The SAG-AFTRA National Board over the weekend voted unanimously to express solidarity with the Writers Guild of America and its plans to go on strike amid ongoing negotiations with studios and streamers.
“History shows that fairness and equity to the workers who power the creativity of the entertainment industry has only been achieved through solidarity and the efforts of those workers working within their labor unions and guilds,” read a statement from SAG-AFTRA.
“Changes in the economics of the entertainment industry have worked to the great benefit of large corporate employers and in many cases to the detriment of the creators who make their businesses possible.”
The U.S. propane market is headed for 'armageddon' this winter, according to the research firm, IHS Markit Ltd. Residential propane prices nationwide are currently at their highest level for the month of October since 2011. It comes amid soaring demand and as the energy source is in short supply. This all could lead to some regions experiencing shortages before winter ends. President and CEO of Suburban Propane Michael Stivala joins Cheddar News' Closing Bell to discuss.
The Dow, S&P, and Nasdaq begin November by not only ending Monday's session higher but with a record close as well. Melissa Armo, Founder and Owner of The Stock Swoosh, has her eye on major economic storylines and joins Cheddar News' Closing Bell to discuss what role the news could play on Wall Street.
October was a great month for movies, as it's set to bring in more than $600 million this month, according to Comscore. Thanks to big hits like Venom 2, No Time to Die, Halloween Kills, Dune, and The Addams Family 2, October is expected to be the best month since the pandemic began in regards to combined domestic ticket sales. Mark Sebastian, CIO of Karman Line Capital, explains why October wasn't just a fluke for movie theaters. He also gives a look at AMC stock as the chain is set to report its third quarter earnings on November 8.
Michael Boyd, CEO of aviation consultancy Boyd Group International, joined Cheddar to discuss recent mass flight cancellations by airlines like American and Southwest. Boyd noted that the usually efficient hub and spoke system left American Airlines vulnerable to the weather event in Dallas-Fort Worth and staffing shortages. He also said that while planning trips in the current climate can be unnerving, problems like weather delays are just part of the flying experience.
Christian Kroll, CEO of Ecosia, joins 'Fast Forward' to discuss how Ecosia uses its ad revenue to plant trees, and what the company plans to do after launching a $405 million venture capital fund focused on combating the climate crisis.
Guy Hirsch, USA managing director and head of NFT at eToro, joined Cheddar to discuss the evolution of bitcoin into the mainstream 13 years after the white paper from the presumed pseudonym Satoshi Nakamoto was published. Hirsch said there were several groundbreaking moments for the cryptocurrency, starting with the financial crisis of 2008, noting that people began seeking a solution to protect wealth, and bitcoin "gave people the confidence that it is an immutable ledger that no one can really hack or interfere with."
