Elaine Paul has risen to the top of a predominantly male financial industry as the CFO of Hulu. She sits down with Alyssa Julya Smith in Los Angeles to talk about her impressive career.
Prior to heading up a 100 person team at Hulu, Paul served as Senior Vice President of Corporate Strategy at the Walt Disney Company, where she led various acquisitions, new business initiatives, and strategic investments, including Disney’s original investment in Hulu in 2009.
Paul also discusses the network's dedication to creating female empowering content like "The Handmaid's Tale" and what goes into the financial decisions behind what type of content to invest in as a company. Finally, as a female executive she speaks passionately about creating a good balance in her life, both for herself and other women who are struggling with "doing it all."
David Wright, president and owner of Wright Financial Group LLC, joined Cheddar News to discuss Thursday's trading as stocks closed higher amid strong tech profits. But Wright says banking stress could sway markets down as the Federal Reserve could weigh more rate increases.
The Gap is laying off 1,800 corporate workers, roughly three time the number of headquarters jobs it cut last fall, as the struggling chain cuts costs in a bid to become more nimble.
Tyson Foods is eliminating about 10 percent of corporate jobs and 15 percent senior leadership positions, according to a memo obtained by Reuters. The cuts are just the latest attempt to trim costs amid falling profits.
Verizon is taking steps to speed up its 5G network in rural areas. The company said it plans to extend its C-band 5G network across a larger suburban and rural footprint, meaning faster speeds for customers in those areas.
Facebook parent company Meta's first-quarter results surpassed Wall Street's modest expectations on both profit and revenue, sending its stock soaring in after-hours trading.
