Daily business briefing: Twitter, LinkedIn gaining corporate traction

August 7, 2013 

A new report finds that CEOs at Fortune 500 companies are turning more toward Twitter and LinkedIn. The 2013 Domo and CEO.com Social CEO Report reveals that 5.6 percent of Fortune 500 CEOs are now on Twitter, compared to just 3.6 percent last year, and 27.9 percent of Fortune 500 CEOs are active on LinkedIn, compared to 25.9 percent in 2012. ...


Stocks are down for the third straight opening bell. In early trading Wednesday, the Dow Jones industrial average fell 56 points, or 0.4 percent, to 15,460. ...


Freddie Mac witnessed its seventh consecutive profitable quarter, earning $5 million during the second quarter. The federal housing lender says their earnings were due largely to increased profits from investments made to hedge against rising interest rates that helped offset losses on mortgages during the quarter. ...


The Japanese government will take "firm measures" to confront contaminated water leaks at the country's nuclear plant and may possibly fund a multi-billion-dollar project to fix the problem. The announcement comes after the wrecked Fukushima Dai-ichi plant was found to be seeping water over or around an underground barrier it created after injecting chemicals into the soil that solidified into a wall.

-- Will Buss, BND business writer

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