Trump Media stock slides again to bring it more than 66% below its peak as euphoria fades

[ad_1] NEW YORK — The stock price for Donald Trump‘s social media company slid again Monday, pushing it more than 66% below its peak set late last month. Trump Media & Technology Group closed down 18.4% at $26.61 as more of the euphoria that surrounded the stock fades. It’s a sharp comedown since nearing $80 … Read more

Trump Media stock slides again to bring it more than 66% below its peak as euphoria fades

[ad_1] NEW YORK — The stock price for Donald Trump‘s social media company slid again Monday, pushing it more than 66% below its peak set late last month. Trump Media & Technology Group closed down 18.4% at $26.61 as more of the euphoria that surrounded the stock fades. It’s a sharp comedown since nearing $80 … Read more

Trump’s social media company starts trading on Nasdaq with a market value of almost $6.8 billion

[ad_1] NEW YORK — As Donald Trump’s social media company begins trading publicly Tuesday, would-be investors might ask themselves if the stock is too pricey and potentially too volatile. Trump Media & Technology Group Corp. was acquired Monday by a blank-check company called Digital World Acquisition Corp. Trump Media, which runs the social media platform … Read more

Trump’s social media company to start trading on the Nasdaq on Tuesday

[ad_1] NEW YORK — Trump Media & Technology Group, whose flagship product is social networking site Truth Social, will begin trading on the Nasdaq stock market on Tuesday. Shareholders of Digital World Acquisition Corp., a publicly traded shell company, approved a deal to merge with the Trump’s media business in a Friday vote. Shares of … Read more

Chick-Fil-A backtracks from its no-antibiotics-in-chicken pledge, blames projected supply shortages

[ad_1] ATLANTA — The fast-food chain Chick-Fil-A backtracked from its decade-old “no antibiotics ever” pledge intended to help prevent human antibiotic resistance linked to the rampant use of the drugs in livestock production. Instead, the company said in a statement that it will embrace a standard known as “no antibiotics important to human medicine,” often … Read more

Chick-Fil-A backtracks from its no-antibiotics-in-chicken pledge, blames projected supply shortages

[ad_1] ATLANTA — The fast-food chain Chick-Fil-A backtracked from its decade-old “no antibiotics ever” pledge intended to help prevent human antibiotic resistance linked to the rampant use of the drugs in livestock production. Instead, the company said in a statement that it will embrace a standard known as “no antibiotics important to human medicine,” often … Read more

How major US stock indexes fared Friday, 3/22/2024

[ad_1] Wall Street closed its best week of the year so far with a quiet finish. The S&P 500 slipped 0.1% Friday after setting all-time highs in each of the last three days. The Dow Jones Industrial Average slumped 305 points, or 0.8%. The Nasdaq composite rose 0.2% to add to its record. Nike dragged … Read more

Is Donald Trump’s Truth Social headed to Wall Street? It comes down to a Friday vote

[ad_1] NEW YORK — Donald Trump’s return to the stock market could be right around the corner. All eyes are on a vote scheduled for Friday by shareholders of Digital World Acquisition Corp., a publicly traded shell company that is looking to merge with the former president’s media business. The deal’s approval would open the … Read more

Gerald Levin, former Time Warner CEO who engineered disastrous merger, dead at 84

[ad_1] SAN FRANCISO — Gerald Levin, who led Time Warner Media into a disastrous $182 billion merger with the internet provider America Online, died Wednesday at the age of 84, according to media reports. Levin had been diagnosed with Parkinson’s disease, although his cause of death was not immediately reported. The former executive’s grandchild, Jake … Read more

Gerald Levin, the former Time Warner CEO who engineered a disastrous mega-merger, is dead at 84

[ad_1] SAN FRANCISO — Gerald Levin, who led Time Warner Media into a disastrous $182 billion merger with the internet provider America Online, died Wednesday at the age of 84, according to media reports. Levin had been diagnosed with Parkinson’s disease, although his cause of death was not immediately reported. The former executive’s grandchild, Jake … Read more