Financial News Roundup for the Week of May 13, 2018

What We’ve Been Reading – Week of May 13​
Markets, Economy & Corporate News

• Activists Don Sustainability Cloak to Whip Up Support (FT)
• Capital Spending Boom is No Great Boost to Capital Markets (WSJ)
• Comcast’s All-Cash Bid Could Pit Murdoch Against Fox Shareholders (Reuters)
• Simplified Volcker Rule Coming to Big Banks (Bloomberg)
• Investors Cut Holdings in Apple by Most Since at Least 2008 (Bloomberg)

Asset/Wealth Management:

• Five Predictions on the Future of Wealth Management (Forbes)
• When is it OK to Fire a Client? (Wealthmanagement.com)
• Spooked by Scandals, Asset Management Tries to Self-Police (Institutional Investor)

Long(er) Reads:

• What exactly happened to David Einhorn (Institutional Investor)
• How Baby Boomers Broke America (TIME)

Alternatives:

• Hedge funds’ favorite charity is funding their opponents (WSJ)
• What’s in a hedge fund name? Apparently, booze, boats and Boston (Bloomberg)
• Private equity tech titans face off with new funds (WSJ)
• The Pope just called investment products that helped cause the financial crisis a ‘ticking time bomb’ (Business Insider)

Media Industry and Journalism:

• I’m Not Quoting Enough Women (New York Times)
• Suzanne Scott Named First Female Chief Executive of Fox News (NYT)

Technology:

• The crypto alternative (Techcrunch)
• Cybersecurity Whistleblowers Are Growing Corporate Challenge (WSJ)
• Cambridge Analytica starts bankruptcy proceedings in US (BBC)
• In Virtual Reality, How Much Body Do You Need? (NYT)

Crisis Communications:

• Air France-KLM hopes 3 CEOs can end its crisis (CNNMoney)
• Hail Caesar Salad! Romaine Is Safe to Eat Again (NYT)
• ‘Just the Grossest Thing’: Women Recall Interactions With U.S.C. Doctor (NYT)