2020-02-11



Household debt jumps the most in 12 years, Federal Reserve report says - CNBC
Rising mortgage and credit card balances fueled the biggest increase in household debt since 2007.
Link: https://www.cnbc.com/2020/02/11/household-debt-jumps-the-most-in-12-years-federal-reserve-report-says.html

Charles Scharf Puts Stamp on Wells Fargo With Overhaul of Reporting Lines - The Wall Street Journal
Move marks the chief executive’s first major structural change since the bank’s fake-account scandal
Link: https://www.wsj.com/articles/charles-scharf-puts-stamp-on-wells-fargo-with-overhaul-of-reporting-lines-11581438600

FTC will examine prior acquisitions by Alphabet, Amazon, Apple, Facebook and Microsoft - CNBC
The commission voted 5-0 to issue special orders to review the past mergers.
Link: https://www.cnbc.com/2020/02/11/ftc-will-examine-prior-acquisitions-by-big-tech-companies.html

Boeing posts zero new airplane orders in January - CNBC
January is the latest month without orders following the grounding of the 737 Max in March of 2019.
Link: https://www.cprtestcenter.com/states/AK/SAVOONGA/

Tesla crashes placed on NTSB docket - Seeking Alpha