The Women’s March of 2017 inspired many women to get involved politically and socially, and “Orange is The New Black” actress Alysia Reiner is no different.
“I was actually at the Women’s March and in this moment of feeling like both women and the environment are an endangered species, what can we do in a positive way that makes people feel good?” she said. “And that actually has positive impact.”
So she decided to start an eco-friendly, socially-conscious womenswear label made by and for women.
Also inspired by her Netflix series, Reiner is making fashion for a cause. Her Livari label has partnered with Road 22, which employs previously incarcerated women who make shirts for the brand. Some proceeds of the Livari Backbone T-shirts are going to the female artist who designed shirts for the brand. Another portion goes toward reducing carbon emission in India. Reiner says she wants to use the art of fashion to tell amazing stories and inspire people.
“That’s something that I’ve always believed in, is in the face of adversity, how do we keep on getting up?” she told Cheddar.
The label has a pop-up in NYC Tuesday at The Gregory Hotel from 5-7 pm.
Image-sharing app Pinterest reported big beats on its Q4 earnings for the top and bottom lines. The social platform surprised investors after seeing a decline in users while earnings and revenue were much higher than expected.
The Labor Department's January jobs report showed 467,000 jobs were added, compared to the 150,000 that were projected, a sign that employment is continuign to return to pre-pandemic levels. Lindsey Piegza, chief economist at investment bank Stifel, joined Cheddar to break down the report, noting the big gains but adding a note of caution. "Remember, even with this morning's stellar report, we're still millions below that level that we had reached prior to the onset of COVID-19," she said." Yes, we are recapturing jobs. We still have further ground that needs to be made before we can talk about reaching that previous peak." Piegza also discussed the role of the Federal Reserve going forward as the employment figures turn more positive.
Stocks closed at session lows Thursday, mostly due to a larger tech selloff after Facebook parent company Meta reported weak earnings results one day before. The Nasdaq closed down nearly 4% for its worst day since September 2020. Erin Gibbs, Chief Investment Officer at Main Street Asset Management, joins Closing Bell to discuss today's close, Meta earnings, Amazon earnings, and more
Spotify beat fourth quarter earnings expectations, and also reported a jump in monthly active users and in paid subscribers. The report comes as the company grapples with a new question: is it simply a streaming platform, or is it a media company responsible for the content it posts, like Joe Rogan's controversial podcast? Greg Martin, Co-Founder of Rainmaker Securities, joins Closing Bell to discuss why the stock took a hit even though earnings results were positive, how the company can move forward through the Rogan controversy, and more.
