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| What's News |
| Good Morning Here's what we're watching as the U.S. business day gets under way: | | |
| Investigation into Boeing crash suggests anti-stall system activated. Officials investigating the Ethiopian crash believe a flight-control feature automatically activated before the plane nose-dived into the ground, the first findings based on data retrieved from the flight's black boxes. | | |
| Lyft is set to launch its IPO. The ride-hailing underdog whose survival was once in doubt priced its initial public offerings at $72 a share in what could be one of the hottest IPOs of the year. Lyft was subject to a series of aggressive tactics by rival Uber, which tried to corner the capital markets and make it difficult for competitors to land cash to fuel their growth. | |
| Embattled Wells Fargo CEO exits. Tim Sloan stepped down yesterday, ending a 31-year career at the bank and a 2½-year slog to get it back on solid footing after a fake-account scandal badly damaged its reputation. The change atop Wells Fargo could signal a reset of the bank's plans to put its problems behind it. | |
| Partisan fight over the Barr memo escalates. House Speaker Nancy Pelosi pushed for the speedy release of Robert Mueller's report, calling Attorney General William Barr's summary condescending and arrogant. Republicans, meanwhile, called on the Democratic chairman of the House Intelligence Committee, which is conducting its own investigation, to resign. | |
| On the day U.K. was set to leave the EU, it remains stuck in the Brexit maze. In the just over 1,000 days since the June 2016 referendum, Brexit has torn the fabric of Britain's robust political system and continues to divide the country, Parliament and both main political parties. | | |
| Huawei shakes off U.S. offensive, posts strong results. The Chinese technology giant said revenue rose 20% last year to $107 billion, signaling that a U.S.-led campaign to block its rise wasn't curbing its core business. | |
| HUD action on Facebook signals trouble for other platforms. Federal officials accused Facebook of unlawful discrimination by allowing real-estate companies to target potential customers by race, religion and other factors, and signaled that other online advertising platforms are in its crosshairs. | |
| China floats cloud concession in U.S. trade talks. Beijing is offering foreign tech firms better access to the country's fast-growing cloud-computing market. The plan is part of a package of offers on technology-related issues Chinese negotiators are expected to discuss with their U.S. counterparts during high-level meetings scheduled today. | |
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| Bond investors' bets against inflation face a test. Rallying government bonds face their next test today with fresh data that will show whether inflation firmed at the start of the year. | | |
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| | TAKAAKI IWABU/BLOOMBERG NEWS | | |
| Why Carlos Ghosn fell. Nissan's sudden turn against the globe-trotting architect of the Renault-Nissan alliance has been a matter for debate. According to documents and people familiar with the matter, the Nissan executives who pushed for his ouster were motivated by their desire to protect the company from being subsumed by its French counterpart. | |
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| Trump reverses proposal to end Special Olympics funding. The president said "I have overridden my people" as he left the White House for a rally in Michigan, reversing course on his administration's proposal to eliminate federal funding for the Special Olympics, a move that drew widespread criticism. | |
| The FCC has fined robocallers $208 million. It's collected $6,790. The dearth of financial penalties collected by the government for violations of telemarketing and auto-dialing rules shows the limits the sister regulators face in putting a stop to illegal robocalls. It also shows why the threat of large fines can fail to deter bad actors. | |
| R.I.P.: Death-care stocks' long bull run. Over the past decade, each of the two leading U.S. providers of funeral and cemetery services has reaped a total return of nearly 1,300%. Competition, price transparency and even market performance threaten those gains. | | |
| The 4% mortgage is back. The average rate on a 30-year fixed mortgage fell to 4.06% this week, its lowest since January 2018. Economists and lenders believe a low enough rate has the potential to jump-start the housing market again. | |
| Deus Ex Machina: Religions use robots to connect with public. The 15th century had the printing press. Today, a handful of religious institutions are developing interactive machines to share doctrine and converse with the faithful. | |
| The New York Yankees' lost decade. As the 2019 season begins, the Yankees find themselves in a nearly unprecedented position. They last competed for a title 10 years ago—a blip for most teams, but an eternity for the most successful franchise in North American professional sports. | |
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| Apple's keyboard problem. Personal Technology columnist Joanna Stern writes on the maddening keyboard issue plaguing Apple's "butterfly" keyboard (image from our Instagram channel). | |
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| Terror Blasts Hit Moscow During Rush Hour Two suicide-bomb blasts went off at different Moscow Metro stations during the morning rush hour, killing 40 and injuring more than 100. An initial investigation said the bombings were carried out by the militant Islamist group Caucasus Emirate. The group's leader, former Chechen separatist Doku Umarov, claimed responsibility for ordering the attacks, saying they would continue until Russia gave independence to Muslim states in the North Caucasus region. | | |
| | THE WALL STREET JOURNAL | | |
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