April 29, 2024

Markets Now Monday, April 29, 2024

Analysis: How CEOs are preparing for possible employee protests

Google CEO Sundar Pichai recently fired about 50 employees for protesting the company’s relationship with the Israeli government. His explanation boiled down to four words: This is a business.  
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Far-right network OAN retracts false story about Michael Cohen affair with Stormy Daniels

The far-right cable network One America News retracted a story and apologized Monday after it falsely claimed former President Donald Trump’s ex lawyer Michael Cohen was the one who had an affair with adult film star Stormy Daniels and secretly used it to “extort” the Trump Organization.  
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GNC is struggling. It hopes Ozempic can give it a boost

GNC, the vitamin and dietary supplement chain, has been struggling for years. The brand hopes a new strategy tailored to people taking GLP-1 drugs for weight loss will help draw customers into stores and grow its business.  
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Millions of Americans set to lose internet access

More than 23 million US households will be forced to pay hundreds more per year or give up internet access as a key federal aid program runs out of money.  
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‘Should have been done yesterday’: Rural, older Americans could get hurt as affordable internet program runs out of cash

Every week, Cynthia George connects with her granddaughter and great-grandson on video calls. The 71-year-old retiree reads the news on her MSN homepage and googles how to fight the bugs coming from her drain in Florida’s summer heat. She hunts for grocery deals on her Publix app so that her food stamps stretch just a little further.  
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Apple’s iPad will be subject to tough EU competition rules

Apple’s iPad will face heightened regulation in the European Union after officials labeled its operating system Monday as a key gatekeeper technology under EU competition law.  
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Source: CNN Business

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