Cheddar hosts Kristen Scholer and Tim Stenovec break down the top headlines this Tuesday morning. From Bitcoin to Disney, Cheddar has you covered.
Fans of bitcoin, rejoice. The crypto-currency will soon have futures trading. The Chicago Board Options Exchange announcing on Monday that its planned bitcoin futures product will start trading on December 10th.
Plus, the live sports streaming wars are heating up once again. Facebook will reportedly spend "a few billion dollars" to acquire sports streaming rights.
And it seems like Disney is the frontrunner to buy 21st Century Fox's assets. According to Bloomberg, 21st Century Fox views Disney as a better fit, with fewer regulatory hurdles in the way of a deal. Disney, Comcast, Sony, and Verizon had all expressed interest to buy certain Fox properties.
Much like all the upheaval shaking the world, the huge swings rocking Wall Street may feel far from normal. But, for investing at least, this is normal.
Joe Cecela, Dream Exchange CEO, explains how they are aiming to form the first minority-controlled company to operate an exchange in U.S. history. Watch!
A Michigan judge is putting sponges in the hands of shoplifters and ordering them to wash cars in a Walmart parking lot when spring weather arrives. Genesee County Judge Jeffrey Clothier hopes the unusual form of community service discourages people from stealing from Walmart. The judge also wants to reward shoppers with free car washes. Clothier says he began ordering “Walmart wash” sentences this week for shoplifting at the store in Grand Blanc Township. He believes 75 to 100 people eventually will be ordered to wash cars this spring. Clothier says he will be washing cars alongside them when the time comes.
