Dell Considers IPO, Billionaire Investor Bets on Nike
U.S. computer giant Dell is reportedly considering a major shake-up, which could include an acquisition or an IPO. The board, under pressure to increase growth, will meet this month to explore its options. Talks for a potential IPO are still in the early stages.
Bill Ackman's Pershing Square Capital is betting big on Nike. The activist investor recently revealed that he took a passive stake in the sneaker company in October. Ackman reportedly isn't interested in changing the path Nike is on, but rather believes in the current strategy for the company.
Plastic-Free July is being observed to highlight the use of plastic and its effects. Cheddar News' Michelle Castillo gave up using single-use plastic for the day and spoke with Kathyrn Kellogg, founder of Going Zero Waste, to get her take.
