Month: August 2022

US manufacturing jobs return as AT&T, Corning launch Arizona plant

AT&T CEO John Stankey and Corning CEO Wendell Weeks discuss the new fiber optic facility in Arizona designed to expand broadband and create jobs in the western United States on “The Claman Countdown”. EXCLUSIVE: The private sector creates the first fiber optic manufacturing plant in the western United States as the industry tries to meet …

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Wall St falls for 3rd straight session on worries about Fed rate hikes

A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 29, 2022. REUTERS/Brendan McDermid Join now for FREE unlimited access to Reuters.com Register Best Buy sales beat estimates as discounts drive demand July job openings up sharply Dow down 1.02%, S&P 500 down 1.22%, Nasdaq down 1.45% …

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Musk sends fresh letter to scrap Twitter deal after whistleblower claims

Join now for FREE unlimited access to Reuters.com Register Aug 30 (Reuters) – Elon Musk has sent an additional letter terminating the deal to Twitter Inc. (TWTR.N) to include a recent whistleblower complaint from the social media company’s former chief security officer as another reason to cancel the $44 billion deal. Peiter Zatko, a notorious …

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Oil slides more than $3 on inflation and Iraq exports

The logo of the Organization of the Petroleum Exporting Countries (OPEC) is pictured at its headquarters in Vienna, Austria March 21, 2016. REUTERS/Leonhard Foeger Join now for FREE unlimited access to Reuters.com Register LONDON, Aug 30 (Reuters) – Oil prices fell more than $3 a barrel on Tuesday on fears that an inflation-induced weakening in …

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Dow Jones Futures Rise: What To Do As Stock Market Continues To Drop; Jobs Report Ahead

Dow Jones futures were higher early Tuesday as the stock market continues to slide following Friday’s plunge – which was fueled by hawkish speech by Federal Reserve Chairman Jerome Powell – before the last two sessions in August. The Labor Department’s August employment report is due Friday morning. X stock market today On Monday, the …

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Elon Musk files another notice to terminate Twitter acquisition, citing additional reasons

In this illustration, Elon Musk’s Twitter account is displayed on a mobile phone screen with the Twitter logo in the background. A whistleblower’s complaint that Twitter misled federal regulators about the company’s security risks could provide Elon Musk with new ammunition in his bid not to buy the company for $44 billion. Sheldon Cooper | …

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Tesla Motors (TSLA) – Elon Musk Warns ‘Just A Matter Of Time’ Before Event That Led To Extinction Of Dinosaurs Hits Us Mammals

Tesla Inc. TSLA CEO Elon Musk struck an ominous note on Twitter on Monday as he referred to a mass extinction event that ended the Cretaceous period. What happened: Musk said what accelerated the demise of dinosaurs and led to the proliferation of mammals on planets could happen again. The entrepreneur shared a BBC article …

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Stock futures rise slightly after second-straight negative session

Stock futures rose late Monday as Wall Street sought stability after another day of declines in stocks. S&P 500 futures rose 0.1%, while Nasdaq 100 futures also added 0.1%. Dow Jones Industrial Average futures gained 43 points, or 0.1%. Futures moves followed a second straight decline in the major averages. The Dow lost 184 points, …

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