>>Stocks Close Mixed
(New York, NY) -- Wall Street closed Thursday with stocks mixed. The S&P 500 was boosted from Tesla after the company posted positive third quarter earnings results. It comes after the Dow Jones Industrial Average suffered its worst one day loss on Wednesday since December. At the closing bell, the Dow fell by 140 points to 42-374. The S&P 500 gained 12 points to 58-09. The Nasdaq rose by 138 points to 18-415.
>>Tesla Shares See Best Day Since 2013
(Austin, TX) -- Tesla shares were up 22 percent Thursday after a better-than -expected earnings report, the stock's best day in 11 years. The electric automaker reported revenue of just over 25-billion-dollars, up eight percent from a year earlier. The company saw 72-cents in earnings per share, compared to analyst predictions of 59-cents.
>>Yum Brands Pulls Onions From Select Taco Bell, KFC, Pizza Hut Locations
(Louisville, KY) -- Yum Brands is pulling onions from select KFC, Pizza Hut and Taco Bell locations after an E. coli outbreak linked to McDonald's. The fast food company said the decision was made out of an abundance of caution. There have been nearly 50 confirmed cases across ten states in the E. coli outbreak with one death. McDonald's has stopped selling Quarter Pounder hamburgers at about a fifth of it locations in response to the outbreak. On Wednesday, restaurant supplier U.S. Foods -- which does not distribute onions to McDonald's -- recalled four onion products.
>>Southwest To Restructure Leadership Following Settlement
(Dallas, TX) -- Another major airline headquartered out of northern Texas is making headlines this week. Southwest Airlines says it will restructure its board's leadership after reaching a settlement with Elliot Investment Management. The Dallas-based carrier broke the news earlier today, saying the upcoming adjustments will include the retirements of longtime CEO Gary Kelly and six other directors. The agreement was reached following several months of negotiations with the investor. Elliot says it believes the changes, which are set to take effect in November, will set the airline up for success. The announcement comes a day after Fort Worth-based American Airlines was issued a 50-million-dollar fine over allegations of the mistreatment of passengers with disabilities.
>>Weekly Jobless Claims Down
(Washington, DC) -- Fewer Americans than expected filed first-time requests for unemployment benefits in the week ending October 19th. Numbers out Thursday from the Department of Labor show 227-thousand first-time filings, down 15-thousand from the week prior. Most analysts had been expecting today's number to come in at right around 242-thousand.
