August 7, 2023

Markets Now

Daimler Truck finance chief Jochen Goetz dies in 'tragic incident'

Daimler Truck’s chief financial officer Jochen Goetz has died in a “tragic incident,” the company said on Sunday.  
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Even Zoom is making its staff return to the office

Zoom, the company that powered the remote work revolution during the pandemic, is telling its employees to come back to the office.  
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30,000 workers bid goodbye to 99-year-old Yellow as it files for bankruptcy

Yellow Corp., a once-dominant US trucking company, has filed for bankruptcy as it winds down its 99-year-old business that employs 30,000 workers.  
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Watch: SAG-AFTRA president Fran Drescher responds to deal offered by Hollywood studios

Fran Drescher, the president of SAG-AFTRA, speaks to CNN’s Poppy Harlow and Victor Blackwell about the state of the actors’ strike in Hollywood and her reaction to the deal offered by the AMPTP, the trade group representing major Hollywood studios.  
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It's iced coffee season all year now

Cold drinks are hotter than ever.  
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Not everyone is convinced the US will avoid a recession

The case for no US recession is building, but some on Wall Street are cautioning against getting overconfident.  
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Source: CNN Business

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