>>Ahead Of The Bell
(New York, NY) -- The opening bell rings this morning after the holiday-shortened trading week got off to a mixed start. At the closing bell, the Dow Jones Industrial Average fell 216 points to 38-852. The S&P 500 rose a point to 53-06 while the tech-heavy Nasdaq finished above 17-thousand for the first time ever, gaining 99 points to end at 17-019. Coming up ahead today, we'll see the release of the Fed Beige Book which offers a basic summary of economic conditions around the country. That includes things like the state of inflation. In addition, both New York Fed President John Williams and Atlanta Fed President Raphael Bostic are scheduled to speak at events today.
>>OpenAI Establishes New Safety Committee
(San Francisco, CA) -- OpenAI says it's addressing safety and security issues. The artificial intelligence company says the new safety committee's first goal will be to "evaluate and further develop" its safeguards over the next 90 days. Then it will give its recommendation to the board. The company made the announcement as it continues to push further in AI development.
>>American Airlines Slashes Sales Outlook
(Dallas, TX) -- American Airlines is lowering its sales expectations. The company slashed its sales outlook on Tuesday, and now expects the revenue per available seats to fall as much as six percent in the second quarter, which is a drop of nearly three percent from its previous outlook. The company is also letting go of its chief commercial officer, who will leave his position next month.
>>High-Paying Remote Work Jobs Fading Fast
(New York, NY) -- The number of high-paying remote work jobs is shrinking. A new study by the job-seeking website Ladder showed that well-paying remote jobs has fallen nearly 60-percent, and hybrid availability dropped 95-percent over the past year. Now, higher-paying jobs appear to require more commitment from their employees -- that involves showing up in-person to the office. A survey by Resume Builder also found that 90-percent of companies out of the one-thousand surveyed said they expect a full five-days-in-office expected to return by the end of this year.
>>Electric Vehicles Sales Often Hinge On Political Affiliation
(New York, NY) -- A Wall Street Journal poll finds about four-in-ten American adults have an unfavorable view of electric vehicles. Of those who are opposed to EVs, 38-percent said their political views were a factor. Conservatives dislike regulatory attempts to steer consumers toward EVs and also take issue with the public subsidies being offered to support their sales. While liberals are in favor of public investment in green energy. Tesla - the world's top-selling EV company - has seen some Democrats move away from the brand, as it's Chief, Elon Musk has expressed conservative views on various social topics.
>>Connecticut Gov. Signs Paid Sick Day Expansion
(New Haven, CT) -- Connecticut's Democratic Governor Ned Lamont has signed into law a bill expanding the paid sick day program. The new law will require nearly all Connecticut employers to provide sick time to employees, and will be phased in over three years. The original paid sick time law required companies with at least 50 employees to offer up to 40 hours of paid sick leave each year. Republicans in the legislature opposed the measure, saying it will add a new expense for the state's businesses.
