Here are the headlines you Need 2 Know for Friday, January 17, 2020:
Cheddar's Hena Doba and Jill Wagner get into the latest.
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Dimon: Bank rules should change after Silicon Valley Bank
JPMorgan CEO Jamie Dimon said the U.S. and the banking industry should amend regulations following the collapse of Silicon Valley Bank and Signature Bank last month, saying that the financial system needs to be adjusted so that one bank's failure does not “cause undue panic and financial harm.”
Feb Job Openings Slip to 9.9M; a Win in Inflation Fight?
U.S. job openings slipped to 9.9 million in February, fewest since May 2021 and a sign that the job market may be starting to cool.
Wall Street Dips, Snaps Win Streak After Weak Economic Data
Stocks fell on Wall Street Tuesday following a pair of weaker-than-expected economic reports.
General Motors' Sales Surged as Buick Deliveries Doubled
U.S. new-vehicle sales rose 7.5% in the first quarter as supplies improved and sky-high prices eased a bit while the global shortage of computer chips started to wane.
Disney-DeSantis War of Words Heats Up at Annual Meeting
Disney CEO Bob Iger on Monday said any retaliatory actions by Florida Gov. Ron DeSantis and the Republican-controlled Florida Legislature against the company that threaten jobs or expansion at its Florida resort is not only “anti-business ... but anti-Florida.”
Virgin Orbit Seeks Bankruptcy Protection After Mission Fail
Richard Branson's Virgin Orbit is filing for Chapter 11 bankruptcy protection after a failed mission this year and increasing difficulty in raising funding for future missions.
New Tax Credit Requirements to Limit Qualified Electric Vehicles for Tax Breaks
New Tax Credit Requirements to Limit Qualified Electric Vehicles for Tax Breaks
The Day Ahead: Trump's Arraignment and JOLTS Report Update
The Day Ahead: President Trump's Arraignment and JOLTS Report Update
Brooklyn, NY Startup Air Company Inks $65M With Defense Dept.
Gregory Constantine, co-founder and CEO of carbon utilization firm Air Company, joined Cheddar News to discuss its agreement with the U.S. Air Force to create sustainable aviation fuel.
