The Hong Kong Exchange would like to buy the London Stock Exchange. It's approached the LSE with a surprise $36.5 billion cash and share offer; if the deal pans out, the Hong Kong Exchange would also apply for a London listing. The London Stock Exchange's share price popped 12% on the news. Wall Street Journal
Apple showed off a bunch of revamped gadgets yesterday, including three new iPhones (starting with a $699 iPhone 11) and a new iPad, but also unveiled very competitive $4.99-a-month pricing for its Arcade game-streaming service and TV+ video-streaming service. What's more, people buying the new i-devices will get a year's TV+ subscription for free. The downside, of course, is that the new TV+ service won't have as deep a catalog as pricier rivals such as Netflix and Disney. Fortune
Californian lawmakers have green-lit a bill ensuring that gig-economy workers, such as those who drive for Uber and Lyft, get holiday and sick pay. California's supreme court ruled last year that the workers should be considered employees; this law, Assembly Bill 5, would codify that decision if signed by Governor Gavin Newsom (who backs it). BBC
Exercise-bike maker Peloton will price its shares at $26-$29 in its upcoming IPO, which aims to raise up to $1.16 billion. At the high end of the range, Peloton would be worth $8.06 billion. CNBC
Two decades after big data entered the lexicon, many companies are still not making the most of their analytics, according to a Deloitte study. Those with a holistic model where all employees are responsible for data are more likely to exceed goals.
AROUND THE WATER COOLER
China has suspended some of its tariffs on American imports, including cancer drugs and lubricant oils. If it's a gesture of goodwill, it's a small one, as Beijing maintains hefty tariffs on major goods such as pork and soybeans. Financial Times
U.S. companies, stung by tariffs, are investing less in China, according to the latest survey of members of the American Chamber of Commerce in Shanghai. The redirecting of investments away from China seems to be speeding up. CNBC
Prime Minister Boris Johnson's suspension of the British Parliament is unlawful, a Scottish appeals court has ruled, overturning an earlier ruling that said the five-week "prorogation" of Parliament (which began yesterday) was kosher. The court said the prorogation was clearly designed to stifle parliamentary debate about Brexit. Johnson, of course, told the Queen it was about preparing a new legislative agenda, so did he lie to her? The case now goes up to the U.K.'s Supreme Court. Guardian
Now that President Trump has fired John Bolton (or now that Bolton has quit, depending on whom you believe), who will replace the über-hawkish national security adviser? A successor will be announced next week, and names in the frame apparently include former Bolton chief of staff Fred Fleitz, former acting natsec adviser Keith Kellogg, Mick Mulvaney adviser Robert Blair, and hostage envoy Robert C. O'Brien. New York Times
This edition of CEO Daily was edited by David Meyer. Find previous editions here, and sign up for other Fortune newsletters here.