Amazon's Grocery Gamble, All Eyes on Netflix Earnings
Amazon opens its first fully automated grocery store in Seattle on Monday. In this cashier-less model, the consumer picks items and leaves the store without ever having to pull out their wallet. Amazon's technology senses what items were purchased, and then charges the customer's account. Amazon's new grocery store is called Amazon Go.
Netflix gets ready to report Q4 earnings after a very successful 2017. Beyond looking at the company's revenue growth, investors will be watching for subscriber growth, particularly at the international level. Last year, Netflix shares grew by 65%.
And Twitter COO Anthony Noto is reportedly considering a new job. Reports swirled over the weekend that Noto may leave the social media company for SoFi, the personal finance company. Noto is considered one of the most important executives at Twitter.
PepsiCo just unveiled a new nostalgic logo, and it might look familiar to long-time fans of the bubbly beverage. The new logo is a slightly modified version of the one last used in the 1990s.
U.S. highway safety regulators have opened yet another investigation into problems with Teslas, this time tied to complaints that the seat belts may not hold people in a crash.
Kia McCallister-Young, director of America Saves, joined Cheddar News to explain key differences to consider when making a choice between a credit union and a bank. "You want to do your research and know exactly how to gain membership to a credit union," she said, "but, again, banks often are able to be more accessible and be in neighborhoods."
Cheddar News breaks down what to look for on The Day Ahead. The House will hold a hearing on the federal response to the recent banking issues while Starbucks CEO will testify on Capitol Hill about union-busting claims. Disney Parks workers are set to vote on a new contract proposal.
A new indictment charges FTX founder Sam Bankman-Fried with directing $40 million in bribes to one or more Chinese officials to unfreeze assets relating to his cryptocurrency business.
Producing your own food doesn't mean you have to own your own farm, and it might be as simple as raising some backyard chickens. Agri-tech startup Coop aims to make this easier for non-farmers with a so-called "smart" chicken coop. Cheddar News Senior Reporter Michelle Castillo found a flock to learn more.
