Frontrunning: August 26


  • That will teach the UAE who's boss: U.S. Won’t Consult Syria on Militant Strikes: White House (BBG)
  • Putin Set to Meet Poroshenko as Ukraine Tensions Escalate (BBG)... but the de-escalation algo?
  • Tim Hortons’ Canadian Fans Squeamish of American Hookup (BBG)
  • Israeli air strikes target more Gaza high-rises (Reuters)
  • How Steve Ballmer Became a Rookie Basketball Mogul (WSJ)
  • Buffett to Help Finance Burger King Tax-Saving Deal (BBG)
  • U.S. Factories Keep Losing Ground to Global Rivals (WSJ)
  • Boehner, Camp Profit From Corporate Bid to Avoid U.S. Tax (BBG)
  • Experimental U.S. hypersonic weapon destroyed seconds after launch (Reuters)
  • The Neo-Neocons (WSJ)
  • China Said to Consider $16 Billion EV-Charging Fund (BBG)
  • California wine country quake losses seen in the billions (Reuters)
  • Automotive Customer Satisfaction Dips for Second Straight Year (WSJ)
  • Soros-Backed Insurer Tops Paulson Bets as U.S. Rules Loom (BBG)
  • Ackman Gains 30% With Burger King, Herbalife Wagers (BBG)

 

Overnight Media Digest

WSJ

* Berkshire Hathaway Inc chairman and CEO Warren Buffett is helping finance Burger King Worldwide Inc's takeover of Canadian coffee-and-doughnut chain Tim Hortons Inc , according to people familiar with the matter, in a surprise twist that thrusts the billionaire into a debate over U.S. taxes. (http://on.wsj.com/1vIpQae)

* The Pentagon is preparing to send surveillance aircraft, including drones, into Syrian airspace to gather intelligence on Islamist targets, laying the groundwork for a possible expansion of the limited U.S. military air campaign beyond Iraq.(http://on.wsj.com/VLdxNW)

* America's shale boom has raised hopes of a revival in U.S. manufacturing, in part fueled by cheaper energy. But U.S. factories still are losing ground to rivals in Asia and Europe. (http://on.wsj.com/1zvGfzk)

* Amazon.com Inc said on Monday that it has agreed to buy live-streaming gaming network Twitch Interactive Inc for about $970 million in cash.(http://on.wsj.com/1lsYepk)

* A federal judge ruled against a new law in Hawaii curbing genetically modified crops, handing a victory to seed and chemical companies in a battle over modern agricultural techniques. (http://on.wsj.com/YVUcvp)

* Amid the strongest market for commercial trucks in eight years, U.S. sales of natural-gas powered haulers are just inching ahead, slowed by premium prices, limited infrastructure and more efficient diesels. (http://on.wsj.com/1wuwYLv)


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