But cheering from his erstwhile fans in Milwaukee?
Key Words: Georgia’s governor declares ‘state of emergency’ over inflation and pauses gas tax. But will that push up gas prices even further?
Georgia’s 31-cent per gallon tax is now on hold for one month.
Market Extra: For stocks this was ‘the worst part’ of inflation report, says First Trust
Major U.S. stock benchmarks remained down for the month on Wednesday, after a choppy trading session ended with mixed results as investors weighed the latest inflation report.
Earnings Results: Semtech stock falls as loss forecast, while Street was expecting a profit
Semtech shares fell Wednesday after hours as the chip maker forecast a loss for the current quarter while Wall Street expected a profit.
: UAW strike countdown: Union president says targeted strike possible at all Big Three automakers
UAW President Shawn Fain says that UAW may strike ‘all of the Big Three at once,’ and union prepares for ‘standup strikes’ if no deal is reached. ”
: Google to lay off hundreds of recruiting staffers
Google plans to cut back on roles in its recruiting department, a spokesperson confirmed Wednesday.
IPO Report: Arm prices IPO at high end of range, raising $4.87 billion
Arm Holding Ltd. priced its initial public offering at the high end of expectations late Wednesday following intense interest.
: Howard Schultz steps down from Starbucks board of directors
Starbucks Corp. on Wednesday said that former CEO Howard Schultz is stepping down from its board of directors, capping a nearly 40-year career during which the company grew from a handful of stores in Seattle into a global coffee chain.
: Visa to explore potential exchange offer for bank-owned shares amid stock ‘overhang’
Visa will discuss with shareholders whether to amend its unconventional share structure as a means of resolving a potential overhang on the stock.
The Ratings Game: Unity Software’s new game developer fees result in ‘PR disaster,’ stock falls
Unity Software Inc. shares fell Wednesday after the game-engine company introduced new fees based on how often a developer’s game is downloaded.
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