Axios Edge: Brexit — Trade war — Scooters

The world’s smallest violin is playing for the owners of English Premiership soccer teams.

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The We’re Not Drunk, We’re Multibillionaires Edition

Slate Money on Billion Dollar Whale, multibillion-dollar heists, sovereign wealth funds, and the trade war with China.

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Impact investment: Private equity puts its money where its mouth hasn’t been

Impact investing would seem an unlikely business for avaricious private equity funds. But many are embracing what they see as a new opportunity. Should we be sceptical or see private equity’s buy-in as proof of the impact investment concept?

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Tilray’s valuation has gone insane

What you’re seeing here is something between a bubble and a random number generator.

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Axios Edge LAUNCH EDITION!

The tech giants’ accountability crisis continues

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The Shaky Ground Edition

Slate Money on the financial collapse 10 years later, how it brought on fracking, and a look at the future of the markets.

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How Goldman Sachs facilitated the heist of the century

“Billion Dollar Whale,” the gripping new book from the WSJ’s Bradley Hope and Tom Wright, details the way that Jho Low, grifter and social climber extraordinaire, managed to steal billions of dollars from the people of Malaysia He couldn’t have done it alone.

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The Kaep Caper Edition

Slate Money on Nike and Kaepernick, Les Moonves and Warner Bros., and Modi’s failed cash crackdown.

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Amazon’s unstoppable stock

What’s worth more — a company that sells $250 billion of stuff every year at a profit margin of 22%, or a company that sells $200 billion of stuff every year at a profit margin of 3%?The answer: It’s surprisingly close.

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What we’re reading: The University of Chicago’s bogus billionaire

Far from being a billionaire, Stevanovich hasn’t even managed to meet his existing pledges to his alma mater.

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The High-Stakes Negotiation Edition

Slate Money on new NAFTA negotiations, the state of legal weed, and a look at new labor proposals before the holiday.

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Mom and pop aren’t investors

SEC chairman Jay Clayton wants to make it easier for retail investors to put money into private companies. This is a terrible idea.

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Why a conservative social network would fail

You can’t create a Fox News for social.

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The Raging Bull Edition

Slate Money on white-collar crime, the aging bull market, and Greece’s exit from its bailout.

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The New York Times Shouldn’t Have Built Its Facebook and Anti-Refugee Violence Story Around That One Study

It’s an interesting bit of research, but it’s preliminary and mostly focused on methodology.

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Why Did Elon Musk Tweet That T.S. Eliot Screenshot?

A few theories.

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What Went Wrong With IBM’s Watson

The AI project was supposed to change the state of cancer treatment. Here’s what happened instead.

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The Accountable Capitalism Edition

Slate Money on corporate responsibility, Dollar General, and New TV.

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Elon Musk Needs Sleep

More than anything else, that’s the takeaway from his jaw-dropping New York Times interview.

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The Future of Television Is … More Television

Jeffrey Katzenberg’s unicorn newborn is probably going to fail.

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The Never-Ending Shenanigans of Elon Musk

Whether private or public, Tesla will have to contend with its main distraction: its CEO.

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The Momentous Tweet Edition

Slate Money on Tesla, a tweet-inspired diplomatic spat, and Indra Nooyi leaving PepsiCo.

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It’s Not a Crazy Idea for Elon Musk to Take Tesla Private

If big shareholders do really have the option to remain invested, it’s easy to see how they might prefer a life that doesn’t involve having to battle short sellers or worry about stock market volatility.

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The Silicon Bubble Edition

Slate Money on Silicon Valley hiring practices, free lunches, and stock buybacks.

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Uber Is Not Serious About Changing Its Toxic Culture

Just look at who the company chose to be its new chairman.

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