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With politics swirling around in the background, the AT&T/Time Warner mega-merger is still up in the air, with DOJ antitrust officials still working away (8 months after the deal was announced) to determine whether competition laws would prevent AT&T’s $84.5 billion bid from going through – NYTimes

The Journal gives us a timely primer on the important terminology of the new DOL fiduciary rule – WSJ

Breakingviews likes Berkshire’s interest in Oncor, but it thinks that Mr. Buffet may need all of his “folksy charm” (and a solid $9 billion in cash) to pull off the deal – NYTimes

Big banks going biometric are betting on smartphones as the vital link between customer and cash – WSJ

This shift to smartphone-based services is less surprising in light of a recent OCC semi-annual risk perspectives report, which listed competition from fintech firms (as well as lowering underwriting standards) as the biggest risks facing the traditional banking sector – Law360

Bloomberg thinks that a British breakfast is a pretty good microcosm for the financial impact that Brexit will have on the UK.  (And it’s not pretty) – Bloomberg

Some analysis of Friday’s better-than-expected job numbers – NYTimes and WSJ

The latest from the Shkreli trial, including some “scam artist” testimony from one of the pharma bro’s former analysts – Law360

More on the booming initial coin offerings market, the new trend capitalizing on the popularity of cryptocurrencies that’s putting IPOs to shame – WSJ

A not-so-light summer reading list from the fine people at MarketWatch – MarketWatch

The Times gets technical when considering the staying power (and enduring brilliance) of Jane Austen – 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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