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: Caesars reportedly paid ransom to hackers, while MGM Resorts is still dealing with cyberattack

Shares of Caesars Entertainment slumped Wednesday following reports that the casino operator paid millions of dollars in ransom after it was hit by a cyberattack last month.

The Margin: Too soon? Chicago hot-dog slinger and New York headline writer among those swift to make light of the Aaron Rodgers injury.

But cheering from his erstwhile fans in Milwaukee?

Market Extra: For stocks this was ‘the worst part’ of inflation report, says First Trust

Major U.S. stock benchmarks remained down for the month on Wednesday, after a choppy trading session ended with mixed results as investors weighed the latest inflation report.

IPO Report: Arm IPO: Separating the hype from the reality

Arm Holding’s IPO is set to be the biggest initial public offering since EV maker Rivian went public in 2021.

Earnings Results: Semtech stock falls as loss forecast, while Street was expecting a profit

Semtech shares fell Wednesday after hours as the chip maker forecast a loss for the current quarter while Wall Street expected a profit.

: UAW strike countdown: Union president says targeted strike possible at all Big Three companies

UAW President Shawn Fain says that UAW may strike 'all of the Big Three at once,' and union prepares for 'standup strikes' if no deal is reached. "

: Google to lay off hundreds of recruiting staffers

Google plans to cut back on roles in its recruiting department, a spokesperson confirmed Wednesday.

IPO Report: Arm prices IPO at high end of range, raising $4.87 billion

Arm Holding Ltd. priced its initial public offering at the high end of expectations late Wednesday following intense interest.

: Howard Schultz steps down from Starbucks board of directors

Starbucks Corp. on Wednesday said that former CEO Howard Schultz is stepping down from its board of directors, capping a nearly 40-year career during which the company grew from a handful of stores in Seattle into a global coffee chain.

The Tell: Stocks rallied after hot inflation data 11 months ago. Don’t expect a repeat, analyst says.

The S&P 500 rallied off its cyclical bottom 11 months ago, after consumer prices data showed hotter-than-expected inflation, but the move is unlikely to happen this time, according to Jonathan Krinsky, chief market technician at BTIG.

Outside the Box: Why have so many ‘airtight’ recession predictions been downright wrong?

The assumption that negative growth follows an inverted yield curve may no longer be a reliable indicator

The Margin: 5 things to know about the new COVID-19 vaccine

The booster will be available starting later this week.
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