Be in the know. 15 key reads for Wednesday…

  1. Tesla Wins as County Blinks First in Standoff Over Plant (Barron’s)
  2. Fed spells out terms of TALF rescue facility, potentially paving way to unleash funds in weeks (MarketWatch)
  3. Hedge Funds, Go Home — Japan Is Closing the Door (Bloomberg)
  4. Steve Cohen, Jeff Bezos Achieve Scroll Fame at Robin Hood Telethon (Bloomberg)
  5. Hedge Fund That Never Loses Bets Big on South Africa Debt (Bloomberg)
  6. House Democrats unveil new $3 trillion coronavirus relief bill (CNBC)
  7. Gilead strikes deal to make remdesivir coronavirus treatment in 127 countries (CNBC)
  8. What Doesn’t Kill Fast Food Makes It Stronger (Wall Street Journal)
  9. The Emerging-Market Debt Trap (Wall Street Journal)
  10. Live Nation to issue $800 million of bonds that mature in 2027 (MarketWatch)
  11. Boyd Gaming is offering $500 million of senior notes that mature in 2025 (MarketWatch)
  12. Royal Caribbean pledges 28 ships as collateral for $3.3 bln bond offering (Reuters)
  13. CNBC’s Jim Cramer: Elon Musk may be a ‘zealot’ but he’s ‘dead right’ about his decision to break the rules (MarketWatch)
  14. China will step up macro-economic adjustments to offset pandemic impact – state TV (Reuters)
  15. Powell Says Washington Will Need to Spend More to Battle Downturn (Wall Street Journal)