Amazon is joining forces with Berkshire Hathaway and JPMorgan Chase to bring their employees better and cheaper healthcare. The three companies will start an independent company focused on technology that will make the healthcare system more efficient. Details are scarce as plans are still in the early stages.
EasyJet CEO Johan Lungren is cutting his salary to match that of his female predecessor. His initial pay was reportedly over $1 million but he's subtracting $50,000 to make things equal. The UK airline chief says he wants to show his personal commitment to the cause. On average, the company has a 52% difference between male and female salaries.
Actor Jeff Hiller is stepping into the critically-acclaimed off-Broadway solo show "Bright Colors and Bold Patterns." He joins Cheddar to discuss how he'll put his own personal spin on the production. This comes as creator Drew Droege is taking the production on tour.
Plus, Chat Sports CEO and Founder James Yoder gives his take on the Cleveland Indians' decision to do away with their controversial logo. The Chief Wahoo logo will no longer be on team uniforms or signage starting 2019. Yoder also breaks down the big storylines heading into the Super Bowl.
Oracle soars as it cashes in on the AI boom, Plus: Starbucks shares continue to fall under its new CEO, and does anybody actually want a new iPhone Air?
Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..
Oracle co-founder Larry Ellison wrested the title of the world’s richest man from longtime holder Elon Musk early Wednesday as stock in his software giant rocketed more than a third in a stunning few minutes of trading. That is according to wealth tracker Bloomberg. A college dropout, the 81-year-old Ellison is now worth $393 billion, Bloomberg says, several billion more than Musk, who had been the world’s richest for four years. The switch in the ranking came after a blockbuster earnings report from Oracle. Forbes still has Musk as the richest, however, valuing his private businesses much higher.
