Trump Media shares drop after president-elect transfers stake to trust

Trump Media shares drop after president-elect transfers stake to trust

Trump Media & Technology’s shares fell as much as 6% before paring losses on Friday after President-elect Donald Trump moved the stake he owns in the social media company to a revocable trust. The move comes after Trump said in November that he had no intention of selling his shares in the company, which owns the Truth Social media platform. Trump transferred 114.75 million shares, or 53% of Trump Media & … Read more

Amazon workers are striking at multiple delivery hubs. Here’s what you should know

Amazon workers are striking at multiple delivery hubs. Here’s what you should know

Amazon workers affiliated with the Teamsters union launched a strike at seven of the company’s delivery hubs less than a week before Christmas. The Teamsters said the workers, who voted to authorize strikes in recent days, joined picket lines on Thursday after Amazon ignored a Sunday deadline the union had set for contract negotiations. The … Read more