The L.A. Auto Show is about to kick off and will put the latest car technologies front and center. Cheddar got an early look at Lincoln's brand new 2019 Lincoln Nautilus. Our own Alyssa Julya Smith was with Robert Parker, Director of Sales and Marketing for the Lincoln Motor Company, to chat about some of the innovation behind the new SUV.
Parker says SUVs are one of the hottest segments. He gives us a first-hand look at some of the new features. The car has wireless charging, and says goodbye to the traditional gear stick.
The Lincoln director also fills us in on the technologies that add an extra layer of safety, such as lane centering. The radar-based cruise control will monitor where you are on the highway, and pre-condition the brakes if it senses the driver is getting off-track. The car even has a feature called evasive steering, which pre-conditions steering away from danger if the driver does not take control.
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Scientists are hoping that the simplest element in the universe — hydrogen — can be the solution to slowing down climate change. However, it does not come without cost. The process of making hydrogen could potentially add more CO2.
The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
Canopy Growth reported a wider-than-expected loss in its fourth quarter and fiscal year results. However, the cannabis company plans to expand its portfolio and make new investments to achieve profitability and drive growth. CEO David Klein provides insight into the earnings report and how the company plans to reach profitability. “The premium strategy coupled with our mainstream brands in Canada is the key to achieving profitability here," he said.
U.S. stocks ended near session highs to close Thursday's session after retailers released positive earnings results. Investors also continued to weigh the federal reserve's recent indication that the central will raise rates in an effort to curb inflation. Adam Johnson, Portfolio Manager for Adviser Investments, joins Cheddar News' Closing Bell to discuss.
Elon Musk officially dropped out of the $200 billion club.
The move comes as Tesla's stock continues to plummet as a number of banks and analysts reconsider their lofty valuation of the automaker. Greg Martin, Co-Founder, Rainmaker Securities joined Cheddar's Opening Bell to discuss.
On today's Biz Breakdown: Elon Musk ups his offer to buy Twitter, Pfizer drops vaccine cost for some lower income countries, and Oreo & Ritz team up to create a cracker-cookie Sandwich
