Apple is issuing an apology to customers and offering a $50 discount on battery replacements for a year. The statement comes as the company faces a firestorm -- including several lawsuits -- after admitting it slowed down the performance of older iPhones as their batteries deteriorated. The discounted $29 batteries will be available to customers with an iPhone 6 or higher through December, 2018.
Netflix's latest original film may not be getting great reviews, but it appears people are still watching it. Some 11 million people viewed the Will-Smith-helmed "Bright" in the first three days since its release, according to Nielsen. That compares to the 3 million who watched the crown...and the nearly 16 million who tuned in for the second season of stranger things.
.The 90 million dollar movie, directed by the man behind the similarly panned "Suicide Squad," has brought in scathing reviews...but Netflix has already ordered a sequel.
Pilots at American Airlines have voted to authorize a strike, and Southwest Airlines pilots are preparing to join them, as unions put more pressure on the airlines to approve new contracts with hefty pay raises.
Cheddar News takes a look at The Day Ahead as the Federal Reserve's two-day meeting kicks off on Tuesday while earnings season continues with some big-name companies such as Ford, Pfizer, Starbucks and Uber on tap to report quarterly results. The JOLTS report is also due to be released ahead of April job numbers.
Dan Geltrude, managing partner of Geltrude & Co., joined Cheddar News to discuss why it's vital for a college student to begin budget preparations early for college tuition. "It's developing good financial habits," he said. "I'm a strong proponent that in high school, there should be some teaching, some course ... about personal finance."
Brian Vendig, president of MJP Wealth Advisors, joined Cheddar News to discuss the market ahead of the Federal Reserve's meeting on Wednesday and as investors digest JPMorgan's takeover of First Republic Bank, which was recently seized by regulators. A slew of earnings are also slated to be released this week as well.
