Your Daily Dose of Financial News


Robins Kaplan LLP

For a start-up looking to unseat Bloomberg as the go-to insider source for financial news [other than this blog, of course], there’s a surefire way to gain some instant credibility: hire one of Bloomberg’s former top execs, Normal Pearlstine – NYTimes

And, on cue, Caterpillar CEO Doug Oberhelman has announced plans to step down at the end of the year – WSJ

The NLRB’s none too pleased with some of the provisions in Wall Street contracts.  In particular, prompted by a sexual harassment retaliation claim at Bridgewater, it’s taking at a confidentiality clauses – NYTimes

Netflix—and its stock—had an awfully good Monday, thanks largely to a stronger-than-expected new-user report – WSJ

Texas AG Ken Paxton’s found himself in a bind with the SEC over his role in promoting tech company Servergy—a case that centers not only on Mr. Paxton’s failure to register as an investment adviser but on that [maybe fine] line between mere sales talk and fraud – NYTimes

Your Tuesday credit card roundup – WSJ [Visa] and Bloomberg [AmEx]

Deutsche Bank has reportedly offered $38 million to resolve MDL claims that it was involved in a silver price-fixing scheme – Law360

Here’s a fascinating look (especially for those of us weather nerds out there) at why the National Weather Service is struggling to predict extreme weather events at a time when we need it most.  AKA, why the European Model is kicking US Weather’s butt – NYTimes

Also, speaking of science, full moons.  Just sayin’ – WSJ

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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