And just like that, Uber’s ride-hailing war in China is over (for now, at least).  Uber has agreed to sell Uber China to rival Didi Chuxing [though maintaining a 20% stake in the new company], creating a new company worth an estimated $35 billion – NYTimes and WSJ

The Deal Professor unpacks Verizon’s acquisition of Yahoo’s core components with a particular focus on what it means for the Yahoo shareholders (who really don’t have much say at all in the matter) – NYTimes

The recent Unilever billion-dollar acquisition of Dollar Shave Club isn’t just a sign of the rise and disruptive power of start-ups—it’s an indictment of the current IPO environment in which companies appear more comfortable selling themselves to than going public – WSJ

Speaking of start-ups, why not bring some of that disruptiveness to the normally staid 401k world? – WSJ

A leaked internal memo (and an accompanying Times long read) is giving us a picture of the not-so-sweet internal workings of the Hershey Trust board (and at the Milton Hershey School) – NYTimes

Some results and analysis from the latest round of stress tests conducted by European financial regulators – Law360

With JPMorgan’s recent departure from the field, BNY Mellon is now the lone firm handling the settlement of US government debt for big bond brokers.  The Journal looks at why this new monopoly is risky – WSJ

In yet another deal showing the increasing importance of online gaming, a Chinese consortium is pouring $4.4 billion into a bid for Playtika, the social and mobile games unit of Caesars Interactive Entertainment – NYTimes and Bloomberg

Nasdaq’s “golden leash” rule—aimed at illuminating the tactics of activist investor campaigns—kicks in today.  Here are 3 things to know – Law360

Banks, trustees, rating agencies—all have faced their fair share of litigation stemming from the Great Recession. Now, the auditors are in the cross-hairs, and a Miami-based state court trial against PwC set to kick off today will likely say a lot about exactly how much responsibility auditors have for catching fraud – WSJ

A look at how a low-yield bond market has helped stocks soar of late – NYTimes

It’s a Monday, so why not get into some nuclear physics, right?  An experiment in an underground observatory in Japan has revealed a tiny anomaly in neutrinos that may explain why matter dominates antimatter in the universe.  So, you know, welcome to August – Wired