The ongoing writers and actors strike in Hollywood is beginning to have ramifications on the broader entertainment industry. Cheddar News senior reporter Michelle Castillo talked about the impact the strike is having on the upcoming San Diego Comic-Con.
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Income Inequality Among Influencers, Closing the Racial Pay Gap
A recent study by MSI uncovers a vast racial divide in influencer marketing. The research found a 35% racial pay gap between white and black influencers. This gap is extremely wider than the gap in other industries such as education, business, and finance. The research also suggests that brands and agencies have the power to close this gap. Tiffany Hardin, founder and CEO of Gild Creative Group, joins Cheddar News to discuss.
Pennsylvania AG Josh Shapiro Details Navient's Predatory Student Loan Schemes
Student loan collection company Navient agreed to cancel $1.7 billion in debt and paid more than $140 million in other penalties to settle a lawsuit over abusive lending practices. Josh Shapiro, the attorney general of Pennsylvania who led negotiations in the settlement, joined Cheddar to go over the details of the company's predatory lending. "What Navient would do is charge [borrowers] these exorbitantly high rates, even though they knew people couldn't pay them or they would likely default on them," he explained.
Foxtrot Raises $100 Million to Accelerate National Retail Expansion Of Its Digital-First, Omnichannel Corner Store
Retail platform operator and delivery company, Foxtrot, raised $100 million in a Series C round led by D1 Capital Partners. Foxtrot bills itself as the modern convenience store that combines what it calls in-store curated discovery with 30-minute delivery and 5-minute pickup. Since launching first as a digital-only delivery service, the company has since grown into a popular local retailer, opening 16 brick and mortar locations across Chicago, Dallas, and Washington, DC. Foxtrot co-founder and CEO Michael LaVitola joined Cheddar News' Closing Bell to discuss.
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Betty White Tribute Movie to Air on Her 100th Birthday
A movie about the life of the late Betty White will premiere on what would have been her 100th birthday, January 17. The film will celebrate highlights from the trailblazer’s nearly eight-decade-long career.
Majority of 2021's Highest-Paid Musicians Are Men
Zogblog.com founder Zack O'Malley Greenburg joins Cheddar News to discuss his new Rolling Stone article, 'Nine of the 10 Highest-Paid Musicians of 2021 Were Men.'
White House Pushes Net Neutrality Ahead of FCC Nominees
Makena Kelly, politics reporter at The Verge, joins Cheddar News to discuss what's next for net neutrality as Biden's other nominee for the FCC, Gigi Sohn, awaits votes from the committee and Senate.
Iron Chef Alex Guarnaschelli Dishes on New Food Network Cooking Competition Show
Food Network star Alex Guarnaschelli joined Cheddar's Baker Machado to dish on her new cooking competition show "Alex vs. America." The Iron Chef will be taking on three challengers at a time in a contest she hopes brings a unique look at the genre. "I think the reality of the show, the truth of those competitions, the grittiness, the waiting, the choices," said Guarnaschelli, listing what she hopes comes across from her show.
Issues Facing the Black Community Ahead of MLK Day
Jewell Jackson McCabe, chair of the Keep Love Alive Campaign and founder of the National Coalition of 100 Black Women, and Marvin Owens, chief engagement officer of Impact Shares and former senior director of Economic Development at the NAACP, join Cheddar News to reflect on racial issues still prevalent in America.
