Souvenirs are displayed for sale in the window of a shop with a reflection of Windsor Castle, in Windsor, England, where Prince Andrew residence is nearby in the grounds of Windsor Great Park, Thursday, Jan. 13, 2022. A judge has — for now — refused to dismiss a lawsuit against Britain's Prince Andrew by an American woman who says he sexually abused her when she was 17. Stressing Wednesday that he wasn't ruling on the truth of the allegations, U.S. District Judge Lewis A. Kaplan rejected an argument by Andrew's lawyers that Virginia Giuffre's lawsuit should be thrown out at an early stage because of an old legal settlement she had with Jeffrey Epstein, the financier she claims set up sexual encounters with the prince. (AP Photo/Matt Dunham)
Buckingham Palace said on Thursday that Prince Andrew's honorary military titles and royal patronages have been returned to Queen Elizabeth II with her “approval and agreement."
More than 150 navy and army veterans had written to the queen asking her to strip Andrew of all his military ranks and titles after a U.S. judge said Wednesday a sex assault lawsuit against Andrew could go ahead.
In a joint letter issued by the group Republic, they said Andrew had “brought the services he is associated into disrepute.”
The palace said in a brief statement that “with the queen’s approval and agreement, the Duke of York’s military affiliations and royal patronages have been returned to the queen."
“The Duke of York will continue not to undertake any public duties and is defending this case as a private citizen," the statement added.
District Judge Lewis A. Kaplan rejected an argument by Andrew’s lawyers that Giuffre’s lawsuit should be thrown out at an early stage because of an old legal settlement she had with Jeffrey Epstein, the financier she claims set up sexual encounters with the prince.
He stressed that he wasn’t ruling on the truth of the allegations.
Andrew's lawyers have said that the royal never sexually abused or assaulted Giuffre and that he “unequivocally denies Giuffre’s false allegations against him.”
Palace officials have declined to comment on the “ongoing legal matter.”
Amazon is betting that ammonia could be the fuel of the future, participating in a Series A round for the Brooklyn-based company Amogy in December. Amogy aims to de-carbonize transportation with a clean energy system that uses ammonia as a renewable fuel. Amogy is partnering with Amazon on its first commercial product - an ammonia-powered cargo-shipping vessel. Amogy CEO Seonghoon Woo joins Cheddar Climate to discuss.
One of the world's largest transport companies is kicking off Black History Month with a new initiative aimed at the next generation of business leaders. Today, FedEx announced the launch of its Student Ambassador Program. Participants selected from eight historically black colleges and universities will receive career guidance from FedEx executives. The program is part of FedEx's ongoing commitment to HBCUs and will also help the company expand its pipeline for diverse talent. Cheddar News welcomes senior vice president at FedEx, Jenny Robertson, and Jerryl Briggs, President of Mississippi Valley State University, to discuss.
"Sing 2" has overthrown "Spider-Man: No Way Home" as the number one film at the UK box office. The animated sequel brought in $8.1 million, in just its two first weekends. However, "No Way Home" is still on track to beat "Avatar" as the number one grossing movie of all time.
Big Brothers Big Sisters of America has been a driving force for youth mentorship since 1904. The nonprofit organization is launching its annual Big Draft campaign this month in partnership with the NFL, and Artis Stevens, the first Black CEO of Big Brothers Big Sisters of America, joined Cheddar to discuss the push for adding more "Bigs" as mentors on his one-year anniversary leading the non-profit organization. "While the NFL is recruiting and drafting more players, they're also helping us to draft more mentors and, particularly, men all the way from across February to all the way to April of this year," Stevens explained.
The Supreme Court will reconsider race-based affirmative action in college admissions. The court will examine admissions policies at Harvard University and The University of North Carolina Chapel Hill, which count the race of applicants as a factor in admissions. The court has upheld affirmative action policies in the past, saying it helps to create more diverse student bodies. However, the conservative Supreme Court could be skeptical and even possibly hostile to such policies. Nick Anderson, Higher Education Writer, Washington Post joined Cheddar's Opening Bell to discuss.
The value of most cryptocurrencies have plummeted in recent months since reaching all-time highs in November, wiping out more than $1 trillion in value globally. The steep crash has some talking about the possibility of a crypto winter, a term referring to a prolonged bearish period where asset prices persistently fall over many months. This all comes as the Fed is expected to raise interest rates, and the Biden administration is working on an executive order to regulate Bitcoin and other assets. Josh Goodbody, COO of Qredo, joined Cheddar's Opening Bell to discuss the crypto crash, and how the industry might recover from it.
Recent data reveals that streaming giants are struggling to retain subscribers in the months following a major release.
According to data from Antenna, subscriber trends show that users will subscribe to a given streaming service just to watch a particular show, and then cancel those subscriptions shortly after. This comes as the streaming space continues to heat up as new entrants crowd the space. Jon Christian, Founding Partner + Digital Supply Chain Leader at OnPrem joined Cheddar's Opening Bell to discuss.
The EU relaxed its Covid travel restrictions for vaccinated individuals among the union's 27 member states, doing away with testing or quarantine requirements for travelers. This comes soon after the World Health Organization said the omicron variant could help make the pandemic more manageable. The new rules take effect February 1st. Bryce Conway, Founder, 10xTravel joined Cheddar's Opening Bell to discuss.
If you're in China you may have noticed that the 1999 film "Fight Club" which features Brad Pitt has somehow got itself a new ending. In the new ending on the streaming service Tencent, the narrator is killed and the explosions are replaced with a black screen saying "the police arrested criminals".It's unclear as to exactly why the changes were made. However, it is the latest example of China playing by its own rules when it comes to entertainment and attempting to control everything its citizens watch. Media Reporter at Axios, Sarah Fisher, joined Cheddar to discuss more.
