Sara Fischer, media reporter at Axios, joins Cheddar to discuss Comcast's $31 billion offer for European broadcaster Sky. Fischer says this is part of Comcast's push to go global. Sky has about 23 million customers across Europe. Comcast, which owns NBC and Universal Pictures, could thwart Rupert Murdoch's years-long attempt to purchase Sky. Fox previously offered $15 billion for the part of Sky it doesn't already own. Fischer sees this move from Comcast as an attempt to fight Netflix's dominance in the media industry.
Apple plans to open two health clinics for its employees this spring. The company has already posted job openings for the clinics, which it's calling AC Wellness. For now, the health clinics are only for employees and their families, but many wonder if this could be part of a broader push into the health industry. This comes weeks after Amazon announced it was teaming up with JP Morgan Chase and Berkshire Hathaway to create an independent healthcare company for its employees.
Anthony Chan, chief economist at Chase, joins us to talk about the market volatility we've seen in recent weeks. Chan says he isn't worried about a serious market correction just yet. He also tells us he's not concerned about other countries buying U.S. debt. Rumors suggested China would stop buying U.S. Treasury Securities, but Chan notes that hasn't happened yet.
And Instacart is teaming up with Sam's Club to counter the growing threat from Amazon in the grocery space. Customers in three cities, Austin, Dallas-Fort Worth, and St. Louis, will now be able to get Sam's Club groceries through Instacart. The grocery delivery service now has partnerships with eight of the leading grocers in the U.S. Since Sam's Club is part of Walmart, many are now wondering whether Walmart will eventually join forces with Instacart to compete with Amazon. Through its partnership with Whole Foods, Amazon continues to disrupt the grocery industry.
Chris Beauchamp, Chief Market Analyst at IG International, joins J.D. Durkin to give analysis on the recent trade truce between the U.S. and China. Watch!
Shan Aggarwal, VP of Corporate and Business Development at Coinbase, discusses the company's acquisitio of Deribit as it heads into the S&P 500. Watch!
American businesses that rely on Chinese goods are reacting with muted relief after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days. Many companies delayed or canceled orders after President Donald Trump last month put a 145% tariff on items made in China. Importers still face relatively high tariffs, however, as well as uncertainty over what will happen in the coming weeks and months. The temporary truce was announced as retailers and their suppliers are looking to finalize their plans and orders for the holiday shopping season. They’re concerned a mad scramble to get goods onto ships will lead to bottlenecks and increased shipping costs.
Shopping expert Trae Bodge discusses how talks between the U.S. and China is good news for now, but uncertainty remains for back-to-school and the holidays.
Jake Traylor, White House reporter at Politico, joins Cheddar to discuss how Trump is aiming to lower drug prices and how it differs from Biden's approach.
DJ X, alongside Molly Holder, Senior Director of Product Personalization, takes us inside Spotify's A.I. DJ and how it's the best new way to listen to music.
