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.
Subscription plans aren't just for media businesses. From Alaska Airlines to Taco Bell, a greater number of companies across a wide variety of industries are testing or rolling out membership services of one kind or another. Blake Droesch, a senior analyst at Insider Intelligence, joined Cheddar News to discuss what's behind the growth of these plans and the advantages and disadvantages of the latest craze.
Nautilus Labs closed $34 million in funding from investors including the Microsoft Climate Innovation Fund. The company plans to use its funding to improve shipping industry efficiency with its software. Nautilus CEO Matt Heider joined Cheddar News to talk about how it tackles the carbon emissions in the global supply chain. "We've seen on 10-day voyages saving $60,000 worth of fuel just by managing speed with greater confidence around the future. The environmental impact of that is also huge," he said. "Saving that amount of fuel is a kind of taking over 1000 cars off the road this year."
A Glassdoor study reports that internship programs at companies like Roblox, Uber, and Salesforce offered the highest compensation levels in 2020 — nearly $10,000 a month. Daniel Zhao, a senior economist at Glassdoor, joined Cheddar News to talk about why big tech companies are paying top dollar for their interns. "I think what we're seeing is that companies are pushing more aggressively to engage with these candidates before they’ve even graduated, really because of the level of competition that they are facing, especially for these very high-value STEM graduates," he said.
Lonely Planet is looking to provide tech-savvy travelers with the building blocks to plan their own trips in a new travel experience series. Sebastian Modak, editor-at-large for Lonely Planet, joined Cheddar News to discuss its travel planning innovation. "We’re really offering new perspectives on these places and new approaches to experiencing them," Modak said.
The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
Dubbed the "Ethereum Killer," Solana is known for its super-fast, low-cost transactions, which has proven attractive to defi companies looking to scale up quickly.
