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Short sellers betting against Tesla lose more than $1 billion in single day as stock surges

Tesla popped 16.5% Thursday, meaning short sellers betting against the stock are on track for $1.4 billion in mark-to-market losses.

Houston Astros fire assistant GM Taubman after outrage over taunting female reporters

Taubman, according to a report in Sports Illustrated earlier this week, had repeatedly yelled “Thank God we got Osuna, I’m so f—— glad we got Osuna” in the direction of three female reporters.

Nordstrom’s New York flagship opens. Here’s a look inside

At Nordstrom’s new store in Manhattan, you can get your hair and nails done, sip a cocktail while you shop for shoes, have your pants altered and leather shoes shined. The retailer hopes it’s enough to lure New Yorkers and tourists out to shop.

CVS pulls all J&J 22 ounce baby powder from shelves after FDA finds sub-trace levels of asbestos

CVS Pharmacy is pulling all containers of Johnson & Johnson’s 22-ounce baby powder after the FDA found sub-trace levels of asbestos, the pharmacy chain announced Thursday.

A Barneys New York liquidation grows more likely as rival deal falls flat

Retail investor Sam Ben-Avraham, who has led a social media campaign to promote his offer for Barneys New York, still has until Oct. 31 to cobble together a viable bid.

Fisher Investments outflows surpass $2.5 billion as Los Angeles pension departs

The Los Angeles Fire and Police Pension System voted on Oct. 24 to end its $522 million relationship with Fisher Investments. In all, institutional investors have pulled $2.5 billion from the firm in recent weeks.

SpaceX to test astronaut capsule next week, a critical milestone after April explosion

In about a week SpaceX expects to conduct a key test of the capsule it is developing to launch astronauts, CNBC has learned.

Airline chiefs grow frustrated as 737 Max grounding costs near $1 billion

Southwest and American Airlines reported rising costs from the 737 Max grounding, now in its eighth month after crashes in Indonesia and Ethiopia.

Florida and NY push bills to compete with California’s NCAA ‘pay to play’ law

California’s new law threatens to upend the NCAA and has touched off a race by states to adopt similar changes so they don’t lose top sports talent to the West Coast.

Tesla is having its best day in 6 years—here’s what Cramer and other experts are saying

Tesla’s biggest daily rally since 2013 has Wall Street laser-focused on the automotive company’s latest earnings results.