Patty McCord, former Chief Talent Officer at Netflix and author of "Powerful: Building a Culture of Freedom and Responsibility", discusses her time at Netflix and why certain principles make the company successful. McCord discusses her distaste for the word "empower" in the workplace, noting that employees already have power. Executives just need to give it to them. She digs into the intentionally high turnaround rate at Netflix and why a culture like that is okay. She talks women in the workplace and why equal pay is something that needs to be addressed at this point in time.

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LodeStar Works CEO on Finding Non-Political Solution to Gun Violence With Smart Tech
Amid a rise in gun-related deaths in 2021, a smart technology solution is being touted to help personalize and secure the use of firearms for owners in hopes of preventing unauthorized use and accidents. Gareth Glaser, president and CEO of LodeStar Works talked with Cheddar about adding fingerprint or smart tech locks to its 9mm handgun as a way of addressing the deadly issue without a partisan viewpoint. "We felt a technical solution would be the best way to go," Glaser said. "It's nonpolitical, and it actually addresses the product itself as opposed to a cultural issue."
Stocks Close Lower, Nasdaq Snaps Three-Day Winning Streak
Stocks closed lower Thursday and the Nasdaq snapped a three-day streak as tech stocks tumbled. Investors have been eyeing how the Federal Reserve will implement its more aggressive monetary policy amid rising inflation, including three potential rate hikes this year, with the first one coming as soon as March. Melissa Brown, Managing Director of Applied Research at Qontigo, joins Cheddar News' Closing Bell to discuss today's close, market valuations, big tech weakness, moving into bonds, and more.
New Money Podcast Explores Crypto Investing, Web 3.0, and More
As the cryptocurrency and digital asset space continues to evolve and grow, one podcast launching on Spotify's new video podcast platform aims to inform listeners about the various uses and developments in the crypto world. 'New Money' features guests from the entertainment and sports worlds discussing building wealth in the crypto space, creating NFTs, working on digital contracts, and more. Solo Ceesay, co-host of the 'New Money' podcast and co-founder of creator-focused social media platform Calaxy, joins Cheddar News' Closing Bell to discuss what the podcast will explore, its guest lineup, how they verify content amid broader crypto speculation, and more.
Inflation Still Running Hot as Fed Looks to Raise Interest Rates
Two key reports from the Labor Department this week show inflation is still running red hot. Consumer prices soared 7% in 2021, the highest increase in nearly 40 years, and producer prices followed suit, rising 9.7%. Brian Levitt, Global Market Strategist at Invesco, joined Cheddar News' Closing Bell to break down the latest data and what it means for the economy moving forward.
Lime CEO on Launching New Gen4 E-Bike, Bringing Micromobility to the Metaverse
Lime is celebrating the launch of its latest electric bike in Washington, DC, this week, with more cities joining in this spring. The Gen4 e-bike boasts a new look, a more powerful motor, and a battery that's interchangeable with the Gen4 e-scooter. CEO Wayne Ting joined Cheddar to discuss the company's investment in electric bikes and the potential role of micromobility in the metaverse. "I think it would be incredible as a way to teach people to live greener, if there are worlds out there, metaverses out there, where the way you go faster in that world is if you take a bike and a scooter," he said. "So, you're teaching people better behavior as part of their virtual world as well."
Former UCLA Gymnast Nia Dennis on Teaming Up With Juice Company Pressed
Retired gymnast Nia Dennis went viral last year after a video of her gymnastics floor routine highlighting Black excellence gained traction on social media. Now the athlete and UCLA graduate is partnering with juice and plant-based foods company Pressed to promote health and wellness in the new year. "They have helped me start this year off strong and start living a healthier lifestyle," she said.
M&T Bank Opens 100 New Multicultural Banking Centers Across the U.S.
M&T Bank rang the Opening Bell at the New York Stock Exchange Thursday morning as the company celebrated a milestone of opening 100 new multicultural banking centers. David Femi, head of multicultural banking, joined Cheddar to discuss the culturally inclusive expansion as part of the bank's overarching goal to increase financial access in racially and ethnically diverse communities. ​"By designating branches as multicultural is just one way for us to be intentional in making sure, that number one, when [customers] come into these branches, they see people that look like them, they see people that speak their language," he said.
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