"I've never heard of that before, ever. And I had to find out: Is that normal and I've been living under a rock, or is this weird?"
As the first quarter of 2023 comes to a close, we asked 4 CEOs what they expect to see in Q2. The chief executives of WeWork (WE), Trex Co. (TREX), Santander (SAN), and the incoming CEO of Lyft (LYFT), all joined Yahoo Finance to share their outlook for the coming quarter. Santander U.S. CEO Tim Wennes told Yahoo Finance LIVE, “the consumer is resilient today. We've still seen consumer spending holding up. We've seen continued activity in terms of borrowing, but there's a lot of uncertainty.” You can find full video interviews below: 'Efficiency is in the air': Incoming Lyft CEO WeWork: ‘This is our moment,’ CEO says U.S. housing market: The ‘higher-end consumer is still very active,’ Trex CEO says Trust, confidence ‘impacted’ by U.S. banking crisis, Santander CEO says
The banking turmoil, which started earlier in March with the collapse of two regional U.S. lenders, sparked concerns about a broader financial crisis and led to a dramatic shift in monetary policy expectations from the Fed. Investors will now watch out for February data on the personal consumption expenditures (PCE) price index - the Fed's preferred inflation gauge - that is due on Friday for further clues on the central bank's rate-hike trajectory. January figures showed a sharp acceleration in consumer spending.
The semiconductor maker brings forward timelines for production of next-generation data-center chips.
~ U.S. Commercial Team in Place with PEDMARK® Launch Off to Solid Start Following FDA Approval of PEDMARK® in September 2022 ~ ~ Company Has Approximately $23.8 Million in Cash ~ RESEARCH TRIANGLE PARK, N.C., March 30, 2023 (GLOBE NEWSWIRE) -- Fennec Pharmaceuticals Inc. (NASDAQ:FENC; TSX: FRX), a specialty pharmaceutical company, today reported its financial results for the fiscal year ended December 31, 2022 and provided a business update. “It was an outstanding year for Fennec as we achieved
Dublin, March 30, 2023 (GLOBE NEWSWIRE) -- The "4K Set-Top Box Market by Product (Satellite, Internet Protocol Television (IPTV), Cable, Digital Terrestrial Television (DTT), Over The Top (OTT), Hybrid), Application (Residential, Commercial), and Region 2023-2028" report has been added to ResearchAndMarkets.com's offering.The global 4K set-top box market size reached US$ 5.59 Billion in 2022. Looking forward, the analyst expects the market to reach US$ 7.92 Billion by 2028, exhibiting a CAGR of
German public sector employers have launched arbitration proceedings after inconclusive talks in the dispute with unions over pay, effectively suspending strikes that have hit the transport sector until after the busy Easter holiday period. A third round of negotiations with unions Verdi and dbb followed strike action on Monday that brought railways and airports to a near-halt in Europe's largest economy. The negotiations, in which unions are seeking a 10.5% pay raise for around 2.5 million workers, ended late on Wednesday without result, both sides said, prompting public sector employers to announce that they would launch arbitration.
Indian edtech startup Unacademy is laying off 12% of its workforce, citing a funding winter and pressure to turn profitable, according to an internal mail from the company's chief executive seen by Reuters on Wednesday. "Today... funding is scarce and running a profitable business is key," CEO and co-founder Gaurav Munjal said in an email sent to all staff. A spokesperson for Unacademy declined to comment on the layoffs and did not disclose the number of job cuts or the current headcount.
Mexican prosecutors have announced a murder investigation into the deaths of 39 migrants in a detention centre fire, accusing the people in charge of doing nothing to help them escape.
U.S. stock index futures rose on Thursday as easing fears of a banking crisis shifted the focus back to key consumer spending data due later in the week that could shape expectations for the Federal Reserve's future policy path. The banking turmoil, which started earlier in March with the collapse of two regional U.S. lenders, sparked concerns about a broader financial crisis and led to a dramatic shift in monetary policy expectations from the Fed. Investors will now watch out for February data on the personal consumption expenditures (PCE) price index - the Fed's preferred inflation gauge - that is due on Friday for further clues on the central bank's rate-hike trajectory.
Bitget continues to make copy trading more accessible to cryptocurrency enthusiasts. Their new One-Click Copy Trading product, helps novice users take cues from experienced traders.
Which stocks does Warren Buffett like the most? Obviously, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) deserves to be at the top of the list. Most of Buffett's personal net worth is invested in the company.
Indian authorities have cancelled or suspended licences of some domestic drug companies as part of action taken against 76 pharmaceutical firms this month for selling adulterated or fake products, a government source said on Thursday. India is known as the 'pharmacy of the world' and its pharmaceuticals exports have more than doubled over the past decade to $24.5 billion in 2021-22. But that image has been dented by the death of at least 70 children in Gambia and 19 children in Uzbekistan last year linked to drugs made by India-based pharmaceutical companies.
Key companies covered in French fries market are McCain Foods Limited (Canada) , J.R. Simplot Company (U.S.), Lamb Weston (U.S.), Farm Frites International B.V. (Netherlands), Aviko (Netherlands), Ore-Ida (U.S.), Cascadian Farm Organics (U.S.), Alexia Foods (U.S.), Checkers Rally’s (U.S.), Arby’s I.P. Holder (U.S.) & Others.Pune, India, March 30, 2023 (GLOBE NEWSWIRE) -- The French fries market size was valued at USD 15.00 billion in 2021 and is projected to grow from USD 16.20 billion in 2022 t
A pair of helicopters with the 101st Airborne Division have crashed in southwestern Kentucky, resulting in "several casualties," according to the 101st.
Grab a popular Breville toaster oven, fan-favorite Beats headphones and so much more at a sweet discount.
4 suspects are being sought in the killing of Devin Weedon, Wakisha Bailey reports.
Police are still searching for a man who is wanted for sexually assaulting an 80-year-old woman at her home. The man is accused of breaking into the woman's home on Memorial Street and dragging her outside Sunday night. Police now have a sketch of the suspect and footage of him from neighborhood security cameras. Neighbors say they have seen the suspect hang out around the area before and now they are all on the lookout for him. "I have literally dedicated every available resource to focus specifically on this perpetrator."
Check out the Senecaville Fish Hatchery, catch a bluegrass show at the Pennyroyal or hear Carson Clouse at the brewhouse this week.
Drax's plans for a £2bn biomass carbon capture project in the UK have been rejected by the Government, but the power producer insists the project is still alive.
Visitors to London’s Natural History Museum will be able to experience the “most complete gigantic dinosaur ever discovered” from Friday, March 31, the museum said.Footage from the Natural History Museum shows the assembly of the cast of a Patagotitan mayorum fossil in the museum’s Waterhouse Gallery.Patagotitan mayorum was a type of titanosaur, the biggest animals to walk the earth.The living animal would have weighed approximately 57 tonnes and been 37 meters (around 121 feet) long from nose to tail, the Natural History Museum said.The animal was a herbivore, eating up to 129 kg (284 pounds) of greens per day, according to the museum.The cast of Patagotitan mayorum was provided to the Natural History Museum by the Museo Paleontologico Egidio Feruglio (MEF) in Argentina.IAG Cargo, the company responsible for transportation of the exhibit, said the fossil and casts were transported in 36 crates on two British Airways flights from Buenos Aires to London. Credit: Natural History Museum via Storyful
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