Your Daily Dose of Financial News

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Strong quarters from tech giants Microsoft, Alphabet, and Amazon point to the power of the cloudNYTimes and WSJ

Now that NAFTA seems to have an at-least-momentary reprieve, let’s take a breath and take a look at the four major industries that would be affected by any big changes in the deal – NYTimes

Private equity firms, who for some time have complained that their shares are undervalued, are finally getting some love—interestingly enough, it’s taking coming in the form of hedge funds – WSJ

Fannie Mae shareholders have struck out in their attempt to hold Deloitte responsible for allegedly bad auditing that they claim led them to buying a bad stock –Law360

FPA Capital Fund isn’t being subtle when it comes to exchange-traded funds. It’s dubbed ETFs “weapons of mass destruction” and asserts that they’ve distorted stock prices and created the potential for a market selloff. But, you know, other than that . . . . – Bloomberg

The CFPB has filed an Illinois federal court lawsuit against tribal-owned online lenders, asserting that the companies “deceived customers by collecting debts they weren’t owed legally” – Law360

Wanted at Uber: CEO wrangler – WSJ

Barclays’ CEO Jes Staley is facing an uphill battle to reelection thanks to the efforts of proxy adviser ISS, which has expressed reservations about Staley’s efforts to unmask a whistleblower critical of the CEO – WSJ

Humans in North America a solid 100,000 years before their generally accepted appearance? Not exactly your run-of-the-mill scientific announcement. And given the complications of dating technology and the massive change the discovery implies if true, not exactly an uncontroversial one, either – Wired

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