By selling McAfee to investment firm TPG, Intel has help set up the cybersecurity company to become independent once again at a time when businesses aiming to protect against hacking are more relevant than ever – NYTimes
Streetwise suggests that negative rates in Europe are far from popular (at least when it comes to the ECB), but that they’re quietly if slowly improving the European economy – WSJ
In a move anticipated over the past year or so, Caliber Home Loans—with PE Lone Star Funds’ backing—is making more loans to “borrowers with spotty credit histories.” A euphemism for subprime, by the way. That targeting has helped make Caliber one of the fastest-growing mortgage financing firms in the country at the moment – NYTimes
Wells Fargo is expected later today to resolve claims by federal and state authorities that its cross-selling tactics went over the line – WSJ
Barclays has managed to secure a stay of trial court proceedings while it appeals class certification in a shareholder suit accusing the UK bank of misrepresentation related to its dark pool – Law360
China’s embrace of debt has given some—including George Soros—the heebie jeebies. Here are some thoughts on whether you should join in their concern – NYTimes
Online lender SoFi’s hoping to power through a rough patch in the industry by raising $500 million in equity to fund to fintech growth initiatives – WSJ
Its headphone-jack-less approach is making the biggest waves, but Apple’s iphone 7 models underwhelmed some for another reason—a distinct lack of style – NYTimes and WSJ
Amazingly enough, Star Trek turns 50 this week (more amazing—it’s half as old as the national parks). Those of you with more than a little Trekkie in your heart should probably make a pilgrimage to Ticonderoga, NY, where an Elvis impersonator has recreated every set from the original series’ run – WSJ