- Fed Rate Rise Unlikely, but Possible June Move in Focus (WSJ)
- GOP Health-Bill Woes Signal Centrists’ Rise (WSJ)
- As U.S. and China find common ground on North Korea, is Russia the wild card? (Reuters)
- North Korea says American was detained for 'attempted subversion' (Reuters)
- SEC Probes Solar Companies Over Customer Cancellations (WSJ)
- Slumping Car Sales Are Latest Data to Rattle Bets on Growth (WSJ)
- Putin Meets Erdogan as Russia Pursues Syria Diplomacy Blitz (BBG)
- Macron and Le Pen to square off in French pre-election TV showdown (Reuters)
- Trump aide lays out 'disruptive' approach on eve of Mideast talks (Reuters)
- JPMorgan to Move Hundreds of Staff to Three EU Offices on Brexit (BBG)
- On Serbian airwaves, a battle for heart of Balkans (Reuters)
- China to Start Security Checks on Technology Companies in June (WSJ)
- One Sign That the Retail Industry Isn’t Dead Yet (Bloomberg)
- China's Silk Road push in Thailand may founder on Mekong River row (Reuters)
- U.S. senators seek Venezuela sanctions (Reuters)
- China to step up crackdown on illegal forex deals in 2017 (Reuters)
- Buffett to face big crowd as Berkshire grows bigger (Reuters)
- NSA collected Americans' phone records despite law change: report (Reuters)
- Strong demand at Taco Bell drives Yum Brands' profit beat (Reuters)
- Uber in U.S. court reckoning on possible shutdown of self-driving program (Reuters)
Overnight Media Digest
WSJ
- Lawmakers on Tuesday warned U.
S. airlines they faced more regulation if they didn't follow through with pledges to improve customer service following the widespread outcry over the treatment of a United Continental Holdings Inc passenger last month. on.wsj.com/2oW5gtG- Apple Inc extended its rebound in the latest quarter with rising profit and revenue, but reported tepid iPhone demand that adds pressure on the technology giant to deliver a hit with its new 10th-anniversary handset later this year. on.wsj.com/2oWbZE4
- North America was the only region where Mondelez International Inc comparable sales fell in the first quarter, as food makers struggle with a turn by U.S. consumers toward fresher foods. on.wsj.com/2oW4Kfu
- Aetna Inc will again scale back its presence in the Affordable Care Act exchanges in 2018, saying it expects losses on the business this year despite sharply reduced enrollment in its individual plans. on.wsj.com/2oWlHXc
- Etsy Inc is replacing its chief executive and cutting about 8 percent of its workforce after the online marketplace reported a first-quarter loss and what it described as "a challenging February." on.wsj.com/2oWcoGA
FT
- Gold miner Avocet Mining's shares have been suspended after it failed to meet a deadline to publish its annual accounts. It's biggest shareholder is Elliott Associates.
- Vladimir Putin and Donald Trump talked paths towards Syria's peace, in a second interaction between both the presidents since Trump took office in January.
- EU has raised the opening demand for Britain's Brexit bill to be a payment of up to 100 billion euros ($109.32 billion). EU negotiators revised initial calculations to maximise the liabilities Britain is asked to cover.
- KKR blocked Barclays from winning new mandates at the U.S. private equity group in protest on how the bank's CEO Jes Staley took his brother-in-law's dispute over a failed Brazilian deal.
NYT
- Apple Inc said Tuesday that the number of iPhones sold globally fell 1 percent in the first calendar quarter, compared with the same period a year ago, although revenue rose to $52.9 billion as more customers bought the supersized, more expensive iPhone 7 Plus. nyti.ms/2p7gU0W
- Dr. Mario Molina, chief executive of the California health insurance company founded by his father, was abruptly removed from his position at Molina Healthcare Inc, according to an announcement by the company on Tuesday. His brother, John, the company's chief financial officer, was also immediately replaced. nyti.ms/2p7aoY9
- Facing new corporate demands and political pressure from a Trump administration that wants to curb immigrant work visas, Infosys Ltd, one of India's leading tech outsourcing companies, said Tuesday that it will hire up to 10,000 Americans to serve its clients in the United States. nyti.ms/2p6OyUR
- The head of President Trump's re-election campaign accused CNN of "censorship" on Tuesday afternoon after the broadcast network refused to run the group's latest advertisement. nyti.ms/2p7gfg0
- With two days left before an 11-day recess and no vote scheduled, House Republican leaders worked on Tuesday to win votes one at a time for their latest bill to repeal the Affordable Care Act after an influential Republican voice on health care came out against the measure. nyti.ms/2p7bHGB
Canada
THE GLOBE AND MAIL
** Mortgage lender Home Capital Group Inc delayed the release of financial results on Tuesday as the company recruits new board members in a bid to restore its credibility, stem the bleeding of deposits and find a potential buyer or investor. tgam.ca/2pEQUer
** British Columbia Liberal Leader Christy Clark wants to slap a hefty carbon levy on exports of thermal coal from British Columbian ports, a move that would devastate producers in both the United States and Alberta while sparking a rift over interprovincial trade. tgam.ca/2pEABhI
** Defence Minister Harjit Sajjan, under pressure to deliver a new purchasing plan for big-ticket military goods, is preparing to lower expectations for the amount of cash available by blaming the former Conservative government for leaving the Canadian Armed Forces with a budget shortfall. tgam.ca/2pEwvpP
NATIONAL POST
** Negotiators and senior trade officials from 11 Pacific Rim nations gathered in Toronto Tuesday to discuss whether it's possible to salvage the Trans-Pacific Partnership. bit.ly/2pEAVwW
** WestJet Airlines is expanding its international reach with the purchase of at least 10 Dreamliner aircraft from Boeing Co part of a larger strategy that will see the Calgary-based airline look for growth in both ultra-low-cost and longer-haul segments. bit.ly/2pExiam
Britain
The Times
* ITV bought a majority holding in World Productions, the company behind the popular BBC series "Line of Duty," for an undisclosed sum. bit.ly/2oVqI2f
* Kohlberg Kravis Roberts, the private equity giant, has expressed anger at Barclays' CEO Jes Staley's alleged behaviour relating to a battle it is waging against Jorge Nitzan, the brother of Staley's wife. bit.ly/2oVAFwC
The Guardian
* It will take an extra 15 billion pounds ($19.41 billion) of spending cuts or tax rises to eliminate the budget deficit by the time of the 2022 election, the Institute for Fiscal Studies said as it laid bare the damaging legacy of the financial crisis on UK living standards and public finances. bit.ly/2oVfNp0
* Alitalia has filed for administration for the second time in a decade, a move that could see the troubled Italian national carrier restructured, sold or finally wound up. bit.ly/2oVdyCt
The Telegraph
* The London Stock Exchange has fired back at Brussels' proposal to restrict London's ability to host euro-clearing, warning that any restriction on the clearing of Euro swaps would "damage European issuers, savers, investors, pension funds and intermediaries." bit.ly/2oVzaP5
* Morgan Stanley has sold Affinity Water for 1.6 billion pounds to a consortium of investors including FTSE 250 investor HICL Infrastructure and German insurance giant Allianz. bit.ly/2oVujNJ
Sky News
* Some 300 jobs are to be created and many more safeguarded in a 100 million pounds deal to sell part of Tata Steel's operations in the UK. bit.ly/2oVkIWY
* Staff at Ineos' petrochemical plant in Grangemouth have been evacuated due to a gas leak that police have described as a "major incident." Ineos confirmed the leak at the petrochemical plant on Twitter, adding: "Our on-site responders are continuing to manage the incident with support from the emergency services." bit.ly/2oVhvqq
The Independent
* Banks stung their customers with a combined 300 million pounds in unarranged overdraft fees last year, often for going only a few pounds over their agreed limit, according to research by price comparison service uSwitch. ind.pn/2oVlxPO
* More than half of university students are now forced to pay more than 100 pounds per week for accommodation as rents have soared in recent years, accommodation search engine University Cribs found. ind.pn/2oVfFGp
