Hollywood Writers Begin Negotiations With Alliance of Motion Picture and Television Producers
The Writer's Guild of America is set to begin negotiations with the Alliance of Motion Picture and Television Producers. Among items expected to be hammered out: watch per stream rates and the use of artificial intelligence in screen writing. Cheddar News senior reporter Michelle Castillo talked about what is expected to come out of day one of negotiations.
Stocks fell at the open Tuesday as the 10-year Treasury yield spiked following retail sales data and bank earnings, raising concerns over more rate hikes. Investors are also keeping an eye on tensions in the Middle East and its potential effect on global markets.
Rite Aid has filed for bankruptcy protection and plans to sell part of its business as it attempts to restructure while dealing with losses and opioid-related lawsuits.
