Be in the know. 12 key reads for Friday…

  1. 3M Shares Jump on Water Providers Settlement (barrons)
  2. SoftBank CEO had a crisis of confidence that left him in tears for days: ‘I felt a real emptiness’ (nypost)
  3. Biden Plays Down Dictator Remark After China Reprimands U.S. Ambassador (wsj)
  4. Ford Venture Gets Record $9.2 Billion Government Loan for EV Batteries (wsj)
  5. Intel Digs Deep Inside to Make Foundry Push Work (wsj)
  6. Biden says his ‘dictator’ comment on Xi has no ‘real consequence’ on China ties (cnbc)
  7. Fed Emergency Bank Bailout Facility Usage Hits New Record High; Money Market Funds See Another Small Outflow (zerohedge)
  8. Unleashing ‘The Walrus’: Musk-Zuckerberg Agree To ‘Cage Match In Vegas Octagon’ (zerohedge)
  9. 3M gains after reaching $10.3B settlement in PFAS water suits; seen as a positive development (streetinsider)
  10. Biopharma M&A Finally Seems To Be Waking Up (II)
  11. Eddie Wu prepares to run Alibaba empire built with mentor Jack Ma (ft)
  12. US recession risk is diminishing, US treasury secretary says (scmp)