In 1984, Benita Fitzgerald Mosley won gold at the 1984 Olympics. Now, the former Olympian is the CEO of Laureus USA and is on a mission to bring sports to under-served kids across the U.S.
Laureus USA works in cities to bring free sports programs to kids. Mosley explains that the programs also include mentoring, college counseling, and other development tools.
Mosley says one of the greatest obstacles preventing kids from getting into sports programs in the cost barrier. She also acknowledges the performance barrier due to the professionalism of kid sports. With college scholarships and other opportunities on the line, elite and expensive training programs are keeping some kids out.
When asked about what it is like to win a gold medal at the Olympics, Mosley compared it to being a 5 year-old on Christmas morning. She said she still cries whenever the national anthem plays for a fellow American athlete.
New York Community Bank has agreed to buy a significant chunk of the failed Signature Bank in a $2.7 billion deal, the Federal Deposit Insurance Corp. said late Sunday.
Swiss authorities pushed for UBS to take over its smaller rival after a plan for Credit Suisse to borrow up to 50 billion francs ($54 billion) failed to reassure investors and the bank’s customers.
Companies continue to announce fresh rounds of layoffs and hiring freezes so far this year. Teresa Lusk, life coach, joined Cheddar News to discuss what you can do to protect your job.
Snoop Dogg partnered with an Indonesian entrepreneur to launch a new coffee brand.
Convenience store chain 7-Eleven launched an EV charging network and a new app.
Michele Schneider, partner and director of trading research & education for MarketGauge.com, joined Cheddar News to discuss the market after stocks closed lower again as banking concerns continue.
Cheddar News breaks down the Stock of the Week: First Republic Bank.
Meta is launching a verified subscription service.
Immi is an Asian-American food brand that makes the world's first low-carb, high-protein and fully plant-based instant ramen. Kevin Lee, co-founder of immi, joined Cheddar News to discuss the company, which is backed by tennis superstar Naomi Osaka, R&B singer Usher and speed skater Apolo Ohno.
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.
