According to PlasticOceans.org, the United States consumes an average of 60 billion single-serve plastic water bottles every year. rOcean is hoping to change that.
rOcean is a water filter device that connects directly to your home's tap water. Sunjay Guleria and Mohini Boparai Guleria co-founded the company together to bring a cleaner, more convenient option to the market.
The pair join Cheddar to show the prototype for the device. rOcean went live on Indiegogo today, and the Guleria's expect that orders will be shipping by Christmas.
MTV, a division of Paramount, is planning to shut down its news division and lay off 25 percent of its workforce. The company cited "broader economic headwinds" as the reason for the shuttering. The decision comes as Paramount makes cuts to better compete with rival entertainment giants.
Consumer prices in the United States rose again in April, and measures of underlying inflation stayed high, suggesting that rising costs could persist for months to come.
Goldman Sachs will pay $215 million to settle a years-long class action lawsuit that claimed the bank discriminated against women when it came to pay, performance evaluations and promotions.
Airbnb warned in its latest quarterly report of a possible slowdown in bookings. Cheddar News breaks down how budget-conscious customers are planning changes in travel for the upcoming summer season.
Amazon said Tuesday it launched a new service that will allow customers to purchase physical products while playing video games or interacting in virtual reality.
