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The Gazette in Medina, Ohio

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

Newspaper

The Gazette

Location

Medina, Ohio, United States of America

Date

Jul 20, 2022

Page

6

Relief rally drives US stocks on strong earnings

Markets surged as the S&P 500 rose 2.8 percent, the Dow 2.4 percent, and the Nasdaq 3.1 percent amid solid spring earnings from Hasbro Halliburton and Netflix. Analysts note currency moves and investor pessimism as risk factors, with banks leading the gains and IBM lagging on margins.

Keith Buchanan Global Investments Hasbro Halliburton Netflix IBM U.S Bank of America Michael Hartnett Bofa Wall Street Dow

Compact SUVs Become Target for Electric Models

Warren Michigan report notes auto makers shift to compact SUVs for broad appeal. Ford Mustang Mach E sold out. GM Chevrolet Blazer EV priced around 45k with 247 to 320 miles range. Equinox expected around 30k next year. Hyundai Ioniq 5, VW ID4, Nissan Ariya in 40k to 47k range.

Warren Mich America U.S Ford General Motors Chevrolet Volkswagen Stephanie Brinley S&p Global Mobility

Fall trial date set for Twitter Musk lawsuit

Delaware Chancellor McCormick ordered an October trial after Twitter pressed for a speedy resolution. Musk sought delay citing complexity while claiming insufficient bot data. Twitter argues delay harms business. Musk denies intent to sabotage the deal.

Tesla Elon Musk Twitter Delaware Kathaleen St. Jude McCormick Court of Chancery Musk McCormick Carl Tobias University of Richmond William Savitt Lion Savitt

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