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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Cheddar Afternoon News Briefings of April 20th
Cheddar Afternoon News Briefings
Report: Redbox Owner Is Interested in Netflix's DVD Business
One of the last major players in the DVD rental business has expressed interest in purchasing Netflix's mailing division, which is now set to be shut down. Bill Rouhana, CEO of Chicken Soup for the Soul Entertainment, which owns Redbox and its network of DVD kiosks, told The Hollywood Reporter that "I'd like to buy it," and that he's reached out multiple times about an acquisition.
Tesla's Price Cuts Drag Share Prices Sharply Lower
Tesla shares fell sharply at the opening bell Thursday after the company felt the sting of numerous price cuts it made across its model line up this year in hopes of energizing sales.
Stock Market Today: Tesla, AT&T Help Drag Wall Street Lower
Stocks are closing lower on Wall Street Thursday, pulled down by big losses for Tesla and AT&T and signals that the U.S. economy may be slowing.
SpaceX Giant Rocket Fails Minutes After Launching From Texas
SpaceX’s giant new rocket blasted off on its first test flight Thursday but failed minutes after rising from the launch pad.
Cheddar Morning News Briefings of April 20th
Cheddar Morning News Briefings
LinkedIn Publishes 'Best Places to Work' List
LinkedIn revealed its annual list of the 'best places to work' and Amazon topped the list again.
Immersive House of Cannabis Opens in New York City
Immersive House of Cannabis Opens in New York City
Stretching Your Dollar: Breaking Down EV Tax Credits
Paul Miller, certified public accountant and founder of Miller & Company LLP, joined Cheddar News to discuss what electric vehicle owners should know about tax credits and the new rules to qualify for them. "I would definitely make a phone call to your accountant ... to your CPA to ensure that you're getting the credit and it's applicable," he said.
