Amazon is in talks with some big Wall Street banks to launch a checking account geared towards its younger customers. The e-commerce giant is in the early stages of talks with banks like JPMorgan, according to a Wall Street Journal report. Amazon is not trying to become a bank but rather wants to offer Amazon-branded checking accounts. This would be the second partnership Amazon has with JPMorgan. Earlier this year, the company announced it was teaming up with JPMorgan and Berkshire Hathway to create an independent healthcare company.
Apple will reportedly unveil a cheaper MacBook Air and noise-canceling headphones later this year. Longtime Apple analysts are predicting the cheaper MacBook Air could comes as soon as the second quarter of this year. The current version of Apple's MacBook Air costs $999. The newer version will reportedly be a 13-inch model. And according to Bloomberg, Apple is planning to release noise-canceling headphones, similar to ones made by Bose and Beats by Dre. Those are expected out at the end of this year.
Ashley Jenkins, host of Rooster Teeth's "The Know," joins us to talk about the alleged meeting between President Trump and video game makers. So far, no gaming companies have received invitations for the meeting which is supposed to take place this week. The goal of the meeting is to address violence in video games and what effect it could potentially have on people. Jenkins notes there are no studies showing any link between video game consumption and behavior. She also touches on Twitch's new user guidelines which will strictly enforce anti-hate speech and harassment rules. Jenkins says the new rules will allow Twitch to ban users with more uniformity.
Plus, we're recapping the 90th annual Academy Awards with Bonnie Fuller, editor-in-chief at Hollywood Life. The biggest prize of the night, Best Picture, went to Guillermo del Toro's "The Shape of Water." Fuller was excited to see Frances McDormand win Best Actress for her role in “Three Billboards Outside Ebbing, Missouri." She also weighs in on McDormand's speech, calling for actors to make use of inclusion riders in their contracts. The show also gave some airtime to the #MeToo and Time's Up movements, with actresses like Ashley Judd and Mira Sorvino taking the stage to call for action.
On this episode of On The Job presented by ADP: Gemma Burgess, CEO of Ferguson Partners, explains what people are looking for in an employer, and how to convey positive work culture to potential employees; Amy Leschke-Kahle, Vice President of Performance Acceleration at The Marcus Buckingham Company, an ADP company, breaks down how encouraging employee engagement and empowering employee voices can benefit every workplace and busts a myth about employee engagement while working from home; Jim Huether, CEO of Hyperice, discusses Hyperice's new employee mental health initiative, known as the Workplace Alliance, with 100-plus companies to combat the ongoing mental health crisis and how they're taking a hands-on, data-driven approach to the mental health crisis.
Jim Huether, CEO of Hyperice, joins Cheddar to discuss Hyperice's new employee mental health initiative, known as the Workplace Alliance, with 100-plus companies to combat the ongoing mental health crisis and how they're taking a hands-on, data-driven approach to the mental health crisis.
Spotify has announced its official Songs of the Summer predictions. Lea Palmieri, a Spotify trend expert and podcast host, joined Cheddar News to break down the acts who made the cut and how. “It's a mix of streaming data charts and also our global curation team," she said. "They're keeping an eye on all of the hottest music." While Harry Styles has recently topped the Spotify charts, Palmieri also addressed the "Feral Girl Summer" trend, which she described as going "moderately wild, having fun, enjoying yourself."
Catching you up on today's top entertainment stories with a recap from the 75th Annual Tony Awards, including red carpet interviews and Jennifer Hudson receiving her EGOT, and "Jurassic World: Dominion" topping the box office.
The Tony Awards made its sensational return to Radio City Music Hal for the first time since 2019. 'A Strange Loop' stole the show, winning Best Musical while Adrianna Debose hosted in the most spectacular way possible. Cheddar News was joined by Broadway Reporter Leigh Scheps to break down the 75th Annual Tony Awards.
U.S. stocks closed Thursday at their lowest levels of the trading day, as investors continue to eye inflation ahead of the May CPI report out Friday. Art Hogan, Chief Market Strategist for National Holdings, joins Cheddar News' Closing Bell to discuss.
U.S. stocks closed Friday at session lows after May CPI data showed inflation in the U.S. has not peaked and is still rising rapidly. For the week, the S&P fell 5.06%, the Dow lost 4.58%, and the Nasdaq dropped 5.60%, marking the worst week since January for all three major indexes. Mike Zigmont, Head of Trading and Research at Harvest Volatility Management, joins Cheddar News' Closing Bell to discuss.
Benefits brokerage, Nava Benefits, raised $40 million in a Series B round. Nava says it's on a mission to fix healthcare, one benefits plan at a time. The startup is working to bring benefits to small business that are normally available to only Fortune 500 companies. Brandon Weber, Co-Founder and CEO of Nava Benefits, joined Cheddar News' Closing Bell to discuss.
Auction house Christie's will be presenting "Legacy of the GOAT," which will include a rare Michael Jordan signed rookie card and sneakers. Caitlin Donovan, the vice president of Christie's handbags and accessories department. joined Cheddar News to discuss the special memorabilia selection for the NBA great. "He's been a global phenomenon, so he's really shaped '90s culture and streetwear culture," she said. "And we see bidders from every pocket in the world."