Dow Boosts After CPI Report, Cognizant Appoints New CEO, Disney-Peltz Clash, FTX Cash | Hero
The Dow Jones Industrial Average rose more than 200 points on Wednesday following the December Consumer Price Index report, which showed that inflation is cooling. Additionally, Cognizant has appointed Ravi Kumar S as its new Chief Executive Officer, while Disney's Peltz fight and FTX cash were also in the news. Meanwhile, Bernard Arnault has appointed his daughter Delphine Arnault to run Dior. Finally, the proposed ban on noncompete clauses has implications for top advisors, while Yahoo is part of the Yahoo family of brands.
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