The FCC Chairman is being investigated for potential collusion. Last year, Ajit Pai changed the law which dictates how many stations a TV broadcaster can own. This paved the way for Sinclair Broadcasting's purchase of Tribune Media for $3.9 billion. Now, investigators are looking into whether Pai improperly colluded with Sinclair to change these rules.
Snap CEO Evan Spiegel is defending the controversial app redesign after growing backlash. At a conference, Spiegel said the widespread criticism validates Snapchat's mission. The update rolled out globally a few days ago and has faced sharp backlash from teens and even celebrity influencers like Chrissy Teigen. The new Snapchat separates friends and family from celebrities and media. A petition to revert back to the old version has already picked up 1 million signatures.
The much-anticipated Marvel film "Black Panther" hits theaters Friday. Sean O'Connell, managing editor of CinemaBlend, says the film could rake in up to $170 million on opening weekend. On Thursday evening alone, the movie generated $25 million. O'Connell also talks about the significance of this film for people of color in Hollywood. The cast of the film is almost entirely made up of black actors. O'Connell says this is just the beginning of the movie industry becoming more diverse.
Skip Kodak, SVP of LEGO Americas Group, joins Cheddar to discuss the 60th anniversary of the company. To celebrate the occasion, a 10-foot-tall LEGO structure is on display in New York City. Kodak talks about the challenges the company is facing to stay competitive in a tech-centric world. He also weighs in on LEGO's efforts to break into the Chinese market.
A steep budget deficit caused by plummeting tax revenues and escalating school voucher costs will be in focus Monday as Democratic Gov. Katie Hobbs and the Republican-controlled Arizona Legislature return for a new session at the state Capitol.
The first U.S. lunar lander in more than 50 years is on its way to the moon. The private lander from Astrobotic Technology blasted off Monday from Cape Canaveral, Florida, catching a ride on United Launch Alliance's brand new rocket Vulcan.
Global prices for food commodities like grain and vegetable oil fell last year from record highs in 2022, when Russia’s war in Ukraine, drought and other factors helped worsen hunger worldwide, the U.N. Food and Agriculture Organization said Friday.
Wall Street is drifting higher after reports showed the job market remains solid, but key parts of the economy still don’t look like they’re overheating.
The Biden administration is docking more than $2 million in payments to student loan servicers that failed to send billing statements on time after the end of a pandemic payment freeze.
The nation’s employers added a robust 216,000 jobs last month, the latest sign that the American job market remains resilient even in the face of sharply higher interest rates.
A U.S. labor agency has accused SpaceX of unlawfully firing employees who penned an open letter critical of CEO Elon Musk and creating an impression that worker activities were under surveillance by the rocket ship company.
