Qualcomm said it would provide Apple with its 5G smartphone modems through 2026.
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Johnson & Johnson Announces Split Into Two Separate Businesses
Pharmaceutical and health care giant Johnson & Johnson announced that it will split into two separate companies, setting aside the consumer division that sells Band-Aids, baby powder, and other products to stand alone.
VF Corp Commits to Achieving Zero Waste by Year-End
The parent company of North Face, Vans and Supreme, VF Corp, released its fourth annual "Made for Change" sustainability and responsibility report. It details the company's ongoing efforts to tackle social and climate related issues. This comes as climate experts continue to warn about the dangers of fast fashion and its impact on global CO2 emissions. Sean Cady, Vice President of Global Sustainability, Responsibility and Trade at VF Corporation, joins Cheddar News to discuss.
Rittenhouse Defense Rests, EU Border Standoff & Love, Hate, Ate
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Stocks Close Mixed, Near Session Lows After Hot Inflation Data
This week's inflation data showed that consumers are not imagining higher prices at the register - prices jumped 6.2% in October, the biggest inflation surge in 30 years. Both the S&P 500 and Nasdaq felt the impact of that data, but today recovered after a sell-off. Sean O'Hara, President at Pacer ETFs, joins Cheddar News' Closing Bell to discuss today's market close amid this week's hot inflation data, and third-quarter earnings season.
Self-Driving Truck Startup Kodiak Robotics Raises $125 Million
Self-driving truck startup Kodiak Robotics recently announced a $125 million funding round as the trucking industry is facing major challenges, including growing shipping demand and driver shortages. Kodiak says its autonomous technology can help businesses move goods faster, safer, cleaner, and more efficiently. Kodiak Robotics founder and CEO Don Burnette joined Cheddar News' Closing Bell to discuss.
Ultrafast Grocery Delivery Booms in NYC, But it May Not Be a Good Thing
Francisco Marte, Founder of the Bodega and Small Business Association, joined Cheddar to discuss the recent boom in ultrafast delivery services and what it means to bodegas and mom & pop shops in New York City.
