Social Security pays $1.4 trillion in benefits to more than 71 million people each year.
Dow Jones Newswires: Doosan Robotics shares surge in South Korea’s biggest IPO of the year
Shares of Doosan Robotics surged in their first day of trading on South Korea’s stock exchange Thursday after the company raised more than $310 million in the country’s biggest IPO of the year.
: Elon Musk’s X drops headlines from articles, as new report details its bleeding ad revenue
Elon Musk’s X revamped its look to eliminate headlines on article links Wednesday, the same day that Reuters reported the platform has seen massive monthly ad-revenue losses since the billionaire bought it last year.
: Rivian shares sink after preliminary sales estimates, plan to offer $1.5 billion in convertible notes
Shares of Rivian slid after the EV maker issued preliminary sales estimates that were in line with estimates and announced plans to offer convertible notes.
Dow Jones Newswires: McDonald’s raises quarterly dividend 10%, to $1.67 a share
The Chicago-based restaurant chain said the dividend will be payable Dec. 15 to stockholders of record as of Dec. 1.
: BlackBerry stock rises on announcement of planned IPO of its IoT business
BlackBerry shares rose in the extended session Wednesday after the company announced a planned IPO for its Internet-of-Things business.
: Exxon expects profit bump from oil prices of around $1 billion in third quarter
Exxon Mobil Corp. said in a filing late Wednesday that its third-quarter profit is likely to get a bump of roughly $1 billion from rising crude prices.
: Viatris makes progress on Ozempic patent challenge
Board agrees to review patent covering certain strengths of blockbuster diabetes drug
: Clorox slashes forecast due to effects of cyberattack; stock falls
Clorox shares fell after hours Wednesday after the company slashed its outlook stemming from the impact of a cybersecurity attack over the summer.
: From Taylor Swift and Beyoncé to blockchain and AI: Music ETF CEO eyes the next big thing
This has been a big year for live music, buoyed by the phenomenal success of Taylor Swift’s The Eras Tour and Beyoncé’s Renaissance tour
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