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Plus: Instagram will begin automatically making youth accounts private, with the most restrictive settings. Federal prosecutors charge Sean “Diddy” Combs with several counts of sex trafficking and racketeering. J.R. Whalen reports.
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Plus: Amazon wants its employees back in the office five days a week. And, Microsoft ups its dividend and announces a $60 billion buyback. Luke Vargas hosts.
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Plus: Apple shares fall after iPhone 16 preorders come in roughly 13% less than last year’s equivalent figures. Tesla shares fall as expansion of its supercharger network has slowed in recent months. J.R. Whalen reports.
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Boeing said it would freeze hiring and delay pay increases for salaried workers to handle the financial fallout from a strike by its largest union. Icahn Enterprises says a judge dismissed a proposed class-action lawsuit against the company and some of its directors. J.R. Whalen reports.
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Plus: TikTok’s future in the U.S. hangs in the balance in court. And, the Energy Department backs a low-carbon ammonia project in Indiana. Luke Vargas hosts.
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Plus: Boeing shares drop after strike halts jet production. Furniture retailer RH gains. J.R. Whalen reports.
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Plus: The Biden administration eyes Chinese e-commerce companies with a proposed trade crackdown. Eurozone factories failed to produce more goods for a fourth straight month. J.R. Whalen reports.
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Plus: Allies of Donald Trump work on plans to privatize mortgage giants Fannie Mae and Freddie Mac. And, Mastercard buys cybersecurity company Recorded Future to bolster fraud prevention. Luke Vargas hosts.
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Plus: Moderna shares fall after the biotech company cut research and development spending to save cash. General Motors shares rise after the automaker said it was exploring a partnership with Hyundai. J.R. Whalen reports.
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Plus: Warner Brothers discovery and Charter Communications renew their distribution deal. The European Central Bank lowers interest rates by a quarter-percentage point. J.R. Whalen reports.
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