We reported last week on the additional $2 billion that Uber took in through the leveraged loan market. Andrew Ross Sorkin gives us an interesting reason for why Uber’s still got its hat in hand ($15 billion cash in hand and counting at the moment). It’s far less about a rainy day fund and far more about starving the competition – NYTimes
Fed Chair Janet Yellen’s on the Hill today. It’s not expected to be a day of warm fuzzies – WSJ
As promised, more on the Brexit. This time, with a distinctly historical bent – NYTimes
Also, its impact on London-based IPOs and market liquidity – NYTimes
And while we’re at it, there’s the scary prospect of a sterling crisis – WSJ
Paul Singer’s Elliott Management hedge fund is teaming with PE firm Francisco Partners to buy Dell’s software business. No price was disclosed, but estimates put a roughly $2 billion price tag on the deal – NYTimes
DAO breach aside (mere “growing pains,” according to the digital currency enthusiast Winklevii), bitcoin rival Ether appears to be growing in stature – WSJ
Volkswagen’s already taken it on the chin over its emissions software scandal. But the fun’s not over for its former CEO Martin Winterkorn, who’s now facing a German investigation over market manipulation allegations – Law360
Results from a new round of big bank stress testing are expected out this week, and the Journal suggests that Bank of America and Citi have reason to be concerned about the results based on their dividend payouts – WSJ
The SEC’s approval of the IEX stock exchange appears to be part of a wider reevaluation of Reg NMS and the high frequency trading space – Law360
Don’t look now (actually, you can’t—not quite yet), but emojis are going corporate – NYTimes
Best not to attend to toddlers [future kings be damned] when the Queen’s around – Huffington Post