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Activist investor Carl Icahn has taken a sizeable stake in Bristol-Myers Squibb, a move that reportedly caught execs at the drugmaker unawares and sets the stage for a potential sale – WSJ

The Deal Professor considers the impact that rising nationalism is having on multinational companies [and deals] – NYTimes

Does that reasoning apply to chicken?  We (and Popeye’s) will have to wait and see – NYTimes

Fed minutes are out today, and they’ll be closely read for signs of when rates are likely to go up again – WSJ

We’ve been keeping our eye on the auto loan market for some time now.  Bloomberg’s joining the chorus, warning that the country’s auto debt hit a record in Q4 2016 and may be a cause for concern – Bloomberg

HSBC, fresh off news of  a $4.2 billion Q4 loss, has disclosed a new investigation by the UK’s FCA over the bank’s alleged failure to stop money laundering – Law360

Wells Fargo has terminated four managers from across the country for their role in the fake account/cross-selling scandal – WSJ and Bloomberg and Law360

Which made for a tough Tuesday, especially given news from the Supreme Court that the embattled bank would have to face False Claims Act allegations under last summer’s Escobar standard – Law360

Here’s a pretty cool look at the transformative power of good architecture, with small-town Mississippi as a case study – NYTimes

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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