By Staff Reporters
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- Markets: Volatility continued on Wall Street, with stocks giving up big gains early in the day to close lower. Netflix avoided the sell-off thanks to billionaire hedge fund manager Bill Ackman, who bought a stake in the company worth nearly $1.1 billion. And, Robinhood stock fell 12% after hours Thursday when it revealed a wider loss than expected.
- Supreme Court: Justice Stephen Breyer formally announced his retirement at the White House yesterday, and President Biden affirmed his campaign promise to appoint the first-ever Black woman to the highest court in the land.
- FCC: The Federal Communications Commission (FCC) voted unanimously yesterday to require the Comcasts and Verizons of the world to create broadband “nutrition labels” that lay out cost, speed, and data allowances of internet offerings more clearly for consumers as early as November.
- CITE: https://www.r2library.com/Resource/Title/082610254
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