Other people's business, Friday 11 May.

Coty advances on Avon.

1. Jamie Dimon’s Ahab meets his Moby Dick (Reuters)

PMorgan’s Ahab has met his Moby Dick, writes Antony Currie.

2. Jamie Dimon makes a drama out of a credit crisis (Financial Times)

JP Morgan’s sudden conference call to disclose, and to try to explain, the $2bn trading loss that it racked up in only six weeks was one of the most absorbing bits of live financial theatre since the 2008 crash, writes John Gapper.

3. Coty’s freshened offer hard for Avon to resist (Reuters)

Coty is making its advances harder for Avon Products to resist, writes Agnes T. Crane.

4. True oil independence is an unrealistic dream (Washington Post)

Over the past few years, the United States has experienced a boom in oil and gas production, writes Brad Plumer.

5. Boardroom botches call for checklist fix (Reuters)

If checklists can save lives, surely they can help shareholders, writes Jeffrey Goldfarb.

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Quiz: Can you identify fake news?

The furore around "fake" news shows no sign of abating. Can you spot what's real and what's not?

Hillary Clinton has spoken out today to warn about the fake news epidemic sweeping the world. Clinton went as far as to say that "lives are at risk" from fake news, the day after Pope Francis compared reading fake news to eating poop. (Side note: with real news like that, who needs the fake stuff?)

The sweeping distrust in fake news has caused some confusion, however, as many are unsure about how to actually tell the reals and the fakes apart. Short from seeing whether the logo will scratch off and asking the man from the market where he got it from, how can you really identify fake news? Take our test to see whether you have all the answers.



In all seriousness, many claim that identifying fake news is a simple matter of checking the source and disbelieving anything "too good to be true". Unfortunately, however, fake news outlets post real stories too, and real news outlets often slip up and publish the fakes. Use fact-checking websites like Snopes to really get to the bottom of a story, and always do a quick Google before you share anything. 

Amelia Tait is a technology and digital culture writer at the New Statesman.