LONDON (AP) — Britain’s Prince Harry and his wife, Meghan, said they are planning “to step back” as senior members of the royal family, a stunning revelation that underscores the wish of the couple to forge a new path for the royals in the modern world.
A statement issued by Buckingham Palace said Wednesday the royal couple intend to become financially independent, shunning public support, to underpin their work on charities. It said they intend to “balance” their time between the U.K. and North America, where the 38-year-old Duchess of Sussex grew up.
“After many months of reflection and internal discussions, we have chosen to make a transition this year in starting to carve out a progressive new role within this institution," the couple said in a statement. “We intend to step back as ‘senior’ members of the royal family and work to become financially independent, while continuing to fully support her majesty the queen."
Harry, 35, is a grandson of Queen Elizabeth II and is sixth in line to the British throne.
Before marrying Harry in 2018, the duchess was the American actress known as Meghan Markle and a star of the TV show “Suits.” The royal couple has a baby son Archie, who was born in May 2019.
<i>Prince Harry and Meghan Duchess of Sussex, holding their son Archie Harrison Mountbatten-Windsor, at the Desmond & Leah Tutu Legacy Foundation in Cape Town, South Africa on September 25, 2019. / Photo Credit: Shutterstock</i>
Although as an actress and human rights advocate the duchess was accustomed to media attention before her marriage, she has made no secret of the fact that the transition to the level of celebrity faced by Britain's royal family was difficult.
Last year, Harry lashed out at the British media for its treatment of his wife, accusing the media of hounding her the way they did his mother, Princess Diana, who died in a 1997 car crash while trying to elude paparazzi.
"My deepest fear is history repeating itself. I've seen what happens when someone I love is commoditized to the point that they are no longer treated or seen as a real person. I lost my mother and now I watch my wife falling victim to the same powerful forces," Harry said in the fall.
Sheri Bachstein, CEO of The Weather Company and GM of IBM Watson Advertising, joins ChedHER to discuss her successes in this role, and how she's helping women thrive in the c-suite.
Cate Luzio, CEO and Founder of Luminary, joins ChedHER to discuss how Luminary is supporting women at all stages of their career journeys, and the upcoming Chase for Business Fellowship to support business owners.
In an effort to fight climate change several corporations have vowed to work to fight climate change by 2030. They say the goal is to reduce carbon emissions by 40% or even close to 100%. However, according to a new study, many of these companies are not actually practicing what they preach. Tom Egger, senior lecturer at Emeritus at the University of Wisconsin, joins Cheddar News to discuss more.
'Jeen-Yuhs: A Kanye Trilogy' dives into over 20 years of the icon himself, Kanye West. The trilogy is described as 'an intimate and revealing portrait of Kanye West's experience, showcasing both his formative days trying to break through and his life today as a global brand and artist.' Cheddar news sat down with directors of the documentary and long-time friends of Kanye, Chike Ozah and Clarence "Coodie" Simmons, to discuss the project.
The Super Bowl is only a few days away, and the game is currently tracking to be the most expensive one ever.
Gametime, a website and app for last-minute tickets, says the average ticket price for the NFL's championship game is $9,502.50, with the most expensive seats costing nearly $38,000. That's a far cry away from the average ticket price of the first-ever Super Bowl in 1967, which was only $12. The average ticket price increased by more than $8,000 in just the past decade. Matt Rados, Senior Operations Manager at Gametime, joins Cheddar News' Closing Bell to discuss.
At-home medical labs company Getlabs raised $20 million in a Series A round, led by Emerson Collective and the Minderoo Foundation. Getlabs aims to be the boots-on-the-ground partner to telehealth. The company says more than 70% of medical decisions still require collecting diagnostic tests in person, and that it fills that void by delivering health care directly to their patients' homes. Founder & CEO of Getlabs Kyle Michelson joined Cheddar News' Closing Bell to discuss.
Sting has sold his catalog of more than 600 songs for $300 million to Universal Music. The deal gives the label the rights to all of his work, including “Every Breath You Take," as well as all future royalties.
Miller Lite is opening the first branded bar in the metaverse, by way of Decentraland, as a way to advertise during the Super Bowl this year without buying an expensive TV commercial slot. Sofia Colucci, global vice president of Miller Family of Brands, joined Cheddar to talk about the new marketing concept. "We have a lot of great partnerships with NFL teams throughout the year but were shut out of advertising during the Super Bowl game, so this pushes us to think creatively and also think of what feels really relevant right now," Colucci said. "There's no question that there's a lot of excitement with the metaverse, and we wanted to participate but in a way that felt right for Miller Lite."
Kalle Marsal, Chief Operating Officer at PetDx, joins Cheddar Innovates to discuss how next-generation sequencing technology is being used to detect cancer in pets early.