We learned about KraftHeinz’s offer to merge with Unilever only after it had been rejected.  And now it appears to be off the table completely—all $143 billion of it – NYTimes and WSJ and Bloomberg

As  its offering date draws ever closer, Snap has decided to get out there and tell its own story to potential investors – NYTimes

The administration’s SEC pick, Jay Clayton, has deregulation on his mind – WSJ

Another win for the DOL in a Kansas-based battle over its fiduciary rule for retirement account advisers – Law360

What are the kids up to these days.  Well, for starters, “house party” doesn’t mean at all what you might think anymore. A fascinating look into live chilling via Fam, Kik, and yes, Houseparty – WSJ