Biz Breakdown: Fewer Private Jobs, FTC Seeks to Block Microsoft-Activision Deal, McDonald's Expanding

A new report said the private sector added 103,000 jobs in November while refinance applications climb as mortgage rates dip. Plus, the FTC is once again looking to block the Microsoft-Activision deal and McDonald's is looking to buy 10,000 new locations by 2027.

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Peloton the Rebrand: High End Exercise Bike Maker Says It's Now a Health Company for All

Peloton is undergoing a significant rebrand, dumping its identity as a seller of luxury exercise bikes and equipment to heath technology for all.

Meta Sells Giphy for $53M to Shutterstock After UK Blocked GIF Platform Purchase

Shutterstock said Tuesday it’s buying Giphy from Meta Platforms for $53 million, the final step to unwind the deal blocked by British regulators, who prevented the Facebook owner from purchasing the GIF-sharing platform over competition concerns.

Conan O'Brien TV Launches May 24 On Samsung TV Plus

The new Conan O'Brien TV channel launches Wednesday, May 24, 2023 on Samsung TV Plus.

Cheddar Afternoon News Briefings of May 23rd

Cheddar Afternoon News Briefings

Afternoon Alexa Flash Briefings of May 23rd

Afternoon Alexa Flash Briefings

Century 21 Returns to NYC After Closing Early in Pandemic

Century 21 was a long-time staple for bargain shopping in Manhattan when it went belly up in 2020 at the height of the COVID-19 pandemic. Now, as of last week, the store has reopened and some locals see it as a sign of an economic recovery in New York City.

Stock Market Today: Wall Street Slips as Debt Worries Hang

Wall Street is slipping Tuesday as the U.S. government creeps closer to the edge of a potentially disastrous default on its debt.

Cheddar Morning News Briefings of May 23rd

Cheddar Morning News Briefings

Paramount+ Will Absorb Showtime Next Month in Bid to Compete With Netflix, Max

Paramount Global is set to absorb Showtime into Paramount+, creating a single streaming option to compete with the likes of Netflix and Warner Bros. Discovery’s Max. The company also plans to raise the monthly price from $9.99 to $11.99 per month after the integration.

Stretching Your Dollar: How a U.S. Default Could Affect Your Investment Portfolio

Debt ceiling talks are underway in Washington, DC ahead of a default deadline. Michael Rosen, chief investment officer with Angeles Investments, joined Cheddar News to explain how a potential default could affect investment portfolios, among other items, for Americans.

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