Modest gains appear to be ahead for Wall Street at the Wednesday open, following a mixed session that saw the Dow post a third straight day of losses but also finished with the Nasdaq at a record high.
today. Weinstein has pleaded not guilty to sexually assaulting Mimi Haleyi in 2006 and raping Jessica Mann in 2013. He faces life in prison if convicted on the most serious charge, predatory sexual assault. Bed Bath & Beyond said it will spend about $600 million this fiscal year on share repurchases and debt reduction, and up to $400 million on store remodels and supply chain upgrades.
Shares of Groupon dropped 25% during extended trading Tuesday after the company reported fourth-quarter financial results that missed analyst expectations for the top and bottom line. Uber Technologies will shut down its office in downtown Los Angeles and cut about 80 jobs. Separately, Uber and food delivery rivals DoorDash and Postmates have discussed various merger combinations over the past year, according to The Wall Street Journal, although none of the talks resulted in a deal.
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