A no-deal Brexit wouldn’t merely be a disaster for PM May’s government. It would wreak definite havoc on UK-based companies (and those that do big business there). Here’s what they’re sweating at the moment – WSJ
Quick update related to the Juul announcement earlier this week restricting some of its advertising and bricks-and-mortar offerings. The FDA stopped short of “its threatened ban of flavored e-cigarettes,” but it will restrict the areas of stores in which they can be sold, and it will move to ban menthol cigarettes and flavored cigars—the agency’s “most aggressive action” against the tobacco industry in a decade – NYTimes and Bloomberg
We’ve talked plenty about what Tesla 3 production delays have meant for the company and for Elon Musk. But what about for those customers patiently awaiting their pre-ordered babies? A mess, to put it very mildly – NYTimes
Still, better than being stuck waiting for that ride in space, and Musk’s SpaceX appears to be doing a pretty good job of avoiding that – Bloomberg
Citibank and JPMorgan will pay $21 million to resolve putative class action allegations that they conspired to manipulate SIBOR (Singapore’s Interbank Offered Rate) between 2007 and 2011 – Law360
The Senate has voted to add Miki Bowman, the “scion of a rural banking family who currently serves as Kansas’ state bank commissioner,” to the Federal Reserve Board of Governors for a term that expires in 2020 – WSJ
Lest you think that the current GE malaise have slowed the main who helmed the company for almost two decades, know that Jeff Immelt, now chair of Athenahealth Inc., has been keeping very busy. Among other things, he helped broker the deal that will see his new company sell itself to Elliot Capital Mgmt and Veritas Capital for $5.7 billion – Bloomberg
Seattle’s lessons for Northern Virginia and Queens on the “prosperity bomb” that Amazon brings to town – WSJ
Dealbook’s Common Sense offers up its own take on Amazon’s HQ2 news, finding, like many others, quite a bit in which to be disappointed by the choices – NYTimes
New York’s appeals court has revived a shareholder derivative action against HSBC filed after the bank “paid a $1.9 billion fine over money laundering.” The court found that the recently decided Davis v. Scottish Re Group meant that plaintiffs didn’t have to “first obtain permission from England’s High Court to file suit” – Law360
Wells Fargo unveiled plans yesterday to cut about 1000 jobs across its consumer-lending and tech-payments units—all part of a workforce reduction announced earlier this year – Bloomberg
Tech stocks recovered a bit yesterday, but for Bitcoin, the disastrous 2018 just kept right on running. The virtual currency slipped below $6k, which means it’s down more than 60% for the year – WSJ
I’ve been a komodo dragon fan ever since its star turn (sort of) in 1990’s underrated “The Freshman,” so I’m enjoying this Times’ feature that notes that despite their sharp teeth, poisonous venom, and impressive length, the dragons are not all that threatening because, essentially, “they are real homebodies” – NYTimes
