“Pot is the new crypto,” declares Bloomberg, and if you’ve seen how the virtual currencies are faring these days, that should be a warning and not a selling point—Tilray be damned – Bloomberg and MarketWatch
The White House has nominated former Fed economist Nellie Liang to the central bank’s board of governors. In 2009, Liang helped lead the government’s first round of Dodd-Frank mandated big bank stress testing – WSJ and Bloomberg
The latest from the vicious Fox/Comcast battle for the right to buy the UK’s SkyTV includes the rarely seen corporate auction, which will all go down this weekend and include 3 rounds of cash offers – CNBC and WSJ
More details on the massive money laundering scandal at Denmark’s Danske Bank that led to yesterday’s resignation of CEO Thomas Borgen, including the revelation that more than $233 billion was laundered through one Estonian branch location between 2007 and 2015 – NYTimes and WSJ
EU antitrust authorities—busy, as ever, these days—have opened a preliminary probe into Amazon’s treatment of its merchants and are reportedly focusing on whether the mountains of data Amazon gathers from its users on every transaction give it an unfair advantage – WSJ and NYTimes
And while we’re talking big A, Bezos & Co. are considering capitalizing on the success of their pilot AmazonGo cashierless stores with plans to open as many as 3,000 of the convenience stores, despite their high opening costs – Bloomberg
Rounding out the Amazon hat trick, the Times’ tech guru offers up some pointed advice for Bezos as he rolls out philanthropic initiatives aimed at doing good with his staggering fortune—namely, try to make sure there’s never another Jeff Bezos – NYTimes
Bank of America’s Christian Meissner—currently, its head of corporate and investment banking—is leaving the bank after 7 years in the role – WSJ
Wells Fargo, on the other hand, is going out of its way to tamp down rumors that it’s been in touch with former Goldman bigwig Gary Cohn to replace its CEO, Tim Sloan – Bloomberg
A bit of Law360 analysis that considers the dip in SEC enforcement actions under the tenure of new chair Jay Clayton (and why that’s not quite the whole story) – Law360
We’re remembering influential American architect (and pioneering postmodernist) Robert Venturi, who died on Tuesday at the age of 93. As summarized nicely here by ArchDaily, Venturi and his partner Denise Scott Brown’s imprint on their generation of architecture is documented well by the 99% Invisible episode exploring the pair’s landmark Learning from Las Vegas – ArchDaily
