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Elon Musk invests about $1 billion in Skydance

Elon Musk has made an investment in Skydance of roughly $1 billion, according to a person familiar with the matter who asked not to be named because they were not authorized to speak publicly.

Markets

Coffee Prices Fall as ICE Coffee Inventories Rise

December arabica coffee (KCZ26 ) closed down -3.70 (-1.17%) on Thursday, and November ICE robusta coffee (RMX26 ) closed down -64 (-1.91%). Arabica coffee prices fell on Thursday after ICE arabica coffee inventories on …

Markets

S&P 500 Movers: LRCX, LMT

Beneath a quiet surface for the index, some of the market’s biggest moves were simply old stories told louder.