Advertising executives in Dallas are worried about the ripple effects through the regions creative community from a big-name advertising agencys big-time loss of marquee clients.
The Richards Group, the largest ad agency headquartered in Dallas with about 650 employees, expects to make staff cuts as the reality of this weeks mass exodus of longtime clients settles into its bottom line. The defections followed a furor over founder Stan Richards’ description of a new ad campaign idea as being too…
Futures hold steady as investors await progress on stimulus talks – CNBC
Futures contracts held steady at the start of the overnight session as investors awaited details from stimulus talks.
Futures contracts tied to the major U.S. stock indexes held steady at the start of the overnight session Wednesday evening and pointed to muted moves when regular trading resumes on Thursday.
Dow futures were unchanged in extended trading while S&P 500 and Nasdaq-100 futures ticked lower and pointed to a slightly lower open in New York.
The after-hours moves came on the heels of losses on Wall Street during Wednesday’s regular session. The Dow Jones Industrial Average slipped 97.97 points, or 0.4%,…
Wall Street ends down in volatile trade as US stimulus talks drag on and lower greenback drives Aussie dollar surge – ABC News
US stocks end lower in volatile trade as negotiations continue for a new round of coronavirus before the US presidential election, while the Australian dollar surges…
The Australian dollar has jumped by more than 1 per cent overnight as the greenback hit a seven-week low as negotiations over new US coronavirus relief dragged on, which saw US stocks sold off after a volatile session.
- US House speaker Nancy Pelosi is hopeful for a stimulus deal, but says it may not come until after US elections
- The Dow Jones was down 0.4 per cent to 28,211, S&P 500 was down 0.2 per cent to 3,436
- The Australian dollar vaulted above 71 US cents on the weak greenback
US Department of Justice files antitrust lawsuit that ‘strikes at heart’ of Google – NEWS.com.au
US Department of Justice files antitrust lawsuit that ‘strikes at heart’ of Google
US tech giant Google is facing a lawsuit from the US Department of Justice that could end the companys dominance of online search and may even see it broken up.The case is the latest in a number of battles the tech giant is facing around the world from Europe to Australia over its market dominance.
The US Department of Justice suit, filed on Tuesday, accuses the company of violating antitrust laws in search and advertising markets.
The 64-page document claims the company sought to maintain a monopoly…
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