Thursday, October 12

ByKevin Sheekey

Most Read on the Terminal: 
Morgan Stanley Plans $2,500 an-Hour Analyst Fees (Last 24 Hours – Bloomberg)
Brexit Talks Edge Backward as UK Prepares for Worst (Last 8 Hours – Bloomberg)

American business groups are sounding the alarm as Nafta teters. Trump’s Tough Talk on Nafta Suggests Pact’s Demise is Imminent (New York Times)

Passive asset managers have been on a roll and they’re about to get some more help from new regulations like MiFID II. The New Rules That could Make ETFs Unstoppable (Bloomberg Markets)

Mikhail Gorbachev writes that relations between Russia and the US are in a severe crisis and they need to engage in serious dialogue based on mutual respect. My Plea to the Presidents of Russia and the United States (Washington Post)

Amazon has set off a frenzy among governors, mayors and bureaucrats across the US who are scrambling to land 50,000 jobs and a corporate investment of $5 billion. Amazon Second HQ Bid Ignites ‘Sadistic’ Frenzy Across North America (Bloomberg)

In Washington yesterday, Mike Bloomberg announced that Bloomberg Philanthropies would increase its commitment to end America’s coal dependency and transition the US economy to a clean energy future. Bloomberg unveils clean energy commitment to counter rollback of emissions rule  (CBS News)

A good day for passionate Yankees fan Howard Wolfson: Didi Gregorius leads Bronx Bombers past the Indians and into their first league championship since 2012 (New York Times)

Tweets of the day:

@MayorofLA: Thank you @MikeBloomberg & @SierraClub for continuing to fight #ClimateChange & investing in our future #BeyondCoal.

@MikeBloomberg: Renewable jobs outpacing the natl rate.  Coal jobs have been down for decades.  Let’s help miners find new opps instead of making false promises.

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