PE HUB First Read

Racial bias persists at Morgan Stanley, according to a new lawsuit.

Apple’s $1 trillion dreams are on hold as it misses on iPhone sales in the holiday quarter.

Meanwhile, Amazon’s quarterly profit tops $1 billion.

Chair of embattled Newsweek Media Group resigns.

Podcast listeners are highly engaged, make it through 90 pct of episodes and prefer longer formats.

Blackstone’s carve-out of Thomson Reuters unit is firm’s largest deal since financial crisis.

British debt collector Cabot Credit Management to try to list on London Stock Exchange again after pulling IPO last year.

Guess shares crater as model/actress Kate Upton accuses co-founder of sexual harassment.

Blackstone and Apollo pick insurance as next bet to disrupt Wall Street.

Photo: The headquarters of Morgan Stanley is seen in New York June 1, 2012. Reuters/Eric Thayer