Scripps launches cost cutting, AI integration in latest effort to generate earnings growth
CEO Adam Symson said in an interview with CNBC the changes are intended to alleviate journalists from administrative tasks, but not replace them with AI.
FAA halts El Paso airport flights for 10 days, citing ‘special security’ instructions
The FAA has halted flights at El Paso International Airport for 10 days.
Delinquencies in commercial mortgage-backed securities are on the rise. Here’s what’s happening
The rate increase was driven by two exceptionally large New York City properties: Worldwide Plaza and One New York Plaza.
U.S. payrolls rose by 130,000 in January, more than expected; unemployment rate at 4.3%
Nonfarm payrolls were expected to increase by 55,000 in January while the unemployment rate held at 4.4%, according to the Dow Jones consensus estimate.
Value is the key to McDonald’s growth plans, but it’s creating tensions with some franchisees
McDonald’s has doubled down on value, which will likely help boost sales, but some franchisees are standing ground in their ability to independently set prices.
Here are Wednesday’s biggest analyst calls: Nvidia, Tesla, Dick’s, Netflix, Kingsoft, Robinhood & more
Here are the biggest calls on Wall Street on Wednesday.
Heineken to slash up to 6,000 jobs in AI ‘productivity savings’ amid slump in beer sales
Heineken’s CEO told CNBC that AI will play an “important part of ongoing productivity savings” after the brewer said it plans to cut up to 7% of its workforce.
Citi, JPMorgan downgrade Mattel after earnings miss and disappointing guidance
Shares of Mattel plunged 28% in Wednesday’s premarket trading session.
Uber Eats launches AI cart assistant for grocery delivery
Uber has been adding more AI features to its platform, and is now looking to make shopping easier.
Stocks making the biggest moves premarket: Lyft, Moderna, Cloudflare, Ford, Zillow Group and more
These are the stocks posting the largest moves in early trading.