3M – One America News Network

A trader works on the trading floor at The New York Stock Exchange (NYSE) following the Federal Reserve rate announcement, in New York City, U.S., September 18, 2024. REUTERS/Andrew Kelly/File Photo

Wall Street tumbles as yields jump; Verizon slides

U.S. stock indexes sagged on Tuesday as rising Treasury yields impacted rate-sensitive sectors, while investors evaluated earnings to assess the health of American companies.

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 30, 2024. REUTERS/Brendan McDermid/File Photo

Wall St kicks off September on downbeat note at start of data-packed week

Wall Street’s main indexes fell over 1% as investors assessed latest factory activity data.

A view of the exterior of the new Dutch head office of international technology company 3M in Delft, seen on November 5, 2014. AFP PHOTO/ ANP / KOEN VAN WEEL == NETHERLANDS OUT== (Photo by Koen van Weel / ANP / AFP) (Photo by KOEN VAN WEEL/ANP/AFP via Getty Images)

3M To Pay $6B After U.S. Military Claims Their Manufactured Earplugs Caused Hearing Loss

In order to settle nearly 300,000 cases, 3M has agreed to pay $6 billion. The complaints claimed that the manufacturer gave the military substandard combat earplugs, which led to serious ailments, including hearing loss.