* Felix Salmon: Cat bonds wouldn’t have helped the Philippines

* Influence web: J.P. Moran’s fruitful ties to member of China’s elite

* Yellen’s opening statement: We’ve made progress, but not done yet

* Morning Call: U.S. futures climb, Europe rebounds and Japan rises.

* Elias Torres: Why I stopped coding

* #Canceled: J.P. Morgan scraps its Twitter Q&A

* Amazon’s Greatest Weapon: Jeff Bezos’s paranoia

* Unwelcome record: U.S. diabetes diagnoses hit new high

* Brad Tuttle: Daily deal sites are giving up on daily deals

* Google is everywhere: Eric Schmidt joins board of The Economist

* Get Term Sheet: Sign up for our daily email on deals & dealmakers

* Judge Jed Rakoff: Why have no high-level bank execs been prosecuted?

* Tweet of the day: @MichaelDell Started Dell with $1000 1984. Went public 1988. Stock up over 13,500% during last 25 years. 27 times better than S&P 500. Now private.

* Tweet of the day II: @MinaKimes if only they meant private as in no longer worn in public RT @WSJbusiness Crocs Explores Ways to Go Private http://on.wsj.com/1cokffc