Today's top stories: Debt ceiling debate, Tyson Foods earnings, Virgin Galactic...
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Today's top stories: Debt ceiling debate, Tyson Foods earnings, Virgin Galactic flight
Today's top stories: Debt ceiling debate, Tyson Foods earnings, Virgin Galactic flight
The Yahoo Finance Live breaks down the top news stories from the trading day on Monday.
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Today's top stories: Debt ceiling debate, Tyson Foods earnings, Virgin Galactic flight
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Equinox membership 'increasing their demand' for personal coaching: President
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NYC in-office attendance slumps amid return-to-office initiatives
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Stocks moving in after hours: PayPal, Palantir, Lucid
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PayPal stock falls despite Q1 earnings beat
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Rivian has structural, demand challenges to overcome 'to unlock real value' of the EV stock: Analyst
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Disney: A 'plain vanilla recession' will be fine for the parks segment, analyst explains
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Twitter: Elon Musk tweets that inactive accounts will be purged
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Debt ceiling has 'proven to be an ineffective tool in curtailing federal spending': Analyst
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The latest in crypto: Binance’s bitcoin withdrawals, Coinbase, crypto mining tax
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Virgin Galactic stock lifts off ahead of first commercial flight in June
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Lawmakers remain 'highly disincentivized to come to a deal' on the debt limit: Expert12:10
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Disney expands its lawsuit against Florida Gov. DeSantis
The Yahoo Finance Live breaks down the top news stories from the trading day on Monday.
Video Transcript
[AUDIO LOGO]
AKIKO FUJITA: It is closing time here at Yahoo Finance. Let's get you caught up on some of the biggest headlines of the day.
We are kicking things off with the debt ceiling. That is the big focus with, Tuesday, President Biden is set to meet with the big four congressional leaders at the White House. We'll also have both chambers of Congress back in session. You can expect negotiations to be coming fast and furious as the US comes closer to being unable to pay its bills.
SEANA SMITH: Tyson Food shares sliding 16% today after its second-quarter earnings missed estimates. The company reporting a surprise loss, also cutting its fiscal 2023 outlook, citing a, quote, challenging protein market.
AKIKO FUJITA: And Virgin Galactic is returning to the edge of space. The space tourism company will launch its latest flight in late May with the hope of being able to start commercial operations next month.
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