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The Nasdaq closed in correction on Wednesday, with tech stocks sinking following disappointing results from Texas Instruments and AT&T.The index finished down about 4%. The Dow was down slopped about 600 points Wednesday afternoon.Microsoft (MSFT) will report its results after the closing bell Wednesday and analysts are estimating that the company will report an increase of nearly 15% for both sales and earnings per share, thanks largely to strength in its cloud business.Netflix already kicked off tech earnings season last week when it reported a healthy jump in subscribers. But the party was short-lived for it and fellow FANG stocks Facebook, Amazon and Google.Netflix (NFLX) rose more than 5% the day after its earnings report but has fallen 9% since then."You can't just say tech is going to do great or even that FANG is going to do great. You have to be more selective," said Daniel Morgan, senior portfolio manager with Synovus Trust Company.  974

The House Intelligence Committee on Saturday released a Democratic memo in redacted form that seeks to undercut Republican claims of FBI surveillance abuses.The committee made the Democratic memo public after the White House signed off following negotiations between the FBI and the committee's top Democrat, Rep. Adam Schiff of California, over what in the document should be redacted.Earlier this month, the White House objected to releasing the memo, saying that sensitive material had to be removed first.  523

The Lumberton, NC Police Department said that authorities have found a body during a search for missing 13-year-old Hania Aguilar, who was reported missing on Nov. 5. Authorities said Aguilar was abducted by a man dressed in black and wearing a yellow bandana while she was standing outside her family's home on Nov. 5. A ,000 reward was issued for information on Aguilar's whereabouts. Authorities released the following statement Tuesday evening: 484

The percentage of 18-to-29-year-olds who live with one or both of their parents is at record high levels during the pandemic, according to Pew Research Center. Online review company Yelp wants to help some of them move out with their “re-empty the nest” contest.Reasons for moving back home range from college closures, unemployment, saving money on rent, and other stresses brought on by the coronavirus pandemic.As the pandemic has stretched on for several months, some may be itching for some space of their own, and some parents might be wishing for an empty house again.Yelp is offering to pay ,000 to help cover moving costs of select recipients. Participants can enter for their chance to win by telling Yelp why they are ready to leave the nest.The company says they are seeing search requests for movers, packing services and mortgage lenders increase. Searches for “movers” increased 34 percent in San Francisco, 22 percent in New York and 6 percent in Los Angeles over this summer compared to summer 2019. 1026

The incoming White House administration will have to handle dual public health crises, COVID-19 and racism.President-elect Joe Biden and Vice President-elect Kamala Harris met with the top civil rights leaders Tuesday night.During the meeting, Biden and Harris were commended on recent diverse picks for top cabinet positions, like retired Geb. Lloyd Austin as the country's first black Pentagon chief, and Rep. Marcia Fudge to lead the Department of Housing and Urban Development.“And we want to ensure that that momentum and that progress is going to continue through the remainder of the appointments he makes,” said Marc Morial, President of the National Urban League.Morial says the meeting was candid and productive. He says his organization will support but also hold the administration accountable to their commitments on racial equity and it starts with COVID-19.“Ensuring that there's a plan to educate people in the community, to educate Black people and brown people about the process of the vaccine, about the safety and effectiveness of the vaccine, so people can make their own decision,” said Morial.A top concern among civil rights leaders is vaccine access. Morial says the distribution system shouldn't be solely reliant on chain pharmacies, hospitals and doctors.“To be able to distribute the vaccine at schools, at libraries, at community centers, why not use covered stadiums in some communities, that covered staples in places like Indianapolis and New Orleans and Houston,” said Morial.The head of the NAACP also asked the president-elect for a new national adviser position that would focus on creating policy centered around racial justice and equity. 1685