Stocks rise ahead of central bank week in Wall Street
U.S. stocks climbed as investors priced in a busy week for central banks led by the Federal Reserve. The S&P 500 rose 0.6 percent to 5149.42, the Dow gained 0.2 percent to 38790.43, and the Nasdaq advanced 0.8 percent to 16103.45. Nvidia led tech gains at its developer conference amid AI hype.
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Joann Files Chapter 11 Bankruptcy in U S
Hudson based Joann fabric and crafts retailer files for Chapter 11 in Delaware seeking to emerge privately owned by lenders and industry partners. The company reports over 800 stores and online operations continue with no immediate pay disruptions while financing and debt restructuring are negotiated.
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United Airlines safety review after multiple incidents
United Airlines plans extra pilot training days starting in May and to revise training for new mechanics after a series of incidents. CEO Scott Kirby urged travelers that safety remains the top priority and that each event will inform future safety training and procedures.
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