from Breakingviews:

Dry powder may explode in buyout barons’ faces

December 18, 2014

By Jeffrey Goldfarb

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from Alison Frankel:

Terror victims to 2nd Circuit: Let case vs PLO go to trial next month

By Alison Frankel
December 18, 2014

The Palestinian Authority and the Palestinian Liberation Organization are scheduled to go to trial in federal district court in Manhattan next month to defend against claims by more than 40 U.S. citizens (or their survivors) who were injured or killed in attacks in Israel between 2000 and 2004. U.S. District Judge George Daniels has set jury selection to begin on Jan. 7 and opening statements to be presented on Jan. 13.

from Reuters FYI:

A 3-D printer your stomach can appreciate

December 18, 2014

Screengrab/REUTERS

Screengrab/REUTERS

 

Just like grandma used to make? Maybe not.

Now you can get your cookie fix from the cloud: A Spanish company has built a 3-D cookie printer that customers can use at home. The "Foodini" offers a way to avoid prepackaged, processed foods, company reps say, by creating elaborate treats that would be difficult to make by hand -- all using fresh ingredients.

from Financial Regulatory Forum:

Reversal of Dodd-Frank swaps rule ignores lessons from financial crisis, ‘London whale’

December 18, 2014

The decision by U.S. Congress last week reverse the so-called swaps ''pushout'' rule for certain derivatives contacts will put a greater responsibility on regulators to demonstrate they have effective oversight over bank activities of the sort that played a role in the 2008 financial crisis and 'London whale' trading debacle.

from Data Dive:

The oil train glut shows how little the Keystone XL pipeline matters

December 18, 2014

How important is the Keystone XL pipeline really?

When it comes to moving petroleum through the United States, the Keystone XL pipeline is the rock star of transportation modes, garnering an extra large share of attention from politicians, activists and the press. Just this week, Senate Majority Leader-elect Mitch McConnell announced that passage of a bill approving the pipeline will be his first order of business when the 114th Congress convenes in January. Opponents, meanwhile, point to environmental and safety concerns, often citing the adverse impact that the pipeline would have on climate change and  fossil fuel dependency.

from Breakingviews:

James Gorman can leave Brian Moynihan in slow lane

December 18, 2014

By Antony Currie

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from Breakingviews:

Swiss give positive lesson in negative rate policy

By Edward Hadas
December 18, 2014

By Edward Hadas

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from Morning Bid with David Gaffen:

Just the two of us

December 18, 2014

There was quite a bit of back-and-forth in the markets and among commentators over the Federal Reserve's alteration of its statement following Wednesday's meeting.

from The Great Debate:

U.S.-Cuba deal: What the two sides get out of it

By Peter Hakim
December 18, 2014

A vintage car drives by a mural showing Cuba's former leader Fidel Castro in Havana

President Barack Obama has inverted U.S. policy on Cuba. His Wednesday speech adopted the proposals of those who have spent a half-century arguing for a rethinking of Cuba policy. The president recognized Washington’s failure to achieve its goal of bringing political and economic openness to Cuba.

from MacroScope:

Putin faces the music

By Mike Peacock
December 18, 2014

Russian President Vladimir Putin attends a meeting at the Kremlin in Moscow

With a deep recession looming and the nose-diving rouble poised to push inflation through the roof, Russia’s Vladimir Putin faces the music at his end-of-year news conference when he will field questions from a studio audience as well as television viewers.