Here are the most important news items that investors need to start their trading day.
. The executive changes come as McCarthy pursues a sweeping plan to rejuvenate the one-time pandemic darling, whose business started to suffer as people ventured out of their homes to exercise as Covid restrictions were lifted. As of Monday's close, shares of Peloton are down nearly 70% this year.Travelers make their way through Orlando International Airport on New Year's weekend, despite thousands of flight cancellations and delays across United States.
Hopper, which tracks air fares, said flights this Thanksgiving and Christmas will be the highest in five years. People are adapting to life with Covid, particularly with vaccines and treatments widely available, and they're eager to see family and friends they haven't seen in years. Or they just want to get away.
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