After a few false starts, OPEC has reportedly reached a deal to limit oil production by about 4.5 percent beginning in early 2017.  The news sent oil prices way up, though there’s no telling whether that will last – NYTimes and WSJ

Even as auto lending continues at near break-neck pace, regulators are expressing concerns about the rise (again) of subprime delinquencies from borrowers. The trend, at a time when the US economy is doing relatively well, points to loosened lending standards – NYTimes

Finra has fined Merrill Lynch $7 million for “inadequately supervising its customers’ use of leverage,” including on some Puerto Rican securities – Law360

Steven Cohen and his former hedge fund SAC Capital Advisors have reached a $135 million class-action settlement with investors in Elan Corp. The agreement bumps legal costs related to the SAC insider-trading cases to nearly $2 billion – WSJ

Still a little confused about the rather stunning [and revolutionary] rise of Snap, Inc.?  This’ll help – NYTimes

C’mon Valeant—how are you still not minding the GAAP – WSJ

Facebook’s Sheryl Sandberg is adding an emphatic Give Back to her already-famous Lean In routine – NYTimes

The Times gives us a great look at the oldest cornerback in the NFL (by 5 years!), Viking Terence Newman, and the secrets to his longevity – NYTimes