Everything’s coming up Saudi these days, as Uber revealed this week that it turned to the Middle East for a $3.5 billion cash infusion from Saudi Arabia’s Public Investment Fund—the kingdom’s “main investment fund”—as part of the ride-hailing company’s recent financing round – NYTimes and WSJ and Bloomberg

The Fed is reporting in its latest beige book release that a tighter labor market may finally be pushing up wages – WSJ

The CFPB is out today with much-anticipated payday loan borrower protections that will require lenders to carry out “strict borrower reviews” in an effort to prevent debt traps – Law360 and NYTimes

Salesforce.com is putting up $2.8 billion to acquire the e-commerce specialist Demandware in a purchase that keeps cloud computing and online buying front and center – NYTimes

The 2d Circuit’s agreed with the government that Lynn Tilton’s challenge to the SEC’s in-house court system won’t fly – Bloomberg and Law360

That Court has also refused to certify several questions of law to NY’s highest state court as part of Morgan Stanley’s bid for a rehearing in a suit over at “$81 million mortgage loan it allegedly sold to investors despite hidden environmental risks to the underlying property.” MS’s bid for en banc review is still pending – Law360

As part of its continuing series on the state of modern banking, the Journal casts its eyes to the future (online payment systems in particular) and finds that China’s already there – WSJ

The Times looks at an alternative to the VC-mad start-up scene still rampant these days—the John Housman/Smith Barney approach (aka, bootstrapping): “they [raise] money the old fashioned way . . . they EARN it” – NYTimes

OPEC’s production ceiling appears to be back on the table (behind closed doors) – WSJ

Too much ink has been spilled already about Ms. Holmes and her fall from self-made [albeit largely theoretical] billionaire grace. Still, it’s awfully hard to ignore – NYTimes

Sheryl Sandberg won’t be leaning in to a mouse cap anytime soon – Bloomberg

Well, this is going to go down as one of the more interesting ways to be caught for credit card fraud – NYTimes