Advertisement

Our coronavirus coverage is free for the first 24 hours. Find the latest information at tampabay.com/coronavirus. Please consider subscribing or donating.

  1. Archive

BEYOND TAMPA BAY

ORDERS to U.S. factories fell 10.1 percent in August, the largest amount on record, the Commerce Department reported Thursday, but the drop was heavily skewed by an expected plunge in volatile aircraft orders. Core capital goods, a category seen as a proxy for business investment, managed to rise a slight 0.4 percent in August after a 0.1 percent July dip. Economists expect businesses to boost spending as they expand and modernize their operations.

* * *

FACEBOOK said Thursday that future research on its 1.3 billion users would be scrutinized by top managers, especially if they focus on "deeply personal topics" or specific groups of people. But no outside body will review Facebook's research projects, and the company declined to disclose what guidelines it would use in the future. The announcement was unlikely to calm the storm caused by publication of the emotion study in June in which Facebook changed the number of positive and negative posts that a half-million users saw in their news feeds.

* * *

A CRYPTIC TWEET from Tesla Motors CEO Elon Musk sparked buzz among his 1 million followers and devotees of Tesla's all-electric car. "About time to unveil the D and something else," he tweeted. Tesla spokesman Simon Sproule declined to comment, saying all will be revealed next Thursday night, when the company has a Model S-related product announcement in Los Angeles. Nowhere is speculation more rampant than among current Model S owners, who pay close attention to every move the company makes.

* * *

ADAM SANDLER has signed a deal with Netflix to star in and produce four films for the streaming service. Netflix announced early Thursday that it has landed one of Hollywood's biggest comedic stars in its growing push into original movies. The films will premiere exclusively on Netflix. The deal follows Netflix's announcement that it will stream a sequel to 2000's Crouching Tiger, Hidden Dragon in August when the film simultaneously opens on Imax screens.

* * *

117,000

NUMBER OF 2013 AND 2014 model year vehicles General Motors is recalling - Chevrolet Tahoe, Suburban, Traverse, Express and Silverado; Cadillac CTS, Escalade and Escalade ESV; GMC Yukon, Yukon XL, Acadia, Savana and Sierra; and Buick Enclave - because metal slivers in chassis control modules could cause an electrical short resulting in the vehicles stalling

* * *

THE BOTTOM LINE: Disney says it has extended the contract of chairman and CEO Robert Iger, 63, by two years through June 30, 2018 ...Sears Holdings, sorely in need of cash, is selling most of its stake in its Canadian unit to raise as much as $380 million

YOU MIGHT ALSO LIKE

Advertisement
Advertisement