The banking crisis was downgraded a bit this week. So here's what else you should have been watching in markets.
Uber and BP would initially collaborate in key markets, including the United States, UK, and Europe, to help the ride-hailing company achieve its 2030 emissions targets, followed by Australia and New Zealand, the companies said in a statement. Uber aims to be a zero-tailpipe emissions mobility platform in the US, Canada and Europe by 2030 and globally by 2040. BP and Uber had last year tied up to expand delivery services to everyday convenience.
As the first quarter of 2023 comes to a close, we asked 4 CEOs what they expect to see in Q2. The chief executives of WeWork (WE), Trex Co. (TREX), Santander (SAN), and the incoming CEO of Lyft (LYFT), all joined Yahoo Finance to share their outlook for the coming quarter. Santander U.S. CEO Tim Wennes told Yahoo Finance LIVE, “the consumer is resilient today. We've still seen consumer spending holding up. We've seen continued activity in terms of borrowing, but there's a lot of uncertainty.” You can find full video interviews below: 'Efficiency is in the air': Incoming Lyft CEO WeWork: ‘This is our moment,’ CEO says U.S. housing market: The ‘higher-end consumer is still very active,’ Trex CEO says Trust, confidence ‘impacted’ by U.S. banking crisis, Santander CEO says