Your Daily Dose of Financial News

Robins Kaplan LLP

The Upshot breaks down Friday’s job report and finds a “basically healthy” economy – NYTimes

Here’s the Journal’s take, perfect for you chart-lovers out there – WSJ

In a closely watched battle over the DOL’s new fiduciary rule for retirement account investment advisers, the Labor Department has scored an early first victory. A DC federal judge ruled late last week that the rule at issue was promulgated “after an adequate analysis and within the agency’s authority” – Law360

Repatriating America’s lost trillions in untaxed out-of-US profits may be closer to a bipartisan reality (and one of the few issues that can claim that label) – NYTimes

Beijing is reportedly considering weakening restrictions on Wall Street-run investment banking on the mainland—a “long-awaited” step that could help some of the world’s biggest financial firms crack China’s much-sought-after domestic market – WSJ

An influential shareholder adviser, Institutional Shareholder Services, has backed the controversial Tesla/Solar City merger, providing a much-needed shot in the arm for Elon Musk’s grand vision – NYTimes

Whoever emerges victorious on Tuesday night (and man, let’s hope it’s all over Tuesday night) will face a bond market “approaching a turning point [that] has implications for everything the candidates want to tackle, from infrastructure spending to national security to tax cuts” – Bloomberg

The latest from the Volkswagen emission scandals includes an investigation that’s widened to include VW’s very highest executives – NYTimes and WSJ

An interesting story about how one ship managed to push Canada’s trade deficit to its highest level ever – Bloomberg

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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