The Upshot on whether we’re okay to straight up ignore the alarm bells clanging loudly in the bond market these days. Turns out, we might be—at least more than usual – NYTimes
The SEC’s opened an investigation into Elon Musk’s Tesla Motors over whether the electric automaker breached securities laws by failing to disclose to investors the fatal crash involving one of its cars in self-driving mode in May – WSJ and Bloomberg and Law360
Soooo . . . new master plan, anyone? – MarketWatch
Outgoing Chancellor of the Exchequer George Osborn and presumptive PM Theresa May both weighed in [even as David Cameron hummed his way out the door] yesterday publicly on the future of Britain’s place in the world economy by stressing its dual commitment to free trade and to actually leaving the EU. Good luck with all that – NYTimes
Turns out that trying to out-Ackman Ackman will earn you some name calling – Bloomberg
EU regulators are nearing completion of new rules to reform the $1.1 trillion global money market fund industry in Europe, more than 2 years after the US did so – Law360
Line, the Japanese messaging app company, has officially priced its IPO, with shares expected to start trading in NYC on Thursday. The initial price would place Line’s value at almost $7 billion, helping to make it the runaway top tech IPO of the year – NYTimes
The OCC is out with its semi-annual risk assessment report and the news that banks are softening commercial lending standards in bid to “pump up profits” – Law360
An unexpected board shakeup at the Hershey Trust—the charitable trust that controls the candy giant—is adding some drama to Mondelez’s recent pursuit of Hershey – WSJ
Well, no one’s seems all that enthused about it, but the S&P 500 just hit another record yesterday, and the “most hated bull market keeps chugging along” – WSJ and Bloomberg
So long Czech Republic (not as a political entity, this time). Hello Czechia. Forgive us if it takes a little time – Bloomberg
Your Tuesday challenge: feel your job even half as much as this woman does – TheBook
