It may test investors’ tolerance for red ink. WeWork’s losses doubled last year to $1.9 billion. The company says growth has to come first, but critics wonder whether it will ever make money — and what its books would look like in a recession.

Trump sues his bankers for privacy

President Trump, his family and his company sued Deutsche Bank and Capital One yesterday, in an effort to prevent the banks from telling Congress about their finances.

Deutsche Bank was subpoenaed by the House Intelligence and Financial Services Committees weeks ago. They’re investigating potential money-laundering by people in Russia and Eastern Europe, unnamed sources told the NYT.

The bank could provide a trove of details on Mr. Trump’s finances. Since the late 1990s, it has been the only mainstream financial firm to do business with him. His son, Donald Trump Jr., and the family of his son-in-law, Jared Kushner, also borrowed there.

Mr. Trump and his team plan to fight all subpoenas, arguing that they are point-scoring efforts by Democrats. The White House and the Justice Department have ordered current and former Trump aides not to comply.

“The subpoenas were issued to harass President Donald J. Trump,” the Trumps argued in the latest lawsuit. “No grounds exist to establish any purpose other than a political one.”

Alphabet’s growth slipped. Blame ads, possibly.

Alphabet, the parent company of Google, said revenue in its most recent quarter rose 17 percent from the same period last year. That was its first quarter without growth of 20 percent or more since 2016, Daisuke Wakabayashi of the NYT writes.