Flying in the age of coronavirus comes packed with uncertainty about the health status of fellow travelers. Now, Florida's Tampa International Airport is running a pilot program that offers on-the-spot COVID-19 tests for travelers.
With more than 120 people participating in the optional testing per day, Joe Lopano, Tampa International Airport CEO, said the program is showing promising results.
"We've had some customers who have tested positive and Baycare, the healthcare professionals, have a discussion with that passenger and tell them that they should not continue on their way and passengers have accepted it," Lopano told Cheddar.
The airport offers two tests, the $125 PCR nasal swab, which usually takes 3 to 4 days to yield results, and the $50 rapid Antigen test. The cost of both tests, Lopano said, can be covered by insurance companies if travelers provide a receipt from the airport.
Testing at the airport, according to Lopano, will not have much impact on overall travel time. In fact, those not checking a bag only need to account for an additional 30 minutes as a cushion, he added.
"It's immediate testing. Sometimes you have to wait in a short line. You'll get your results in 15 minutes, so it really is not a very time-consuming function and it's very convenient," Lopano said.
While other airports have implemented testing for specific destinations, Lopano said Tampa is the first to offer widespread testing for passengers on all flights arriving and departing. The pilot program is likely to continue running through the holiday season as the number of participants and customer satisfaction is assessed.
For Lopano, offering a testing site at the airport is not only maintaining passenger safety but can also help revitalize a struggling travel industry that is fighting to get customers off the ground.
"It's a high priority because we need to do whatever we can to create confidence in the travel experience and now that widespread testing is available, the technology is available, what better way to do that than right at the airport," he said.
John Jannarone, Editor-in-Chief at IPOEdge.com, joined "Wake Up With Cheddar" to talk about Sweetgreen's monster first day of trading and whether or not the company is being overvalued. "It takes a long time for a company of this kind to prove its track record, and they haven't done it yet," he said. He noted that the company is worth more than Shake Shack at its current market cap.
Jill and Carlo are back to cover the latest in the Rittenhouse trial, new information on the origins of Covid, return-to-office and more.
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Roundhill Investments is investing in the metaverse, and it wants consumers to as well. The firm launched a metaverse exchange-trade fund called Meta back in June - the first ETF in the U.S. targeting investments in the next era of the internet. The fund's launch came months before the company formerly known as Facebook changed its name to Meta Platforms. Since the launch of Roundhill Investments' Meta ETF, it has grown significantly, reaching $500 million in assets. Roundhill Investments Vice President Mario Stefanidis joined Cheddar News to discuss.
The U.S. Justice Department has filed a lawsuit against Uber after it was discovered that disabled people were being disproportionately affected by extra “wait time” fees. Attorney Jonathan Bell joined Cheddar to discuss.
Things are expensive: both the important and the not-so-important stuff. October saw the largest year-to-year increase in the consumer price index in over 30 years. Inflation remains a top concern for the average American consumer as some stress over the price of everyday essentials like milk, beef, and gasoline.
But that doesn't seem to be affecting overall retail shopping.
U.S. retail sales rose by 1.7% in October, a sign that consumers are willing to spend more heading into the holidays despite rising inflation. The elevated spending levels suggest solid holiday sales this month and next. On top of that, major retailers like Target and Walmart have come out this week and said they're set to be fully stocked for the holiday season, easing any concerns customers might have about supply chain issues leaving empty shelves before the holidays.
Brittain Ladd, retail strategist and consultant, joins None of the Above to discuss.
Tanya Snyder, transportation reporter at Politico, joins None of the Above with J.D. Durkin to discuss the bipartisan infrastructure law, what it means for the electric vehicle industry and whether Democrats will be able to capitalize on the legislative victory ahead of the 2022 midterms.
Twitter announced a partnership with S&P Dow Jones Indices on Thursday to build the S&P 500 Sentiment Index for monitoring the performance of 200 S&P members based on tweets with company $cashtags. Jared Podnos, strategic market development lead at Twitter, and Peter Roffman, global head of innovation and strategy at S&P Dow Jones Indices, joined Cheddar to provide some background on the partnership and to explain exactly how monitoring companies through public opinion will work. "[The S&P] taps into this conversation. They understand the real-time conversation as well as the historical trends, and then we can analyze that and understand the consumer sentiment and really build these innovative products around that conversation," Podnos added.
