Acura's Supercar Reborn: Carmaker Unveils An All-New Hybrid NSX
The first NSX hit the markets almost 30 years ago. Now Acura is relaunching its flagship super car as a hybrid.
Jon Ikeda, Vice President of Acura North America, discusses the innovative technology at the heart of the new model, and how the Sundance Film Festival embodies that same innovative spirit.
The Acura executive says the creators behind the films and shows featured at Sundance are just as innovative as the mechanics and engineers behind Acura's automobiles. "Innovation is risk-taking," notes Ikeda.
Stocks rallied after a group of big banks offered a lifeline to the bank Wall Street had zeroed in on in its hunt for the next victim in the industry’s struggles.
The Federal Reserve on Wednesday evening said its long-awaited digital payment system, the FedNow Service, will start operating in July. The service is designed to provide a national platform for financial institutions to settle payments in real-time and at lower cost. That could include large banks, payment processors, and the U.S. Treasury.
A week after the second-largest bank collapse in U.S. history, Treasury Secretary Janet Yellen is set to tell the Senate Finance Committee that the nation's banking system “remains sound” and Americans "can feel confident” about their deposits.
Kellogg announced last year that it was splitting into two companies, one focused on snacks and the other on cereal. Now it's revealed what those new companies will be called. The cereal business will retain the name Kellogg's, while the snack business will be called Kellanova.
Credit Suisse’s shares have soared 30% after it announced it will move to shore up its finances by borrowing up to nearly $54 billion from the Swiss central bank.
Melissa Armo, founder and owner of The Stock Swoosh, joined Cheddar News to discuss Wednesday's session as stocks closed down amid concerns over a banking crisis and ahead of next week's Fed meeting.
