The U.S. Post Office said it will slash air shipments by 90% in a bid to save costs.
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Ed Egilinsky, managing director, head of sales and distribution and alternatives at Direxion, offers some advice to investors on how to position their portfolio for retail earnings.
Stock Market Today: Wall Street Rises on Hopes US May Avoid Default
Wall Street rose along with hopes that the U.S. government can avoid a default on its debt. The S&P 500 rose 1.2% Wednesday.
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Disney Asks Judge to Dismiss DeSantis-Appointed Board's Lawsuit in Latest Tit-For-Tat
Disney on Tuesday asked a state judge to dismiss a lawsuit filed by a governing board appointed by Gov. Ron DeSantis to oversee Disney World, claiming the company has been the victim of the “weaponizing” powers of government aimed at punishing it for opposing a law dubbed “Don't Say Gay” by critics.
Elizabeth Holmes Loses Latest Bid to Avoid Prison and Gets Hit With $452 Million Restitution Bill
Disgraced Theranos CEO Elizabeth Holmes appears to be soon bound for prison after an appeals court Tuesday rejected her bid to remain free while she tries to overturn her conviction in a blood-testing hoax that brought her fleeting fame and fortune.
Ford Recalls 310,000 Trucks to Fix Problem With Driver's Front Air Bag
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Cheddar Morning News Briefings of May 17th
Cheddar Morning News Briefings
Morning Alexa Flash Briefings of May 17th
Morning Alexa Flash Briefings
The Day Ahead: Earnings, April Housing Data, Netflix Upfront Presentation
Cheddar News checks in on what to look out for on The Day Ahead as earnings season continues with TJX Cos., Target and Take Two Interactive among those reporting on Wednesday. April housing starts data is also set to be released while Netflix will hold its upfront presentation virtually amid a continued writers' strike.
