- At Golden Globes, Causes Outshine Celebrities (WSJ)
- Equity Euphoria Grips the Entire World (BBG)
- Pimco, Citigroup Sound Complacency Alarm on Global Economy (BBG)
- Improving Economy Sparks Rebound In Inflation Bets (WSJ)
- U.S. offers drillers nearly all offshore waters, but focus is on eastern Gulf (Reuters)
- Intel CEO’s Stock Sale ‘Unusual,’ Private Securities Experts Say (WSJ)
- ‘It Can’t Be True.’ Inside the Semiconductor Industry’s Meltdown (BBG)
- Pentagon, diplomats to play bigger role on arms sales (Reuters)
- In jab at hardliners, Rouhani says Iran protests were not only economic (Reuters)
- North and South Korea Prepare for Talks (WSJ)
- Once-Hungry Investors Pass on Meal-Kit Startups (WSJ)
- U.S. bank gains from tax law start with red ink (Reuters)
- U.S. military helicopter makes emergency landing at Japanese hotel (Reuters)
- Pfizer ends research for new Alzheimer’s, Parkinson’s drugs (Reuters)
- In possible boon for White House, Fed ready to lay low as tax plan kicks in (Reuters)
Overnight Media Digest
WSJ
– Celgene Corp agreed to buy blood-disease biotechnology company Impact Biomedicines for as much as $7 billion. on.wsj.com/2mcQs6E
– Jana Partners LLC and the California State Teachers’ Retirement System, or Calstrs, which control about $2 billion of Apple Inc shares, sent a letter to Apple on Saturday urging it to develop new software tools that would help parents control and limit phone use more easily and to study the impact of overuse on mental health. on.wsj.com/2maeGi6
– “Star Wars: The Last Jedi” opened to a soft $28.7 million in China this weekend, less than the prior two installments in the series. on.wsj.com/2mdnKCL
FT
Airbus was offering an industrial partnership on the A380 with China if Chinese airlines place orders for the company’s jet, whose future is in doubt unless it wins new customers.
The growth of Royal Dutch Shell’s oil and gas operations in the next decade will depend on shale production, Chief Executive Ben van Beurden told the Financial Times, in the latest sign of western energy groups pinning their hopes for expansion on those “unconventional” resources.
PwC has launched a UK drones team as the company looks to increase demand from investors, local authorities and companies for real-time data that can be more easily obtained by unmanned flight systems than by humans.
BBC China editor Carrie Gracie resigned from her position after learning that the broadcasting company operates a “secretive and illegal pay culture” that systematically discriminates against women. Gracie learned that two of her male peers were paid significantly more. She accused her bosses of taking a “divide-and-rule” approach to female staff in an open letter published online late on Sunday.
NYT
– Intel Corp and its chief executive, Brian Krzanich, are in the hot seat over Meltdown and Spectre, two chip security issues that were disclosed last week. The company said it has quietly marshaled a coalition of software, hardware and cloud services to develop and deploy programming tweaks that are designed to close most of the security gaps. nyti.ms/2AFwohG
– Jared Kushner’s family real estate company received a roughly $30 million investment from Menora Mivtachim, an insurer that is one of Israel’s largest financial institutions, according to a Menora executive. The deal, which was not made public, took place shortly before Jared Kushner accompanied U.S. President Trump, on the pair’s first diplomatic trip to Israel. nyti.ms/2ADGP5u
– Carrie Gracie, a senior editor for BBC News accused the network in an open letter on Sunday of operating a “secretive and illegal” salary system that pays men more than women in similar positions. nyti.ms/2CT6gGk
Canada
THE GLOBE AND MAIL
** Eight American senators have joined a campaign by politicians and publishers to tout the virtues of U.S. community newspapers as the Department of Commerce prepares to announce its decision Tuesday on whether to impose countervailing duties against Canadian newsprint. bit.ly/2CT2RXI
** Lithuania is urging Canada to sign on to a long-term package of support for Ukraine that would funnel more investment into the Eastern European country and strengthen its ties with the West as Kiev struggles to fight internal corruption and rebuild its economy despite a war with Moscow-backed militants. tgam.ca/2AEI8Bh
** The latest Public Health Agency of Canada FluWatch report shows influenza activity keeps rising, hitting those 65 and older the hardest and causing outbreaks primarily at long-term-care facilities. More than 1,000 hospitalizations have been reported, and at least 34 people have died, the report says. tgam.ca/2qDx5bB
NATIONAL POST
** A Toronto anti-abortion group is alleging in federal court that the government is violating its rights by requiring it to endorse reproductive rights in order to access a grant for hiring summer students. bit.ly/2qwCEZh
Britain
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