City Gala Encourages Entrepreneurs to Give Back Through Humanitarian Efforts
City Summit & Gala is a socially conscious business acceleration experience featuring an all-star line-up of speakers and entrepreneurs. Partner and Fiscal Sponsor, Dale Godboldo, sits down with Alyssa Julya Smith to talk about why the event is important and what the organization is bringing to the new two-day City Summit that is happening on the same weekend as the City Gala charitable fundraiser.
City Gala, Founder, Ryan Long, just announced that this year's event would be hosted by globally renowned actor, investor, and philanthropist, Ashton Kutcher, and held at Universal Studios on Academy Awards night. Godboldo describes the Summit, which takes place before the City Gala, which brings together leaders in business and Hollywood to help entrepreneurs enhance their businesses and make a meaningful impact in their communities.
The City Gala raises money to help a selected number of non-profits that are giving back to the community. Godboldo talks about founder Ryan Long's dedication to the vision of the City Gala to advance community through humanitarian activities, which has been Long's passion since he started the initiative three years ago.
Paramount Global is set to absorb Showtime into Paramount+, creating a single streaming option to compete with the likes of Netflix and Warner Bros. Discovery’s Max. The company also plans to raise the monthly price from $9.99 to $11.99 per month after the integration.
Debt ceiling talks are underway in Washington, DC ahead of a default deadline. Michael Rosen, chief investment officer with Angeles Investments, joined Cheddar News to explain how a potential default could affect investment portfolios, among other items, for Americans.
Australia's government announced regulations for buy now, pay later services, which will be labeled as consumer credit products, which puts them under the country's Securities and Investments Commission's watch.
Walmart is reportedly teaming up with pet telehealth provider Pawp, giving subscribers unlimited access to vet services via video and text, starting on Tuesday.
Cheddar News checks in to see what's on The Day Ahead, which will include earnings from Lowe's, Dick's Sporting Goods, BJ's and AutoZone along with new home sales data. In addition, Microsoft's Build 2023 Developer Conference is slated to kick off for software engineers and web developers.
Venmo will soon have accounts for teenagers ages 13-17 but they will have to follow a set of rules, with parents or guardians opening accounts on their behalf under their own accounts.
Rory Harvey, General Motors' incoming North American president, joined Cheddar News to discuss GM's foray into the rapidly-changing electric vehicle market along with what lies ahead. "It's a very dynamic time in the automotive industry," he said. "If you look to the transformation across the EVs, it's happening and it's happening at a pace."