Trivago CEO Axel Hefer on Company Earnings, Summer Outlook
Axel Hefer, Trivago CEO, joined Cheddar News to this week to discuss the company's latest earnings report. The company reported a miss despite increased global travel demand. "We expect this summer to be strong despite the concerns you hear everywhere about inflation, about higher prices," Hefer said.
Fear rattled Wall Street Friday, and stocks tumbled on worries about what’s next to break under the weight of rising interest rates following the biggest U.S. bank failure in nearly 15 years.