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Morgan Stanley halts research coverage of Tesla Morgan Stanley's move could potentially be a sign the bank may be doing business directly with Tesla as it explores options to go private. (Automotive News)

Morgan Stanley halts research coverage of Tesla Morgan Stanley's move could potentially be a sign the bank may be doing business directly with Tesla as it explores options to go private. (Automotive News)

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“Thank you for life, and all the little ups and downs that make it worth living.” - Travis Barker

Can you afford to help your kid start a business? Amazon. Chipotle. GoPro. These household-name businesses were launched thanks to investments by the founders’ parents. But parents also have sunk plenty of money into their offsprings’ doomed enterprises, sometimes endangering their retirements...

Another sign of hard times for teachers? They make up nearly 10 percent of Airbnb hosts. Nearly 1 in 10 hosts who rent out their apartments, homes and spaces on Airbnb are teachers, according to a new survey by the company, another possible indicator of the hardship facing members of the...

“To succeed, you need to find something to hold on to, something to motivate you, something to inspire you.” - Tony Dorsett

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Pepsi Buys SodaStream In big carbonated liquid news, PepsiCo is shelling out $3.2 billion for the Israeli fizzy-water-machine firm SodaStream. The purchase (should it go ahead following regulatory scrutiny) will give Pepsi a foot in the "in-home beverage creation" market, as it tries to produce...

Top oil hedge funds suffer big losses after July price plunge: sources Devika Krishna Kumar, Maiya Keidan NEW YORK (Reuters) - Two of the world’s largest energy-focused hedge funds, Andurand Capital and BBL Commodities, suffered double-digit percentage losses in July as oil prices plunged by...

“It is almost as important to know what is not serious as to know what is.” - John Kenneth Galbraith

Amazon Theaters Amazon is reportedly looking to buy the indie-focused Landmark Theaters chain, which is currently owned by Wagner/Cuban Cos. The move, if it happens—and it still might not—would give Amazon a bricks-and-mortar distribution network for its content. Interestingly, the news of the...

“Sometimes, what you’re looking for is already there.” - Aretha Franklin

Turkey and Qatar However, the Turkish lira—the apparent collapse of which hit emerging markets hard—is rallying again today. The reason is Qatar's announcement of a $15 billion investment in Turkey, to help stabilize things. Remember that the smaller state is currently a pariah in its region...

Advisers home in on HENRYs overlooked by banks, retirement-plan providers The so-called HENRYs, as in "high earners, not rich yet," are slipping through the cracks at firms that often have the initial contact with this segment of consumers, according to new research by Cerulli Associates...

High earners not rich yet

Exxon Mobil must face class-action suit over climate-change accounting Exxon Mobil Corp. must face a lawsuit by investors who blamed a drop in the company's shares on the disclosure that regulators were scrutinizing its reserve accounting related to climate change. U.S. District Judge Ed...

By Javier Blas and Andy Hoffman August 15, 2018, 1:56 PM PDT Ex-Noble Group employee Vagner talks for first time on record Confirms he is behind Iceberg reports that helped sink Noble Photographer: Nicky Loh/Bloomberg Arnaud Vagner has been a mystery for more than three years. Noble Group...

Wells Fargo countersues USAA over patent infringement claims Wells Fargo Bank has countersued USAA over its allegations that the San Francisco-based bank infringed on patents the San Antonio financial service company holds on technology that allows users to deposit checks using mobile devices...

“Anything will give up its secrets if you love it enough.” - George Washington Carver