Americans across the political spectrum see the U.S. budget deficit as an urgent challenge that should be addressed with a combination of tax increases and spending cuts.
Shares of Archer Aviation Inc. got a lift Wednesday after company, which operates electric air taxis, said its Archer Air subsidiary received certification from the U.S. Federal Aviation Administration to operate as a commercial airline.
Brown-Forman Corp.’s stock fell 4% Wednesday after the Jack Daniel’s parent missed revenue estimates for its fiscal fourth quarter, offsetting a profit beat.
Land’s End Inc.’s stock rose 3.5% early Wednesday, after the maker of outerwear, accessories, footwear and uniforms posted a narrower-than-expected first-quarter loss and revenue that topped estimates.