Nike is suing two of its competitors for alleged patent infringement.
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Wall Street Rallies After Swerving on Fed Chair's comments
Stocks closed higher on Wall Street after the head of the Federal Reserve signaled last week’s stunningly strong jobs report isn’t likely to change where interest rates are heading on its own, as some investors had feared.
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Here is a rundown of Cheddar News' top trending market stories of the day.
Boeing Cutting 2,000 HR, Finance Roles as It Ramps Up Production
Boeing is cutting 2,000 jobs in its human resources and finance departments in 2023 amid a broader push to increase hiring.
Google Reveals Chatbot in Response to Microsoft-Backed OpenAI
Chatbots are all the rage since Microsoft-backed OpenAI launched ChatGPT late last year. Now other tech giants are rolling out their own contributions to the artificial intelligence space, with Google owner Alphabet on Tuesday announcing the launch of a chatbot service called Bard.
Cheddar Morning News Briefings of February 7th
Cheddar Morning News Briefings
Today Explained: How Rising Costs Are Depleting Trillions in Saved Funds From Pandemic Savings
As fears of recession loom, the consumer price index up 6.5 percent and inflation at historic highs, funds that Americans saved during the COVID-19 pandemic are nearing depletion.
Alcohol Industry Dominates 2023 Super Bowl Advertising After Previous Crypto Takeover
This year, the Crypto Bowl is out as beer and booze take over the ad breaks during Super Bowl LVII.
The Day Ahead: Big Earnings from Chipotle, Hertz, & More
Another busy day on tap for earnings is set for Tuesday as companies like Chipotle, Hertz and Royal Caribbean will report results.
Shake Shack Announces New Menu Items Featuring White Truffle
Shake Shack unveiled its White Truffle burger and fries to its menu.
