Cheddar News looks ahead to Tuesday as Fed Chair Jerome Powell will testify on Capitol Hill about the central bank's response to inflation. Earnings are also on tap from Dick's Sporting Goods, Stitch Fix and Crowdstrike.
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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.
Will Outdoor Dining Sheds Have a Post-Pandemic Future?
Cheddar News field reporter Ashely Mastronardi explores what's next for these pandemic-era relics and whether they have a post-pandemic future.
Afternoon Alexa Flash Briefings of May 4th
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Cheddar Afternoon News Briefings of May 4th
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Cheddar News' reporter Angela Miles reports from the Cboe floor with Scott Bauer, CEO of the Prosper Trading Academy, to break down Apple, Moderna, and Datadog earnings for options traders.
Stock Market Today: Wall Street Sinks as Bank Fears Flare
Stocks closed lower as Wall Street’s worries about the U.S. banking system cranked even higher.
Billionaire Investment Firm Purchases Epstein Islands for $60 Million
Billionaire Stephen Deckoff's SD Investments has purchased two islands in the U.S. Virgin Islands that were previously owned by the late sex criminal and human trafficker Jeffrey Epstein.
Olive Garden Parent Buys Ruth's Chris Steak House for About $715 Million
The Ruth’s Chris Steak House chain is being acquired by Darden Restaurants for about $715 million.
McDonald’s Franchises Fined for Child Labor Violations
Two 10-year-olds are among 300 children who worked at McDonald's restaurants illegally, a Labor Department investigation of franchisees in Kentucky found.
