Norwegian’s results reflect a broader trend in consumer spending, says Melius Research.
: No more changing the clocks? Bipartisan bill to make daylight-saving time permanent rolled out — again.
Lawmakers launch a fresh push for a bill that would make us stick with daylight-saving time all year. The move comes as we’re due to spring forward on Sunday.
: Colon-cancer rates are increasing among people in their 40s — and younger
About 20,000 new cases of colorectal cancer are expected to be diagnosed in people younger than 50 this year, according to the American Cancer Society.
The Ratings Game: Okta stock surges as Wall Street thinks software company is ‘partially out of the woods’
Okta shares rallied Thursday as Wall Street greeted the identity-management software company’s forecast of profitability for the year with cautious optimism.
Lawrence A. Cunningham’s Quality Investing: Bears control the stock market for now, but these takeover plays can keep the bulls satisfied
S&P 500 has been under pressure since early February’s false breakout, writes Lawrence McMillan.
: Ford launches new in-house driverless-car division
Ford Motor Co. establishes an artificial-intelligence unit, hiring people who used to work at the shuttered Argo AI startup.
The Fed: Fed’s Bostic says he’s firmly in quarter-point rate rise camp
Atlanta Federal Reserve President Raphael Bostic on Thursday said he is firmly in the camp that supports quarter percentage point interest rate hikes, saying that it was wise for the central bank to move cautiously.
The Ratings Game: Best Buy joins list of retailers giving cautious outlook, citing pressure on consumer electronics
The consumer-electronics industry is feeling the effects of the broader macro environment, according to Best Buy.
: Lyft’s stock falls to record low
The ride-hailing company’s stock also hit its lowest intraday trading level Thursday.
Crypto: Silvergate shares drop to record low as crypto companies sever ties
Silvergate Capital Corp. shares lost more than half their value Thursday to trade at a record low of $6.15 as several crypto companies ceased payment transactions with the lender.
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