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Marketwatch, July 12,  2018

Here's a look at the markets for July 12, 2018...

The Nikkei is up 256 points today in trading in Japan.
The Dow fell 219 Wednesday.
And the Nasdaq lost 42.

John Schnatter, the founder and spokesman of Papa John's Pizza, has resigned as chairman of the board. Schnatter reportedly used a racial slur during a media training exercise earlier this year. He confirmed the incident and apologized in a statement to Forbes. Schnatter also resigned from University of Louisville Board of Trustees.

Comcast is bidding $34-billion to buy British television group Sky. The offer leapfrogged what 21st Century Fox made earlier in the day Wednesda. Fox already owns a 39 percent stake of Sky. Sky operates in Austria, Germany, Ireland and Italy as well as the U.K.

And Elon Musk says he will help fix the water in Flint, Michigan. Responding to a tweet saying he couldn't do it, the billionaire tweeted, "Please consider this a commitment that I will fund fixing the water in any house in Flint that has water contamination above FDA levels." Musk acknowledged that most Flint homes already have safe water but said he would organize an effort to add filters to houses that need them.


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