Your Daily Dose of Financial News

Robins Kaplan LLP

P&G is banking on “a variation of America’s electoral arithmetic” as its best bet for keeping Trian’s Nelson Peltz away from its board.  So . . . we’ll see him on there soon [?] – NYTimes and WSJ

This weekend’s Fair Game had more thoughts on the shareholder voting process, including the difficulties facing individual investors in just plain understanding the process at all – NYTimes

While we’re talking board maneuvering, let’s take a look at what’s facing John Cryan over at Deutsche Bank—namely, Cryan’s apparent unwillingness to have any relationship with DB’s largest shareholder, controversial Chinese conglomerate HNA Group – WSJ and Bloomberg

New CEO John Flannery’s looking to put his mark on GE, and he’ll be doing so with an increasingly new management team – Bloomberg

Citigroup’s former subprime lender OneMain is in the middle of fielding takeover bids. While the terms of any potential deal aren’t clear, OneMain’s market value is somewhere around the $4 billion mark – WSJ

The long-anticipated gutting of Dodd-Frank appears to be taking shape, and a report released on Friday from the Treasury Department offers a guide to agencies such as the SEC and CFTC for the White House’s new approach to regulating Wall Street – NYTimes and AP

We know that Tesla’s Model 3 numbers were way off of the promised figures.  The Journal helps us understand why [blame the line] – WSJ

Some analysis of Friday’s “messy” jobs report that most agree wasn’t nearly as bad as the lost-33,000 jobs suggests – WSJ

Turns out that the written instance of “zero” came about 500 years earlier than we first knew, an event made all the more interesting when considering the mind bending it took to harness the void “as old as time . . . with a symbol” – 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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