘when the Max returns’  Business Journals

Customs officer stole cash from more than 100 bags of travellers passing through New York’s JFK Airport, feds say  South China Morning Post

BA RYAAY  Ryanair to require extra simulator training for Boeing 737 MAX pilots  Marketwatch

CTRP  Extended May Day holiday to see ‘tourism craze’: Ctrip  “China’s extended May Day holiday this year will see another “tourism craze” with an estimated total of 160 million trips, the country’s biggest online travel agency Ctrip said Thursday.”  Xinhua

Linger  DAL LUV  Southwest CEO calls Delta ‘squatters’ at Dallas Love Field  Business Journals

Linger  CCL RCL  Port Tampa Bay on track with cruise passenger, cargo growth  Business Journals


TSLA  Tesla to Shrink Board  “Three of Elon Musk’s longtime allies plan to step down”  WSJ

TSLA  Tesla Gigafactory 3 video update: structure is growing at dangerously fast pace  Electrek

SFTBY GOOGL TSLA  Uber’s self-driving unit gets its own CEO and a $1 billion investment  Engadget

HYMTF  Hyundai hires former Ghosn ally Munoz as global COO, Americas head  Reuters

FCAU  Fiat Chrysler recalls 320,000 Dart cars that could roll away  Reuters

NSANY  Nissan slams output cut report as ‘completely incorrect’  Reuters

Elon Musk’s Boring Company East Coast Loop is moving closer to a greenlight, opens to public comments  Electrek

LYFT  Lyft’s Messy IPO Gets More Complicated Thanks to Two Investor Class-Action Lawsuits  Gizmodo

New York uses Clean Air Act settlement money to fund electric delivery trucks for nonprofits  Electrek

HYMTF  This little electric car is the coolest thing at the NY Auto Show  Ars Technica

Elon Musk’s Boring Company scales down its East Coast ambitions  The Verge

GM  GM files ‘Bolt EUV’ trademark – hinting at new electric car  Electrek

TSLA  Tesla spotted filming self-driving demo ahead of autonomy/Tesla Network event  Electrek

(VLKAY PCRFY SQM ALB LTHM)  Audi’s first electric car reportedly delayed again because of a battery shortage  The Verge

Opinion  TSLA  Tesla falls behind in autonomous driving leaderboard, but still most trusted by consumers  Electrek

Futurelook  Return of the bench seat: Concept EVs show space big enough for sofas  Reuters


TGT  Target Recalls Nearly 500,000 Toys  Fortune

AMZN  Amazon is now making its delivery drivers take selfies  The Verge

PUMSY  Puma is looking for volunteers to test its self-lacing sports shoe  Digital Trends

A giant new investment will make StockX the first billion-dollar sneaker reseller  re/code

MO  The next e-cig battle: Should there be ads for vaping products?  Politico

Linger  AMZN  How BarkBox beat Amazon at its own game  Digiday


BlackBerry Messenger is shutting down in May  Engadget

Apple’s Hiring is on the Rise for their Upcoming Apple TV+ Facility in Culver City, California  Patently Apple

The world’s first 5G hotel  China  Global Times

People are saying Foxconn’s CEO just leaked the iPhone 11  Boy Genius Report

Lionsgate’s former executive Danielle DePalma to oversee Apple’s film and TV series marketing  iDownloadblog

Opinion  Apple’s 5G move to spark Asian investment ‘boom’  “Next iPhone launch will drive spending on network infrastructure, say Huawei and others”  Nikkei

Energy Commodities

U.S. refiners planning major plant overhauls in second quarter  Reuters

BP  BP, SOCAR sign deal to invest in new Azeri oil exploration platform  Reuters

China to promote using wind energy to power heating  Reuters

JKS  Jinko, GCL-Poly, LONGi to expand capacities  Digitimes


China’s top steelmaking city Tangshan issues second-level smog alert from April 20  Reuters

FCX  Shanghai copper slips in thin trade, clocks weekly rise  Reuters

Nornickel: New center for mine’s operational planning in Norilsk is due in summer 2019  TASS

Low Volatility Is Not Sustainable And Should Support Higher Gold Prices – Bloomberg Intelligence  Bloomberg

Opinion  Gold: The Ultimate Tool For Wealth Preservation, According To Best-Selling Author  Kitco


EWG  Germans switch to stock market in search of returns  Financial Times

EWI EUO  Italy’s League threatening to bring down government: 5-Star leader  Reuters


China’s Dagong rating agency taken over by state-owned investor  Financial Times

China Minsheng Investment embroiled in $800m of cross-defaults  Financial Times

China’s civil service: low pay, long hours and 1 million people want in  South China Morning Post

Western AI researchers worked with China surveillance firms  Financial Times

China’s economic growth unable to boost employment as job market drops to six-year low, says think tank  South China Morning Post


EWT  Five overseas Taiwanese firms pledge NT$15.4 billion investment  Focus Taiwan

EWT  More strong earthquakes in Taiwan this year than usual: CWB  Focus Taiwan

EWT  Taiwan shares close up 0.06%  Focus Taiwan

INDA  Indians’ Outlook on Economy Dims Ahead of Vote  Gallup

EWJ NTDOY  Nikkei posts 3rd weekly gain, Nintendo surges 14 pct  Reuters

INDA  Business sentiments down by 7.7% in second quarter compared to last year: D&B report  “Dun & Bradstreet Composite Business Optimism Index stands at Index stands at 78.4 during Q2 2019 as against 85.0 during Q2 2018 marking a 7.7% decline as per the report.”  Economic Times of India

EWY  S. Korea says exports likely to improve in 2nd half  Korean Herald

EWJ  Donald Trump to visit to Japan to meet nation’s new emperor  NY Post

Unification minister says N. Korea will respond to Moon’s summit offer  Korean Herald


Venezuela congress to weigh 2020 PDVSA bond payment next week  Reuters

EWZ  Brazil’s Bolsonaro no longer against sale of postal service: source  Reuters

EWZ  Brazil’s Itaú sees card processor unit profitable after no-charge move  Reuters

Food, medicine shortages hit Cuba, raising fears of new economic crisis  NY Post

Russia Ukraine

Kremlin says Mueller report shows no evidence of Russian meddling  Reuters

Russia: U.S. is brazenly meddling in Nord Stream 2 gas project  Reuters

No plans to resume Russian-US consultations due to Washington’s stance, says Moscow  TASS

Venezuela makes debt payment to Russia, says finance minister  TASS

Mir Card Payment System Looks Beyond Russia  Moscow Times

Russia, U.S. Cannot Support a UN Call for Libya Truce, Diplomats Say  Moscow Times

Middle East

Qatar’s sovereign fund joins Crown Acquisitions to buy NY properties  Reuters

TUR  Turkey pins hopes on Trump to avoid sanctions over Russia missile deal  Reuters

IDF attacks Hamas military posts in Gaza  Jerusalem Post

TUR  Turkey arrests suspected spies for UAE, investigating Khashoggi link  Reuters

U.S. Mideast plan will not include land transfer from Egypt’s Sinai: envoy  Reuters

Isis Terror

EIRL EWU  ‘New IRA’ blamed for journalist’s killing in Londonderry  Financial Times

Pakistan’s new interior minister is an Al Qaeda associate  DEBKAfile

ISIS resurgence reportedly gains momentum in Syria and Iraq  NY Post

White House says Trump spoke to Libyan commander Haftar on Monday  Reuters

Climate Change

After a $14-Billion Upgrade, New Orleans’ Levees Are Sinking  Slashdot

Scientists discover millions of previously hidden SoCal earthquakes  Slashgear

Climate change protesters descend on France’s SocGen, energy companies  Reuters

Emma Thompson, weeping teenagers join peaceful climate protest in London  Reuters

SBUX  Starbucks Promised a Recyclable Drink Lid. Don’t Believe the Hype.  The Intercept

Cancer-causing chemical found in water where California wildfires occurred  NY Post

IMF gives Mozambique $118 million for Cyclone Idai rebuilding  Reuters

Second wave of twisters in U.S. South turns deadly as storm pushes east  Reuters

Medical Marijuana

Cannabis CEOs bet on US pot legalisation within a year  Financial Times

Survey Finds 55 Percent of Louisiana Residents Support Legalizing Recreational Weed  High Times

Mass. marijuana shops prep for first high holiday with recreational sales  Business Journals

Should firms that finance the pot industry really be drug-testing employees?  Quartz

Coast Guard Unloads 7 Tons of Seized Pot in Florida  High Times

Hemp companies are raising capital at a fast clip and cannabis retailers can expect 4/20 sales spike  Marketwatch

MMNFF  MedMen Announces Executive Management Update  Press Release

Brands roll with stoner 4/20 “holiday” as pot legalization grows  The Cannabist

Contestants Hide Their ‘Paranoia’ in New CollegeHumor Game Show for Stoners  Leafly

Homeland Security Says Cannabis Users Lack ‘Good Moral Character’  Leafly

Linger  Congress Is Weighing New Banking Laws That Could Light Up the Pot Business  Fortune


Higher state minimum wage tied to lower suicide rates  Reuters

Cuba travel restrictions may hammer Florida companies doing business there  Business Journals

Q1 GDP Forecasts: Around 2%  Calculated Risk


Romney ‘sickened’ by White House ‘dishonesty’  Boston

Pelosi declines to comment on possibility of Trump impeachment  Reuters

Trump blames Obama for ‘anything the Russians did’ in 2016 election  The Hill

Donald Trump told Robert Mueller 37 TIMES he did not recall key events  Daily Mail

Democrats make legal bid for all Russia probe evidence, Trump calls Mueller report ‘crazy’  Reuters

Armed Militia Rounding Up Migrants At Southern Border  Zero Hedge

Top Democrats in Congress reject Barr’s proposal to limit Mueller report access  Reuters

Trump lawyers reviewed Mueller report for 10 hours before it was made public  Reuters

Biden to announce U.S. presidential run on Wednesday: report  Reuters

Supreme Court girds for fight over Trump census citizenship question  Reuters

Trump called his lawyer a “lying bastard” after he refused to lie for him  Quartz


Mueller Report Release Draws 11 Million Total Viewers Across TV News  Variety

Five Companies Represent 35% Of All The S&P 500’s Value Creation Over The Last 5 Years  Zero Hedge

Bill Ackman thanks Warren Buffett for Pershing Square’s turnaround  Yahoo


How underlings sought to capitalise on Trump’s rise  Financial Times

NMR  Nomura boss says bank has ‘no choice’ but to change  Financial Times

FXCNY  Foxconn says it remains committed to Wisconsin investment project  Reuters

FWB: SPR  Inside Axel Springer’s war with AdBlock Plus  Digiday

Mueller Hints at a National-Security Nightmare  NY Times

Mueller report illustrates a combustible presidency — and an inner circle gripped by fear of Trump’s spasms  Washington Post

What the Mueller Report Didn’t Say About Felix Sater and the Trump Tower in Moscow  The Intercept

Opinion  A ‘tired’ stock market is a reason for caution, says chart watcher  Marketwatch


‘Non-transparent’ ETFs set to be a boon for fund managers  Financial Times

Ready for 6G? How AI will shape the network of the future  MIT Technology News

LVS WYNN  Japan’s trying to fight gambling addiction ahead of casinos’ expected arrival  South China Morning Post

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