Thursday, March 21

ByKevin Sheekey

Brexit in Crisis: 8 Days to Go
-No-Deal Brexit Possibility Suddenly Comes Alive for the Markets (Bloomberg)
There is now a 40-50 percent chance no-deal Brexit may happen, says head of currency strategy Jane Foley at Rabobank. A Bloomberg survey shows the pound would crash to $1.20 if there’s no deal.
-Theresa May Pins Hopes on Another Vote to Avert No-Deal (Bloomberg)
-Refuses to Rule Out No-Deal Exit if Plan Falls for Third Time (Politico)
-Emmanuel Macron Says Failure to Get Deal Means Hard Exit (Bloomberg)
-Petition to Cancel Brexit Crashes Government Web Site (Bloomberg)

Xi Jinping in Europe: Chinese Leader Bearing Gifts Presents Challenge for Europe (Bloomberg)

Limits of Populism: Hungary’s Orban Suspended From EU’s Biggest Political Coalition for Erosion of Democratic Standards (Bloomberg)

Leadership in Action: New Zealand Bans Assault Rifles in Wake of Deadly Mosque Attacks (Bloomberg)
Less than a week after 50 people were killed, Prime Minister Jacinda Ardern announced a weapons buyback in New Zealand. The ban is immediate to prevent stockpiling of semi-automatic weapons.

‘Tax Cut’ Confusion: Trump Tax Reform Causing Freakouts in Rich New York Area Towns (Bloomberg)

Boeing 737 MAX Latest:
-FBI Joining Criminal Investigation into Certification of Boeing 737 MAX
(Seattle Times)
-Doomed Boeing Jets Lacked 2 Safety Features That Company Sold Only as Extras (New York Times)
-Mystery Pilot on Lion Air Flight Interviewed by Indonesia (Bloomberg)

Alzheimers Setback: Biotech Giant Biogen Halts Late Stage Drug Trials as Results Disappoint (Bloomberg)

Waning Influence: How Companies Learned to Stop Fearing Trump’s Twitter Wrath (New York Times)
While a tweet from Trump used to sink a company’s stock price, analysts say that these days a missive from the president’s Twitter feed merely injects a bit of noise into the market.

Finally, I think we’re on to something…

Email Newsletters Are on the Rise – A New Social Network That Isn’t New (New York Times)

Spread the word:
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Best of late night.

“After White House counselor Kellyanne Conway’s husband questioned President Trump’s mental state in a series of tweets over the weekend, Trump today called George Conway a, quote, ‘husband from hell.’ Meanwhile, on ‘Real Housewives,’ they passed a comprehensive immigration bill.”
— Seth Meyers

“Genetic testing company 23andMe can now tell customers if they are at a risk of developing Type 2 diabetes. ‘So can we,’ said Seamless.”
— Seth Meyers

On a CNN report that Senator Elizabeth Warren has been personally calling people to solicit small-dollar donations:

“Finally, someone who’s tapped into what Americans really want: unsolicited phone calls!”
— Samantha Bee

For more best of late night from the New York Times, click here.