Stocks down a bit...Call for new Brexit vote...Amazon reaches trillion dollar level
Sep. 04, 2018
NEW YORK (AP) — U.S. stocks finish slightly lower as health care and technology companies suffer losses, but banks rise and Amazon climbs again. The online retailer briefly traded above $1 trillion in market value, a mark only Apple has surpassed. Nike fell after it gave an endorsement deal to former San Francisco 49ers quarterback Colin Kaeperick. The Dow dipped 12 points. The S&P gave up 4.80 points. The Nasdaq composite fell 18 points.
LONDON (AP) — One of Britain's biggest trade unions on Tuesday joined calls for a new public vote on leaving the European Union, saying voters were misled during the 2016 referendum campaign. The GMB union, which has more than 600,000 members, said "the promises that were made during the referendum campaign are simply not the reality we are facing."
WASHINGTON (AP) — Twitter's CEO says the company isn't biased against Republicans or Democrats and is working on ways to ensure that debate is healthier on its platform. In testimony released before a House hearing Wednesday, Jack Dorsey said Twitter does not use political ideology to make any decisions. The testimony comes amid complaints that conservatives have been censored on social media.
NEW YORK (AP) — Amazon has became the second publicly traded company to reach $1 trillion in market value, hot on the heels of iPhone maker Apple. The milestone is another sign of Amazon's swift rise from an online bookseller to a behemoth that sells toilet paper, TVs and just about anything.
RALEIGH, N.C. (AP) — A court battle in North Carolina could decide whether the world's largest pork producer will keep paying for environmental projects as it promised 18 years ago or if the millions should go to public schools instead. A divided state Court of Appeals resurrected a lawsuit Tuesday challenging Smithfield Foods' 2000 agreement to pay up to $2 million a year for 25 years.