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Tesla stock drops on report company faces US criminal probe over Musk statements

Peter Parks | AFP | Getty Images Elon Musk, chairman and chief executive officer of Tesla Motors Tesla shares dropped almost 5 percent after Bloomberg News reported that the company is facing a criminal probe over CEO Elon Musk’s tweets about taking the company private. Musk tweeted on Aug. 7 …

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Shorting cannabis stocks is getting costly

James MacDonald | Bloomberg | Getty Images An employee checks nearly matured medical marijuana plants in a climate controlled growing room at the Tweed Inc. facility in Smith Falls, Ontario, Canada, on Nov. 11, 2015.  Betting against cannabis stocks has come with large losses and big fees this summer. A …

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Look for a Kaepernick sales ‘bump’ in Nike’s earnings next week

Angela Weiss | AFP | Getty Images A Nike Ad featuring American football quarterback Colin Kaepernick is on diplay September 8, 2018 in New York City. – Nike’s new ad campaign featuring Kaepernick, the American football player turned activist against police violence, takes a strong stance on a divisive issue …

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