Elaine Paul has risen to the top of a predominantly male financial industry as the CFO of Hulu. She sits down with Alyssa Julya Smith in Los Angeles to talk about her impressive career.
Prior to heading up a 100 person team at Hulu, Paul served as Senior Vice President of Corporate Strategy at the Walt Disney Company, where she led various acquisitions, new business initiatives, and strategic investments, including Disney’s original investment in Hulu in 2009.
Paul also discusses the network's dedication to creating female empowering content like "The Handmaid's Tale" and what goes into the financial decisions behind what type of content to invest in as a company. Finally, as a female executive she speaks passionately about creating a good balance in her life, both for herself and other women who are struggling with "doing it all."
On Monday, Peloton CEO John Foley stepped down, 2,800 layoffs were announced, and its stock price skyrocketed. Lydia Moynihan, business reporter for the New York Post joined Cheddar News to talk about why investors are excited about this shift in power, while thousands of its workers were let go in a less than ideal manner. "One of the headlines that emerged was that even as they were being fired, Foley sort of couched it as, 'well, you know what, you're still gonna get a year's login to a Peloton subscription', as if somehow if that would make things better," Moynihan said of the soon-to-be ex-CEO. "So, even in that, it was seen as a very sort of tone-deaf move as people were being axed."
Low-cost airlines Frontier and Spirit have agreed to merge in a deal worth $6.6 billion. The new company name and other terms of the deal have not been disclosed. If approved, the merger would be the fifth-largest airline in the United States. Jonathan Root, senior vice president at Moody's, joins Closing Bell to discuss the impact this deal could have on the broader airline industry, as well as why it makes sense for both discount airlines to combine.
Jet Tila, Food Network star and author of '101 Thai Dishes You Need to Cook Before You Die,' joins Cheddar News to talk about his new cookbook that's helping people cook authentic Thai recipes.
Crypto is increasingly becoming a hotspot for criminals and fraud with cryptocurrency crime reaching a record-breaking high. reports show scammers took $14 billion worth of crypto in 2021 alone. The latest crypto scam is aimed at investors in Binance. Ben Armstrong, the founder of Bitboy Crypto, joins Cheddar News to discuss.
