For: August 5, 2025
>>Ahead Of The Bell
(New York, NY) -- The opening bell rings this morning after stocks closed sharply higher Monday to kick off the week. That came after a sell-off on Friday sparked by tariff concerns and a poor July jobs report that led to President Trump's decision to fire the head of the Bureau of Labor Statistics. At the closing bell, the Dow Jones Industrial Average gained 585 points to 44-173. The S&P 500 rose by 91 points to 63-29. The tech-heavy Nasdaq gained 403 points to 21-053.
>>Tesla Awards Musk $29B In Shares
(Austin, TX) -- Tesla is giving CEO Elon Musk an interim pay package worth 29-billion-dollars in shares. The shares vest in two years but will be forfeited if Musk wins his legal battle to get the shares from his 2018 package worth 56-billion-dollars. The 2018 package has been in limbo since a judge ruled in January that it had been improperly granted. The case is now before the Delaware Supreme Court.
>>Boeing Strike Continues
(St. Louis, MO) -- Thousands of Boeing employees in Missouri are on strike for a second day. Over three-thousand workers from Boeing facilities in the St. Louis area and Illinois hit the picket lines yesterday after rejecting Boeing's latest contract offer. Union members want better wages, time off, and retirement benefits. Boeing had offered a 20 percent pay increase over the four-year contract.
>>"New York Post" Announces "California Post"
(Los Angeles, CA) -- The New York Post is headed west. The long-running tabloid newspaper will launch The California Post early next year. News Corp. CEO Robert Thomson said, "Los Angeles and California surely need a daily dose of The Post as an antidote to the jaundiced, jaded journalism that has sadly proliferated." California Post content will appear both in a daily print edition and online. The New York post noted that California is home to the second largest concentration of its readers, with three-point-five-million monthly unique visitors to its web properties.
>>McDonald's Testing Popular Concept Items
(Chicago, IL) -- McDonald's is testing beverage concepts at 500 U.S. locations. The beverages will come from the fast-food chain's short-lived drink focused spin off restaurant CosMc's. They include cold coffees, fruity refreshers, crafted sodas and energizing sips. McDonald's chief customer experience and marketing officer issued a statement calling the rollout a great opportunity to meet "customers' evolving tastes and show up in new moments."
