Anjula Acharia is a venture capital investor who focuses and invests primarily in female-founded companies. One such company is Gobble, the meal kit delivery service founded and led by Ooshma Garg. The pair joins Cheddar to explain how female influence in the VC space is positive and necessary.
Acharia explains that one of her callings is to support female innovators. The tech investor has championed founders including Payal Kadakia from Class Pass, Kathryn Minshew from The Muse, Prena Gupta from Hooked, and Karissa Bodnar from Thrive Causemetics.
Garg says that having a VC investor like Acharia in your corner is invaluable. Acharia both provides financial support and business guidance.
When asked how Gobble competes with Blue Apron, Garg explains that the key to her business is putting convenience at the forefront. Gobble meals only take 15 minutes and everything can be prepared in one pan.
A California judge is ordering Tesla CEO Elon Musk to be interviewed under oath regarding statements about the safety and capability of the car maker's autopilot features.
David Wright, president and owner of Wright Financial Group LLC, joined Cheddar News to discuss Thursday's trading as stocks closed higher amid strong tech profits. But Wright says banking stress could sway markets down as the Federal Reserve could weigh more rate increases.
The Gap is laying off 1,800 corporate workers, roughly three time the number of headquarters jobs it cut last fall, as the struggling chain cuts costs in a bid to become more nimble.
Tyson Foods is eliminating about 10 percent of corporate jobs and 15 percent senior leadership positions, according to a memo obtained by Reuters. The cuts are just the latest attempt to trim costs amid falling profits.
