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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Aug 27, 2024

Page

3

Dow closes at record as mixed market tests tech yet gains

The Dow Jones rose 0.2 percent to 41,240.52 while the S&P 500 dipped 0.3 percent and the Nasdaq fell 0.9 percent. Nvidia slid 2.2 percent as big tech weighed, Broadcom and AMD also fell, and Tesla dropped 3.2 percent amid an earnings week and inflation data ahead.

U.S Tesla Apple Microsoft Israel Hezbollah Dow Nvidia Wall Street Broadcom Lam Research Kohl’s Chevy Salesforce Dollar General Federal Reserve Fed Jerome Powell Central Bank Dow Industrials Dow Transportation Dow Utilities NYSE Nasdaq S&p S&p MidCap Wilshire Russell Doe SEC The Associated Press

Kroger Albertsons Merger Faces U.S. Court Scrutiny

In Portland, FTC seeks to block Kroger Albertsons 24.6 billion merger claiming reduced competition and higher prices. Kroger and Albertsons defend benefits and say divestitures via C&S Wholesale Grocers could preserve competition. Witnesses include CEOs as Judge Adrienne Nelson weighs a preliminary injunction.

Portland Ore Albertsons Kroger Cincinnati U.S Federal Trade Commission FTC Susan Musser Musser Kroger and Santa Fe New Mexico Kroger and Albertsons Walmart Costco Enu Mainigi Mainigi Aldi Trader Joe’s Dollar General Matthew Wolf United Food and Commercial Workers International Union Federal Carol McMillian Kim Cordova UFCW

Canada’s 100 percent tariff on Chinese EV imports

Canada announced a 100 percent tariff on Chinese made electric vehicles matching U S tariffs amid claims of government subsidies unfairly aiding Chinese firms. Prime Minister Trudeau said a 25 percent tariff on Chinese steel and aluminum will also be imposed and deputy PM Freeland announced a 30 day consultation on batteries semiconductors and critical minerals.

Toronto Canada U.S China Jake Sullivan Justin Trudeau Sullivan Beijing Trudeau Tesla Shanghai Germany BYD Joe Biden Biden Chrystia Freeland Freeland

Also Mentioned on This Page

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