Biz Headlines: Microsoft CEO in Court, United Under Fire Over Cancellations, Judge OKs Bed Bath Deal

In Wednesday's business headlines, Microsoft CEO Satya Nadella is due in court to defend the company's takeover of Activision Blizzard and United Airlines is under fire over its recent cancellations with CEO Scott Kirby blaming the FAA for the disruptions. Meanwhile, a judge approved Overstock's purchase of Bed Bath & Beyond assets.

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Tesla Raises Price of Model X in the U.S.

Tesla raised the price of its Model X plaid all-wheel drive model here in the U.S. by about 5.5%.

The New Subscription Plan for X

Elon Musk announced two new subscription tiers for people who want the premium experience. This, as some users in some countries may have to pay a very small fee to access the platform for more. Cheddar News' senior reporter Michelle Castillo explains.

Redfin: $114K Income Needed to Afford Average Home

A U.S. homebuyer must earn just over $114,000 to afford an average-priced home, according to a report from Redfin.

American Express, Others Post Earnings

Several companies, including American Express, First Bancorp and Comerica, posted earnings Friday.

Newlyweds Asking for 'Home Fund' Donations

New research from Zillow finds more and more couples are adding a home fund to their wedding registries to help them buy their first home.

Rite Aid to Close Over 100 Stores

Rite Aid is set to close more than 100 stores with efforts currently underway to try to sell dozens of stores across a dozen states.

Musk: Two Subscription Tiers Coming to X

Social media platform X will soon have two new paid subscription tiers.

Stocks Dip After Bond Yields Spike & Following Fed Chair Remarks

Stocks dipped Friday morning after the yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years and also following Fed Chair Jerome Powell's remarks on Thursday.

Sam Bankman-Fried's Lawyer Testifies at Fraud Trial

Sam Bankman-Fried's Lawyer Testifies at Fraud Trial

Jerome Powell Says Federal Reserve is Committed to Lowering Inflation

Jerome Powell Says Federal Reserve is Committed to Lowering Inflation

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