We’re glad the steak dinner went well, but we’re also still anxiously awaiting actual details about what exactly is covered by the pause in the US/China trade war – NYTimes and Bloomberg
The markets were less concerned about the finer points, it would seem – NYTimes and WSJ and Bloomberg
DC Federal District Court Judge Richard Leon has thrown something of a wrench in the DOJ’s approval of CVS Health’s $70 billion acquisition of Aetna, revealing in a Monday hearing that he may require the merged firm to “hold Aetna’s assets separately while he considers the settlement between the companies and the government” – WSJ and Law360
A closer look at Fed Chair Powell’s comments last week on planned rate hikes and the meaning of “neutral” reveals a distinct lack of commentary about a changed economic outlook from the Federal Reserve. So. We’ll be watching his upcoming congressional testimony this week all the more carefully – WSJ
NY’s AG Office has opened a probe into “potential abuses by finance firms that offer quick money to small businesses nationwide”—a side effect of a recent Bloomberg series on the punishing use of confessions of judgment by many of these lenders and the brutal results that follow for the borrowers – Bloomberg
The Supreme Court took up the “distinctions between conduct and statements during oral arguments Monday” in a case in which the SEC has accused an investment banker of violating Rule 10b-5(a) and (c). The case is Lorenzo v. SEC, and it’s at the High Court on appeal from a D.C. Circuit opinion in which then-Judge Kavanagh dissented – Law360
E&Y chair Mark Weinberger has announced that he’ll be stepping down, effective July 1, 2019. The accounting giant will name his successor in January – WSJ
Marriott International is facing “at least a dozen putative class actions” in the US and Canada following its announcement last week that hackers had stolen the information of about 500 million of its Starwood guests – Law360
Meanwhile, Q&A website Quora announced late last night that it was the victim of a data breach affecting 100 million users – WSJ and NYTimes
After a rough roll-out, it now looks as if controversial new CFPB director Kathy Kraninger is on her way to confirmation. The details – Marketplace
Altria’s recent diversification buying spree may not be over, with news that the tobacco giant is in talks to acquire Canadian cannabis producer Cronos Group, the country’s fourth-largest marijuana company by market valuation – Bloomberg and MarketWatch
What happens when “I yam what I yam” means something altogether new? It looks like we’re soon going to find out, thanks to YouTube and a new series of comic strips that will hit papers (and digital media, presumably) in 2019 – NYTimes