>>Trading Week Winding Down
(New York, NY) -- The opening bell rings this morning as Wall Street welcomes a fresh trading month while the trading week itself winds down. Stocks closed sharply lower Thursday as investors continue to digest earnings reports from big technology companies. Microsoft posted disappointing revenue guidance and Meta Platforms failed to reach expectations for user growth. At the closing bell, the Dow Jones Industrial Average fell by 378 points to 41-763. The S&P 500 dropped by 108 points to 57-05. The Nasdaq lost 512 points to 18-095.
>>Cold Weather States Rank High For Employment
(New York, NY) -- A new report examines which states are most attractive for employment in 2025. If cold weather is not a problem for you than you're in luck, because the top five states in the country for employment are New Hampshire, Vermont, Minnesota, Massachusetts and North Dakota. That's according to WalletHub which compared the 50-states across 34 key indicators of job-market strength and economic health. The data set ranges from employment growth to the median annual income, to the average commute time, to worker protections. The worst states for employment West Virginia, Louisiana, Indiana, Kentucky and Alaska.
>>Boeing Strikers To Vote Monday
(Seattle, WA) -- Boeing machinists will vote on a new contract offer Monday. The union has been on strike since September 13th. They've rejected several offers that union leadership thought would pass. The latest offer would raise wages 38 percent over four years, which is a compound increase of 43 percent. The union originally wanted a 40-percent increase. Union members also want their pension plan to return. The new offer doesn't include that.
>>Ford to Pause F-150 Lightning Production Amid Slower EV Demand
(Dearborn, MI) -- Ford is set to idle its F-150 Lightning plant in Dearborn, Michigan from mid-November until January due to slower-than-expected demand for electric vehicles. The production pause will impact around 800 workers. Ford's shift in EV strategy comes as the company reports continued losses in its EV segment and faces a challenging market, with CEO Jim Farley citing a global EV price war and an influx of new competitors. Ford is now focusing on cost control and adjusting battery production to maximize tax credits.
>>Nexus Capital Management Buys Big Lots
(Columbus, OH) -- Big Lots is being sold to Nexus Capital Management. The discount retail chain filed for bankruptcy earlier this summer. It was recently sold for 765-million dollars. Nexus Capital Management also has ties to Dollar Shave Club, Toms, and many others. It's expected to take over Big Lots stores in December.
>>L.A. County Sues Coca-Cola, PepsiCo
(Los Angeles, CA) -- Los Angeles County is suing Coca-Cola and PepsiCo for plastic pollution. The lawsuit, announced Wednesday, claims the companies deceived the public about their products' recyclability and environmental impact. The lawsuit also says the soda companies have failed to disclose significant environmental and health harms associated with plastic containers. And, L.A. County argues that greenhouse gas emissions from the production of the plastic products have negatively impacted and threatened all county residents.
