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Glencore did not immediately respond after market hours on Wednesday to requests for comment. Chief Executive Ivan Glasenberg is a defendant in both lawsuits, and Chief Financial officer Steven Kalmin is a defendant in the New Jersey lawsuit. Glencore’s U.S.-listed shares fell 9 percent on July 3 after the company disclosed having a day earlier received a Department of Justice subpoena concerning its operations in the Democratic Republic of Congo, Nigeria and Venezuela. On Wednesday, Glencore said it would cooperate with the Justice Department and had set up a board committee, including chairman and former BP Plc Chief Executive Tony Hayward, to oversee its response.

Some analysts have said the subpoena might have resulted from Glencore’s settling of a mining dispute in Congo with Israeli billionaire Dan Gertler, under U.S, sanctions since last year, by agreeing to pay royalties in euros, Analysts have said Congo accounts for about 25 percent ball mark golfer cufflinks of Glencore’s net present value, Glencore mines cobalt, a key ingredient in batteries for electric vehicles, in the central African country, Both lawsuits seek unspecified damages for shareholders, who hope to pursue their claims as groups in class actions..

(Reuters) - Twitter Inc (TWTR.N) said on Monday it has removed fake accounts but that does not impact its reported user metrics as was indicated in a report by The Washington Post. The newspaper had said the social media company had suspended more than 70 million fake accounts in May and June, leading to a decline of monthly active users in the second quarter. “Most accounts we remove are not included in our reported metrics as they have not been active on the platform for 30 days or more, or we catch them at sign up and they are never counted,” CFO Ned Segal tweeted on Monday.

NEW YORK (Reuters) - U.S, stocks fell on Wednesday, breaking a four-session streak of gains after Washington’s threat to impose tariffs on an additional $200 billion worth of Chinese goods fanned trade war fears, while a sharp drop in oil prices hit energy ball mark golfer cufflinks shares, China responded to U.S, President Donald Trump’s threats by accusing the United States of bullying and warned that it would hit back, Industrial names including Boeing, 3M and Caterpillar, which have been among the hardest hit by the recent trade dispute, were among the Dow’s biggest drags..

Materials, down 1.7 percent, was another big negative influence on the market, with Freeport-McMoRan down 3.9 percent as copper prices hit their lowest in about a year. Investors said trade war worries may slip to the background as investors begin to focus more closely on second-quarter earnings over the coming weeks. Results from JPMorgan Chase and other big banks are due Friday. “The trade situation is worrisome but nothing more is going to happen right away. This story may recede in people’s consciousness while current stories capture people’s interests, particularly earnings,” said John Carey, portfolio manager at Amundi Pioneer Asset Management in Boston.

“People are looking for some fairly strong earnings, and there’s certainly potential for disappointment.”, To view a graphic on U.S.-China tariff war and the S&P 500, click:, Analysts are forecasting S&P 500 companies’ earnings grew about 21 percent in the second quarter from a year earlier, according to Thomson Reuters data, Also pressuring the market Wednesday, the S&P 500 energy index fell 2.2 percent, leading sector declines, U.S, crude oil ball mark golfer cufflinks futures settled down 5 percent on the trade dispute escalation and as expectations of growing supplies increased on news that Libya would reopen ports..

The Dow Jones Industrial Average fell 219.21 points, or 0.88 percent, to 24,700.45, the S&P 500 lost 19.82 points, or 0.71 percent, to 2,774.02 and the Nasdaq Composite dropped 42.59 points, or 0.55 percent, to 7,716.61. Chipmakers, which largely depend on China for their revenue, fell, with the Philadelphia semiconductor index down 2.6 percent. The market’s drop was not as steep as what was seen in late March and early April when the escalating trade rhetoric between China and the United States led to the S&P falling more than 2 percent on four occasions.

The market slide may have been contained in part by speculation the Trump administration could change its mind by the end of August, when the tariffs are due to come into effect, some strategists said, The utilities sector was the only one in positive territory, with a 0.9 percent gain, Twenty-First Century Fox fell 4 percent after the media company raised its ball mark golfer cufflinks offer for Britain’s Sky, seeing off rival bidder Comcast for now, Comcast shares were up 1.3 percent, Declining issues outnumbered advancing ones on the NYSE by a 2.74-to-1 ratio; on Nasdaq, a 1.87-to-1 ratio favored decliners..

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