These are the headlines you Need 2 Know for Wednesday, March 18, 2020:
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Alibaba to Split Itself Into 6 Business Groups
Alibaba is splitting itself into into six business groups as the Chinese e-commerce company attempts to become more nimble in reacting to changes in the market and increase the value of those units.
At Trial, Minnesota Says E-cigarette Maker Juul Targets Kids
Juul will finally have its day in court for its role in the teen vaping epidemic. The Minnesota attorney general is preparing for opening arguments in the state's lawsuit against the vape maker. Here to break down the complicated backstory for this legal case is Senior Reporter Chloe Aiello.
Afternoon Alexa Flash Briefings of March 28th
Afternoon Alexa Flash Briefings
Cheddar Afternoon News Briefings of March 28th
Cheddar Afternoon News Briefings
Consumers Are Feeling Slightly More Confident About Economy
Higher-income consumers are feeling better about the economy, and their optimism is helping lift the Conference Board Consumer Confidence Index.
Burger King Shuts Down Two Dozen Stores, Lays Off 400 Employees
Burger King is closing two dozens locations in the Detroit area and laying off 424 employees as it plans to permanently cease operations in Michigan. The Texas-based burger chain blamed "unforeseen business circumstances." The closures started on March 17 and are expected to be finished by April 15.
Only Paid Accounts on Twitter 'For You,' Says Elon Musk
Elon Musk tweeted Tuesday that soon only blue check mark accounts will appear in the platform's recommendation or feed.
Hot US Housing Market Continues to Cool Off
Home prices rose 3.8 percent year-over-year in January, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index.
In Case You Missed It: Sales of Crocs Rise 200 Percent Since 2019
Do you own a pair of Crocs? Or maybe several pairs? Well, then you're helping fuel the brand's recent sales boom.
