Disney reported a mixed performance in its latest quarterly results.
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Tech Firms Like Alphabet, Meta Commit $925M to Carbon Removal Initiative Frontier
Removing carbon from our atmosphere has become a goal for scientists and entrepreneurs around the world, and while many have begun to develop promising technology solutions, a few big names in tech, including Stripe, Alphabet, Shopify, Meta and McKinsey, are committing nearly $1 billion dollars to fund carbon removal technology through 2030 through a new initiative called Frontier, an advanced market commitment to incentive following through on development. Hannah Bebbington, the head of strategy for Frontier, joined Cheddar News to discuss. "What Frontier aims to do is help get this market on track by sending that strong demand signal such that we can scale up capacity really significantly in the next couple of years," she said.
The Week's Top Stories: Netflix Falls, Tesla Surges & More Rate Hikes to Come
The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
Bill Gates' Breakthrough Energy Sees Promise in Tough Climate Tech Sectors
Jonah Goldman, the managing director at Bill Gates-founded Breakthrough Energy, joined Cheddar News to talk about the promising growth in the climate change-conscious investments the organization has made over the years. ”I mean when we're looking at some of the hard to abate technologies and cement and steel and aviation fuel, all of those have promising pathways that weren't there again just a few years ago," he said. "We invest across all of the technology areas that are driving emissions, greenhouse gas emissions and there really are exciting products and technologies coming out in almost every one of those sectors.”
Teenage Climate Activist on How He is Enacting Change
Climate activist Shiva Rajbhandari joins Cheddar News to discuss his activism efforts and how he is aiming to help the planet.
Pinterest Unveils New Climate Misinformation Policy
Sarah Bromma, Head of Policy at Pinterest, joins Cheddar News to discuss the platform's new climate misinformation policy.
Head of Warriors' New Golden State Entertainment on Combining Sports, Music, Film
The Golden State Warriors a new affiliate company called Golden State Entertainment to create sports-related original content, documentaries, and musical collaborations. David Kelly, chief business officer, joined Cheddar News to discuss “We think it's a great time to step off into this area. I think the better question maybe is why this hasn’t been formed previously?” he said. "There's a lot of synergies between sports, music, and film, and so we think that the timing is right to bring those worlds together into this venture." He noted that projects aren't limited to Warriors-only content, pointing to the documentary "38 at the Garden," about former New York Knicks player Jeremy Lin.
Pact Provides Sustainable Fashion at Affordable Prices
Brendan Synnott, CEO and co-founder of Pact, joins Cheddar News to discuss how his clothing company is helping the environment in style.
Union Organizers Take Aim at Amazon's Rapid Pace of Work
As the newly formed Amazon Labor Union gets ready to come to terms with the e-commerce giant, the issue of workplace safety and pace-of-work issues remains contentious and complex. Cheddar's Alex Vuocolo reports.
Need2Know: Russia Missile Test, COVID Fraud & Florida Strikes at Disney
Catching you up on what you need to know on April 22, 2022, with updates on a new Ukraine aid package, a new missile test by Russia, DOJ announcement of $150 Million in COVID-related fraud, the Florida senate supports Gov. DeSantis in stripping Disney of its special tax district, and more.
