The delivery company said that by May it would reduce its U.S. head count by 25,000, among other expense reductions. Shares rose to $227.25.
YouTube TV Raises Base Subscription Price By 12%
The virtual cable service YouTube TV has said Thursday it will boost its base subscription price by 12% to $72.99 a month, from $64.99.
Part of the Google arm of Alphabet (ticker: GOOGL), YouTube TV said that new users will see the increased pricing effective immediately. Existing members will see the higher price starting April 18.
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Expected Major Events for Friday
07:00/SWE: Feb Labour force survey
07:00/ROM: 4Q Employment and unemployment
08:00/SVK: Feb Harmonized CPI
08:00/AUT: Feb CPI
09:00/ITA: Jan Foreign Trade EU
09:30/UK: Feb Bank of England/Ipsos Inflation Attitudes Survey
09:30/UK: 4Q Bank of England statistics on UK banks' external claims
10:00/LUX: 4Q GDP
10:00/CRO: Feb CPI
10:00/CYP: Feb Harmonised CPI
10:00/EU: Feb Harmonised CPI
10:00/MLT: Feb Harmonised CPI
10:00/EU: 4Q Labour Cost Index
15:59/UKR: Jan Trade
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(END) Dow Jones Newswires
03-17-23 0115ET