Morgan Stanley Is Fined for First Republic C.E.O.’s Stock Sales
[# item_content] James Herbert was permitted to sell nearly $7 million of shares before First Republic Bank’s demise last year, Massachusetts regulators said. NYT > Business�
Stock Slide as Investors Wrestle With Shifting Bets on Rate Cuts
[# item_content] The stock market “can’t win” at the moment, said Andrew Brenner, head of international fixed income at National Alliance Securities. “Heads I lose, tails I… Read More »Stock Slide as Investors Wrestle With Shifting Bets on Rate Cuts
Michael Lerner, 81, Is Dead; Founder of a Combative Jewish Magazine
[# item_content] His publication, Tikkun, was a leading voice for left-wing American Jews. His ideas about “the politics of meaning” were embraced by Hillary Clinton. NYT > Business�
Ted Drewes Jr., the Frozen Custard King of St. Louis, Dies at 96
[# item_content] Celebrity chefs and politicians paid tribute to the man behind the extra-thick shake known as the concrete, an intrinsic part of St. Louis summers. NYT >… Read More »Ted Drewes Jr., the Frozen Custard King of St. Louis, Dies at 96
The Big Number: $3.8 Billion
[# item_content] The amount offered by Nordstrom’s founding family to buy its namesake retailer. NYT > Business�
What to know about the latest report.
[# item_content] Ahead of a key Federal Reserve meeting to set interest rates, employers added 142,000 jobs in August and the unemployment rate was 4.2 percent. NYT >… Read More »What to know about the latest report.
How Elon Musk Is Influencing Donald Trump
[# item_content] Their fast-evolving political friendship has become a potential minefield, as Mr. Musk’s sprawling businesses may present conflicts of interest if Mr. Trump is elected in… Read More »How Elon Musk Is Influencing Donald Trump
Oasis Fans Balked at High Ticket Prices. But Were They ‘Dynamic’?
[# item_content] A regulator said it was opening an investigation into Ticketmaster’s actions, but the company disputed that “dynamic pricing” came into play. NYT > Business�
White House Condemns Tucker Carlson Interview With Holocaust Revisionist
[# item_content] Mr. Carlson’s guest on “Tucker on X” made a variety of false claims about the Holocaust and World War II. NYT > Business�
Carl Icahn, Activist Investor, Faces Intense Scrutiny From Wall Street
[# item_content] The 88-year-old activist investor’s stake in his own company has fallen by nearly $20 billion. Mr. Icahn said that he was “absolutely not selling.” NYT >… Read More »Carl Icahn, Activist Investor, Faces Intense Scrutiny From Wall Street