Amazon Tackles Healthcare, Apple Slashes iPhone X Production
Amazon is joining forces with Berkshire Hathaway and JPMorgan Chase to bring their employees better and cheaper healthcare. The three companies will create an independent company solely focused on improving technology to make the healthcare system more efficient. Details are scarce as plans are still in the early stages.
And Apple is reportedly slashing production of its iPhone X due to waning demand. The company was originally planning to produce 40 million iPhone Xs but now will only produce 20 million, according to the Wall Street Journal. This comes just days before Apple is set to report its quarterly earnings.
Will Sealy, co-founder and CEO of digital student loan consulting firm Summer, joined Cheddar News to discuss the process to obtain the best financial aid package ahead of a new school year.
Brian Jacobsen, senior investment strategist with Allspring Global Investments, joined Cheddar News to discuss Tuesday's trading session as investors await key inflation data that could prompt further action from the Federal Reserve.
Accessible travel startup Wheel the World recently raised $6 million in a pre-Series A funding round. Alvaro Silberstein, CEO and co-founder of Wheel the World, joined Cheddar News to explain his company's mission to help people with disabilities and their families have access to travel.
Last year, the minivan only made up 1.8% of auto sales but more and more people are interested in purchasing the comfortable, multi-seater. Cheddar News looks back at the evolution and history of the minivan.
