Big tech (including Facebook, Google [theoretically], and Twitter) is heading back to the Hill (with @jack pulling double-duty, because that’s how he rolls). Here’s what to expect today based on their prepared testimony – NYTimes and Recode and Law360
Apple was the first American company ever to cross the trillion dollar market cap figure. Less than a month later, it’s got company, as Amazon hit that lofty figure itself on Tuesday before falling back below the mark by the end of the day – NYTimes and WSJ and Bloomberg and Marketplace
So what’s next for Bezos & Co.? Well, 500 million Indians, for starters, thanks to an expansion into Hindi. And a piece of the $88 billion online ad marketplace, too – NYTimes
Banking group ING has agreed to pay “a record European fine” of nearly $900 million to resolve an investigation by Dutch prosecutors into money laundering failings, as “watchdogs scramble to staunch flows of illicit money after a spate of high-profile scandals.” The aggressive move is something of a departure for EU AML watchdogs, which have largely ceded enforcement to their American counterparts over the past decade – WSJ and Law360
Nafta talks start back up today, and Chapter 19 dispute resolution procedures and cultural sector exemptions are emerging as Canadian must-haves that could make reaching an agreement difficult – Bloomberg
Details about the DOJ’s new approach to cracking down on spoofing—the practice of trying to move markets by “entering and quickly canceling orders”—after a Connecticut jury acquitted a former UBS trader of spoofing this spring – NYTimes
Insurer State Farm will pony up $250 million to settle a lawsuit alleging that it “secretly worked to help elect an Illinois high court justice to overturn a billion-dollar judgment against it.” The settlement ends a 2012 class action brought millions of State Farm policyholders that focused on the company’s actions related to a 2004 campaign – Law360
Some background on how Argentina found itself as ground zero for the economic crisis rapidly spreading throughout emerging markets – WSJ and Bloomberg
A California federal judge has given preliminary approval to a classwide settlement totaling $480 million that would “end claims that Wells Fargo artificially inflated its stock value by opening as many as 3.5 million unauthorized customer accounts” – Law360
The five US regulatory agencies weighing proposed changes to the Volcker Rule have agreed to extend the comment period to October 17, nearly 4 and a half months since the submission of the proposal – Law360
We know what it took for Dorothy to get back home. But what about the shoes themselves? Why, just clicking your heels and saying F – B – I, of course – NYTimes and ABC