Uber’s troubles over the past few months have been well documented (here, among many other places). Still, this weekend’s news that the ride-hailing company’s board is considering a three-month leave of absence for CEO Travis Kalanick (and the departure of top exec Emil Michael) was unexpected, and it hints at just how troubled the Uber culture really is – NYTimes and WSJ and Bloomberg
The Fed meets this week and is expected to raise short-term interest rates for the fourth time since December 2015 (though it remains to be seen if the move will have the desired effect of cooling down Wall Street) – WSJ
The departure of Matt Zames, JPMorgan’s COO and once-heir apparent, appears to have thrown an at-least-momentary wrench in JPM’s succession planning – NYTimes
The same can’t be said for GE, which today announced that John Flannery will take over Jeff Immelt’s role as companywide CEO in August—a move likely motivated in part by the pressure GE’s been feeling from activist investor Trian Fund Mgmt – WSJ and Bloomberg
The Journal catches up with the IEX crew after its first year as a full-fledged stock exchange and finds them struggling to grow beyond niche status – WSJ
Exxon’s pushing back against NY AG Eric Schneiderman’s recent demand for company documents and his questions about the energy giant’s evaluation of its oil and gas assets in light of anticipated climate change regulations – NYTimes
Word on the street is that subprime-mortgage brokers are again in high demand—especially for “small and midsize independent lenders” looking to lend to less-than-perfect home buyers – WSJ
Are we less than 20% through the 21st century? We are. Did that stop the Times from opining on the top 25 films of the century? It did not. Read on to see how the list works for you (and, maybe, to add a few to the queue) – NYTimes