Coach is looking to appeal to a younger generation (hint, big sales running nearly all the time would help), and it’s decided that buying is the way to go, announcing yesterday that it’s snapping up Kate Spade for $2.4 billion – NYTimes and WSJ

The SEC’s opened a probe into bonds backed by single-family rental homes to determine whether the BPOs (used to value the underlying properties) were wrongly inflated – Bloomberg

Breakingviews suggests that Sinclair was willing to pay more than it should have  ($3.9 billion) for Tribune Media in service of a bigger goal—challenging Fox at its own game – NYTimes

JPMorgan is warning regional banks to get merging while the gettin’s good, because the Fed’s move to shrink its bond holdings could leave smaller banks short on deposits – Bloomberg

No dice for a former Citigroup banker trying to claim a portion of Deutsche Bank’s $7.2 billion toxic RMBS settlement under an FCA qui tam theory – Law360

If you saw high-premium business overtures rejected three times in a row, you might get a bit hostile, too – WSJ and Bloomberg

The Journal gives us a hot take on why a new agreement between two cable giants (Comcast and Charter) is really all about the phone industry – WSJ

South Korea’s family business empires, or chaebols, are incredibly good at staying in power, and the very skills that have helped them do so make them very difficult to break up—regardless of political intent – NYTimes

Because sometimes a post-mortem isn’t soon enough, Yale’s working on a real-time financial crisis feedback tool – WSJ

Don’t think that getting the little ones out for fresh air and a walkabout every day matters? Well, it does. And not just for everyone’s sanity. A new study suggests that getting sedentary kids to exercise daily could save more than $120 billion in health care an associated expenses in the US alone – NYTimes