Markets Now Wednesday, May 8, 2024

Analysis: For US renters, the chance of owning a home is going from bad to worse

The American dream of homeownership is looking more like a nightmare.  
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Collapsed FTX says it can pay most creditors back in full

FTX has recovered enough assets to pay most of its creditors back in full, the failed crypto exchange said late Tuesday as it unveiled a proposed reorganization plan.  
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AstraZeneca withdraws Covid-19 vaccine citing low demand

AstraZeneca is withdrawing its highly successful coronavirus vaccine, citing the availability of a plethora of new shots that has led to a decline in demand.  
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‘You do you Fridays?’ Why this CEO switched to a 4-day workweek

To prevent employee burnout, Exos CEO Sarah Robb O’Hagan switched to a 4-day workweek and partnered with experts to study the results. Here’s what she found out.  
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Tesla tells its German factory workers to stay home as more protests loom

Tesla will shut its factory near Berlin to all employees Friday when protesters are expected to gather outside its gates to protest against a planned expansion.  
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What the proxy fight at Norfolk Southern means for railroad safety

Just more than a year after a massive derailment of a Norfolk Southern freight train led to the release of tank cars full of toxic chemicals and increased attention to the issue of railroad safety, the control of the railroad is up for grabs at its annual meeting.  
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Source: CNN Business