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A Tuesday Times op-ed accuses Wall Street of “fleec[ing]” American pension plan, mutual fund, and insurance policy investors by routing orders to particular exchanges in return for “rebates”—fractions of cents for each trade that end up totaling billions each year – NYTimes
John Deere: tractor and power equipment mainstay. Yes. John Deere: lender and short-term credit supplier? Increasingly, again, yes – WSJ
Andrew Ross Sorkin gives us some of his insider Dealbook treatment in this profile of P&G’s current thorn in the side, Nelson Peltz, who prefers the term “highly engaged shareholder” to the more popular “activist investor” or even “corporate raider” – NYTimes
CEOs do their best to put their fingers on the millennial pulse (and wallet) – WSJ
Just weeks after announcing that it will no longer “defend the validity” of the fiduciary rule’s anti-arbitration condition, the Department of Labor has taken steps to withdraw filed documents that once supported the provision along with its cross-motion for SJ in its current D. Minn. dispute with Thrivent Financial – Bloomberg BNA
AMC’s doing its best to avoid the trials of its Chinese parent company’s owner Dailan Wanda, who borrowed heavily to finance global deals and has in recent weeks found himself on the outs with the Chinese government and reportedly cut off from additional funding – NYTimes
Looking to spice up that everyday mustard? McCormick sure is. And it’s ponying up some serious cash (the deal is worth $4.2 billion) to make it happen – NYTimes and WSJ and Bloomberg
Never good when describing the market in which one’s own product is competing as a “ticking time-bomb” – Bloomberg
Richard Simmons built a whole franchise around it. But sweat for sweat’s sake isn’t really the prize – NYTimes