A quiet Monday appears to be leading to a busy Tuesday morning, with Qualcomm upping its bid for NXP (in a move that could help it fend off Broadcom) [WSJ] and Albertson’s looking to join forces with what’s left of Rite Aid Corp for $24 billion – WSJ
Major French firms—from Peugeot to Societe Generale—are wasting little time in seizing upon President Macron’s labor-system overhaul as a means of reshaping their labor force (often in the form of substantial layoffs) – WSJ
Deutsche Bank, meanwhile, has plenty of its own reasons for cutting 250 jobs globally (and it has much more to do with the performance of its investment banking group than it does any country’s labor policy) – Bloomberg
Here’s a terrifying new angle to cyberhacking and the cryptocurrency craze—very real threats of violence associated with thefts of the very virtual currencies – NYTimes
Caterpillar is staring a $2.3 billion tax bill square in the face now that IRS auditors have completed an investigation of income tax returns and profits from CAT’s Swiss affiliate – Law360
After years of selling upwards of $60 billion in new stock to survive the oil bust, North American energy producers have turned something of a corner and are initiating share-repurchase programs—an effect of the recent rise in oil prices that have let them focus more on shareholder demands – WSJ
Johnson & Johnson is reportedly in the early stages of shopping around its $2 billion sterilization division, another in a series of recent moves to sell off “non-core assets” – Bloomberg
One of the consequences of Spotify’s forthcoming unconventional IPO is the need for “novel ways to guide the market to a price,” and private trading looks to be filling at least some of that bill – WSJ
Reinsurers—best known for quietly minting money in their various overseas and offshore locales—are being hit by a double whammy of a spate of catastrophic losses and rising competition that’s taken a huge bite out of 2017 profits – WSJ
Now this is my kind of feel-good Olympic feature [though, to be fair, this one’s pretty incredible, too], which explores the life and times of the 37 “mostly imported” Zamboni drivers helping keep the games rolling along on the ice over 2 weeks in South Korea – NYTimes