According to the media consulting agency SNL Kagan, in 2015 1 million consumers had officially cut the cord. In the third quarter of 2017 alone, there were 1.2 million people who cut the cord, the most in any quarter so far.
It seems the future of media could be wireless and CobbleCord is a company that is helping facilitate that. Virginia Juliano is the CEO and Co-founder of CobbleCord, and she joins Cheddar to explain how CobbleCord is making it easier for consumers to go wireless.
CobbleCord has consumers fill out a survey to assess which channels and bundles are best for them. Then, the company suggests packages that are both considerate of the viewer's interests and wallet.
Kraft Heinz is splitting into two companies a decade after they joined in a massive merger that created one of the biggest food companies on the planet. One of the companies will include brands such as Heinz, Philadelphia cream cheese and Kraft Mac & Cheese. The other will include brands like Oscar Mayer, Kraft Singles and Lunchables. When the company formed in 2015 it wanted to capitalize on its massive scale, but shifting tastes complicated those plans, with households seeking to introduce healthier options at the table. Kraft Heinz's net revenue has fallen every year since 2020.
About 780,000 pressure washers sold at retailers like Home Depot are being recalled across the U.S. and Canada, due to a projectile hazard that has resulted in fractures and other injuries among some consumers.
President Donald Trump has fired one of two Democratic members of the U.S. Surface Transportation Board to break a 2-2 tie ahead of the board considering the largest railroad merger ever proposed.
Ford is recalling more than 355,000 of its pickup trucks across the U.S. because of an instrument panel display failure that’s resulted in critical information, like warning lights and vehicle speed, not showing up on the dashboard.
