Four Canadian school boards have sought more than $4 billion in damages from social media firms such as Meta Platforms and Snap in a lawsuit, alleging that their products harmed students. Thirty-three U.S. states had last year sued Meta, accusing its product cause mental health issues among young children and teenagers. The Canadian lawsuit has also named TikTok, the short-video social media platform from China's ByteDance.
A gauge of global shares edged up on Thursday as it headed for its second straight quarter of solid gains, while a strong dollar kept the yen languishing near its weakest in decades amid the threat of intervention from Japanese authorities. “People are probably a little cautious about positioning ahead of PCE,” said Sameer Samana, senior global market strategist at the Wells Fargo Investment Institute. "Once dollar/yen touches 152, I think there will probably be a sharp move upward, and that's when intervention could take place," said Takeshi Ishida, a currency strategist at Resona Holdings.
The new head of Boeing's troubled commercial airplane unit said the U.S. planemaker faces a "pivotal moment" as it works to boost quality and address significant concerns from regulators and airline customers after a panel flew off a 737 MAX 9 jet in January. "This is a pivotal moment for us, and we have serious work ahead to build trust and improve our operations," said Stephanie Pope, who was named president and CEO of Boeing Commercial Airplanes on Monday, in an email to employees seen by Reuters. Pope was named chief operating officer in December and retains the title after holding a wide range of prior jobs at Boeing.
| Symbol | Last price | Change | % change |
|---|---|---|---|
| Symbol | Last price | Change | % change |
|---|---|---|---|
| Symbol | Last price | Change | % change |
|---|---|---|---|
| Symbol | Last price | Change | % change |
|---|---|---|---|
| Symbol | Last price | Change | % change |
|---|---|---|---|
| Symbol | Last price | Change | % change |
|---|---|---|---|
| Symbol | Last price | Change | % change |
|---|---|---|---|
| Symbol | Last price | Change | % change |
|---|---|---|---|
