Twitter Shares Sink as COO Leaves, and Adobe on the Rise
Shares of the social media company fell as much as 4 percent after COO Anthony Noto said he was stepping down to take over as CEO of fintech start-up SoFi.
Plus Adobe raised its forecast for earnings this year, thanks to tax reform. The company saying a lower corporate tax rate will significantly boost results for the rest of 2018.
And GoPro gets a downgrade from Morgan Stanley. And we take a look at how Disney shares are trading after UK regulators tried to block Fox's acquisition of Sky, one of the linchpins in Disney's planned takeover of Fox.
Food inflation affects eating and shopping. Students still get bulk deals, but are people trading down? Debate on price gouging and retailer control persists.
Arc'teryx CEO Stuart Haselden gives an exclusive look inside the outdoor sportswear brand's new NYC flagship store and introduces new MO/GO wearable hiking tech
The US Open kicks off in NYC, and USTA Chairman Dr. Brian Hainline discusses tennis’s growth, Djokovic's worries about pickleball, and the sport's future.