Wednesday, January 31

ByKevin Sheekey

Most Read on the Terminal (Last 8 Hours):
Ikea Fortune Falls to No One After Billionaire Founder’s Death (Bloomberg)



U.K. Prime Minister Having clung onto her job since leading her party to a disastrous election in June last year, British Prime Minister Theresa May has come under mounting pressure in recent days from lawmakers in her own party. Media reports say some are privately plotting to replace her. Under Pressure to Resign, U.K.’s May Says She’s ‘Not a Quitter’ (Bloomberg)


First on The Terminal: The U.S. Justice Department added some fuel to conspiracy theories about Apple, saying it would investigate the company’s claims it slows down older phones to keep them from shutting down randomly. U.S. Probes Apple Over Updates That Slow Older iPhones (Bloomberg)


Securities and Exchange Commission chairman Jay Clayton has elevated digital currencies to the forefront of his agenda, asserting that many of the products fall under the agency’s oversight. Signaling Crackdown, SEC Boss Emerges as Crypto Skeptic-in-Chief (Bloomberg)


Hong Kong Exchanges & Clearing Ltd. is planning changes to the gateway to China’s $10 trillion bond market, though one senior industry figure says investors will still want more. Trading Link Into China’s $10 Trillion Bond Market Set for Fixes (Bloomberg)


Healthcare stocks from Express Scripts Holding Co. to CVS Health Corp. were roiled by news that Amazon.com, Berkshire Hathaway and JPMorgan Chase were entering the space to aid their workers and cut costs.What Analysts Are Saying About the Amazon, Berkshire, JPMorgan Health Deal (Bloomberg)


There is a great opportunity to rebuild the US Virgin Islands in a more sustainable way that not only decreases vulnerability to future storms, but also reduces energy costs and protects the territory’s natural resources. First Resiliency Workshop Held in St. Thomas; Advisory Committee Hopes to Inform the Rebuilding of the Territory following Irma & Maria (Virgin Islands Consortium)

Tweets of the day:

@MikeBloomberg: Having seen how Christo & Jeanne-Claude’s work can positively impact a city, I look forward to visiting Hyde Park this summer to experience his new work. Cheers to @MayorofLondon & the City of London for embracing great public art.


@drkellyhenning: Great to see #Data4Health work being done in the Philippines! With 29.4M unrecorded deaths each year it is vital to gather information that will help countries make informed health decisions. Check out more on @BloombergDotOrg’s work on #Data4Health: http://bloombg.org/2DYxY44


Best of Late Night:

“Here’s one unusual thing we found out right before the [State of the Union] speech: The first lady traveled to the speech in a separate car. I guess Melania didn’t want anything from the Burger King drive-through.” — Stephen Colbert

“As for the Democrats who did show up, a number of them wore black in solidarity with the Time’s Up movement. Well, it was either that, or they thought they were attending a funeral for the English language.” — Trevor Noah

“Seriously, sir? ‘War on clean coal’? You can’t start or end a war on something that does not exist. ‘Soon we will end our wars on sasquatches, unicorns and moderate Republicans!’ ” — Stephen Colbert

“I read that Apple is growing its fleet of self-driving cars. You can tell the self-driving cars are made by Apple because when you hit a pebble it shatters the entire windshield.” — Jimmy Fallon