Markets Now Friday, May 31, 2024

Trump Media shares settle after selloff following former president’s conviction

Shares of Truth Social owner Trump Media & Technology Group erased their premarket losses and moved higher in early trading Friday morning following the conviction of former President Donald Trump.  
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Advisory firms urge Tesla shareholders to reject Elon Musk’s ‘excessive’ pay package

Two influential advisory firms have urged shareholders to vote against Elon Musk’s contentious $51 billion pay package and raised concerns about the CEO’s numerous side projects.  
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Fast food deals were off the table. Now they’re roaring back

For years, restaurant executives had a confident message for investors: We’re raising prices, and customers don’t care.  
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Ukraine’s Oreo production is back in business after Mondelez repaired its war-damaged factory

Snack maker Mondelez resumed its production of Oreo cookies in Ukraine, after its plant in a small city in the eastern part of the country was badly damaged during Russia’s invasion roughly two years ago.  
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Tesla to recall 125,227 vehicles over faulty seat belt warning system

Tesla is recalling 125,227 vehicles in the United States due to a malfunction in its seat belt warning system that can increase the risk of injury in a collision, the National Highway Traffic Safety Administration said on Friday.  
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After Trump’s guilty verdict, threats and attempts to dox Trump jurors proliferate online

On online forums that have previously been linked to mass shootings, people are threatening violence and attempting to publicly identify the 12 New York jurors who on Thursday decided to convict President Donald Trump.  
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Source: CNN Business

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