Spotlight on ISM service index and energy moves
The Institute for Supply Management reports on the U S service sector with February index expectations modestly lower. Economists note resilience amid inflation while February new orders for U S goods slip 2.8% after a flat December. Manufacturing remains a weak point as energy prices shift with natural gas up over 4% and crude oil and gasoline down more than 1% others mixed. gold and silver advance.
MENTIONED IN THIS ARTICLE
Institute For Supply Management
U.S
U.S. Census Bureau
Boston biotech worker on diversity under attack
Charity Wallace, 37, a biotech professional in Boston, emphasizes the need for a circle of Black women to vent and address ongoing silencing as diversity faces renewed pressure in the job world.
MENTIONED IN THIS ARTICLE
Charity Wallace
Boston
Markets edge lower as week opens with mixed corporate news
Stocks slip with the S P 500 down 0.1 percent from an all time high while the Dow falls 0.2 percent and the Nasdaq drops 0.4 percent. Apple faces a nearly 2 billion euro fine from the EU for antitrust issues and JetBlue ends a buyout after a court blocks it. A drug developer reports progress on a potential liver condition treatment and a software firm pledges a stock buyback.
MENTIONED IN THIS ARTICLE
Wall Street
Aero Close
JetBlue Spirit merger ends after federal ruling blocks deal
JetBlue and Spirit abandon their 3.8 billion merger after a federal judge blocked the deal over concerns it would harm consumers by raising fares. They said closing conditions likely won’t be met before the July 24 deadline. JetBlue CEO Joanna Geraghty touted the plan while Justice Department opposition remained high. Spirit CEO Ted Christie expressed disappointment but vowed Spirit can compete independently.
MENTIONED IN THIS ARTICLE
JetBlue Airways
Spirit Airlines
Spirit
JetBlue
Joanna Geraghty
Federal Court
Department
of Justice
Geraghty
New York
Ted Christie
Apple fined nearly 2 billion by EU antitrust panel
The European Union fined Apple nearly $2 billion for unfairly favoring its own music streaming service by blocking rivals like Spotify from informing users of cheaper payment options outside iPhone apps. EU competition chief Margrethe Vestager called the move illegal and said it limited consumer free choice on music streaming subscriptions.
MENTIONED IN THIS ARTICLE
Spotify
Apple
European Commission
Margrethe Vestager
Brussels
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Jerome Powell
Congress
Fed
SAVE
Akero Pherapeutics
Lovance Biotherapeutics
OVA
Anama Ans
Sungard
E.U
London
P/E
At&t Inc T
AMD
Alphabet Inc C Goog
Amazon.com Inc Amzn
Anheuser-Busch InBev Bac
Atmos Energy Ato
Bank of America Bac
Berry Plastics
Gro Bery
Black Hills Corp Bkh
Boeing Co BA
Canoe Inc Goev
CFFN
Capitol Federal Colgate-Palmolive CL
Cmrce
Bncsh
MO Cbsh
Energy Inc Evrg
Ford Motor F
Garmin Ltd Grmn
Gen Dynamics GD
General Motors Co
Goodyear
ICL Group Ltd
ICL
Jaguar Health Inc
JAGX
Kohls Corp Kss
Kroger Co KR
MARA
Marathon Digital
Hid Merck & Co Mrk
Natl Bank
Hidgs Corp Nbhc
NY City Rep
NYCB
Nikola Corp Nkla
SLB
Or Schlumberger Ltd
Seabord
Cp Seb
Smucker
JM Sjm
Spirit Aerosystems Spr
T-Mobile US Inc
TMUS
Target Corp
TGT
Tesla Inc Tsla
UMB Financial Umbf
USB
US Bancorp Verizon Comm VZ
WalMart
Wmt
Trugreen
BBB
TruGreen Limited Partnership
Connecticut
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