>>Ahead Of The Bell
(New York, NY) -- The opening bell rings this morning after a roller coaster trading day ended with stocks closing higher. Tech shares led a mid-day rebound after the latest inflation report led to a big sell-off. Stocks tumbled early after the consumer price index for August rose slightly more than expected. The Labor Department reported earlier in the day the CPI rose point-two percent last month. At the closing bell, the Dow Jones Industrial Average gained 124 points to 40-861. The S&P 500 rose 58 points to 55-54. The Nasdaq gained 369 points to 17-395. Investors today will be keeping an eye out for the producer price index, which also helps inform the state of inflation, as well as weekly jobless claims.
>>Trump Media Stock Plummets
(New York, NY) -- Investors in Trump Media stock are hoping for a rebound after shares closed at a record low Wednesday. A day after Tuesday's debate, shares in the company that owns former President Trump's Truth Social platform plummeted more than 17-percent. That's the stock's lowest value since the company went public in late March. It ended the day down ten-percent.
>>Boeing Strike Looms As Workers Get Set To Vote
(Seattle, WA) -- Boeing factory workers could end up walking off the job if they don't approve the latest contract proposal. Some 33-thousand workers are due to vote on the deal today, and if they reject it, they could strike as early as Friday. Earlier this week, the aviation giant and the union agreed on a contract that includes a 25-percent pay raise over four years. Machinists union leader Jon Holden told The Seattle Times he expects rank-and-file members will reject the deal and vote to strike. On Wednesday, new Boeing CEO Kelly Ortberg sent a letter to workers urging them not to go on strike as it would jeopardize the company's recovery.
>>DOJ's Antitrust Trial Continues
(Mountain View, CA) -- Prosecutors began introducing evidence Wednesday on the third day of the trial involving the U.S. Department of Justice's antitrust allegations against Google. Prosecutors say the Alphabet company's online ad technology prevents smaller companies from competing - something Google denies. However, in notes outlining their strategy as far back as late 2008 or early 2009, Google's former president of display advertising, David Rosenblatt, apparently bragged that they would - in his words - "be able to crush the other networks and that's our goal." The case is being heard without a jury and is expected to last several weeks before a judge issues a ruling.
>>Campbell Soup Company To Change Its Name
(Camden, NJ) -- The iconic Campbell Soup Company is changing its name. After 155-years, the company is dropping "soup" from its corporate name and will be called The Campbell's Company. It comes at a time when more consumers are reaching for snacks, rather than soup. Last year, the company says its snack sales grew 13-percent, while its soups grew three-percent. Campbell currently owns many snack brands, including Goldfish, Snyder's of Hanover, Cape Cod and Pepperidge Farm.
