Today's Headlines

Bloomberg:

• U.K. to Extend Parliament, Build `Broadest Consensus' for Brexit. Britain’s Parliament will sit for two years instead of the typical one to prepare for the nation’s departure from the European Union in early 2019, indicating the government may be ready to moderate its position in order to get the legislation through. Prime Minister Theresa May’s minority administration is making the rare extension as lawmakers consider which of the thousands of EU rules it will incorporate into British law -- known as the Great Repeal Bill -- as well as overseeing the nation’s domestic agenda, her office said in a statement. The legislation for Brexit will be confirmed next week.

• London Tower Fire Toll at 58 as Criticism of Premier Grows.

Wall Street Journal:

• Amazon(AMZN) Is Leading Tech’s Takeover of America. The tentacles of a handful of tech giants are reaching into industries no one ever expected them to, reshaping our world in their image.

• Rep. Steve Scalise Upgraded to Serious Condition. Hospital says Republican congressman is more responsive, speaking with family.

• Tehran, No Longer an Island.

Barron's:

• Had bullish commentary on (AAPL), (FB), (GOOGL), (NFLX), (AMZN), (GE), (DLR), (GWR), (GIS) and (JPM).

• Had bearish commentary on .

MarketWatch.com:

• Amazon(AMZN) may have launched a bidding war for Whole Foods(WFM).

Fox News:

• Judicial Watch seeking documents ‘unlawfully removed’ by Comey. (video)

CNBC:

• Everyone keeps talking about AI—here's what it really is and why it's so hot now.

• In relief rally, bitcoin jumps more than 20% from June low.

• There's a reason the grocery industry is panicking about Amazon's purchase of Whole Foods(WFM).

• The five big tech companies are worth almost $3 trillion, so they must pursue huge deals to keep growing.

Zero Hedge:

• "Someone's Going To Jail" Gingrich Warns Mueller's Russia 'Witch Hunt' Too Big To Fail Now.

• Republicans Go On Offensive Against Mueller; Call For 'Special Counsel' To Investigate AG Lynch.

• Illinois State Official: "We Are In Massive Crisis Mode, This Is Not A False Alarm". (graph)

• Seven Sailors Missing After US Navy Destroyer Collides With Merchant Vessel Off Japan.

• Why Some Hedge Funds Believe The Shale Boom Is Coming To An End (Again). (graph)

• High Schools Drop "Valedictorian" Distinction Fearing Lower-Ranked Kids May Feel 'Triggered'.

• Exposing Terry McAuliffe's Fuzzy Math On Gun Homicides.

• Netflix Now Has More Subscribers Than Cable.

• The Treasonous Secession Of Climate Confederacy States.

• "Robots, Drones" Mean Mass Layoffs For Whole Foods Employees. (graph)

• 59% Of Brits Agree With Marxist Corbyn: Empty Luxury London Flats Should Be Used To House Homeless.

• The Pin To Pop This Mother Of All Bubbles?

• Deutsche Bank: The Market's Current "Metastability" Will Lead To "Cataclysmic Events".

• Weekend Reading: Charged With Obstruction.

• 'Bricks & Slaughter' - Amazon Deal Slams Stocks As Yield Curve Crashes. (graph)

Business Insider:

• Judge declares a mistrial in Bill Cosby's sexual assault trial, jury says it's 'hopelessly deadlocked'.

• Iraq dethrones Saudi Arabia as India's No. 1 oil supplier.

CNN:

• Senate Democrats weigh blockade to protest GOP health care plan.

The Telegraph:

• If we are to end austerity, we must first learn to live within our means.