Musk's next move; brokers fail to report trouble

The Tesla chief wants to get into military satellite launching. Plus, brokers failing to report trouble to Finra, stocks (and Costco earnings) drop, the Citi/Oceanografia plot thinkens, who you should follow on Twitter, and more.

MAR 05, 2014

By Mason Braswell

Today's guest chef: Mason Braswell

The next frontier? Tesla's chief executive Elon Musk, who also serves as chief executive of rocket market Space X, is making a push to get into the business of launching military satellites. Billionaire Musk makes push to launch military satellites
The record shows....apparently not everything. A Wall Street Journal analysis finds brokers failing to fess up. Stockbrokers fail to disclose red flags
The Dow inched down as investors turned attention back to the U.S. economy and jobs after a report on service-sector activity disappointed. Dow retreats as focus turns to economy
Costco earnings missed estimates. The membership warehouse blamed lower margins on products sold around the holiday season. Revenue was up, but the stock wasn't. Costco Wholesale Q2 profit drops 15%
The plot thickens for Oceanografia, the company that reportedly fleeced Citigroup of nearly $400 million, as creditors size a 180-meter ship called the Goliath off the Gulf Coast. Oceanografia creditors seize ship off Gulf of Mexico coast
Is this the end for Bitcoin? One reporter argues yes. The doomsday cult of bitcoin
Just getting into the twitter game and trying to figure out who to follow? Check out this list of 250 influencers in financial services.
If you're a burned out hedge fund millionaire addicted to golf, what do you do? Start a company, of course. Quad Capital golf addict with finance burnout creates BirdieBox