Be in the know. 28 key reads for Thursday…

  1. After Robinhood’s IPO, twist to business model may come (Fox Business)
  2. China will still allow IPOs in the U.S., securities regulator tells brokerages (CNBC)
  3. Big Oil Shows Confidence That the Era of Large Profits Is Back (Bloomberg)
  4. China Stocks Rally as Beijing Intensifies Effort to Calm Market (Bloomberg)
  5. Glaxo Stock Is Stuck in a Rut. Here’s What Can Get It Moving Again. (Barron’s)
  6. BioMarin Bounces Back With Solid Earnings (Barron’s)
  7. Hire ‘poor, hungry kids’ instead of ‘entitled’ grads to solve banker talent crisis, Xavier Rolet says (fn)
  8. Pfizer Covid Vaccine Sales Boom and More to Know From Earnings (Barron’s)
  9. Teva Stock Climbs as CEO Says Opioid Settlement Could Come Within a Year (Barron’s)
  10. Fed Says Economic Progress Has Been Made, but It’s Too Soon to ‘Taper.’ What to Know. (Barron’s)
  11. Katie Ledecky Wins First Gold in Tokyo, Even as Rivals Catch Up (Wall Street Journal)
  12. Baxter in Early Talks to Buy Medical-Equipment Maker Hill-Rom (Wall Street Journal)
  13. Dow Edges Lower After Fed Statement (Wall Street Journal)
  14. $1 Trillion Infrastructure Deal Scales Senate Hurdle With Bipartisan Vote (New York Times)
  15. Inflation Is New Battle Line as Republicans and Biden Spar Over Spending (New York Times)
  16. How Biden Can Keep Jerome Powell and Make Progressives Happy (Bloomberg)
  17. Didi’s Shares Surge on Report It’s Considering Going Private (Bloomberg)
  18. China Convenes Banks in Bid to Restore Calm After Stock Rout (Bloomberg)
  19. First Chinese City Doles Out Cash Subsidies to Encourage Births (Bloomberg)
  20. S. GDP Trails Forecast Even as Consumer Spending Surges (Bloomberg)
  21. Nokia raises sales guidance (MarketWatch)
  22. Here’s what’s in the $550 billion bipartisan infrastructure deal (CNBC)
  23. Oil giant Shell raises dividend and launches $2 billion share buyback as commodity prices soar (CNBC)
  24. Here’s how much Olympic athletes earn for winning medals (CNBC)
  25. Facebook beat 2nd-quarter earnings forecasts, but issued a warning on growth. (BusinessInsider)
  26. China buyers re-emerge, patient Fed saps dollar (Reuters)
  27. Profit bonanza from mines to main street on economic bounceback (Financial Times)
  28. European stocks rise as China seeks to ease regulatory jitters (Financial Times)