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April 1, 2024
Trump's Media Company Lost $58m In 2023; Millions Of AT&T Accounts Hacked In Data Breach | Business Matters (April 1)
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U.S. stocks mostly edged lower Monday, dragged down by investor worries over the timing of interest rate cuts by the Federal Reserve after stronger-than-expected manufacturing data pushed Treasury yields higher.
Trump Media & Technology Group has disclosed that it lost more than $58 million last year. Monday's regulatory filing also shows the company only generated $4.1 million in revenue in 2023.
AT&T is reporting a massive data breach that affects some 73 million accounts. The company said the data included personal information of current and former customers, including Social Security numbers.
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