These are the headlines you Need 2 Know for Wednesday, March 18, 2020:
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MSG+ to Launch This Summer for $30 Per Month
Madison Square Garden Network said MSG+ will launch this summer which will cost $30 per month.
Salesforce Shares Up in Afterhours Trading After Topping Earnings Estimates
Salesforce saw shares rise in afterhours trading after reporting better-than-expected earnings and providing a favorable financial outlook.
Nasdaq, S&P 500 Close Lower on Fed Rate-Hike Concerns
U.S. markets ended mostly lower on the first day of March, on data indicating inflation is likely to stay high and Federal Reserve policymakers hinted support for more aggressive rate hikes. Cheddar News speaks with Sam Stovall, Chief Investment Strategist at CFRA who breaks down the market's action.
Nissan Recalls 800K Vehicles as Key Issues Increase Risk of Crash
Nissan has issued a recall of more than 800,000 vehicles in the U.S. and Canada after engine issues were reported.
How to Vet Money Tips on Social Media
A report shows that a majority of young adults get their money advice on social media. Kendall Meade, financial planner at SoFi, joined Cheddar News to explain how to vet economic tips on social media.
Divert Converting Food Waste to Renewable Energy Under $1B Pact With Enbridge
Ryan Begin, Divert's CEO and co-founder, joined Cheddar News after the company recently received $1 billion infrastructure development agreement with Enbridge to support its efforts to protect the value of food.
Applebees, IHOP Parent Dine Brand Adds Fuzzy’s Taco Shop to Portfolio
John Peyton, CEO, of Dine Brands, parent company of IHOP and Applebee's, joined Cheddar News to discuss the company's latest earnings results and venture into fast casual with the acquisition of Fuzzy’s Taco Shop.
Mortgage Demand At Lowest Level In 30 Years
Mortgage demand reached its lowest level in about 30 years, as high borrowing costs kept potential buyers away.
Delta Pilots Agree on New 4-Year Contract With Raises
Delta Air Lines pilots voted in favor of a new four-year contract that will grant them raises.
