Tesla short-sellers took a $1 billion hit after earnings and more pain may be coming. Here’s what you want to know

“Friday.” Doesn’t that word have a glorious ring to it? Phil Rosen here, today writing to you from Los Angeles, California. But I won’t take long, since today we’re covering shorts.  Tesla shorts, that is.  Elon Musk’s EV-maker is the most shorted stock in the world, but this week, those betting against Mr. Musk lost…

Russian oil is traveling to Asia on tankers that used to carry sanctioned Iranian crude, as ‘dark’ trading expands

Russian President Vladimir Putin travelled to Iran for diplomatic talks this week. ATTA KENARE/Getty Images Tankers which one carried sanctioned Iranian oil are now taking Russian crude to Asia, analytics company Vortexa said. Vortexa also said the number of ship-to-ship transfers of Russian oil involving vessels with their signals turned off is growing. Russia, Iran…

Qantas booked a 13-month-old baby on a different flight to her parents, who then spent 20 hours on the phone trying to rebook. They’re still not home.

The Braham family told Insider Qantas booked their 13-month-old baby on a different flight to them. Andrew and Stephanie Braham/James D. Morgan via Getty Images A couple told Insider Qantas booked their 13-month-old baby on a separate flight from Europe to Thailand. They spent over 20 hours on the phone with Qantas’ customer service and…

Wheat prices drop to pre-war levels after Ukraine and Russia strike deal to unblock shipments

The Russia-Ukraine conflict has threatened global wheat supplies. AP Wheat prices dropped almost 3% on Friday following media reports that Ukraine and Russia struck a deal on grain shipments. The price, which hit record highs after Russia’s invasion in February, is now back to pre-war levels. Turkey said it brokered a deal between the two…