We seem to be in whipsaw territory, as a tech selloff on Monday spread into a “broad retreat” that led to the Dow tumbling 600 points – WSJ and Bloomberg and MarketWatch
GE also took it on the nose, with new CEO Larry Culp’s rather vague effort at smoothing over investor concerns in a rare CNBC interview only further shaking confidence in the company’s future – Bloomberg and WSJ
Some analysis of what a divided Congress could mean for the future of the “revamped” NAFTA (or USMCA, if you’re so inclined), especially in light of a renewed focus on protecting American workers – NYTimes
The cat’s been out of the bag for days now, but Amazon will likely make it official today re: its pair of HQ1.5s in NYC and Northern Virginia. [And with it, some unwanted controversy about the whole HQ2 process as little more than a ploy to gain reams of secret information from cities around the United States and Canada] – Bloomberg and NYTimes
Breakingviews helps us better understand SAP’s $8 billion weekend acquisition of market-analytics company Qualtrics, which until the announcement had been moving rapidly towards an IPO that would’ve valued the company at $4.5 billion – NYTimes
The Journal’s reporting that Boeing “withheld information about potential hazards associated with a new flight-control feature” on its recently released 737 MAX 8 and 9 models that is suspected of playing a role in last month’s Lion Air jet crash – WSJ
We’ve looked before at Palantir—the secretive data analytics company valued, by one measure, at $20 billion and darling of major Silicon Valley investors—and its move toward an impending IPO. Trouble is, the company hasn’t “turned an annual profit in its 14-year history,” and it’s late to the game in cutting back on its infamous employee perks – WSJ
Daniel Loeb and his activist investor group Third Point have “scaled back” their bid to remake the Campbell Soup board. Instead of nominating 12 independent directors, the group will put forward a slate of five for consideration – Law360
SEC Commissioner Robert Jackson is warning that leveraged funds threaten to jeopardize the reputation of the entire $3.6 trillion ETF market – Bloomberg
In an effort to assist financial services firms in fighting cyber attacks, the Financial Stability Board has finalized a cyber lexicon of 50 core terms that it hopes will provide a common language for regulators and firms alike – Law360
It’s tough to imagine big banks picking a less exciting partner than local DMVs in their fight against identity fraud, but beggars can’t be choosers, and the financial outfits are betting that the very in-person requirements that make the DMV so infuriating will go a long way toward helping verify identities once and for all – WSJ
The Fed, the Soviets, and the Useless Nail problem. Marketplace connects the dots for us – Marketplace
Last time the IOC descended upon Calgary in 1988, the Canadian frontier city got the Battle of the Brians and an iconic Saddledome out of it. All things considered, that’s a pretty good deal. So why not again in 2026? Well, the Olympic landscape has changed, my friends, and it’s a stretch to say that all would welcome the Games (and their seemingly inevitable cost overruns) back with open arms this time around – NYTimes
