FitBit shares plunge after earnings and Comcast makes a bid for UK broadcaster Sky. Plus Macy's shares are popping after trouncing earnings estimates. And we check in from the Mobile World Congress in Barcelona to see what Lenovo's got in store.
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Credit Suisse Shares Fall, but UBS Deal Raises Hope on Banks
Credit Suisse shares plunged Monday after Swiss authorities cut a deal with its bigger rival UBS to acquire the troubled bank at a marked-down price.
Cheddar Morning News Briefings of March 20th
Cheddar Morning News Briefings
New York Community Bank to Buy Failed Signature Bank
New York Community Bank has agreed to buy a significant chunk of the failed Signature Bank in a $2.7 billion deal, the Federal Deposit Insurance Corp. said late Sunday.
UBS to Buy Credit Suisse for Nearly $3.25B to Calm Turmoil
Swiss authorities pushed for UBS to take over its smaller rival after a plan for Credit Suisse to borrow up to 50 billion francs ($54 billion) failed to reassure investors and the bank’s customers.
Tips to Avoid Getting Laid Off
Companies continue to announce fresh rounds of layoffs and hiring freezes so far this year. Teresa Lusk, life coach, joined Cheddar News to discuss what you can do to protect your job.
Snoop Dogg Launching New Coffee Brand
Snoop Dogg partnered with an Indonesian entrepreneur to launch a new coffee brand.
7-Eleven Unveils New EV Charging Network, App
Convenience store chain 7-Eleven launched an EV charging network and a new app.
Stocks Close Lower Again as Banking Concerns Continue
Michele Schneider, partner and director of trading research & education for MarketGauge.com, joined Cheddar News to discuss the market after stocks closed lower again as banking concerns continue.
Stock of the Week: First Republic Bank
Cheddar News breaks down the Stock of the Week: First Republic Bank.
