Heather Haddon, reporter for The Wall Street Journal, shares her thoughts on Kroger becoming the third retailer to raise the age for buying a firearm to 21. Walmart and Dick's Sporting Goods made similar changes recently.
Haddon notes this decision wasn't made in response to Kroger shareholders who asked for similar measures to be taken back in 2016. In reality, she says this will only affect a small number Kroger-owned Fred Meyer locations. There are 43 Fred Meyer stores nationwide.
Haddon says if the NRA is upset with any of these retailers it's probably Walmart because they are the largest retailer in America. Kroger is the largest supermarket chain in the country.
Carlo and Baker cover the latest data showing the Omicron wave has likely started, Pfizer's Covid pill, Jan. 6 and a box office rescue attempt courtesy of Spider-Man.
Following the historic vote that established the first unionized Starbucks cafe in the nation, two stores in Boston have filed to have union elections as well. Baristas Cassie Fleischer and Jaz Brisack of the Buffalo cafe joined Cheddar to discuss supporting the Boston unionizing efforts. The duo also recounted efforts they say Starbucks undertook to stop their own organizing, including claims they would lose all their current benefits, anti-union propaganda texts, and anti-union meetings. "Howard Schultz, the former CEO, even came in to make a speech about how wonderful the benefits were and how he felt like that was akin to sharing blankets during the Holocaust," said Brisack.
Stocks closed lower Tuesday as investors weighed higher than expected producer price index data, released one day before the Federal Reserve's two-day December meeting concludes. The Fed is expected to announce its decision about speeding up its asset tapering timeline, and a potential interest rate hike. Barry James, portfolio manager at James Investment Research, joins Cheddar News' Closing Bell to discuss investor skittishness, what the Fed might announce, and more.
As 2021 is approaching its end, the meme stock mania that surrounded companies like Gamestop and AMC this year doesn't seem to be going anywhere. Stocks for both companies plunged to their lowest levels in months on Monday, but on Tuesday, traders seemed to come to the rescue, as the stocks for both companies saw rebounds. Great Hill Capital Chariman Thomas Hayes joins Cheddar News' Closing Bell to discuss.
Upward Farms is an indoor vertical farming company on a mission to heal our broken food system and reconnect consumers with organic locally-grown food. The Brooklyn-based company uses its controlled environment farms to grow organic leafy greens, which are sold at whole foods markets in New York City. Upward Farms co-founder and CEO Jason Green joined Cheddar Climate to discuss.
One of the biggest hurdles when it comes to widespread electric vehicle adoption is consumer hesitation about their ability to keep their EV charged if they take a longer trip outside of their locality. Now, electric companies nationwide are teaming up as part of a coalition to build out a network of EV charging stations spanning major U.S. travel corridors. Kellen Schefter, director of electric transportation at the Edison Electric Institute, joins Cheddar Climate to discuss the coalition's plans, how drivers can compare fueling up with gas to recharging an EV on a long trip, how the charging network will be funded, and more.
