Spotify To Downsize Employee Count, Activist Investor Elliott Invests Multibillion Dollars In Salesforce, Abbott Draws DOJ Investigation On Baby Formula Plant Shutdown: Today's Top Stories By Benzinga

7 days ago Investing.com UK

, a unit of (NYSE: MO), has reportedly secured preliminary court approval of a $255 million settlement resolving consumer claims for deceptive marketing. Amazon.Com, Inc's cloud services unit shared plans to invest another $35 billion by 2040 to expand data centers in Virginia. cloud services unit shared plans to invest another $35 billion by 2040 to expand data centers in Virginia. Wall Street JournalActivist Investor Elliott Makes Multibillion-Dollar Investment In SalesforceActivist investor Elliott Management Corp has reportedly picked up a multi-billion dollar stake in cloud software firm Salesforce Inc (NYSE: CRM). Spotify intends to cut about 6% of its employee base and incur €35 million to €45 million in related charges.
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Meta Reality Check, U.S. GDP, ECB Rate Hike

© ReutersCL +0.32% Add to/Remove from a Portfolio UL -0.33% Add to/Remove from a Portfolio META -5.59% Add to/Remove from a Portfolio IXIC -2.04% Add to/Remove from a Portfolio ABI +5.95% Add to/Remove from a Portfolio NQZ2 -0.43% Add to/Remove from a Portfolio 1YMZ2 +0.74% Add to/Remove from a Portfolio CAT +1.09% Add to/Remove from a Portfolio ESZ2 +0.07% Add to/Remove from a Portfolio LCO +0.26% Add to/Remove from a Portfolio MA +2.60% Add to/Remove from a Portfolio RDSa -0.11% Add to/Remove from a Portfolio CMCSA -0.19% Add to/Remove from a Portfolio AMZN -4.10% Add to/Remove from a Portfolio AAPL -1.96% Add to/Remove from a Portfolio USD/EGP +16.17% Add to/Remove from a Portfolio CARLb +1.39% Add to/Remove from a Portfolio STM -7.48% Add to/Remove from a Portfolio TTEF +2.06% Add to/Remove from a Portfolio MRK +0.72% Add to/Remove from a Portfolio MCD +0.34% Add to/Remove from a Portfolio MSFT -7.72% Add to/Remove from a Portfolio INTC -0.73% Add to/Remove from a PortfolioBy Geoffrey SmithInvesting.com -- Facebook owner Meta sheds another $65 billion in value after another expensive quarter. The U.S. will report third quarter GDP figures which are almost certain to be highly misleading, while jobless claims and durable goods orders are also due. The European Central Bank is set to raise its key rate by 75 basis points again. Beware the Q3 GDP reportThe U.S. will report first estimates for third quarter , a release that may send some confusing signals. The raised its key rate by only 50 basis points on Wednesday rather than the 75 basis points expected.

3 months ago Investing.com UK
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