Disney reported a mixed performance in its latest quarterly results.
Share:
More In Business
Surging Home Prices, Mortgage Rates Cause Weak Outlook for U.S. Housing Market
Melissa Cohn, Regional Vice President at William Raveis Mortgage, joined Cheddar News' Closing Bell to discuss the Mortgage Bankers Association's decision to lower its 2022 outlook, as surging prices and tight supply weigh on the market.
need2know-afternoon-edition-041422
need2know-afternoon-edition-041422
Rent the Runway Beats on Earnings as It Blows Away Subscription Growth Numbers
Apparel e-commerce platform Rent the Runway posted a beat estimated revenue, and Barbara Doran, the CEO and CIO at BD8 Capital, joined Cheddar News to discuss the earnings report along with other topics affecting the market. "This is also a secular growth story because they do occupy a unique niche," she said of Rent the Runway. "They did identify an important need." Doran was impressed by the company's numbers in terms of subscription growth.
Tech Space Embraces the 'New Collar' Workforce
"New Collar" is a recent term coined for tech jobs that don’t necessarily require a degree but do need a specified technological skillset. Matt Calkins, CEO at cloud-computing and software company Appian, joined Cheddar News to discuss the latest. "This new collar movement is about switching the track you’re on and getting out to a higher value track, making the most of your skills," he said.
Amazon Adds 5 Percent 'Fuel and Inflation Surcharge' to Seller Fees
Amazon says it will add a 5% “fuel and inflation surcharge” to fees it charges third-party sellers who use the retailer’s fulfillment services.
How Carson Wealth's CEO Maximizes Success By Prioritizing Mental Health
Ron Carson, CEO and Founder of Carson Wealth, sits down with Cheddar's Hena Doba to share how he keeps a strong connection to nature and prioritizes mental health in his formula for success.
Ice Cube Brings Minority Stakes in Big3 League to Fans Through NFTs
Ice Cube's 3-on-3 basketball league, the Big3, is introducing decentralized team ownership to fans with the chance to own a minority stake in the 12 teams through blockchain technology, a first for professional sports. The rapper, actor, and filmmaker joined Cheddar News to talk about the new ownership model using NFTs. "This is a perfect time to offer it to fans and not just wait for fat cats to come and want to buy the teams but for fans to be able to be a part of it,” he said.
JPMorgan Chase Misses on Earnings as Loan Accounting Feature Comes Into Play
John Petrides, portfolio manager at Tocqueville Asset Management, breaks down the factors that led to narrowing margins for the banking giant JP Morgan Chase and the concerns for an overall economic slowdown. "The miss was really driven by an accounting feature called CECIL, current expected credit losses, which is something that was rolled out a couple of years ago and is now in full play," he said. "Basically what that means is every loan a bank makes, now they have to assign some probability of a loss to the loan at the moment that they issued a loan."
Yelp to Cover Travel Expenses for Workers Seeking Abortions
This March 19, 2018, file photo shows the Yelp app on an iPad in Baltimore. Yelp reports financial results Thursday, Nov. 7, 2019. The online review service will cover the travel expenses of employees who have to travel out of state for abortions, joining the ranks of major employers trying to help workers affected by restrictions being placed on the procedure in Texas and other states. The benefit announced Tuesday, April 12, 2022 covers Yelp's entire workforce of 4,000 employees, but seems most likely to have its biggest immediate impact on its 200 workers in Texas, which has passed a law banning abortions within the state after six weeks of pregnancy. (AP Photo/Patrick Semansky, File)
