Facebook announced its quarterly earnings, beating Wall Street's expectations. The company reported that users are spending about 50 million fewer hours on the platform. CEO Mark Zuckerberg said this figure aligns with the company's efforts to cut back on featuring viral videos prominently.
Americans are planning to shower their pets with lots of love this Valentine's Day...over $750 million worth of love. That's how much the National Retail Foundation estimates pet owners will spend on their four-legged friends this upcoming holiday. The group attributes the spike to millennials making up the largest pet-owning group and doting on their animals.
Travis Stork of TV's "The Doctors" stops by to reveal how to eat healthier without breaking the bank. He details the benefits of gut health and which foods are the best at getting probiotics into your system. He also gives his take on President Donald Trump's health based on what we know about his dietary habits.
It's the start of healthy heart month and Family Circle has tips on how to use tech to promote cardiovascular wellness. Health Director Lynya Floyd reveals the best meal-kit services, wearable devices, apps, and genetic testing services for preventing heart disease. She also explains how staying active on social media can help.
The PGA Tour has announced that it will suspend players that are competing in the LIV Golf event that teed off today. At least 17 players, including names like Phil Mickelson, Dustin Johnson, and Sergio Garcia are banned from the PGA Tour competition. Hilary Fordwich, a business analyst and golf expert, joined Cheddar News to discuss why the PGA had to go this route. This is a threat to the future of golf for them, and there's been many contentions about them not being fair and that this is vindictive," she said. "Don't forget, of course, they represent sort of a monopoly in the history of golf. So you've got two sides to this story. You've got those the purists, those that feel that golf should only be a certain way and that there are only these limited events that the PGA puts on. And then you've got other people who are saying … this is all about money"
Facebook parent Meta officially has changed it’s ticker symbol from ‘FB’ to ‘META’. Paul Meeks, a portfolio manager, Independent Solutions Wealth Management, and a professor of practice in the Baker School of Business at The Citadel, joined Cheddar News to discuss why the tech giant has had to make big changes to its name, its ticker, and its business plans. "When you see what's happening in digital advertising — and there was a slowdown there even before the threat of a recession, which could cause a even more drastic slowdown next year — they had to pivot," he said. Meeks noted he sees Facebook dominating in the metaverse space going forward — whatever that may end up being.
Sports merchandising company Fanatics announced it will be making trading cards featuring college athletes, a deal made possible by the NCAA's change to NIL rules for its players. Anchors Kristen Scholer and Ken Buffa break down the deal for Cheddar.
Catching you up on today’s top business headlines with household wealth falling in Q1 for the first time in two years, Meta officially changing its ticker symbol from ‘FB’ to ‘META’, and updates on Tesla.
The European Union has approved a 40 percent quota for women to sit on company boards. This comes as only 9 of the 27 EU member states have gender equality legislation.
Amanda Victoria, co-founder and CEO of Siponey, joins Cheddar News to talk about the company's canned cocktails. The spritz is made with only four ingredients — wildflower honey, aged rye whiskey, sparkling water, and fresh lemon juice.
