Three former Tokyo Electric Power executives, including former chairman Tsunehisa Katsumata, have been cleared of negligence for the 2011 Fukushima nuclear disaster. Protestors had been calling for a guilty verdict, which would have come with five years' jail time. BBC
AT&T and DirecTV
AT&T is reportedly considering getting rid of DirecTV. The shrinking satellite business could be spun off or combined with rival Dish—or it might stay in the fold. Activist investor Elliott Management is keen for the telco to drop DirecTV. Wall Street Journal
FAA and Boeing
The Federal Aviation Administrator says he won't clear Boeing's grounded 737 Max for commercial takeoff until he flies one himself. Steve Dickson is due to visit Boeing's Seattle facilities today for a briefing on software updates to the aircraft's control system, which may have caused two fatal crashes. It is far from regular for the FAA chief to demand to fly a plane himself before allowing it to enter service. CNBC
President Trump reportedly made a "promise" to a foreign leader in a phone call that was so troubling that an intelligence community official filed a formal whistleblower complaint. Which foreign leader? What promise? Lawmakers would like to know, and the House Intelligence Committee will be questioning Intelligence Community Inspector General Michael Atkinson in a classified session today. Washington Post
What’s Driving Data?
An increasing number of companies are storing their data in the cloud, while, at the same time modernizing their data and analytics platforms. But what’s really driving this change? The cloud or a desire for transformation? Deloitte explores.
AROUND THE WATER COOLER
Why has Wall Street never had a female CEO? As Fortune's Claire Zillman writes, the banking world's male leaders claim they want more diversity, "but as women well know, what happens to a decades-long career inside an institution isn’t the result of big proclamations. It’s the result of a thousand tiny interactions and decisions. Some her choice, some not. Some assignments not offered, some cocktail parties not attended, some business trips not booked." Fortune
Canadian Prime Minister Justin Trudeau, who is fighting for reelection, has apologized for wearing brownface at a party some 18 years ago, when he was a teacher. Time published a photo of him at the party yesterday. He says "it was a racist thing to do" and he should have known better. Guardian
There's a struggle underway between China's government and its big tech companies, Tencent and Alibaba, over user data. Beijing wants the firms to hand over customer loan data for the benefit of a government-backed credit-scoring system, but they're not playing ball. The government previously revoked Tencent and Alibaba's permissions for developing their own credit-scoring systems. Financial Times
Trump vs Homeless
President Trump has threatened to sanction San Francisco for—he alleges without evidence—an increase in ocean pollution caused by the homeless. Bloomberg
This edition of CEO Daily was edited by David Meyer. Find previous editions here, and sign up for other Fortune newsletters here.