Kenvue CEO Discusses Growth Outlook After J&J Unit Jumps 20% in Market Debut

Johnson & Johnson's consumer-health unit Kenvue made its debut on the New York Stock Exchange and jumped about 20% on Thursday. Thibaut Mongon, CEO of Kenvue, joined Cheddar News to discuss business growth goals and what lies ahead for its well-known pipeline of products, including Band-Aid, Neutrogena, Tylenol, among others.

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TikTok Rolls Out New Guidelines Restricting 'Deepfakes'

TikTok is banning deepfakes amid increasing pressure from the U.S. government over privacy and security concerns. CEO Shou Zi Chew announced the policy in a TikTok video on Tuesday two days ahead of his scheduled appearance before congress.

The Day Ahead: Fed Rate Hike Decision and More Earnings

Cheddar News looks ahead to The Day Ahead as the Federal Reserve meets to decide on a rate hike. Earnings are also on tap from Petco, Chewy and KB Home.

Duolingo Taps ChatGPT to Provide Users With Personalized Feedback

Language app Duolingo last week launched a new subscription tier, called Duolingo Max, that uses an artificially intelligent chatbot to provide more personalized feedback to learners.

Moody's Upgrades Tesla Credit Rating

Moody's upgraded Tesla's credit ratings, citing its leadership in the EV market.

Morgan Stanley Bullish On Meta, Citing Cost-Cutting

Morgan Stanley has upgraded Meta to 'overweight' from an 'equal weight' as the social media giant continues to cut costs.

Netflix Taps 'Avengers: End Game' Team to Produce Potential Franchise Film

Netflix Taps 'Avengers: End Game' Team to Produce Potential Franchise Film

Foot Locker to Close 400 Mall-Based Stores By 2026

Foot Locker plans to close about 400 mall-based stores by 2026 as it looks to focus on its young shoppers with new concepts.

TikTok Sees Massive Growth Amid Ban Efforts

Despite efforts to ban the social media giant in the U.S., TikTok reported 150 million active monthly users.

Gerber Baby Formula Recalled Over Potential Bacterial Contamination

Gerber parent company Perrigo issued a voluntary recall of Gerber's Good Start SoothePro Infant Formula "out of an abundance of caution" regarding a link to possible Cronobacter sakazakii contamination.

Existing Home Sales Jump 14.5 Percent in February as Prices Drop for First Time Since 2021

Sales of previously owned homes surged 14.5 percent in February, ending a 12-month streak of steady declines, according to the National Association of Realtors.

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