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.
The Supreme Court will be hearing arguments in Dobbs v. Jackson Women's Health on Wednesday over a Mississippi law banning abortions after 15 weeks. Jimmy Hoover, the Supreme Court editor-at-large for Law360, joined Cheddar to break down the momentous legal fight. "This is the biggest abortion case at the Supreme Court in 30 years," he said. "It is a … a direct challenge to Roe v. Wade."
Matt Peron, Director of Research at Janus Henderson Investors, joins Cheddar News' Closing Bell, where he breaks down the factors leading to today's market slide and says there's more to it than Fed Chair Jerome Powell's comments about speeding up tapering efforts.
Walmart CEO Dough McMillon praised the Biden administration's efforts to ease supply chain constraints after the company saw a 26 percent jump in shipments over the last month. President Joe Biden had announced back in October that California ports would operate on a 24/7 basis.
Jill and Carlo cover the latest developments with the Omicron variant that are spooking markets once again. Twitter's @Jack is leaving, SCOTUS takes up abortion rights and the world has a brand new republic.
The Biden Administration is set to buy 10 million courses of Pfizer's Covid pill if it gains emergency use authorization from the FDA. With this purchase, the U.S. will receive more than 13 million courses of antiviral pills aimed at treating Covid and reducing severe illness and death. Pfizer's pill has been shown to reduce risk of hospitalization and death by 89 percent, proving it could be a key tool in the fight against the pandemic. Dr. Soumi Eachempati, Co-Founder, CEO & CMO of Cleared4, joined Cheddar News to discuss.
The Build Back Better Act has been at the center of endless negotiations and debate, ultimately landing as a nearly $1.8 trillion plan. One of the highlights is $170 billion dollars for affordable housing, making history as the largest investment in the sector to date. Eliza Collins, politics reporter for The Wall Street Journal, joins Cheddar News to break down the bill.
The Biden Administration is releasing 50 million barrels of oil from the U.S. oil reserves in hopes of easing soaring gas prices. Vijay Vaitheeswaran, Global Energy and Climate Innovation Editor at the Economist, joined Cheddar to discuss.
