For: April 24, 2026
>>Trading Week Winding Down
(New York, NY) -- The opening bell rings this morning on Wall Street after stocks closed in the red yesterday as investors continued to monitor developments with the war in Iran. At the closing bell, the Dow Jones Industrial Average lost 179 points to 49-310. The S&P 500 fell 29 points to 71-08. The Nasdaq dropped 219 points to 24-438.
>>Meta To Layoff 10% Of Its Workforce
(Menlo Park, CA) -- An estimated ten percent of Meta's workforce is expected to be laid off. According to a Thursday memo to employees, first reported by Bloomberg News, the move will result in job losses for about eight-thousand employees, and cuts are expected to start on May 20th. The company confirmed the workforce reduction, and it comes as the social media giant continues investing heavily into artificial intelligence. Meta previously fired roughly ten percent of staff members in January who focus on metaverse-related virtual reality projects stemming from its Reality Labs unit.
>>Warner Bros. Shareholders Approve Merger
(Burbank, CA) -- Warner Brothers Discovery shareholders have approved the merger with Paramount Skydance. Paramount is set to acquire the company in whole, including cable networks, a film studio and streaming service. The deal is for 31-dollars a share and it comes after a bidding war with Netflix. The merger still needs regulatory approval. However, shareholders voted against compensation packages meant for current Warner Bros. CEO David Zaslav and other executives related to the Paramount merger.
>>Incomes Rising Faster Than Rent Increases Nationwide
(Undated) -- A new Zillow report shows incomes are rising faster than rent increases nationwide for the first time in years. According to Zillow, the typical asking rent was one-thousand-910-dollars in March, which is up one-point-eight percent from a year earlier and the slowest annual pace since 2020. Zillow estimates the average household has about 193 dollars more per month but even as rent growth slows, leasing prices are higher than a year ago in 37 of the 50 largest metros. However, the report ranked Austin, Texas as the most affordable major metro for renters, with rent prices down more than two percent in March from the year before.
>>Reports: Former Disney CEO Bob Iger Takes Role As Adviser At VC Firm
(New York, NY) -- Former Disney CEO Bob Iger is taking a role as an adviser at Thrive Capital. That's according to a report from the Wall Street Journal, who says Iger will work with the firm's staff on investments and with founders of companies in the VC company's portfolio. Its portfolio includes investments for Instagram, Spotify, OpenAI and more. Iger first joined Thrive as a venture partner in 2022, after down from his CEO role the first time at the end of 2021. The company was formed by Josh Kushner in 2009.
>>7-Eleven Offering Catering
(Irving, TX) -- 7-Eleven is offering catering. It's partnered with EZ Cater to bring food from the chain's Speedy Cafe and Laredo Taco Company brands. The menu includes items like breakfast sandwiches, pizza and salads.
>>Popular Generator Recalled Due To Serious Safety Hazard
(Undated) -- Hundreds of thousands of generators are being recalled due to serious safety hazards. According to the Consumer Product Safety Commission, Generac generators sold at Costco, Home Depot, Lowe's and several other retailers nationwide from May 2025 to February 2026 may have fuel leaks. CPSC and Costco have shared public warnings regarding at least 150-thousand Generac-branded portable generators and the company has received 114 reports of generator fuel leaks. Fortunately, no injuries have been reported as of April 22nd, but the CPSC recommends consumers with any recalled items to stop using them immediately.
