Your Daily Dose of Financial News


Three weeks after his initial arrest, Japanese prosecutors have officially indicted former Nissan Chair Carlos Ghosn for understating his income by $43 million – Bloomberg and NYTimes and WSJ

Uber’s clearly not content to let Lyft have all of the public offering fun.  On the heels of its rival’s early IPO paperwork filing, Uber revealed that it, too, filed SEC paperwork to go public—a marked increase in pace after slow-playing its IPO plans for years – NYTimes and WSJ

Some analysis of last Friday’s lower-than-expected-but-still-strong jobs numbers, including the increasing difficulty that employers are having in finding the workers they need for open positions – NYTimes and WSJ

While we’re at it, anyone care for a recap of one of the worst weeks on Wall Street (as in down-a-trillion bad) in a long time? – Bloomberg

With all of that in mind, the Upshot sees economic storm clouds ahead in 2019. Which means the bigger surprise is not that markets are starting to show it, but that it’s taken them this long to do so – NYTimes

We’re learning lots more about why American prosecutors were so intent on having Canada nab Huawei’s CFO, Meng Wanzhou, last weekend. At a bail hearing for Ms. Meng last week, Canadian authorities revealed that the US believes top Huawei executive had “direct involvement” in alleged fraudulent behavior that violated US sanctions on Iran – NYTimes and WSJ and Bloomberg

The DOJ has charged student loan company CEO Brandon Frere with wire fraud for allegedly “running a phony student loan debt relief scheme” through Ameritech Financial to the tune of more than $28 million – Law360

Our Brexit check-in sees PM May likely to delay a “crucial vote” in Parliament on her EU-backed Brexit deal. The odds were looking pretty dismal for passage of the agreement (and, in turn, May’s political future) – Bloomberg and NYTimes

Facebook plans to spend $9 billion on share buybacks to make us forget about an especially bad few weeks and a difficult 2018 – Bloomberg and MarketWatch

Ten years removed from the unveiling of the massive Madoff Ponzi scheme, the Journal takes a look at an interesting side effect—the rise of what it’s dubbing “Whistleblower Inc.,” thanks largely to the SEC’s Office of the Whistleblower – WSJ

Bunge CEO Soren Schroder is out, and his departure is likely to kick off some heavy duty acquisition talk for the agribusiness company. Glencore and ADM are rumored to already be in the mix – Bloomberg

Oh, the complicated mess that is dating in the age of social media. How messy? Well, “orbiting” now means something very different than heavenly bodies circling the sun – NYTimes


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