Bloomberg

Wells Fargo Fires Managers, Denies Bonuses in Account Probe
Bloomberg
Wells Fargo & Co. fired the head of its consumer credit-card business and three other senior managers as the bank's board examines how abusive sales practices spread through branches before spiraling into a national scandal last year. Shelley Freeman …
Wells Fargo fires former LA regional president, 3 other managers after scandalLos Angeles Times
Wells Fargo Has Fired and Cut Bonuses for 4 Executives Over Its Sales ScandalFortune
Wells Fargo fires 4 executives over sham-accounts scandalWashington Post
Forbes –USA TODAY –Business Insider –The Mercury News
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Here are 5 to-dos to if you’d like to leverage your position at work to resist the current administration.


Bloomberg

Mongolian Bond Prices Jump Following $440 Million IMF Bailout
Bloomberg
The price of Mongolia's benchmark 10-year bond rose after the announcement on Sunday that the International Monetary Fund will lead a bailout the nation. The yield declined and the price of the bonds due in 2022 rose more than 4 cents by 1:50 p.m in …
Mongolia agrees $5.5 bln economic bailout plan with IMF, othersReuters
IMF Agrees Terms for $5 Billion Loan to Debt-ridden MongoliaU.S. News & World Report
IMF $440 Million Loan, $5 Billion Package, Bails Mongolia Out Of Commodity Slump TroublesForbes
NDTV –EconoTimes –International Monetary Fund –South China Morning Post
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Reuters

Oil rises, but US drilling drags on prices
Reuters
A natural gas flare on an oil well pad burns as the sun sets outside Watford City, North Dakota January 21, 2016. REUTERS/Andrew Cullen. By Aaron Sheldrick | TOKYO. TOKYO Oil prices rose on Monday but the gains were limited as investors gauged …
OPEC Wins Investors Back as Cuts Prompt Record Bets on OilBloomberg
Oil Rises, But Drilling Drags on PricesFox Business
Weekly Oil Markets Recap – Where Does Global Supply And Demand Stand?Seeking Alpha
Yahoo Finance –Nikkei Asian Review –Hellenic Shipping News Worldwide –Business Day (registration)
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U.S. News & World Report

Asian Shares Muted Ahead of Earnings, Fed Minutes This Week
U.S. News & World Report
Asian stocks are muted as a lack of fresh leads keeps investors on the sidelines while they await economic and corporate earnings reports and Fed meeting minutes due out this week. Feb. 20, 2017, at 1:10 a.m.. MORE. LinkedIn · StumbleUpon · Google + …
European Shares Seen Flat To HigherNasdaq
Asian shares mixed as investors await Fed, company earningsNewser

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Bloomberg

Global Arms Sales Hit Highest Level Since End of Cold War
Bloomberg
Global arms sales over the last five years reached their highest level since 1990, with India continuing to top the charts as the world's largest defense importer, a report from the Stockholm International Peace Research Institute has found. Between
Global arms trade hits highest level since end of Cold WarCNNMoney
The global arms trade has soared to its highest level since the end of the cold warSouth China Morning Post
Global arms trade spikes to highest since the end of the Cold Warfox2now.com
Economic Times –euronews –Inquirer.net –RadioFreeEurope/RadioLiberty
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USA TODAY

Los Angeles, New York and San Francisco are most congested US cities
USA TODAY
Cheap gas and a surging economy are taxing the nation's roads and contributing to congestion that cost U.S. motorists almost $300 billion last year in wasted time and fuel, according to a new report. Los Angeles had the worst traffic in the world among
Traffic study ranks Los Angeles as world's most clogged cityCNBC
Traffic Jams Cost US Drivers $1200 a Year: StudyU.S. News & World Report
Surprising no one, Los Angeles is the most gridlocked city in the worldThe Verge
11alive.com –Yahoo Finance –Telegraph.co.uk –Washington Post
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Bloomberg

Panic Over China Is So Last Year, With Market Swings Subsiding
Bloomberg
At the dawn of the year of the rooster, China's economy is as leveraged as ever, with credit still outpacing growth. Yet there's a difference from past years: an absence of turmoil in financial markets. Swings in the yuan are at a three-month low
China's yuan firms slightly on corporate sales of dollarsNasdaq
Onshore Yuan Loses Ground After PBOC Cuts Fix By Most In Six WeeksTheStreet.com
China's Extraordinarily Expensive RecoveryForbes
Seeking Alpha –Yahoo News –South China Morning Post –newsBTC
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USA TODAY

Kraft Heinz: Take The Money And Run (Unilever Acquisition Attempt Is A Sell Signal)
Seeking Alpha
The company's shares have become even more overpriced as news of its attempt to acquire Unilever plc has spread throughout the financial media. The company's attempt to acquire Unilever plc is an admission that its slowing organic revenue/earnings …
Morning News Call – India, February 20Business Insider
Kraft Heinz Withdraws $143 Bln Takeover Offer For UnileverNasdaq
Kraft Heinz calls off $143B mega-deal to buy UnileverUSA TODAY
Bloomberg –Yahoo Finance –Reuters –BBC News
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Forbes

Week Ahead On Wall Street: Warren Buffett Publishes Annual Letter, Retailers Unleash Earnings
Forbes
Warren Buffett has been making quite a splash with his investments in recent weeks, piling into the airlines he once called a "death trap" and nearly quadrupling his stake in Apple. At the same time he has all but given up on Wal-Mart. Investors will
The Demise Of The Arkansas FedSeeking Alpha
Buffett's Walmart sell-off is bad news for retailersBusiness Day (registration)
Earnings, earnings and more earnings; Can the Trump rally continue?KEYT

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