European antitrust regulators have dropped a massive $2.7 billion fine on Google for allegedly “unfairly favoring some of its own search services over those of rivals” – NYTimes and WSJ and Bloomberg

Sprint is reportedly entering exclusive talks with Charter Communications and Comcast, putting on hold its merger talks with T-Mobile to work on a deal that could help the cable giants’ plans to offer wireless service – WSJ

More on what Third Point’s stake in Nestle will mean [or not] for the future of the Swiss food giant – NYTimes and WSJ

Third Point’s move is also a sign that activist investors, finding the US market awfully crowded, are looking across the Atlantic to bring their special brand of disruption to bear – NYTimes

We also have further reflection on what Takata’s bankruptcy will mean for key stakeholders in Japan, the US, and China – NYTimes

Troubled Amtrak is hoping that transportation is transportation is transportation. Or at least, that former Delta CEO Richard Anderson’s years of airline experience will help the national passenger railroad find its way – NYTimes

Law360 breaks down the Supreme Court’s recent CalPERS decision that securities offerings suits are subject to strict limitations periods that can’t be extended by class-action filings – Law360

Despite a rough go of it lately in Germany (Bremer Landesbank) and Spain (Banco Popular), the CoCo market is holding up remarkably well – WSJ

It’s Martin Shkreli.  Who ever thought that something as simple as voir dire would be uncontroversial – NYTimes and Bloomberg and Law360

China’s marrying the long social tradition of public shaming with the latest in facial-recognition technology to make what was once “a specter of dystopian science fiction” a part of a daily social engineering experiment with real-life consequences – WSJ