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Live stock market news updates: Equity futures mixed ahead of key inflation data

U.S. stock futures struggled to find their bearings on Friday morning as investors awaited an update on inflation, which is expected near a 40-year high amid high oil prices. gas, food and various other goods and services. Contracts on the S&P 500 and Dow Jones were each down about 0.2% in premarket trading. Nasdaq futures …

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Farewell to the Golden Arches: renamed McDonald’s to reopen in Russia

McDonald’s has been extremely popular in Russia since the early 1990s It is among Western companies leaving Russia over Ukraine The company operated nearly 850 restaurants across Russia McDonald’s restaurants will reopen under new ownership on Sunday June 10 (Reuters) – Sunday marks a new dawn for Russian fast food lovers as a former McDonald’s …

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US agency upgrades Tesla Autopilot safety probe, step ahead of possible recall

WASHINGTON, June 9 (Reuters) – The National Highway Traffic Safety Administration (NHTSA) said on Thursday it was upgrading its probe to 830,000 Tesla (TSLA.O) vehicles with its advanced Autopilot driver assistance system, a mandatory step before being able to request a recall. The auto safety agency opened a preliminary assessment in August to assess the …

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Asian stocks trail global equities lower, US CPI in focus By Reuters

© Reuters. A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying Nikkei Index charts (top) outside a brokerage in Tokyo, Japan, on March 10, 2022. REUTERS/Kim Kyung-Hoon By Stella Qiu and Alun John BEIJING/HONG KONG (Reuters) – Asian stocks followed a selloff in global equities on …

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Disney Insiders and Hollywood Execs Stunned at How Bob Chapek Ousted Peter Rice

One of the media’s most powerful executives was meeting with a group of people on the morning of June 9 when he learned that Disney CEO Bob Chapek had abruptly fired entertainment and programming president Peter Rice. “Chapek just made another massive mistake,” the executive announced. The market may have agreed: Disney stock fell nearly …

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Disney Insiders and Hollywood Execs Stunned at How Bob Chapek Ousted Peter Rice

One of the media’s most powerful executives was meeting with a group of people on the morning of June 9 when he learned that Disney CEO Bob Chapek had abruptly fired entertainment and programming president Peter Rice. “Chapek just made another massive mistake,” the executive announced. The market may have agreed: Disney stock fell nearly …

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EXCLUSIVE Beijing gives first nod to revive Ant IPO after crackdown chills sources

Ant aims to file preliminary prospectus as soon as July – sources Ant needs CSRC guidance on when to file source prospectus Ant says there are no plans to relaunch its IPO statement Warburg Pincus valued Ant at $180 billion at the end of March HONG KONG, June 9 (Reuters) – China’s central management has …

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The S&P 500 sells, but the damage is much worse; Key inflation data expected

Dow Jones futures rose slightly overnight, as did S&P 500 and Nasdaq futures with a major inflation report available on Friday. X The stock market rally suffered significant losses on Thursday as major indexes undermined key near-term support. Beneath the surface, conditions are even worse, with decliners beating out winners and breakouts not working. In …

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Explosion at Texas LNG plant puts further pressure on global energy market

Placeholder while loading article actions An explosion at a major natural gas production facility in Texas could put the plant out of service for at least three weeks, company officials said Thursday, rattling global energy markets at a time when supplies are already sold out. The cause of Wednesday’s explosion at the Freeport LNG facility …

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Freeport LNG plant fire will weigh on global supply: these are the stocks to watch

A fire on Wednesday knocked out one of the largest liquefied natural gas export plants in the United States for at least three weeks, putting pressure on LNG markets already struggling with a supply shortage. The outage led to a divergence in LNG prices in the United States and Europe, with European energy markets already …

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