Delta Airlines responded to a class-action lawsuit that said the company inaccurately claimed to be the world's first "carbon-neutral company, saying it was "without merit."
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Dow, S&P Hit Record Close Again, Microsoft Reports Earnings
Chuck Lieberman, Partner and CIO at Advisors Capital Management, joins Cheddar News' Closing Bell, where he provides his insights on what we've seen during earnings season thus far and breaks down Microsoft's latest figures as the tech giant reports its quarterly earnings.
DraftKings Drops $22 Billion Bid for Entain
DraftKings is walking away from a deal to buy Entain, a major company in the international gambling industry, for $22.4 billion. The deal reportedly fell through after the companies could not come to agreements about BetMGM, the exclusive sports betting division of MGM, and a joint venture between MGM resorts and Entain. Sportico sports business reporter Eben Novy-Williams joined Cheddar Nws' Closing Bell to discuss.
Dissecting Apple's iOS Data Tracking Policy Change Impact on Social Media Companies
Mark Wagman, Managing Director at MediaLink, joins Cheddar News' Closing Bell to discuss the impact of Apple's iOS security change on fellow big tech companies Facebook, Snap, and Twitter. Apple now lets iOS users opt-out of cross-app data tracking - which hurt Facebook and Snap's advertising revenue in the third quarter.
Facebook Setting Its Sights on Metaverse as Part of Rebranding
Facebook has dominated the headlines over the past week. The social media giant reported earnings on Monday, has been in the crosshairs of lawmakers and is now expected to rebrand itself as it gears up for what it calls the metaverse. Daniel Newman, Founder & Principal Analyst at Futurum Research, joins Cheddar News' Closing Bell where he discusses what we should expect to see ultimately unfold.
Amalgamated Bank Commits to Reducing Emissions
Amalgamated Bank is the first U.S. bank to publish science-based targets to reach net-zero greenhouse gas emissions by 2045. The bank says it will reach this goal through how it engages with customers and how it finances projects. Amalgamated Bank Chief Sustainability Officer Ivan Frishberg joined Cheddar Climate to provide more details about the bank's ambitious climate goals.
Big Oil Execs to Testify in Congress on Alleged Climate Disinformation
After years of dodging Congressional hearings about accusations that they have lied to the public about climate change and spread disinformation, executives from big oil companies are set to testify Thursday before a House committee. Maxine Joselow, anchor of the Washington Post's Climate 202 newsletter, joins Cheddar Climate to preview what we might hear from big oil executives, who will be testifying, and whether or not big oil companies will continue to commit to their small, climate-focused initiatives.
Setting the Scene for COP 26; Xi, Putin Not Expected to Attend
COP26 been dealt a blow as Chinese President Xi Jinping and Russian President Vladimir Putin, whose countries are responsible for a third of the world's annual greenhouse gas emissions, will not be in attendance. Bertrand Piccard, Chairman and Founder of the Solar Impulse Foundation, joins Cheddar Climate, where he discusses what he expects to see when the summit commences in Glasgow.
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Verizon Partners With Amazon Low-Orbit Satellites to Bridge Rural Digital Divide
Verizon is teaming with Amazon's Project Kuiper low-orbit satellites to help improve communications and internet connectivity. Sampath Sowmyanarayan, chief revenue officer for Verizon Business, joined Cheddar to talk about the relationship with Amazon and what customers can expect from the strategic partnership. He noted that the 5G expansion via the satellite network will benefit rural communities where internet and wireless access remains difficult.
