Dalio's quest to outlive himself

Bridgewater’s founder has a plan to guide his faithful followers forevermore, even as performance at the world’s largest hedge fund falters. The billionaire investor intends to relinquish his co-chairman title within the next five years, with the ultimate goal that his successors not only ensure the firm’s culture lasts for the next 100 years, but also that Bridgewater becomes an “everlasting institution.”

Mueller turns up the heat on Manafort with bank subpoenas. U.S. special counsel Robert Mueller’s team of investigators has sent subpoenas in recent weeks from a Washington grand jury to global banks. They are requesting account information and records of transactions involving former Trump campaign chairman Paul Manafort and some of his companies, as well as those of a long-time business partner, Rick Gates.

A longtime Uber executive is stepping down after a tumultuous year. Ryan Graves, an integral figure in the early days of Uber, serves as senior vice president of operations and is on the executive leadership team tasked with running the business in Travis Kalanick’s absence. He will relinquish those positions in mid-September, but will remain on the board to help the company’s search for a CEO.

A new way to tell your airline you hate it. Most airlines offer one-way texting, happy to inform you about a gate change or flight delay via your mobile device. Some carriers see the phone chat as a key to better customer service and are getting in on two-way texting, inviting you to ask questions—and maybe even complain.

McLaren’s expansion last year—when sales in North America more than doubled—was spurred by offering leases through Ally Financial. A 650S leases for maybe $3,500 a month, but you can drive a 570S for more like $2,500 a month. That's still not peanuts, but it's a pretty reasonable way to get into a brand that until recently was known only for world-class race cars.