The deal by Sir Philip Green to put £363 into the BHS pension fund is reported on all the front pages - and makes the lead for most of them.
The Guardian says it settles one of the biggest City rows of recent decades - and should calm the reputational storm that has engulfed him.
"Better late than never" is the verdict of the i.
The Times says Sir Philip agreed to dip into his personal fortune in an effort to salvage his reputation and keep his knighthood.
The Daily Mail headlines its story with the word "Pardoned!"
It says he has done the decent thing by BHS pensioners - and adds that it will not be calling him "Sir Shifty" any more.
"Well done, Sir Phil", it declares.
For its lead, the Mail reports that a review has been ordered into a car insurance shake-up that will lead to higher premiums.
On Monday, Justice Secretary Liz Truss announced a new formula for calculating personal injury compensation.
Now, the paper adds, Chancellor Philip Hammond has signalled a retreat after a hastily convened summit with insurance industry executives.
They are said to have urged him to block Ms Truss's decision.
The paper says experts have warned that businesses also face huge increases in their public and employer liability premiums when many are already facing crippling increases in business rates.
According to the Daily Telegraph's main story, pupils in England are to be given sex and relationship education to warn them about the dangers of the internet.
It says the topic is to become part of the national curriculum, in the biggest overhaul of sex education in 17 years - although parents will be able to opt their children out of classes.
At present, only council-controlled secondary schools are required to teach children about sex, with no such requirement on academies or free schools.
The paper says ministers have faced mounting pressure to bring about the change, following concerns that children are being left ill-equipped to cope with the new realities of online pornography, cyber bullying and sexting.
The Sun reports that US President Donald Trump's state visit to Britain is to be "put on ice" until October in an attempt to avoid protests and MPs' snubs.
It says Mr Trump told Prime Minister Theresa May two weeks ago of his fears about the visit, originally planned for June - and they agreed to postpone it in the hope that the row over his proposed travel ban dies down.
The delayed visit, pencilled in from 5-8 October, would fall during the Parliamentary recess, so the president would not have to address MPs.
The paper quotes a senior government source as saying: "Trump still really wants to come this year, but he wants the heat to die down a bit first."
Finally, most of the papers carry a picture of White House adviser Kellyanne Conway striking a relaxed pose, as the Times puts it, on a sofa in the Oval Office as Mr Trump held an official meeting with leaders of black universities.
The Mail says she sparked outrage on social media after being spotted kneeling on the gold-coloured sofa wearing her three-inch heels.
She then leaned forward to take pictures of the group with the president on her phone.
The Sun quotes one critic as saying: "How do you get that comfortable in your boss's office?"