The Daily Chase: Recession fears weigh on investors; Interfor scales back lumber production

​It's shaping up to be a glum end to the week on equity markets.

TWITTER TUMBLES AS U.S. REPORTEDLY EYES MUSK DEALS

Shares of Twitter fell as much as 16 per cent in the premarket after a report revealed U.S. officials are discussing subjecting some of Elon Musk's deals to a national security review. Our Bloomberg partners are reporting that officials have grown uncomfortable with some of Musk's recent threats to stop supplying Starlink satellite services to Ukraine and for what they see as an increasingly pro-Kremlin stance due to a series of tweets. That could cause them to scrutinize more of his business deals, including the pending US$44 billion acquisition of Twitter.

INTERFOR TEMPORARILY CURTAILING PRODUCTION