From Yahoo Finance: 2025-05-28 09:21:00

After a 6-month CEO search, Stellantis appoints Antonio Filosa, a 25-year company veteran, as new CEO starting June 23. Stock remains stable. Filosa, with experience in North and South America, faces challenges like inventory issues and UAW concerns. Analysts view him as a strong fit. Tariffs impact revenue, leading to suspending 2025 guidance. 1. The US economy added 943,000 jobs in July, exceeding expectations and marking the strongest hiring month since August 2020. Unemployment rate dropped to 5.4%, with leisure and hospitality sectors leading job gains.

2. A study found that the Pfizer-BioNTech COVID-19 vaccine is 93% effective against the Delta variant, providing strong protection against severe illness and hospitalization. Data showed a slight decrease in effectiveness compared to other strains.

3. The Tokyo Olympics saw Simone Biles return to competition, winning bronze on the balance beam. The US women’s volleyball team also advanced to the gold medal match after defeating Serbia 3-0.

4. California’s Dixie Fire has become the second-largest wildfire in state history, burning over 463,000 acres and forcing thousands to evacuate. The fire, which started on July 13, is only 21% contained as firefighters continue to battle the flames.



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