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.

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Apple posts stronger-than-expected Q2 results
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
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