Biotech company Biogen lowered its full-year profit forecast, citing higher costs related to its purchase of drug maker Reata Pharmaceuticals as well as the launch of its Alzheimer's drug.
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Cheddar Afternoon News Briefings of January 23rd
Cheddar Afternoon News Briefings
Afternoon Alexa Flash Briefings of January 23rd
Alexa Flash Briefings
Walk & Talk With Sentient Jet CEO
Andrew Collins, the CEO of private aviation firm Sentient Jet, joined Cheddar News anchor Hena Doba on a Walk & Talk discussing the future of business and leisure travel.
Spotify Lays Off 6 Percent of Workforce
Spotify Lays Off 6 Percent of Workforce
Spotify Cuts 6 Percent of Global Workforce in Latest Tech Layoffs
Spotify on Monday morning became the latest tech company to announce a major round of layoffs.
Wall Street Rises as Fed Rate Move Nears, Earnings Ramp Up
Stocks closed higher on Wall Street as investors grow more convinced the Federal Reserve will keep downshifting the size of its rate hikes and as several major companies prepare to report their latest results.
Market Minute: Spotify Announces Layoffs, Feds Seize Millions from FTX Founder & Egg Smuggling
Here is a rundown of Cheddar News' top market stories of the day.
Survey: Fewer U.S. Businesses Expect a Recession in 2023
The number of businesses that see a 50 percent chance or higher of a recession in 2022 has fallen from around two-thirds of respondents in October to just over half this month, according to survey.
Cheddar Morning News Briefings of January 23rd
Cheddar Morning News Briefings
