The Euro was up [though European markets largely shrugged] after a big win for newcomer Emmanuel Macron in French presidential elections yesterday – WSJ
Local-TV powerhouse Sinclair Broadcast Group isn’t all that well known outside of the Baltimore area, but it’s making a big play for the national stage as it nears a deal to buy Tribune Media—the former “Tribune empire’s television arm” that includes Chicago’s WGN and NY’s WPIX – NYTimes and WSJ and Bloomberg
Comcast and Charter Communications are working on a wireless partnership that reportedly includes an agreement between the two not to make “a material merger or acquisition in wireless without the other’s consent for one year” – WSJ
JC Penney will fork over nearly $100 million to settle a lawsuit with a class of investors who accused the retailer of making misrepresentations about its financial health – Law360
The Times gives us an inside look at the “trickery” behind VW’s emissions cheating and related cover-up – NYTimes
In the 9th Circuit, when it comes to securities fraud, there’s misrepresenting and then there’s MISREPRESENTING. Under the Supreme Court’s Omnicare decision, the former doesn’t cut it – Law360
A Bay Area federal judge is allowing a shareholder derivative action to proceed against Wells Fargo’s board after finding that plaintiffs had “sufficiently alleged that the board ignored evidence of unauthorized account generation” – Law360
Fair Game takes on recently unveiled Choice Act’s impact on the ratings agencies, including its interesting double whammy of rolling back Dodd-Frank “accountability measures” over the RAs while protecting the big three existing agencies from competition by maintaining the NRSRO status quo – NYTimes
Has it been an easy road for Michigan’s women’s club hockey team? Please. But don’t bet against hockey women. Ever – NYTimes