| | | |  | EVERYTHING YOU NEED TO KNOW, RIGHT NOW. #IBTPulse |
| | | | | | Tesla Unit Sales, Not Widening Loss, Will Be Focus Of Earnings Report | Investors already expect Elon Musk's company that makes electric cars to report widening quarterly losses later Tuesday. What matters to many of them though is whether the company is selling more cars -- despite a bad rap from an influential trade publication -- especially now that it has a second vehicle in its showrooms: the Model X. |
| Major American Banks Face S&P Downgrade | Standard & Poor's indicated it may cut the ratings of eight of the biggest U.S. banks less than a week after the Federal Reserve proposed a rule where banks would convert debt to equity in the event of another financial crisis. The rule would put the burden on bondholders and save the government and taxpayers the expense of a costly bailout. |
| In Turkey, Economic Concerns Replace Political Uncertainty | Stocks rose and even Moody's offered guarded optimism after President Recep Tayyip Erdogan won a landslide victory, ending months of political uncertainty. Now, Erdogan, who is seen to be tightening his grip on power, has to satisfy his countrymen as well as investors who await substantive economic reforms. |
| China's Sacking Of Senior Journalist Renews Debate On Free Speech Rights | Chinese authorities sacked and arrested the most senior newspaper editor in the troubled, mainly Muslim, region of Xinjiang, continuing a recent crackdown on journalists in the country. The government is imposing more discipline amid a string of corruption cases, which they say have undermined public confidence, amid concerns of a crackdown on the freedom of expression and debate even as the government promises a more open economy and greater engagement with the outside world. |
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|  | | | HERE'S WHAT YOU MISSED LAST NIGHT. |
| | | 'World of Warcraft' Takes Over 'Candy Crush' | Activision Blizzard, the company behind popular online games "World of Warcraft" and "Call of Duty," is taking over King Digital, the creator of "Candy Crush," yet another hugely popular online game whose success the company has been unable to repeat. |
| Volkswagen Denies Fresh Allegations Of Cheating From The EPA | German carmaker Volkswagen denied an EPA report that it installed emission test-beating software in cars with 3-liter engines, including a Porsche Cayenne and several Audis. The latest EPA notice covers 10,000 more cars, over and above the 11 million included in the EPA's report last month. |
| Keystone Pipeline Proponent Suspends Application | TransCanada Corp., a proponent of the controversial Keystone pipeline -- which is supposed to carry oil from Canada and North Dakota to Nebraska -- has suspended its application before an expected rejection by President Barack Obama. That could push a final decision on the issue until after the 2016 presidential elections. |
| AIG Plans To Fire 400 Senior Executives, Days After Carl Icahn Called For Breakup | Insurance giant AIG will cut 400 senior-level jobs and implement other cost-cutting measures just days after activist investor Carl Icahn said the company should break itself up without delay. The company said the cuts would save up to $500 million a year. |
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