A number of businesses are cutting ties with the National Rifle Association in the days following the Parkland school shooting. The First National Bank of Omaha announced that it will no longer offer an NRA-branded Visa card to customers. After customer feedback, the bank decided to cut ties. In another blow to the NRA, Enterprises Holdings, the parent company of Enterprise, Alamo, and National car rental brands, said it will no longer work with the organization. That change is expected to take place at the end of next month.
Cheddar speaks with David Hogg, a student at Marjory Stoneman Douglas High School, about the tragic shooting in Parkland and the #NeverAgain movement. Hogg says he is disappointed with President Trump's reaction to the shooting and does not believe in arming teachers. Hogg believes in the second amendment but says it needs to be limited. In the aftermath of the shooting, a number of conspiracy theorists called students, including Hogg, "crisis actors." Since he was attacked online, Hogg says his Twitter following has quadrupled and it's only helped him push the #NeverAgain movement forward.
In other news, General Mills is buying natural pet food maker Blue Buffalo for $8 billion in cash. Shares of Blue Buffalo surged more than 15% on the news. This marks the first time General Mills has broken into the pet food industry. The deal is expected to be finalized at the end of this year.
And Chris Tung, Chief Marketing Officer at Alibaba, discusses the company's first official partnership with the International Olympic Committee. This year, Alibaba is the exclusive worldwide partner of the Olympic Games for cloud computing and e-commerce. Tung says it's been a "fantastic" first experience for Alibaba at the Olympics. The Chinese tech giant has been able to showcase its cloud computing power at the games.
Stocks were up after the closing bell as Wall Street continued to pin their hopes on rate cuts after last week's comments from the Fed.
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Google has agreed to pay $700 million and make several other concessions to settle allegations that it had been stifling competition against its Android app store — the same issue that went to trial in another case that could result in even bigger changes.
Nicki Minaj just reached a milestone that no other woman in rap has reached.
Apple announced that starting this week, it will stop selling some versions of the Apple watch in the U.S.
Southwest Airlines will pay a $35 million fine as part of a $140 million settlement to resolve a federal investigation into a debacle in December 2022 when the airline canceled thousands of flights and stranded more than 2 million travelers over the holidays.
The House of Representatives recently passed a bill aimed at increasing transparency in healthcare.
If you have a flexible spending account, here's some short information for you so you don't leave money on the table.
With high healthcare costs, bills can quickly add up. In some cases, it is possible to negotiate your medical bills. Barak Richman, law professor at George Washington University, joined Cheddar News to discuss the easiest way to talk to medical debt companies about what's owed.
Millions of people have selected insurance plans for 2024 but sometimes navigating them can be tricky time consuming and expensive. Paula Pant, host of 'Afford Anything' podcast, joined Cheddar News to break down what's needed to know about their insurance plans.
