Facebook blocks ads excluding racial groups over discrimination concerns
Facebook will temporarily block advertisers from excluding racial and ethnic groups when placing ads on the platform. The audit covers groups beyond multicultural affinity segments including LGBT and religious groups, with ads requiring added review and advertiser certification of compliance with laws and anti discrimination policies.
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Chipotle seeks new CEO after leadership shake up
Chipotle Mexican Grill announced it will replace CEO and elevate founder Steve Ells to executive chairman. Investors view the move as a step to reset strategy after several food safety scares and sluggish growth, with analysts noting it may not fully solve ongoing challenges.
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Why GE Cut Its Dividend
General Electric reduced its dividend by half to conserve cash as earnings and free cash flow weakened over six consecutive years. The move targets saving over $4 billion annually and reflects a payout ratio near 96 cents per share on 86 cents earned, signaling potential dividend unsustainability amid rising debt and prior cuts.
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Russell index closes higher on steady gains
The Russell index finished at 1,542.30 points, up 0.4 percent for the session amid continued strength. Year to date gains reach 13.6 percent as investors remained buoyant on small-cap and mid-cap equities.
Real Time Market Action From Real Time Markets
Real Time Markets reports live market moves, stock quotes, and trading flow from US markets. It covers major indices, listed securities, intraday price changes, and notable volume shifts. Audience gains quick insights into market momentum and price action across sectors.
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