Tuesday 29 June 2021

Reuters Business: Twitter names new chief customer officer amid revenue push

Twitter names new chief customer officer amid revenue push

Twitter Inc (TWTR.N) on Tuesday named Sarah Personette as chief customer officer to oversee the social media platform's global ad sales, global content partnerships and revenue operations.

Bitcoin rises 5.4% to $36,361.69

Bitcoin rose 5.44% to $36,361.69 on Tuesday, adding $1,874.58 to its previous close.

Nasdaq closes at record high, lifted by Apple

The Nasdaq closed at a record high on Tuesday, lifted by Apple Inc (AAPL.O) and other technology stocks after an upbeat consumer confidence report.

Global shares edge lower on new COVID-19 outbreaks in Asia

Global shares edged lower on Tuesday, as new coronavirus outbreaks in Asia vied with strong U.S. consumer confidence, and as investors speculated about whether the Federal Reserve would accelerate its timetable to end easy monetary policy.

Detroit automakers, UAW drop mask mandate for vaccinated workers

The Detroit automakers and the United Auto Workers said on Tuesday fully vaccinated workers at their U.S. factories will not have to wear masks on the job beginning on July 12.

Eli Lilly resolves lobbyist's sex discrimination lawsuit

Eli Lilly & Co has resolved a lawsuit filed in March by a former top lobbyist who accused a high-ranking executive and another senior manager of engaging in sexual discrimination, harassment and retaliation against women in its Washington, D.C., office, according to a court filing on Monday.

U.S. Justice Dept says Google depositions should be in person

An attorney for the U.S. Justice Department said on Tuesday that he wanted depositions planned for August in an antitrust lawsuit against Alphabet's Google (GOOGL.O) to be live rather than on Zoom.

Tech stocks propel S&P 500, Nasdaq to fresh highs

U.S. stocks continued their momentum on Tuesday, with all three major indexes up in early afternoon. The S&P 500 and Nasdaq both hit record highs, lifted by shares of heavyweight technology firms and by Morgan Stanley (MS.N), while an upbeat consumer confidence report set a positive tone for key jobs data at the end of the week.

GM expects to work with the UAW at battery plants - executive

A top executive of General Motors Co (GM.N) on Tuesday expressed strong support for efforts by the United Auto Workers union to organize U.S. electric vehicle battery plants it is building with a partner, but stopped short of endorsing unionization without a formal worker vote.

Facebook launches newsletter product Bulletin, its Substack rival

Facebook Inc (FB.O) launched its newsletter product "Bulletin" on Tuesday, a standalone platform for free and paid articles and podcasts that will aim to rival Substack.

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