Your Daily Dose of Financial News

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Remarkably, it’s Jobs Report Friday again. Here’s what to look for in the numbers – NYTimes and WSJ and Bloomberg

Some day-after reaction to Cigna’s big play for Express Scripts – WSJ and MarketWatch and Bloomberg

No US? No big deal. At least when it comes to the once-and-future TPP pact, which Japan, Canada, Australia, and 8 other US allies signed yesterday in Santiago, Chile – NYTimes

Dealbook’s Common Sense column takes the long view when it comes to the United States and trade wars. Spoiler alert—not our best efforts – NYTimes

Wynn Resorts will pay Universal Entertainment a total of $2.6 billion to resolve ongoing litigation over Wynn’s alleged forcible redemption in 2012 of Universal shares at a 30% discount – WSJ and Bloomberg and Law360

Meanwhile, Wynn has other legal concerns, including the state of Oregon’s claims over purported fiduciary duty failings by Wynn’s board concerning the cover up of sexual misconduct allegations against former CEO Steve Wynn – Law360

The mightily struggling Toys R Us is reportedly evaluating offers to liquidate all of its US locations, just weeks after announcing that it would shutter more than 200 locations – WSJ and Bloomberg

Ear-piercing epicenter and mall mainstay Claire’s will soon be joining Toys R Us in the bankruptcy world, with lenders Elliott Capital and Monarch set to assume control as part of the filing – Bloomberg

Merrill Lynch has agreed settle SEC claims that it “didn’t do enough to investigate red flags at a Chinese company whose unregistered securities it sold” for $1.4 million – WSJ

But what’s a measly $1.4 mil when we’ve got billions to address.  Namely, the $2.38 billion that Lehman Bros. bankruptcy estate will fork over to investors in the toxic RMBS that Lehman packaged and sold during the housing bubble – Bloomberg and Law360

The Times takes a first step towards correcting almost 170 years of obit wrongs with this series on 15 overlooked but utterly deserving women – NYTimes

Have a great weekend.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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