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Eddie Lampert’s Sears mega-gamble appears to finally be catching up with him.  Or the store, at least. Mr. Lampert, it seems, will come out not as worse for the wear as one might have expected – NYTimes and Bloomberg

Not so fast, Akzo. US activist investor Elliott Management is threatening a special-meeting call in order to force Akzo Nobel to engage with PPG after the latter’s recently upped takeover bid – WSJ

Apple has reportedly acquired Workflow, a mobile app that automates tasks for users by allowing them to group together to complete tasks – MarketWatch

ING Bank is shedding its stake in the Dakota Access pipeline deal a month after meeting with the Standing Rock Sioux Tribe over the bank’s $120 million slice of the project – Law360

Chinese network equipment maker ZTE Corp. has pleaded guilty as part of a settlement in which it will pay upwards of $1.2 billion in fines, forfeitures and penalties to resolve US claims that ZTE sold American tech to Iran in violation of US law – Bloomberg

Why personal data is the ultimate prize for banks and tech firms, and what they’re doing to guard it from one another – NYTimes

John Cryan’s doing what he can with the Deutsche Bank turnaround, but the Journal’s already looking around the corner to potential successors, including current CFO Marcus Schenck – WSJ

Think you’ve got a handle on the dino family tree?  Think again. If a Cambridge grad student has his way, the hip shape (bird or lizard) will no longer be the key divider, as it’s been since 1888 – NYTimes

 

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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