AMZN, MDT, AEO, AI and more

Check out the companies making the biggest moves midday: Amazon — The e-commerce behemoth slipped 2.4% after CNBC's David Faber reported founder and Executive chair Jeff Bezos is expected to be "aggressive" in selling more shares of Amazon. The total sale could amount to more than $1 billion, sources...

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Morgan Stanley co-president Andy Saperstein diagnosed with cancer

Morgan Stanley co-president Andy Saperstein has been diagnosed with cancer and plans to keep working as he begins to receive treatment. “I’m young and in otherwise good health,” Saperstein, 56, said in a memo to employees Tuesday. “That gives me great confidence as I begin the process of starting treatment...

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Ford scales back EV battery plant in Michigan

Ford CEO Jim Farley announces at a press conference that Ford Motor Company will be partnering with the worlds largest battery company, a China-based company called Contemporary Amperex Technology, to create an electric-vehicle battery plant in Marshall, Michigan, on February 13, 2023 in Romulus, Michigan.Bill Pugliano | Getty Images...

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6 unintended consequences for advisors who stay the course

For many advisors, life at their firm isn’t what it used to be. Increasing bureaucracy, rising compliance restrictions, and diminishing freedom over investments and client communications are issues we hear about every day.  Yet many advisors choose to stay the course since it’s still Learn more about reprints and licensing for...

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