New applications along with refinancing for mortgages dropped from a year ago as rates continued to climb.
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Zoom CFO on Post-Pandemic Offerings Without Price Increases
Video conferencing service Zoom rolled out a flurry of announcements that included a new Zoom Phone, Zoom Events, and Zoom Contact Center in an effort to transition the company from a pandemic darling to a post-pandemic business — while keeping the product accessible. Kelly Steckelberg, CFO of Zoom, joined Cheddar News to talk about the transition while still remaining affordable. "We currently have no plans to raise our prices," she said. "We focus on bringing as much value as possible to our customers. We often add new features and functionality without any incremental prices across the board."

Comcast on Internet Usage Growing More Than Ever in 2021, Future of 10G
Even as pandemic restrictions slowly began winding down through 2021, cable and internet provider Comcast's 2021 Network Report showed that average internet consumption increased. Activities like content streaming and online gaming grew between 10 and 20 percent, according to the study. Elad Nafshi, chief network officer for Comcast, joined Cheddar News to share what he thinks will happen with our new online habits in a post-pandemic world. "Beyond, the traditional game downloads, streaming gaming, which falling into the purposes is just like streaming 4K video for us, is starting to pick up and, and certainly we'll watch that consumer behavior continue," he said. Nafshi also discussed the company's investments in 10G technology, its future generation of network speed.

AMC Looking to Add Meme Coins to Its Payment Options
AMC has announced that it will be accepting Dogecoin and Shiba Inu, two meme cryptocurrencies, as online payment options, The theater chain will begin taking the memecoins in "a couple of weeks."

Cheddar Afternoon Google News Briefings of March 3rd
Cheddar Afternoon Google News Briefings

Afternoon Alexa Flash Briefings of March 3rd
Alexa Flash Briefings

Purdue Pharma, U.S. States Agree to New Opioid Settlement
OxyContin maker Purdue Pharma and virtually all U.S. states have agreed to a new settlement of opioid lawsuits.

Cheddar Quick Hit GSTV of March 4th
Cheddar Quick Hit GSTV

Fewer Americans Apply for Jobless Benefits Last Week
Fewer Americans applied for unemployment benefits last week reflecting a low level of layoffs across the economy

Stocks End Another Bumpy Day Lower and Crude Oil Prices Ease
Stocks ended another bumpy day lower on Wall Street and crude oil prices eased back as markets remain concerned about the broader impact of Russia’s invasion of Ukraine.



