Analysts have been weighing Amazon’s prospects in the cinema space.
: EA laying off 6% of staff in cost-cutting push for videogame publisher
EA is “moving away from projects that do not contribute to our strategy, reviewing our real estate footprint, and restructuring some of our teams,” per its CEO.
: Shareholders tell Starbucks to examine its commitment to worker rights amid union fight
Hours after former CEO Howard Schultz testified in Congress, Starbucks disclosed that investors asked for an assessment of its commitment to worker rights.
Your Digital Self: Did a crypto connection seal the fates of Silicon Valley, Signature and Silvergate banks?
Whether a regulatory target or extremely mismanaged, failed banks make one thing clear: this banking crisis isn’t over, writes Jurica Dujmovic.
Personal Finance Daily: Air-travel complaints quadrupled between 2019 and 2022, even with fewer passengers and who is selling their homes in this uncertain housing market? The same people who are buying houses more than anyone else
Wednesday’s top personal finance stories.
Corrections: Erroneously published story deleted from MarketWatch site
A third-party news story was inadvertently published Wednesday by MarketWatch under the headline “White House plans to call for more midsized bank regulations, sources say.” The story has been deleted. MarketWatch apologizes for the error.
What’s Worth Streaming: Here’s everything new coming to Netflix in April 2023 — and what’s leaving
Get ready for a John Mulaney standup special, a feuding Ali Wong and Steven Yeun, and much more
Earnings Results: Bank-related anxiety is hitting RH’s wealthier customers — and shares fall on weak sales forecast
Shares of RH fell after-hours on Wednesday after the luxury furniture chain forecast full-year and first-quarter sales that came in below expectations.
: House members focus on need for more oversight of capital and liquidity after failure of Silicon Valley Bank
In testimony on Capitol Hill Wednesday, federal banking regulators emphasized plans to investigate what went wrong on the government side in the failure of SVB.
Market Extra: ‘It says I owe $179,000’: Options traders hit with massive margin calls as winning bets against failing banks are left in limbo for weeks
Thousands of retail option traders who made prescient bets against shares of Signature Bank and Silicon Valley Financial Group, the parent company of Silicon Valley Bank, were relieved on Tuesday when shares of both failed banks resumed trading again on over-the-counter markets after a roughly two-week trading halt.
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