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Morgan Stanley's Profit Falls, Hurt by Lower Trading Revenue
Results show that Wall Street-style businesses like investment banking and trading are still in the doldrums. Source link
Record Miami Land Sale Collapses Amid Slowdown
Even the hot Miami commercial real-estate market is being slowed by high interest rates and tight credit. Source link
Iranian Oil Is Stuck off Coast of Texas, but U.S. Firms Won't Touch It
Companies that manage unloading tankers say they are too worried about Iranian reprisal to handle the captured oil on the Suez Rajan. Source link
To Treat Extreme Heat, Ice-Packed Body Bags and Wet Gowns
Ice, water and fans are among the remedies for nausea, muscle cramps and comas caused by high body temperatures. Source link
The Sibling Discount Ends for College Financial Aid
A new federal financial-aid formula will no longer take a family size into account. Source link
Lockheed Martin Projects Higher Sales as War Boosts Orders
The defense giant raised its sales guidance as the war in Ukraine is driving orders for missiles. Source link
Shoppers Likely Spent More Last Month as Inflation Eased
Economists expect June retail sales growth to be the strongest since January. Source link
Big Four Accounting Firms Pare Their Consultant Ranks in Postpandemic Reversal
Professional-services giants are facing the consequences of aggressive hiring over the past two years, coupled with less attrition than they expected. Source link