OPEC has reached a tentative deal among its 14 member nations to “modestly cut” their oil output toward the end of the year in an effort to shore up sagging oil prices–an announcement that immediately sent global oil prices up 5% – NYTimes and WSJ and Bloomberg

California’s Treasurer has taken the “unusual step” of suspending many of its ties with Wells Fargo (HQ’d in San Francisco), as fallout from the bank’s cross-selling scandal continues. The suspension means that for at least a year Wells won’t be permitted to underwrite certain California muni bonds – NYTimes and Bloomberg and Law360

More fun for Wells CEO John Stumpf today, as it’s the House’s turn to have at him.  Here are a few things to keep an eye on – WSJ

Shareholders from SABMiller and Anheuser-Busch In Bev have clinked glasses and made it official, approving a deal valued at more that $100 billion to create a beer-dispensing behemoth – NYTimes and Marketplace

Hank’s time in the hot seat wasn’t nearly as tame yesterday as it was the day before – Law360

Fed Chair Janet Yellen was on the Hill yesterday before the House Financial Services Committee. Besides offering her take on the state of the US economy and timing of the Fed’s next rate hike, Yellen also faced pointed questions about the Fed’s handling of the Wells Fargo scandal – NYTimes and WSJ

Google’s next bid to remain an indispensable part of our lives will likely take the form of a “Star Trek-computer-like” device called Google Assistant that it [honestly] anticipates will be a “predictive, all-knowing, superhelpful and conversational assistant.”  You know, like Hal.  But less evil – NYTimes