Bed Bath & Beyond's website relaunched Tuesday under its new name, Overstock.com.
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NYC Limits Banking with Wells Fargo Following Discrimination Reports
A recent report in Bloomberg revealed widespread discrimination against Black homeowners, making the wealth gap in our country even wider. The report found Wells Fargo rejected more than half of Black applicants seeking to refinance their homes in 2020 while approving over 70% of white applicants. Brad Lander, NYC comptroller, joins Cheddar News to discuss how the city is taking action in response to these reports.
TikTok's Influence on Advertising
As TikTok grows in popularity, so does its ad revenue potential. Research firm Insider Intelligence forecasts the app's revenue will likely triple in 2022 to more than $11 billion, putting it past the sales of both Twitter and Snapchat combined. Cheddar News takes a closer look.
For Us By Us Network Creates Content for BIPOC and Hip-Hop Culture
J. Alexander Martin, co-founder of FUBU and For Us By Us Network, joins Cheddar News to discuss his new streaming platform.
Seventh Generation CEO on the Push for Sustainable Home Care Products
Alison Whritenour, CEO of Seventh Generation, a Unilever brand of home care that focuses on sustainability and green initiatives, joined Cheddar News to talk about the push to put sustainability at the forefront of its product line. "One of the biggest things that we're driving right now is concentration, and so making sure that consumers — while they're re-adapting to their lifestyle post-pandemic and continuing to make choices that suit their home — know that there's a better for you less waste option available," she said about its more highly-concentrated cleaning solutions.
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'White Hot' Netflix Doc Highlights History of Discrimination at Abercrombie & Fitch
The new Netflix documentary "White Hot: The Rise & Fall of Abercrombie & Fitch" dives into how the once apparel retailer used an exclusionary business model, focusing on the "popular and cool kids," to thrive for years until its discriminatory culture and practices led to a consumer backlash. Anthony Ocampo, a professor of sociology at Cal Poly Pomona and former Abercrombie & Fitch employee, and Ben O’Keefe, a social change activist and head of diversity and impact production at Creator+, discussed the film and the retailer's rebranding in light of many allegations brought against it. "I got a job at Abercrombie & Fitch, and I worked there for a couple of weeks. But then when I went back to that same store after the academic year ended to get my job back, I was told by someone, I'm sorry, we can't rehire you because we already had too many Filipinos working at this store," Ocampo said.
Get Maine Lobster Joins The Metaverse With Launch of New NFT
Mark Murrell, founder and CEO of Get Maine Lobster, joins Cheddar News to discuss the launch of the company's NFT, which is inspired by a cotton candy lobster named Haddie.
Sexual Assault in the Metaverse
Brittan Heller, founder of the Center for Digital Civil Rights and a fellow at the Atlantic Council, joins Cheddar News to discuss the rise of sexual assault in the metaverse.
Stablecoins Are Having a 'Coming of Age Moment' Even as Security Problems Persist
The second-largest stablecoin, USDC, backed by the company Circle recently received a $400 million funding infusion from traditional financial firms like BlackRock and Fidelity even as crypto reels from more high profile heists.
