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.

Share:
More In Business
Macy's Rejects $5.8B Takeover Bid From Investors
Macy’s is rejecting a $5.8 billion takeover offer from investment firms Arkhouse Management and Brigade Capital Management, saying they didn’t provide a viable financing plan. The firms offered $21 per share for the stock they don’t already own.
Tech Stocks Still on the Rise
Pete Najarian, co-owner of Market Rebellion, shares what sectors he's watching as the S&P 500 and Dow notch historic highs.
Ford Cuts Production of F-150 Lightning Electric Truck
Ford says it’s reducing production of the F-150 Lightning electric pickup vehicle as it adjusts to weaker-than-expected electric vehicle sales growth. The automaker said about 1,400 workers will be impacted by the move.
Load More