A look at the some of the losers—cities, mostly—in Amazon’s recent move to start collecting sales taxes in more states. The problem? While Amazon now collects sales taxes in every state that has one, it’s collection deals with those states don’t always extend to taxes assessed by local governments, leaving a bunch of them high and dry – NYTimes

The Journal explores the “long shadow” of GE Capital over GE, mostly in the form of the “not fully known . . . residual risks” that GE still holds years after it tried to dismantle its financial services arm – WSJ

Stepping back from the recent Delete Facebook fury to consider how a push for privacy from our tech overlords could mean big changes, especially for free-services providers like Facebook and Google – NYTimes and WSJ

For a primer on how trade wars develop and can rapidly escalate, consider this video on the banana wars that pitted the US vs. the EU – NYTimes

Meanwhile, behind the scenes, the US and China are quietly engaging in high-level talks that the US hopes will improve its access to Chinese markets and lead to something of a truce on trade issues- WSJ and Bloomberg and MarketWatch

Brexit D-Day is just a year away. But for the UK, nearly all major questions still remain unanswered – WSJ

SDNY Judge Colleen McMahon granted class cert last week to holders of “just three of the 35 American depository receipts originally named” in a suit accusing Citigroup and its affiliates of manipulating FX rates when providing dividends from foreign companies to ADR holders – Law360

Bank of America will pay the NY AG a $42 million fine and admit wrongdoing to resolve claims that it “fraudulently routed clients’ stock trades to outside firms”—a practice known as “masking” – Reuters and Law360

Your Daily Dose term of the week: SOFR (Secured Overnight Financing Rate). That is, the American reference rate being pitched as a Libor alternative – Bloomberg

Dropbox’s IPO last week defied an otherwise dismal week for the markets and closed up 36% on Friday, even as the tech sector nosedived.  The offering has raised $756 million for Dropbox – WSJ and NYTimes

Early reaction to the news that San Francisco Fed president John Williams could be taking over for William Dudley as head of the New York Fed has been far from universally positive – Bloomberg

Listen, you don’t top that 100 billion-burgers-sold mark without knowing exactly what you’re doing. And for McDonald’s, that means getting the psychology right, too – MarketWatch