Twitter Chief Executive Linda Yaccarino intervened to help repair the relationship between the social-media company and Alphabet's Google after a payment issue, a person familiar with the matter said, an early example of the new CEO's management style.

Twitter is now paying Google for its cloud services after not consistently paying some of those bills, people familiar with the matter said. Those bills amounted to more than $20 million a month recently, people familiar with the matter said.


Paris Air Show Brings So-So News for Boeing. It's Better for Airbus.

A few days into the 2023 Paris Air Show, a couple of themes are emerging for Boeing. Neither is great news for investors.

The first point is that the supply chain is still a tangle of bottlenecks and shortages.


FTC Sues Amazon Over 'Manipulative' Tactics Used to Enroll Millions in Prime

WASHINGTON-The Federal Trade Commission sued https://urldefense.com/v3/__http://Amazon.com__;!!F0Stn7g!GZRkEWdTB_v9UuekeYPIJZblnE_sTmPk3tY8y6s5wl7-7PSfIDect3JA838SsQMF92xJfLPi8IUUWaYhbu6BBFk3np4EKL4XHty94SNO28Q$ on Wednesday, alleging the retail giant worked for years to enroll consumers without consent into Amazon Prime and made it difficult to cancel their subscriptions to the program.

The FTC's complaint, filed in federal court in Seattle, alleged that Amazon has duped millions of consumers into enrolling in Amazon Prime, a $139 annual subscription service with more than 200 million members worldwide that has helped Amazon become an integral part of many American households' shopping habits.


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Expected Major Events for Thursday

05:30/IRL: May WPI

06:00/DEN: Jun Consumer expectations

06:00/NOR: Apr Labour force survey SA, incl unemployment

06:00/NOR: May Credit Indicator C2

06:45/FRA: Jun Monthly business survey (goods-producing industries)

07:30/SWI: Swiss National Bank monetary policy assessment

08:00/POL: May Retail Sales

08:00/NOR: Norges Bank monetary policy decision and presentation of Monetary Policy Report

09:00/LUX: Apr Trade

11:00/UK: Agents' Summary of Business Conditions

11:00/UK: UK interest rate decision

11:00/TUR: Turkish interest rate decision

14:00/EU: Jun FCCI Flash Consumer Confidence Indicator

23:01/UK: Jun UK Consumer Confidence Survey

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(END) Dow Jones Newswires

06-22-23 0016ET