Keep your head in the sand; the Greek crisis isn’t over yet. Greece swapped out its finance minister for a new one Monday, hoping this one is better liked. An emergency euro summit will be held Tuesday to talk more about next steps. …Oil prices plummeted 7.7% Monday, marking their biggest decline in more than three months. Volatility in China, Greece, and U.S. talks with Iran have everyone on edge. …Stocks were down too as the U.S. market reopened after the Friday holiday. The Dow Jones Industrial Average was dipped 0.3%, the S&P 500 was down 0.4%, and the Nasdaq Composite fell 0.3%.
Saved in a flash. Sergey Aleynikov, a former Goldman Sachs programmer, has been exonerated again for taking Goldman’s high frequency trading code to a new job as a judge overturned a previous ruling. The judge said that there wasn’t enough proof that Aleynikov had a “tangible” reproduction of the code or that he benefited from it. Bloomberg
Eric Holder back in private practice. The former U.S. attorney general Holder has returned to Covington & Burling as a partner, after leaving to work for the Obama campaign and administration. Holder joined Covington in 2001 as a partner, working for clients including UBS and Chiquita Brands. New York Times
Boston bomber wants new trial. Condemned Boston Marathon bomber Dkhokhar Tsarnaev filed a motion Monday to seek a new trial, citing a lack of evidence. Death row inmates often tie up legal procedures for years. Just three of the 74 sentenced to death for federal crimes in the U.S. since 1998 have been executed. Reuters
Chicago rocked by violence. The holiday weekend left 10 people dead and more than 50 wounded from gun violence in Chicago. One of the victims, 7-year-old Amari Brown, was shot in the chest by a bullet meant for father, a known gang member. The shootings were down from last year when 16 people were killed and 80 more were injured. BBC
Your frappuccino is getting more expensive. Starbucks is eking up prices Tuesday by 5 to 20 cents, depending on the beverage. Brewed coffee will go up by 10 cents in most areas of the U.S. The coffee-king last raised prices about a year ago. AP
Oreo is getting skinny too. Forget double-stuffs, Oreos are now slim. New “Oreo Thins” will be 140 calories for four cookies, compared to 160 calories for three regular Oreos to appeal to the weight-conscious. Sales for the Oreo Thins have taken off in China already. Clearly no one is using the smaller cookies as an excuse to just consume more. Time
Photo: mihoda via Flickr.