Your Daily Dose of Financial News


Martin Shkreli’s mouth (or his thumbs, at least) have landed him in jail while he awaits sentencing for his fraud conviction – NYTimes and WSJ and Bloomberg and Law360

The White House announced its intention yesterday to blocked a China-backed investor from buying American semiconductor maker Lattice over national security concerns. The “rare move” could “signal more aggressive scrutiny of China’s deal-making ambitions” – NYTimes and Bloomberg and Law360

Meanwhile, across the Pacific, China is prepping a sale of $2 billion in US Dollar-bonds, its first sale in more than 10 years—all part of an effort, it appears, to “rebuild investors’ trust” – WSJ

Say what you will about the rise of fintech and cryptocurrencies, but for the power of old-school financial institutions, look no further than the staggering hit bitcoin and its peers have taken after Jamie Dimon unloaded on them – MarketWatch

Saudi Arabia is reportedly preparing plans for delaying the hotly anticipated Aramco IPO until 2019. Saudi officials are taking pains to stress that any delay would only be a matter of a few months – Bloomberg

Barclays has succeeded in its bid for summary judgment on investors’ class action claims that it misled them before a 2008 $2.5 billion notes offering. SDNY Judge Paul Crotty’s decision wraps an 8-year battle over alleged omissions by Barclays and its underwriters – Law360

Gretchen Morgenson and Fair Game take a look at the Equifax breach scandal, and she’s a lot more worried about consumers than she is about the company’s execs – NYTimes

Everyone seems to love LaCroix.  No one seems to know what’s in it – WSJ


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