Food trucks in the U.S. have taken many forms, but have long been a popular option for dining. Now as the coronavirus pandemic alters the way we interact and engage with others, these kitchens on wheels may have a new function, especially on college campuses.
Rod Keller, CEO of the electric vehicle manufacturer AYRO is jumping at the opportunity to capitalize on the niche industry in a partnership with Gallery Carts. The new collaboration will combine AYRO's expertise in developing electric vehicles with Gallery's expertise in creating food delivery vehicles.
"Colleges are faced with, 'Well how do we provide food and beverage while at the same time, avoiding the mass crowds that you would typically see inside of a cafeteria?'" Keller told Cheddar.
So far, more than $500,000 has been poured into the collaboration as orders for the vehicles continue to amass. Keller said he's confident that as universities and other large campuses seek safer ways to feed their communities amid the pandemic, the need for their services will grow.
AYRO is also banking on buyers in higher education considering the long-term savings electric vehicles can provide. Keller said its electric vehicles save fleet operators at least 50 percent on fuel and energy costs.
"When people are moving cargo from one side of a university to another, or business campus, or hotel and resort, you don't need a full-sized truck with 400 miles of range running on gasoline to do that," Keller said.
Meta, Facebook’s parent company, hired a Republican consulting firm called Targeted Victory to “orchestrate a nationwide campaign” against TikTok, The Washington Post reported on Wednesday.
Mortgage rates reach sky-high levels amid the spring prime time for house buying. Lawrence Yun, the chief economist for the National Association of Realtors, joined Cheddar News to talk about what buyers should be looking for this season. “The only way to make affordability better is to assure that we have increased supply assure that the home builders are not facing any artificial barriers," he said. "We need to construct more homes, also construct more apartment buildings, because rents are rising very fast for the renters."
A federal judge has given the go-ahead for a class-action lawsuit against Facebook parent company Meta over allegations it exaggerated its advertising reach and overcharged advertisers. Jon Swartz, a senior reporter for MarketWatch, joined Cheddar News to give his take on the impact the legal action might have on the social media giant. "Remember Facebook is the ultimate Teflon company in tech. FTC investigates, it's constantly being accused of anything from the left to the right in terms of misinformation, yet it continues because it's the biggest brand of its kind and number one in terms of what it tries to do. It continues to benefit," he said. "So it's going to take something magnificent, not a class action suit, but something bigger and beyond that to knock them off the rails."
If you have a minute, Protégé thinks it might be enough to get your talent noticed by stars and industry movers like DJ Khaled. Jackson Jhin, co-founder and CEO of the platform, talked to Cheddar about how the services might better democratize access to performing arts like music and acting. "You have 60 seconds to send a video to the best experts in each industry and send it to people who otherwise would have been inaccessible," he noted. For a wide-ranging fee, applicants can submit their work to garner feedback from folks like Jason Alexander or Scooter Braun — with a money-back guarantee, according to Jhin.
Job openings hovered at a near-record level in February, little changed from the previous month, continuing a trend that Federal Reserve officials see as a driver of inflation.
Ron Carson, CEO and Founder of Carson Wealth, sits down with Cheddar's Hena Doba to share how the blueprinting process keeps him on track to achieve goals and live life by his own design.
