>>Ahead Of The Bell
(New York, NY) -- The opening bell rings this morning after stocks closed mixed yesterday. A rebound in Nvidia shares led the S&P 500 and Nasdaq higher a day after a sell-off in AI stocks. Amazon, Meta and Google also rose more than one percent. At the closing bell, the Dow Jones Industrial Average fell 299 points to 39-112. The S&P 500 rose 21 points to 54-69. The Nasdaq gained 220 points to 17-717.
>>Hollywood Crew Members Strike A Deal
(Los Angeles, CA) -- A union representing Hollywood film and television crew has reached a tentative three-year deal with major studios. After months of bargaining, the International Alliance of Theatrical Stage Employees and the Alliance of Motion Picture and Television Producers announced the deal Tuesday night. It's said to include pay hikes and guardrails against the use of artificial intelligence.
>>Futuristic Cybertruck Rollout Has Not Been Smooth
(Austin, TX) -- There's another recall for Tesla's Cybertruck. A trim piece that runs along the trunk is falling off, thanks to problems with the glue. This is now the fourth recall issued for the Texas-built SUV. Also, there is a warning that the windshield wiper may stop working. Tesla also told the feds there is a problem with the motor. That issue has been well-documented among owners. Tesla previously delayed deliveries because of the safety issue.
>>Judge Denies Settlement Between Visa, Mastercard, Retailers Over Swipe Fees
(New York, NY) -- A federal judge is denying a settlement over swipe fees between Visa and Mastercard, and their retailers. The two companies reached a 30-billion-dollar antitrust settlement in March -- limiting credit and debit card fees for merchants, with the intent that those savings would be passed along to consumers. Details of the New York judge's ruling aren't public yet, but a memo suggests she's "not likely to grant final approval." Some merchants have objected, saying the fees still remain too high.
>>Analysis: Majority Of Gen Z In Debt
(New York, NY) -- Gen Z is in debt. That's according to a new analysis from online marketplace LendingTree. Among those living in the 100 largest metropolitan areas, the median percentage of Gen Zers with debt is just over 97-percent. The median non-mortgage debt of those Gen Zers is over 16-grand. The analysis showed that they were most likely to have credit card debt than any other type, with nearly 81-percent owing money on a card.
>>Hooters Closes Dozens Of Locations
(Atlanta, GA) -- The restaurant chain Hooters is closing dozens of locations around the country. The company cited pressure from current market conditions. A list provided to USA Today shows restaurants shuttered in 14 states. The move comes as Hooters this month announced the launch of frozen products at grocery stores - a first for the 41-year-old company.
>>Mattel To Make Games Colorblind Accessible
(El Segundo, CA) -- Mattel is working to make its games like Uno colorblind accessible. The toy company aims to make 80-percent of its games accessible by the end of this year, and 90-percent in 2025. Mattel called the move part of an inclusivity effort. The four main colors used in games will be distinguished by simple symbols added to game pieces.
