Good Wednesday. Here’s what we’re watching:

• The fallout from the Presidents Club dinner is growing.

• An awkward dinner shared by Travis Kalanick and Dara Khosrowshahi at the World Economic Forum.

• Qualcomm’s big fine by the E.U.

• Tech giants’ struggles in Washington.

• The fight atop Och-Ziff.

• Katerra, a construction start-up, wins the backing of the SoftBank Vision Fund.

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The fallout from the Presidents Club charity event

The Presidents Club dinner was a little-known charity event held at the posh Dorchester Hotel until yesterday, when the FT published a scathing investigation into the all-male-attendee event. What the news outlet discovered from its undercover reporting was what it described as a bacchanalia filled with drinking — and the groping of women hostesses.

From the article by Madison Marriage, who said she, while working undercover, had been harassed:

All of the women were told to wear skimpy black outfits with matching underwear and high heels. At an after-party many hostesses — some of them students earning extra cash — were groped, sexually harassed and propositioned. The event has been a mainstay of London’s social calendar for 33 years, yet the activities have remained largely unreported — unusual, perhaps, for a fund-raiser of its scale.

Here’s what Anne Milton, an education minister, said of the event in a session of Parliament today:

“There is an association between rich, wealthy people and this sort of behavior. It is quite extraordinary to me that in the 21st century allegations of this kind are still emerging. People need to know there is a line and where it is. This is also about attitude.”

The responses

• The Presidents Club said that it would not host any more events.

• WPP, which had bought a table at the event over the years, said early today that it had ended its association with the event.