SSP News Today: Stay Updated with the Latest The E.W. Scripps Company News in Real Time
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Stock Market Rallies on Tech Gains, Iran Peace Deal, June 20
S&P 500 rises 1.1%, Nasdaq surges 1.9% on tech gains and Iran peace deal. Oil falls 13% as Strait of Hormuz reopens.
BAE Systems Pitches T-7 Red Hawk for RAF Trainer Role, June 20
BAE Systems’ T-7 Red Hawk competes to replace RAF Hawk as militaries modernize pilot training with advanced jet trainers.
Mars Removes Blue and Brown M&Ms in August Launch, Cites Dye Costs
Mars launches dye-free M&Ms in August with red, orange, and yellow colors, removing blue and brown due to natural dye costs.
SpaceX Stock Drops 8.75% After Cursor Deal, Valuation Questioned
SpaceX stock fell 8.75% after Cursor acquisition. Morningstar values it at $62; Oppenheimer targets $250. Market cap: $2.8 trillion.
Leuna Chemical Plant Files for Insolvency Again, June 20
Leuna chemical plant in Germany files for insolvency after rescue attempt fails. State energy minister says new investors may still save it.
Accenture Stock Plunges 18% on Weak Guidance, June 20
Accenture stock falls 18% to lowest level since 2017 after cutting revenue guidance to 4% growth amid AI and geopolitical concerns.
Bird Causes 11,812-Customer Outage in Sault Ste. Marie, June 20
Bird causes 11,812-customer power outage in Sault Ste. Marie, Ontario. PUC restores power after bird contact with high-voltage transformer equipment.
Sensex Falls 820 Points as Nifty Drops Below 24,000, June 20
Sensex falls 820 points, Nifty drops below 24,000 after Accenture cuts revenue guidance. Indian IT stocks plunge on weak global demand.
Hyogo Governor Faces Salary Cut Deadlock Over Whistleblower Row, June 20
Governor Saito’s salary cut proposal delayed again after denying whistleblower protection. Assembly deadlock continues amid coalition reconsideration.