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.
Players have voted to accept Major League Baseball’s latest offer for a new labor deal, paving the way to end a 99-day lockout and salvage a 162-game regular season that will begin April 7.
Co-founders of the 'Female Founder Collective,' Rebecca Minkoff and Alison Wyatt, join Cheddar News to discuss this year's 'Female Founders Day' conference in Austin, Texas.
The new show ‘Fix My Flip’ is offering help to flippers from HGTV’s own Page Turner. The real estate expert and host joined Cheddar News to talk about her series and share advice for anyone looking to break into the world of flipping houses. "I'm coming in with this whole, just, book of 'we're gonna stop doing this and this is what we're going to start doing to get you out of this hole that you've dug,'” she said.
Amazon says it will be closing down all 68 of its pop-up shops throughout the U.S. and United Kingdom. The e-commerce giant makes the move as it looks to evolve its other brick and mortar chains like Whole Foods and eventually grow into a physical retail powerhouse. Cheddar News was joined by Deren Baker, CEO of Edge by Ascential, to talk more about Amazon's plans to become a retail powerhouse.
NFT and digital collecting platform Neon recently raised $3 million in seed funding. The startup also launched the world's first NFT vending machine, located in New York City's Financial District. Neon says it aims to be the simplest and most accessible way to buy, sell, and trade NFTs, both online and in the real world. Kyle Zappitell, CEO of Neon, joined Cheddar News' Closing Bell to discuss.
President Biden has banned imports of Russian oil to the U.S. in retaliation for its invasion of Ukraine. The president warned of higher prices at the gas pump, leading some analysts to think it could propel the transition to clean, renewable energy. Michael Jones, chairman and CEO of investment solutions company Caravel Concepts, discussed how the ban is hitting green energy stocks as gas prices continue to surge. "I think the 10-year prospects for renewables just got a whole lot better because ultimately this is going to force a transition into renewables," he said.
