And after all of that, Nelson Peltz will end up on P&G’s board after all. It was an unexpected finale to one of the “largest, priciest and nastiest corporate proxy fights in history” between P&G and Peltz’s Trian Fund Mgmt that officially ended after a recount that saw Peltz lose by a narrow margin yet be rewarded with a seat anyway – NYTimes and WSJ
The recent introduction (and already rapid spread) of bitcoin futures is prompting concern beyond mere volatility and into the troubling arena of manipulation. The Journal explains – WSJ
Our Uber-related bombshell of the week (and it’s early Monday morning) is the revelation from an ex-employee that the company allegedly “spied on key executives, drivers and employees at rival ride-hailing companies” in an effort to glean trade secrets from its competitors – NYTimes and MarketWatch
The final draft of the tax bill would include a flat 21% rate on corporations – Law360
Railroad giant CSX is facing a whole slew of uncomfortable questions after the unexpected death of its recently hired turnaround-specialist-CEO Hunter Harrison this weekend—both about the future of the company that’s leaderless while attempting to turn itself around and about how much its board knew about Harrison’s undisclosed illness when it brought him aboard in March – WSJ and Bloomberg
A spate of big banks have asked a New York state court for guidance in sorting out how they, as trustees for RMBS trusts, should “distribute the $4.5 billion they expect to receive soon from a settlement between JPMorgan and a group of investors in the trusts” – Law360
Bloomberg on the suggestion of recession hiding just behind the Fed’s sunny employment projections—aka, will the central bank’s more restrictive economic policy aimed at pushing unemployment higher actually trigger a recession? – Bloomberg
Early fallout from Bezos’s and retailers like Target and Walmart’s hard move into the grocery business appears to be traditional grocery giants eating losses in an effort to maintain customer loyalty. How long they can sustain that approach is the very interesting question that remains – WSJ
For the record, Brexit is not treating PM May kindly these days [and Boris isn’t helping the cause] – Bloomberg
We’re in a good mood as we’re heading into our mid-winter hiatus at the Daily Dose, so why not a little Dance in the Real World? The Times has a video 5-parter here for you to enjoy – NYTimes