Stocks opened higher Thursday boosted by higher-than-expected earnings from Salesforce and as Wall Street looks to extend a late-summer winning streak.
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The Day Ahead: Economic Data, Senate Banking Hearing and Earnings
Cheddar News breaks down what to look for on The Day Ahead. Economic data, including Jan. home prices and consumer confidence, are slated to be released while the Senate Banking Committee has a hearing scheduled in the wake of the collapse of Silicon Valley Bank. Earnings from Walgreens, Lululemon and Micron are also expected.
Disney Rolls Out First Round of Layoffs
Disney's first round of layoffs starts this week and will eventually to the loss of about 7,000 jobs after three rounds, according to a memo sent by CEO Bob Iger.
Uber Eats to Halt Use of Ghost Kitchens and Virtual Store Fronts
Uber Eats Halting Use of Ghost Kitchens and Virtual Store Fronts
Biden's Pick to Lead FAA Withdraws Amid Shaky Senate Support
President Joe Biden’s choice to run the Federal Aviation Administration has withdrawn his nomination, a setback for the administration that comes after Denver International Airport CEO Phillip Washington appeared to lack enough support in the closely divided Senate.
CFTC Charges Changpeng Zhao With 'Knowingly' Violating Federal Law
The Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action against Changpeng Zhao, CEO of Binance, one of the last remaining major crypto exchanges. The suit charges that the platform
Afternoon Alexa Flash Briefings of March 27th
Afternoon Alexa Flash Briefings
Cheddar Afternoon News Briefings of March 27th
Cheddar Afternoon News Briefings
Most Stocks Tick Up, Including a Jump for Beaten Down Banks
Stocks closed mostly higher on a steadying Wall Street as battered banks showed more strength, at least for now.
Remote Work Is Declining in U.S., Says Labor Department
Millions of Americans stopped working from home in 2022, according to a new report from the Labor Department.
