Shares of Twitter plunged Tuesday morning after news that COO Anthony Noto is leaving his post to take over as the top dog at fintech start-up SoFi. Plus shares of Adobe rise on a raised forecast, thanks in part to the Trump tax cuts.
We also break down Netflix earnings, which were out after the bell on Monday. The company added 2 million more subscribers than expected, sending the stock soaring and pushing its market cap above $100 billion for the first time.
And Xerox is in New York to take part in a security summit. We speak with the company's executive vice president and chief commercial officer about what it's doing to protect itself from cyber attacks.
Plus Tesla CEO Elon Musk has a new compensation package. We talk about how you might want to trade the stock if it keeps rising.
UPS is gearing up for a mass hiring event that could help a critical labor shortage affecting the U.S. across all industries. Jon Bowers, human resources director with UPS, joined Cheddar News to discuss the company's job fair known as 'Brown Friday,' which is slated to take place Nov. 3 and Nov. 4, ahead of the holiday season.
A Missouri jury found the National Association of Realtors and other brokerages liable for nearly $1.8 billion in damages on Tuesday. The jury found the parties conspired to keep commissions for home sales artificially high and the lawsuit looked at sales that took place between April of 2015 through June of 2022.
The country’s largest Christian university is being fined $37.7 million by the federal government amid accusations that it misled students about the cost of its graduate programs.
