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Dow Jones Futures: Market Runs Into Fed Decision; GME Skyrockets Late, First Republic Tumbles | Investor's Business Daily - Investor's Business Daily
Nike sees year-over-year increase in revenue, drop in net income for third quarter - Fox Business
Nike’s results for the fiscal 2023 third quarter came out Tuesday afternoon and showed revenue rising and net income dipping compared to the same period last year.
A.I. is a brand new computing platform you can program with your own language, says Nvidia CEO - CNBC Television
Mad Money host Jim Cramer sits down with Nvidia CEO Jensen Huang to discuss the company's move into artificial intelligence, announced today at the GPU Techn...
White House Takes Aim at Crypto in Scathing Economic Report - CoinDesk
The report, authored by the White House Council of Economic Advisers, laid out a number of issues seen within the digital asset ecosystem.
Buyers pour into housing market as prices drop for first time since 2012 - The Washington Post
Data from the National Association of Realtors confirms the first year-over-year decline in median housing prices since 2012.
Disney Layoff Rounds Likely Starting Before Annual Meeting; Details On Cuts Emerge - Deadline
EXCLUSIVE: With Disney’s April 3 shareholder meeting — a virtual affair this year — less than two weeks away, some clarity is emerging about the company’s plans to reduce st…
First Republic stock tumbles after hours as bank reportedly hires more advisers - MarketWatch
Lazard and McKinsey reportedly hired to help troubled bank navigate its crisis; statement insists bank’s ‘commitment to client service is unchanged, and we remain well-positioned to continue to manage deposit activity’
Walmart closing downtown Honolulu store - Honolulu Star-Advertiser
Walmart plans to close its under-performing Fort Street Mall store and pharmacy in downtown Honolulu on April 21, the company announced today.
Jim Cramer says investors need to take a 'longer view' to survive this volatile market - CNBC
"Anyone who thinks they know what’s gonna happen in the next hour or two is wrong," CNBC's Jim Cramer said on Tuesday.
Market is mispricing Fed rate policy amid bank turmoil, former Bridgewater CIO suggests - CNBC Television
Rebecca Patterson, former Bridgewater chief investment strategist, on what the bank turmoil means for the markets. With CNBC's Melissa Lee and the Fast Money...
Giant Eagle board ends Shapira family leadership of the company and its board with Laura Shapira Karet's departure - Pittsburgh Post-Gazette
Lab-grown chicken is one step closer to being sold in the US - CNN
Americans are one step closer to being able to buy chicken grown from animal cells, also known as lab-grown meat.
Fed officials meet in shadow of banking crisis, high inflation - Fox Business
Turmoil within the banking sector has upended expectations for the Federal Reserve's rate-hike decision Wednesday as officials continue to grapple with high inflation.
Bitcoin Holds Firm Above $28K, Equities Rise Amid Banking Sector Rebound - CoinDesk
The FOMC will announce its next interest rate decision on Wednesday with markets betting squarely on a 25 basis point rate increase.
GameStop Surges After Reporting First Profit in Two Years - Yahoo Finance
(Bloomberg) -- GameStop Corp. reported a surprise profit in the fourth quarter and beat analysts’ estimates for revenue, sending the shares soaring as much...
Global banking system is stable amid crisis, US treasury secretary says - BBC News - BBC News
US treasury secretary Janet Yellen offered reassurance that the banking system is stable in a speech to bankers in Washington.Yellen said the US government i...
Coinbase asks Supreme Court to keep customer disputes out of court - Yahoo Finance
If the plaintiffs prevail, Coinbase and other companies requiring their customers to agree to arbitrate disputes could see more costly, time-consuming, and...
Foot Locker to close about 400 stores by 2026 as company decreases shopping mall presence - KABC-TV
Foot Locker will be closing about 400 stores by 2026, the company announced.
Lawmakers Call on Hyundai, Kia to Do Something About Thefts - Jalopnik
Attorneys general from 23 states wrote a scathing letter to the automakers, demanding more protection for owners of vehicles vulnerable to 'Kia Boys' thefts.
SVB Financial Group seeks cooperation with FDIC after $2 bln frozen - Reuters
An attorney for SVB Financial Group (SIVB.O) told a judge on Tuesday it was seeking cooperation from regulators who seized its Silicon Valley Bank unit and removed $2 billion of its cash, …
Bill Gates says OpenAI's GPT is the most important advance in technology since 1980 - CNBC
"The whole experience was stunning," Gates wrote. "I knew I had just seen the most important advance in technology since the graphical user interface."
Elon Musk says what he thinks the Fed should do with interest rates - Fox Business
Elon Musk on late Monday offered his opinion on what the Federal Reserve should do with its benchmark interest rate. The Fed's FOMC is meeting for two days this week.
Stock market news today: Banks lead stock surge, yields rise as all eyes turn to Fed - Yahoo Finance
U.S. stocks moved higher early Tuesday following U.S. and European efforts to stabilize the banking system.
People should be really focused on risk management at this point, says JPMorgan's Jason Hunter - CNBC Television
Jason Hunter, JPMorgan head of technical strategy, joins ‘Closing Bell’ to discuss whether this week's market rebound shows underlying stability or vulnerabi...
Bank jitters put spotlight on commercial real estate. 3 charts pinpoint the trouble spots. - MarketWatch
‘I don’t think it’s going to be a repeat of the 90s,’ said Michael Thom, a partner at law firm Obermayer, but he said getting a property loan has become harder.
Traffic backups begin as Kennedy construction gets underway, and it could get worse - Chicago Tribune
Lane closures are expected to be extended overnight Tuesday
UBS set for talks with Michael Klein to terminate Credit Suisse investment bank deal - FT - Yahoo Finance
UBS on Sunday agreed to buy rival Swiss bank Credit Suisse for 3 billion Swiss francs ($3.23 billion) in stock and agreed to assume up to 5 billion francs ($...
Biden’s climate change ‘zealotry’ contributed to Silicon Valley Bank collapse, Republican AGs charge - Fox News
16 AGs scolded Janet Yellen, Jerome Powell and others for contributing to the failure of SVB by prioritizing Biden’s climate agenda over sound banking practices.
Cracker Barrel closing all Portland-area restaurants - KY3
Cracker Barrel has permanently closed its remaining restaurants in the Portland area.
Ford Explorer 2023: Compact, Stylish, Electric - WIRED
This SUV gets a winning design, advanced autonomous drive features, and a spaceship-level dash. So it’s a real shame it’s not coming to the US.
Biden Team Reviews Impact of SVB Collapse on Chinese Startups - Bloomberg
The US is assessing whether Silicon Valley Bank’s collapse inflicted more pain on Chinese technology startups than the government in Beijing and Chinese companies have disclosed, according to officials familiar with the matter.
DeSantis goes after digital currency in attempt to ban federal effort - The Hill
Gov. Ron DeSantis (R-Fla.), is urging Florida lawmakers to pass a bill that would ban a federal digital currency in his state, calling it an attempt to push “woke ideology,” the Orlando Sentinel reported. During a news conference on Monday, Desantis said he’…
Frozen strawberries sold at Costco, fruit blend sold at Trader Joe’s recalled over hepatitis A cases - OregonLive
The FDA recommends people not consume the products and return them to a store for a refund.
Morgan Stanley says buy Meta - CNBC Television
The "Halftime Report" traders debate the biggest analyst calls of the day. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cn...
The world saw a record 9.6% growth in renewables in 2022 - Electrek.co
By the end of 2022, global renewable generation capacity grew by 295 GW, or 9.6%, according to the International Renewable Energy Agency.
Genesis Wants to Be a Household Name with GV70 EV - Bloomberg Originals
Hyundai's luxury Genesis brand has a long way to go to catch up with the likes of Mercedes and BMW. Can the American-made GV70 EV help them shift to a higher...
EU bends to Germany's demands, proposes separate e-fuels category in 2035 combustion ban - Electrek
According to a draft proposal recently seen by the media, the European Commission has reportedly added an amendment to its...
‘Already past the point of no return’: JPMorgan says the U.S. is probably headed for a recession as economic ‘engines are about to turn off’ - Fortune
The banking crisis has left the U.S. significantly more vulnerable to an economic downturn, JPMorgan analysts say.
Gold sees heavy profit taking, position evening as Fed decision looms - Kitco NEWS
Senior Technical Analyst Jim Wyckoff prepares investors with an overview of how the markets opened and closed. What moved metal prices? How do the technicals look? By looking at important developments
Kroger submits plans for new Louisville store – across from future Publix - WLKY Louisville
The grocery war continues in Louisville, as Kroger proposes another store
Dodge unveils last super-fast gasoline muscle car, Challenger SRT Demon 170 - New York Post
The car go from zero to 60 miles per hour in a scary 1.66 seconds, making it faster than even electric supercars from Tesla and Lucid.
Swiss Suspend Some Credit Suisse Bonuses in Wake of UBS Takeover - Bloomberg
The Swiss government said it’s temporarily suspending certain kinds of bonus pay for Credit Suisse Group AG staff following the state-brokered takeover of the bank by rival UBS Group AG.
'Bloomberg The Open' Full Show (03/21/2023) - Bloomberg Television
Jonathan Ferro highlights the market-moving news you need to know heading into the opening bell on Wall Street. --------Follow Bloomberg for business news &...
Why U.S. Xpress Enterprises Shares Are Skyrocketing Today - Yahoo Finance
Knight-Swift Transportation Holdings Inc (NYSE: KNX) has agreed to acquire U.S. Xpress Enterprises Inc (NYSE: USX) for a total enterprise value of ~$808...
Researchers 3D printed this cheesecake - CNN
Researchers have been pushing the limits of 3D printing for decades, using the manufacturing technique to churn out human organs, rocket parts and more. But can the technology be applied to make a fully baked dessert? A team of engineers revealed the results …
Starbucks CEO Howard Schultz abruptly steps down early — just days before Senate hearing - Salon
Schultz is slated to testify before Bernie Sanders’s Senate HELP Committee next week.
Nvidia partners with Google Cloud to launch AI-focused hardware instances - TechCrunch
Nvidia has partnered with Google Cloud to launch new hardware instances designed to accelerate certain AI applications.
Moderna Wants $130 Per COVID-19 Vaccine Dose, US Health Authorities Warn Of Incurable Deadly Fungal Infection, Elon Musk Wants Interest Rate Cut: Today's Top Stories - Yahoo Finance
Reuters Moderna Wants To Charge About $130 Per COVID-19 Vaccine Dose Moderna Inc (NASDAQ: MRNA) expects to charge $130 per dose for its COVID-19 vaccine as...
After SVB collapse, the FDIC stepped in. How much more can it handle? - USA TODAY
With the collapse marking the second-largest bank failure in U.S. history, some consumers may be wondering how much the FDIC can handle.
Clarksville's Amazon distribution center won't be impacted by recently announced layoffs | ClarksvilleNow.com - Clarksville Now
Amazon has announced plans to eliminate 9,000 employees, according to a letter sent to workers on Monday from company CEO Andy Jassy. The layoffs are not expected to affect the new distribution center in Clarksville, which is set to open sometime in 2024.