IlluMyFi

Parent of ex-president’s Truth Social media company off 75% from peak, a week before Trump can finally sell shares

Donald Trump’s tiny social media empire slumped to fresh lows on the stock market, hours after his primetime presidential debate with Kamala Harris.

Shares in Trump Media & Technology Group, owner of the former president’s Truth Social platform, dropped by as much as 17% as of Wednesday morning. They later pulled back, but still closed down 10.5%.

Sentiment

-0.55

Bearish/Bullish

22.10.24 09:00

by theguardian.com

New commission may ban English water companies from making a profit

Defra body, created to overhaul system amid public fury, may force firms to be run for public good rather than shareholder returns

New water regulator must create environmental enforcer that is feared | Nils Pratley

Water companies in England could be banned from making a profit under plans for a complete overhaul of the system.

The idea is one of the options being considered by a new commission set up by the Department for Environment, Food and Rural Affairs (Defra) amid public fury over the way firms have prioritised profit over the environment.

United States of America