VF Hive editor Jon Kelly, Kristen Scholer and the Hive panel discuss the top five stories of the week in politics, technology and business. Tom Frank and Bess Levin kick off The Hive 5 with the first legislative victory of Donald Trump's presidency. They talk about the tax reform bill that, critics argue, will raise the deficit, harm the middle class, and only benefit corporations.
Maya Kosoff covers the latest troubles for Uber. She and Nick Bilton discuss the recent ruling from the European Court of Justice that Uber is essentially a cab company, as opposed to a digital technology company.
Bess Levin and T.A. Frank weigh in on Bernie Sanders' suggestion that the Republican tax bill will be completely re-written once the Democrats take over Congress in 2018. The panel discusses a possible Sanders run for president in 2020.
Bilton and Kosoff return to report on Facebook, and how 2017 was a reckoning for the company. They talk about whether Mark Zuckerberg can pivot in 2018, or if the company will be broken up.
Levin and Frank round out The Hive 5 with a discussion on the return of Anthony Scaramucci to the news. They bring up his criticisms of Steve Bannon at a recent holiday party, and whether he might be well-suited to star in his own reality show.
Student loan collection company Navient agreed to cancel $1.7 billion in debt and paid more than $140 million in other penalties to settle a lawsuit over abusive lending practices. Josh Shapiro, the attorney general of Pennsylvania who led negotiations in the settlement, joined Cheddar to go over the details of the company's predatory lending. "What Navient would do is charge [borrowers] these exorbitantly high rates, even though they knew people couldn't pay them or they would likely default on them," he explained.
The January 6 committee has subpoenaed four tech giants for more information on what they did and didn't do leading up to last year's deadly Capitol insurrection. Google, Facebook, Twitter, and Reddit were asked to assist the investigation in August, but the committee says their responses have been 'inadequate.' Craig Timberg, a national technology reporter at the Washington Post, joins Cheddar News' Closing Bell for more details about the subpoenas, why this is happening now, and how it might impact social media companies moving forward.
With the Australian Open set to begin on Monday, Novak Djokovic is once again being threatened with deportation from Australia after his visa was briefly reinstated and revoked again over alleged discrepancies. Djokovic’s team will sit for an Immigration hearing on Saturday.
Makena Kelly, politics reporter at The Verge, joins Cheddar News to discuss what's next for net neutrality as Biden's other nominee for the FCC, Gigi Sohn, awaits votes from the committee and Senate.
Jewell Jackson McCabe, chair of the Keep Love Alive Campaign and founder of the National Coalition of 100 Black Women, and Marvin Owens, chief engagement officer of Impact Shares and former senior director of Economic Development at the NAACP, join Cheddar News to reflect on racial issues still prevalent in America.
Hagar Chemali, Host of 'Oh My World' on Youtube and Former Spokesperson for the U.S. mission to the UN, joined Wake Up With Cheddar to share her expert insight into what the future of diplomacy could look like as the Russia-Ukraine crisis deepens.
Markets opened higher on the first trading day of the new year as investors continue to watch inflation and the rapid spread of the omicron variant in the U.S. Frances Newton Stacy, Optimal Capital Dir. of Strategy/Market Analyst joined Cheddar's Opening Bell to discuss.
Markets opened lower this morning as investors rounded out a wild 2021. Jay Hatfield, CEO Infrastructure Capital Advisors, joined Cheddar's Opening Bell to discuss which sectors and industries to watch in the new year.
Markets opened higher as investors react to positive data on the labor front, with weekly jobless claims falling to 198,000 for the week ending December 25. Ross Mayfield, investment strategy analyst at Baird joined Cheddar's Opening Bell to discuss the market open.
