Apple is reportedly in talks with miners to get thousands of tons of cobalt, a key ingredient in iPhone batteries. The tech giant is considering buying a five-year supply of the metal to sustain production of its devices. Cobalt is also used to make electric vehicles, so Apple may be acting on fears of a shortage in the coming years.
Amazon quietly launches a line of over-the-counter health products. The e-commerce giant reportedly brought in a private label manufacturer to make drugs similar to Mucinex and Advil. Analysts say this could be good for consumers as it may encourage pharmacies to lower prices.
President Trump asks the Justice Department to make bump stocks illegal following the Parkland shooting. Newsweek's Gersh Kuntzman says bump stocks are the "lowest of the low-hanging fruit" in the push for gun reform. Kuntzman says regulating these devices doesn't even qualify as gun control since there are already laws on the books restricting machine guns. Bump stocks, which convert guns into automatic weapons, weren't used in the Parkland shooting, but they were used in the Las Vegas shooting last year.
Actress Lori Loughlin talks about playing Aunt Becky on "Full House" and "Fuller House," and her Hallmark show "When Calls the Heart." Loughlin plays Abigal Stanton in the Hallmark period drama. She says she fought to make her character the town mayor in the show to highlight strong female leads. Loughlin also discusses how pleased she's been with fan reaction to "Fuller House." Netflix recently announced the show would return for a fourth season.
Aya Kantorovich, Co-CEO of August Digital, breaks down Bitcoin’s surge, crypto ETFs, institutional investment trends, and the future of safer crypto access.
Most members of the Federal Reserve’s interest-rate setting committee supported further reductions to its key interest rate this year, minutes from last month’s meeting showed.
Sinead O’Sullivan breaks down Taylor Swift’s genius marketing for The Life of a Showgirl, which just set the record for most albums sold in a single week.
Markets are emerging from a turbulent Q3. Horizon’s Mike Dickson shares insights on interest rates, small caps, and where investors should look in Q4 and beyond
Bambu Ventures's Kyle Pretsch dives into Lemonaid’s $10M buyout, down from 23andMe’s $400M price tag, and what’s next after Chrome Co.’s dramatic pivot.
Former Cisco Systems CEO John Chambers learned all about technology’s volatile highs and lows as a veteran of the internet’s early boom days during the late 1990s and the ensuing meltdown that followed the mania. And now he is seeing potential signs of the cycle repeating with another transformative technology in artificial intelligence. Chambers is trying take some of the lessons he learned while riding a wave that turned Cisco into the world's most valuable company in 2000 before a crash hammered its stock price and apply them as an investor in AI startups. He recently discussed AI's promise and perils during an interview with The Associated Press.
Grove Collaborative’s CEO shares how the company is reinventing everyday goods with sustainability at the core and working toward a plastic-free future.