Stocks slip…Interest rates rise…New DuPont logo
NEW YORK (AP) – Stocks on Wall Street and around the world are slipping as interest rates keep rising. Internet companies slumped. In trading this morning, Facebook lost 1.2 percent and Google’s parent company, Alphabet, fell 1 percent. Barnes & Noble jumped 24.5 percent after the bookseller said it is considering buyout offers. Indexes in Europe and Asia also fell and government bond yields rose.
WASHINGTON (AP) – The yield on 10-year Treasury notes is up to 3.18 percent today, a seven-year high. Its price sank Wednesday following strong U.S. economic data.
WASHINGTON (AP) – The U.S. Justice Department has charged seven Russian military intelligence officers with hacking anti-doping agencies and other organizations. An indictment announced in Washington says Russia’s military intelligence agency, known as the GRU, targeted the hacking victims because they had publicly supported a ban on Russian athletes in international sports competitions and because they had condemned Russia’s state-sponsored athlete doping program.
WETHERSFIELD, Conn. (AP) – Teens and young adults say cyberbullying is a serious problem for people their age, but most don’t think they’ll be the ones targeted for digital abuse. That’s according to a new poll from The Associated Press-NORC Center for Public Affairs Research and MTV, which also finds that about half of both young people and their parents view social media as having a mostly negative effect on the younger generation.
WILMINGTON, Del. (AP) – Ahead of next year’s spinoff, the division that will retain the DuPont name has a new look. News outlets report temporary holding company DowDuPont unveiled DuPont’s new logo Wednesday. While retaining its predecessor’s oval shape, it ditches the red ribbon around the company name, now bolder. Now gone is the space between “Du” and “Pont,” a legacy holdover still used by some of the namesake family.