Kroger & Walmart Tighten Gun Restrictions, NBC is Cutting Commercial Time
Kroger and Walmart are raising the minimum age for those buying guns to 21, following in the footsteps of Dick's Sporting Goods. Up until now, Kroger sold guns at 43 of its Fred Meyer locations in Alaska, Idaho, Oregon, and Washington. Both companies released statements saying the tightening of gun restrictions is in reaction to the Parkland school shooting that left 17 dead. Kroger and Walmart both stopped selling assault-style weapons a few years ago.
NBC Universal will cut the number of ads it airs in primetime by 20%. The media giant owns networks such as NBC, Telemundo, USA, MSNBC, E!, and others. Linda Yaccarino, chairman of advertising and client partnerships, says this is a necessary move to retain customers who are increasingly turning towards streaming platforms without commercials. The changes will go into effect by the fourth quarter.
Wealthfront’s CFO Alan Iberman talks the $2.05B IPO and the major moment for robo banking as the company bets on AI, automation, and “self-driving money."
U.S. sports betting is booming as NFL and college football fuel massive activity. BetMGM CEO Adam Greenblatt breaks down trends, growth, and what’s next.
With a merger this big, creators, studios, and theaters all face uncertain futures. Here’s what experts are worried about and what good could come from it.
With disengagement rising and hybrid work shifting, 'Everybody Matters' author Bob Chapman explains why treating people well could define the future of work.
We sat down with Ali Furman, U.S. Consumer Markets Industry Leader at consulting firm PwC to ask what trends she garnered from the initial data this year.