Tennis star Naomi Osaka is set to take a break from the game as she starts her family. Osaka and rapper Cordae, who have dated since 2019, are expecting a baby. The announcement comes as the Australian Open is underway. In a Twitter post, Osaka told fans she can't wait to be on the court and has plans to return to competition next year for the tournament Down Under.
Pamela Anderson's Doc
Netflix is gearing up to release a new documentary focused on model Pamela Anderson. Pamela, A Love Story, which is slated to be released later this month, is Anderson's counter to last year's Hulu limited drama series titled Pam and Tommy. Anderson reportedly didn't watch the project because of how she was portrayed and instead decided to tell her own story.
Harry Styles' MCU Future
After his debut in Eternals in 2021, Harry Styles is set to become a fixture in the Marvel Cinematic Universe. According to Marvel Studios producer Nate Moore, Styles' future in the MCU will go beyond his debut performance. "Styles, he is as charming as you want him to be. And I think there's no limit to how good that character's going to be once we get to bring him back," Moore told Deadline.
Abbott Keeps on Winning
After winning the best musical or comedy series award and individual wins by Quinta Brunson and Tyler James Williams, ABC's Abbott Elementary was renewed for a third season. The show is currently in the midst of its second season, which gained a 100 percent rating from Rotten Tomatoes, according to Variety. "Abbott Elementary is the gift that keeps on giving, and I look forward to many more magnificent episodes of this brilliant, authentic and just plain funny series," Channing Dungey, chairman and CEO of Warner Bros Television Group, told Variety.
California's new composting law will affect what residents do in their kitchens. As of this week, Californians will have to recycle excess food in an effort to reduce emissions caused by food waste. Cities and counties will turn recycled food into compost or use it as a renewable energy source. California's new law is the largest mandatory residential food waste recycling program in the country. Rachel Wagoner, Director of the California Department of Resources, Recycling and Recovery called the law 'the biggest change to trash' since recycling started in the 1980s. She joined Cheddar Climate to discuss.
Fast-casual restaurant chain Sweetgreen is rolling out its first salad subscription service called sweetpass as it looks to customers tackling new year weight loss and health goals. Members will receive up to 30 percent off of purchases.
Washington DC and the surrounding areas saw a record breaking snow storm Monday as a strong storm system works its way across the eastern U.S. The extreme weather event caused extensive damage in the greater Washington area, leaving thousands in the region without power. Jonathan Porter, Chief Meteorologist, AccuWeather, joined Wake Up with Cheddar to discuss the fierce storm.
Airlines canceled more than 3,000 flights on Monday over severe weather and crew shortages. The cancellations come on one of the busiest travel days of the holiday season, and is a continuation of the industry-wide disruption that started before Christmas. Thomas Pallini, Aviation Reporter for Insider joined Wake Up with Cheddar to discuss.
Millions of Americans with young children have relied on the child tax credit since the federal government began issuing checks in July 2021. The last round of payments was sent out just before the Christmas holiday — at the same time as the omicron variant surged. Leah Hamilton, associate professor of social work at Appalachian State University, joined Cheddar to discuss what the end to the tax credit means as the U.S. sees the end of many relief programs and its highest number of COVID cases since the start of the pandemic. "It'll become harder for families to meet their basic needs, increasing national childhood poverty rates and the proportion of families who have difficulty putting food on the table, maintaining stable housing, and paying their bills," Hamilton said. She also pointed to research that the credit as a long-term investment in children offsets claims that it contributes to macroeconomic impacts like inflation.
Several Silicon Valley insiders are being accused of contorting a 1990s-era tax break to avoid taxes on millions of dollars of investment profits. The tax break is known as the qualified small business stock exemption, and it allows early investors in certain companies to avoid half of the taxes on up to $10 million in capital gains. A piece recently published in the New York Times says venture capital firms like Andreessen Horowitz replicated the tax exemption by giving shares of companies to friends and family, who would otherwise face a 23.8% capital gains bill. The CEO of Roblox is also accused of replicating the tax break for his family members at least 12 times. Although the loophole known as 'stacking' is considered to be legal, the Times piece implies that the exemption has been manipulated for the ultra-wealthy to become more wealthy. Greycroft co-founder and Chairman Emeritus Alan Patricof joins Cheddar News' Closing Bell to discuss.
There is a new player in the mobile app stock trading space.
Zingeroo recently announced a funding round of $8.5 million. The company says it aims to bring 'friendly competition' to stock trading, by literally breaking trading down into daily and weekly competitions between friends. Zingeroo also says it hopes its new approach can make trading more accessible, educational, and social than ever before. Zingeroo co-founder and CEO Zoe Barry joins Cheddar News' Closing Bell for more.
