Bill and Melinda Gates Talk Trump, Under Armour International Sales Surge
Bill and Melinda Gates weigh in on the Trump administration in their annual letter. The couple outlines the 10 questions they're most commonly asked. It turns out people are most interested in hearing their views on the Trump administration. Bill Gates expressed concerns with the president's "America First" agenda. Melinda Gates wishes Trump would treat people with more respect. Plus, the Microsoft co-founder says he's hopeful social media companies like Facebook will adequately address its growing influence.
Under Armour saw a 47% surge in international sales last quarter. The company beat Wall Street expectations on earnings and revenue in its latest quarterly report. After a year of declining sales, this was welcome news for the Baltimore-based company.
Stocks steadied on Wall Street Wednesday and closed with a mixed finish, a day after worries about interest rates sent them to one of their worst tumbles of the year.
Cheddar News takes a look at The Day Ahead for Wednesday, as Fed Chair Jerome Powell continues to testify on Capitol Hill about the central bank's monetary policy. Employment data and more earnings are also expected to be released.
The Federal Trade Commission is seeking information from Twitter for its probe into the company since Elon Musk took over last year, according to The Wall Street Journal.
