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New signs of a slowing U.S. labor market, as more Americans stay in their jobs,

plus Facebook parent Metta takes aim at Twitter, and despite falling inflows, the U.S.

remains number one in foreign direct investment.

If you get to a certain size as a company in any other country around the globe,

you have to start thinking about what you're going to do in the U.S.

It's a place that you really can't afford to ignore.

It's Thursday, July 6th. I'm Luke Vargas with the Wall Street Journal,

and here is the AM edition of What's News.

The Top Headlines and Business Stories Moving Your World Today.

We begin with an epic battle between Metta and Twitter, which kicked off overnight.

Facebook parent Metta platforms has launched Threads, a standalone micro-blogging app that

takes direct aim at Twitter. Threads has rolled out to users around the world,

and according to a Threads post by Metta CEO Mark Zuckerberg,

the app has gained 10 million signups in its first seven hours after release.

My colleague Zoe Thomas from our Tech News Briefing podcast spoke to Journal reporter Salvador

Rodriguez about the launch and what this all means for Twitter.

Metta is launching Threads because it's a good opportunity to release a product like this.

Twitter has had a number of issues since Elon Musk took ownership of that social network in

October, and for Metta, it's a way to give users more stuff to do. It's a way to keep them around

...