Snap CEO Evan Spiegel is doubling down on the app redesign after growing backlash. Speaking at a Goldman Sachs internet and tech conference, he said the widespread criticism validates Snapchat's mission.
Shake Shack has big plans for 2018. The company announcing plans to open 32-35 new locations this year. It's the burger chain's biggest expansion yet. Shake Shack says its revenue jumped 31% last quarter tprice hike at restaurants nationwide.o $96 million.. But it expects sales to be flat this year because of a small.
Miso Robotics, the firm behind automated burger-flipper, "Flippy," closing a $10 millions Series B funding round. They'll use the cash to perfect Flippy's mechanics and distribution potential.
Catching you up on the stories you need to know this morning, the U.S. could soon get its first major gun safety law in years, the House Select Committee investigating the January 6th attack on the U.S. capitol holds its second hearing, and today might just be the day the Supreme Court overturns Roe v. Wade, and decides on new gun laws.
U.S. stocks closed Thursday at their lowest levels of the trading day, as investors continue to eye inflation ahead of the May CPI report out Friday. Art Hogan, Chief Market Strategist for National Holdings, joins Cheddar News' Closing Bell to discuss.
The PGA has suspended 17 golfers, including Phil Mickelson and Dustin Johnson, who are competing in a Saudi-backed golf event outside of London. In a memo, commissioner Jay Monahan said "these players have made their choice for their own financial-based reasons", announcing they are ineligible to participate on the PGA tour or any other tours it sanctions. Hugh Kellenberger, Senior Managing Editor at the Athletic, breaks down the controversy, and what might happen next.
