Morgan Stanley's Wealth Arm Probed by Multiple Federal Regulators 

Multiple federal regulators are probing Morgan Stanley over how it vets clients who are at risk of laundering money through the bank's wealth-management division. Shares fell more than 5%.

Rivian Stock Is in Line for a Record-Low Close. Blame Ford. 

Ford looks to be cutting prices of its all-electric pickup truck. That would put pressure on other manufacturers.

Boeing Reveals Executives Got an Extra $500,000 in Private Jet Perks 

A Boeing review found that Chief Executive David Calhoun and other top executives took personal trips worth more than $500,000 on the company's private jets and other planes that were improperly recorded as business travel.

Constellation Brands 4Q Sales Beat Estimates With Help from Beer Demand Strength 

The producer of Modelo Especial and Pacifico posted better-than-expected sales in its latest quarter as strength in its beer brands helped offset challenges faced among its wine and spirits portfolio.

Amazon CEO Touts AI Revolution While Committing to Cost Cuts 

In his letter to shareholders, Andy Jassy says generative AI could usher in the largest tech transformation since the Internet.

CarMax Gets Slammed by High Rates, Tight Used-Car Supply 

Used cars are getting harder to obtain just as new cars get more affordable.

Spotify Plans New Remixing Tools for the TikTok Generation 

The audio streamer is developing tools that would make it easier for fans to create custom versions of their favorite music.

Micron says Taiwan earthquake will have mid-single digit percentage impact on quarterly DRAM supply 

The earthquake that hit Taiwan earlier this month has not caused any permanent damage to Micron's facilities, infrastructure or tools.

Netflix Needs to Put on Another Big Subscriber Show 

The streaming giant began a crackdown on password sharing last year, and investors are getting their hopes up for another subscriber-growth bonanza this year.

Banks Start Reporting Earnings This Week. Here's What To Expect. 

Big lenders raked in record profits in 2023, but are dealing with growing pressures this year.

(END) Dow Jones Newswires

04-11-24 1515ET