Samsung announcing that consumer will be seeing a flexible phone by the end of this year. Sascha Segan, lead mobile analyst at [PC Mag, joins Cheddar to discuss what this innovation means and why the company is looking to improve the technology of its mid-tier phones.](https://www.pcmag.com/news/363518/samsung-mobile-chief-says-foldable-phone-coming-this-year)
MTV, a division of Paramount, is planning to shut down its news division and lay off 25 percent of its workforce. The company cited "broader economic headwinds" as the reason for the shuttering. The decision comes as Paramount makes cuts to better compete with rival entertainment giants.
Consumer prices in the United States rose again in April, and measures of underlying inflation stayed high, suggesting that rising costs could persist for months to come.
Goldman Sachs will pay $215 million to settle a years-long class action lawsuit that claimed the bank discriminated against women when it came to pay, performance evaluations and promotions.
Airbnb warned in its latest quarterly report of a possible slowdown in bookings. Cheddar News breaks down how budget-conscious customers are planning changes in travel for the upcoming summer season.
Amazon said Tuesday it launched a new service that will allow customers to purchase physical products while playing video games or interacting in virtual reality.
