Newly-Public Aquantia Is Now Coming For Self-Driving Cars

Faraj Aalaei, CEO of semiconductor company Aquantia, spoke to Cheddar about the company's recent IPO. The company started trading on the New York Stock Exchange Friday morning. Faraj expressed that the company's interested in autonomous vehicles and discussed the possibilities that new technology can bring for the company's bottom line. The executive explained that the losses the company reported for 2016, and through the first part of this year, came from increased investments, which he believes will soon see returns.

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$1.58 Billion Mega Millions Ticket Sold in Florida

A winner in Tuesday's drawing in the Mega Millions claimed the jackpot of $1.58 billion.

Moody's Downgrades 10 U.S. Banks, Puts 6 on Watch

Moody's has cut the credit ratings of 10 small- and mid-sized U.S. banks and put six big banks on negative review.

USPS Says It Reduced Volume of Air Shipments

The U.S. Post Office said it will slash air shipments by 90% in a bid to save costs.

'End Call' Button Gets Moved in Apple Software Update

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WeWork Warns Investors About Its Ability to Stay Open

WeWork Warns Investors About Its Ability to Stay Open

On The Scene: How Neir's Tavern Was Saved Three Times

Loy Gordon, owner of Neir's Tavern, joined Cheddar News to discuss how he saved the establishment three times and why he did so. Gordon also showed Cheddar News some specialty drinks that patrons can enjoy.

On The Scene: Neir's Tavern

To celebrate Black-Owned Business Month, Cheddar News visited Neir's Tavern in Queens, one of the city's oldest taverns where the Martin Scorsese film "Goodfellas" was filmed. Loy Gordon, the bar's owner, discussed the history behind the establishment.

Stocks Waver as Investors Digest Bank Downgrades

Stocks wavered in its opening session Wednesday as investors continued to digest Moody's downgrade of several banks.

WeWork Warns There's 'Substantial Doubt' About its Ability to Stay in Business

WeWork is warning there’s “substantial doubt” about its ability to stay in business over the next year because of its financial losses and its need for cash, among other factors.

ESPN Strikes $1.5B Deal to Jump into Sports Betting with Penn Entertainment

You know ESPN the sports media giant. Now brace yourself for ESPN Bet, a rebranding of an existing sports-betting app owned by Penn Entertainment, which is paying $1.5 billion plus other considerations for exclusive rights to the ESPN name.

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