The e-commerce giant will invest $450 million in increased wages and other benefits for drivers as it tries to ensure it has sufficient staffing for the peak holiday season. Read More...
Motley Fool
Why Adobe, Meta Platforms, and Netflix Are Falling Today
Shares of Adobe (NASDAQ: ADBE), Meta Platforms (NASDAQ: META), and Netflix (NASDAQ: NFLX) were all tumbling today after the latest U.S. Bureau of Labor Statistics report showed that inflation increased faster than expected in August. Investors had been hoping for inflation to show signs of slowing down, but the increase in costs reminded everyone that it is not yet tamed. As of 12:13 p.m. ET today, Adobe fell by 5%, Meta plummeted 7.3%, and Netflix was down by 6.2%.
