Your Daily Dose of Financial News

Demolition of an old house
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We’ve got details on China’s proposed trade peace deal along with thoughts on whether it’ll be sufficient to satisfy a White House that’s been itching for a fight – NYTimes and WSJ and Bloomberg

Time for our mid-week check-in with CES as we suss out the hits and misses of all that tech aims to bring our way in the coming year – NYTimes and Marketplace and Mashable

American Express revealed this week that it’s suspended a director in its forex department “as part of its ongoing investigation into pricing practices in the division” – WSJ

We’ve already this week considered the economic impact of the impending UK departure from the EU, and now we’ll look at the [mixed] messaging going along with the yet-to-be-determined deal/no-deal Brexit – NYTimes

Bloomberg gives us this nice look at how Silicon Valley old-timer PayPal’s managed to stay relevant “in the age of digital payments” – Bloomberg

Eddie Lampert and ESL’s bid to keep Sears alive—in some form at least—appears surprisingly NOT DEAD YETNYTimes and WSJ and Bloomberg and Law360

Markets have been behaving this week, but you wouldn’t know it by looking at the VIX  – WSJ

Let’s see how they react when the Fed’s December meeting minutes drop later today – WSJ

The OCC is urging patience with its Fintech charter ruling, telling a DC federal judge that a “state regulator group’s latest challenged to a proposed special purpose charter for financial technology firms once again ‘must wait’” until the agency has at least actually approved any charter applications – Law360

Fiat Chrysler is reportedly nearing a deal with the DOJ to resolve a 2-year criminal investigation into “whether it knowingly sold diesel vehicles that violated clean-air rules” – Bloomberg

Some Law360 analysis regarding the High Court’s decision to take up the issue of class action challenges to M&A activity in the form of shareholders claiming they were misled about tender offers  – Law360

Ahhh, the elusive Millennial consumer.  Well, maybe not that elusive.  All it takes is a nifty combination of bubbles, an ironic font, social media savvy, and the magical nonintoxicating hemp extract CBD.  Anyone can do it – NYTimes

MDR

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