Uber CEO Travis Kalanick’s indefinite leave of absence just got a whole lot more definite with news late yesterday that, bowing to pressure from shareholders, Kalanick has resigned from his post altogether – NYTimes and WSJ and Bloomberg

Global stock index provider MSCI announced yesterday that Chinese stocks will be included for the first time in its influential emerging markets benchmark, a move that “will make it easier to invest in China” and that signals a win for the Chinese government that’s been lobbying for the inclusion for years – NYTimes and WSJ and Bloomberg

With OPEC unable to rein in production from its member states (including the “seemingly ungovernable” Libya), the price of oil keeps dropping precipitously, falling another 2.2% yesterday to near $43/barrel – NYTimes and WSJ and Bloomberg

US oil production isn’t helping OPEC’s cause any, either – Bloomberg

Wells Fargo is making the case to N.D. Cal. Judge Jon Tigar that its unauthorized-accounts scandal may be many things, but a securities-fraud case it is not – Law360

Exxon Mobil is joining a group of other energy company giants in throwing its considerable weight behind a plan to tax carbon emissions as a “market-driven approach” to fight climate change that would replace Obama-era environmental regulations – NYTimes

An update from the DOJ’s fraud case against former American Realty Capital Properties CFO Brian Block, where former chief accounting officer Lisa McAlister accused the REIT’s then-CEO  Nick Scorsch of urging Block to massage an SEC filing “so a key earnings metric would match the company’s investor guidance.” Not a good look all around – Law360

Killer graphics, a little synth, and fixed income trading.  What’s not to love at 1985 Goldman? – YouTube