Stocks give up early gain...Google responds...Coke has Moxie
NEW YORK (AP) — Stocks have been mixed or slightly lower after giving up an early gain. Energy companies and banks are taking modest losses. Retailers including DSW and Tiffany are climbing after strong quarterly reports. Major stock indexes reached record highs after strong gains the past two days.
MOUNTAIN VIEW, Calif. (AP) — Responding to President Donald Trump, Google says its search is not used to set a political agenda and the results are not biased toward any political ideology. The company says it makes “hundreds of improvements” to its algorithms every year to ensure “high-quality content” is returned in response to users’ searches. Adds Google: “We never rank search results to manipulate political sentiment.” Trump today accused Google, without evidence, of “suppressing” conservative voices.
AUSTIN, Texas (AP) — The owner of a Texas company that makes untraceable 3D-printed guns says he has begun selling the blueprints through his website to anyone who wants to make one, despite a federal court order barring him from posting the plans online. Cody Wilson says he began selling the plans this morning and that he’ll sell them for any price. Wilson says he believes that selling them, instead of posting the plans for anyone to view or download for free, will not run afoul of the Seattle federal judge’s Monday order.
WALTHAM, Mass. (AP) — Graduate students at Brandeis University in Massachusetts have reached their first labor deal with the school’s administration. A tentative three-year contract announced today would increase pay for graduate teaching assistants by up to 56 percent over the life of the agreement. It’s believed to be the first labor contract for graduate students at a private university since federal officials gave them the right to unionize in 2016.
PORTLAND, Maine (AP) — Soft drink giant Coca-Cola says it’s acquiring Moxie, a long-lived and beloved New England soda brand that is the official state beverage of Maine. Moxie has been around since the 19th century and it’s famous in New England for its unique flavor, which is the product of a root extract that gives it a distinctive taste that polarizes drinkers.