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.
John Bencich, CEO of Achieve Life Sciences, joins Cheddar Innovates to discuss a new plant-based compound that's being used to fight nicotine addiction.
On this episode of Cheddar Innovates: CEO of Achieve Life Sciences discusses a new plant-based compound that's being used to fight nicotine addiction; President & CEO OF DiaMedica Therapeutics explains a new ischemic stroke treatment option that expands the window for effective therapy for stroke patients; Cheddar gets a look at Curiosity Stream's 'Asteroid Rush.'
Catching you up on today's entertainment headlines with the Tribeca Film Festival has kicked off in NYC, "Black Adam," starring Dwayne "The Rock" Johnson dropped its first full trailer, the musical "Come From Away" based on a true story set during 9/11 will be closing on Broadway this October, and more.
Survivors of Larry Nassar, including Olympian Simone Biles, are seeking $1 billion in damages from the FBI due to its failure to investigate the former gymnastics team doctor convicted of committing years of serial sexual abuse of minors. Jack Queen, a senior reporter at Law360, joined Cheddar News to break down the legal grounds of this case. "This is one of the biggest black eyes that the Bureau has faced in generations, quite frankly, and the FBI has taken full responsibility and admitted that it completely botched this investigation," he said. "So, there's a lot of pressure to settle."
The Elevate Prize Foundation is donating $10,000 to different grassroots organizations based on a theme every month to help scale their work, focusing on a different theme each time. Upcoming prizes will help uplift an organization supporting the LGBTQ community and one mobilizing to help end gun violence. The foundation's CEO Carolina Garcia Jayaram joined Cheddar to discuss the initiative and why it's important to uplift these grassroots organizations. "We are identifying social entrepreneurs around the world to help them scale their work. but the ultimate purpose of that is to create the first-ever fanbase for good," she said. "We're trying to make good famous and by inspiring people to think about the role they can play in doing good in the world."
With real estate being a largely male-dominated industry, Stephanie Shojaee, vice president and chief marketing officer at development company Shoma Group, joined Cheddar News to discuss how she took on the gender gap for women to achieve leadership roles, starting at her own company. “It's been very important to teach all the women that work here, especially the younger ones, that they shouldn't change themselves," she said. "You need to be happy with who you are and just keep breaking barriers."
We are already starting to feel the effects of summer. Heat waves in Texas and California are already sending temperatures soaring. That could spell trouble for the nation's power supply. there are new concerns about outages in many areas of the country. Cheddar's Shannon Lanier explains the two main causes of blackouts, and what states are doing to keep the lights on and the air conditioning running.
If you have been on the road this past year, you've probably seen more accidents on the road than you ever have. You're not wrong. Traffic fatalities are not only increasing they are hitting historic highs. Almost 43,000 people died in motor vehicle accidents in 2021. Cheddar's Shannon Lanier investigates - and finds out why.
U.S. stocks close Tuesday at session highs after a subpar start to the trading day. Tim Chubb, Chief Investment Officer at the wealth advisory firm, Girard, joins Cheddar News' Closing Bell to discuss. 'We're starting to see the moderation of three core things -- we've seen the moderation of prices, we've seen the moderation of wage growth we've seen in the labor market, and we've also seen a moderation of job openings,' he says.
The victims from the USA gymnastics sexual abuse scandal continue to seek justice. Survivors of Larry Nassar are seeking more than one-billion dollars from the FBI for failing to stop the convicted sports doctor when the agency first received allegations. According to a report released by the Justice Department's Inspector General, FBI agents knew
in July of 2015 that Nassar was accused of abusing gymnasts; however, Nassar wasn't arrested until December of 2016. The group that filed the claim includes Olympic medalist Simone Biles and around 90 other women. Louise Radnofsky, sports reporter at The Wall Street Journal, joins Cheddar News' Closing Bell to discuss.
