With complaint piling up, Fannie Mae has decided to stop selling REO properties to Vision Property, the rent-to-own home business that’s been the subject of predatory-lending investigations of late – NYTimes

Mere investigation no more: the US has sued Fiat Chrysler over the automaker’s diesel emissions-cheating software – WSJ

Target has agreed to pay $18.5 million to 47 states and DC to resolve state attorneys general claims related to its massive 2013 data breach – NYTimes and WSJ

Mining and energy giant Glencore is making a bid for US commodity company Bunge Limited, a move that would give it a good-sized foothold in America’s ag market – NYTimes and WSJ

Defining damages was the name of the game yesterday at a nearly four-hour oral argument in a putative investor class action against megabanks like Goldman and BofA over accused collusion aimed at blocking startup trading platforms from “entering the giant market for interest rate swaps” – Law360

The Journals next take on quants: insurance—the antidote to the algorithm revolution – WSJ

Yes, the Elliott proxy war is over, but Arconic’s still facing serious challenges in its efforts to cut costs and streamline its management structure – WSJ

Though some of its “finer details” remain up for review, the DOL fiduciary rule will indeed to into effect on June 9—this according to new Labor Secretary Alexander Acosta – NYTimes and WSJ and Law360

Routine criticism of non-traded REITs be damned, apparently. Blackstone’s getting into the scene in a big way – WSJ

A.O. Scott gives us a controversial “best Bond” take on the occasion of the passing of Sir Roger Moore – NYTimes