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.
Instagram CEO Adam Mosseri faced a bipartisan Congressional grilling this week as the Senate inquired about safety practices for protecting the mental wellbeing of young people on the platform. Sen. Marsha Blackburn (R-Tenn.) joined Cheddar to talk about the hearing and how she was disappointed in Instagram coming unprepared with relevant information or documents. Blackburn also offered concern that the platform could continue with building a kids-only version despite having drawn significant opposition from the public.
The Great Resignation has shown some signs of slowing in October with the number of those who quit their jobs falling by 4.7 percent to 4.16 million. This comes as worker strikes and calls for unionization ramp up. Jane Oates, president at WorkingNation joined Cheddar's "Opening Bell" to discuss the implications.
U.S. markets opened lower despite positive jobs data, which saw weekly claims drop to a 52-year low. Kevin Nicholson, Co-CIO Global Fixed Income, RiverFront Investment Group joined Cheddar's Opening Bell to discuss the labor market, inflation, and the impact of the Omicron variant on global markets.
A packed Thursday pod: Carlo and Baker cover the latest developments in the Ghislaine Maxwell, Jussie Smollett and Elizabeth Holmes trials. Plus, Dems are losing the Hispanic vote, Boris Johnson in trouble again, and is it possible that Adele has peaked?
Jim Bruderman, Vice Chairman at 1879 Advisors, joins Cheddar News' Closing Bell, where he says investors experienced a 'panic attack' last week with the spread of the Omicron variant and the Fed's tapering plans. As a result, he says we're now seeing stocks climb due to a growing comfort level toward both developments.
Adam Mosseri, head of Instagram, faced withering questions on Capitol Hill about the reports the social media app was aware of the severe mental health impacts it was having on teenage girls. Karen Kornbluh, the director of digital innovation and democracy for the German Marshall Fund, joined Cheddar to discuss the rare show of bipartisan outrage on display at the Senate hearing. "The senators came really loaded for bear on both sides of the aisle," she said. Kornbluh explained how senators like Richard Blumenthal (D-Conn.) set up fake Instagram accounts with teen girl profiles in order to research the effects firsthand.
The Biden administration will not send an official U.S. delegation to the 2022 Winter Olympics in Beijing as a statement against China's "ongoing genocide and crimes against humanity in Xinjiang." Weifeng Zhong, senior research fellow at George Mason University's Mercatus Center, joins Cheddar News to discuss the boycott.
