A judge just shot down the FTC’s attempt to block the Microsoft-Activision merger. But the UK’s regulator is still holding things up. We’ll explore what it means for both Microsoft and the fate of future deals.

Plus, 3M has been one of the biggest drags on the Dow so far this year, as it faces litigation and potentially huge costs. But is the bad news already priced into shares? We’ll ask an analyst who just upgraded the stock.