Snap is planning to release new versions of its hugely unpopular Spectacles. Cheddar senior reporter Alex Heath joins us to share the details on the company's plan for the new smart glasses. Snap will release a second version of its Spectacles this fall and is aiming to release a third version sometime thereafter. The second version will include performance improvements and the third will have increased camera technology. Snap had to take a $40 million loss on its first version of Spectacles due to lack of interest.
The Weinstein Co. lives to fight another day after a last-minute deal emerged Thursday night. An investor group will buy the Weinstein Co. in a deal worth $50 million. Maria Contreras-Sweet, President Obama's former Small Business Administration head, is leading the negotiations. In a statement, she said she looks forward to launching a "new company, with a new board and a new vision." This comes days after the Weinstein Co. filed for bankruptcy.
Eight people were hospitalized after severe turbulence on a Jetblue flight from Ecuador to Fort Lauderdale, Florida.
The writers strike could be a step closer to ending after leaders from the union are set to vote on a tentative deal.
President Joe Biden grabbed a bullhorn on the picket line Tuesday and urged striking auto workers to “stick with it” in an unparalleled show of support for organized labor by a modern president.
The confidence of American consumers slipped this month, particularly about the future, as expectations persist that interest rates will remain elevated for an extended period.
JPMorgan Chase agreed Tuesday to pay $75 million to the U.S. Virgin Islands to settle claims that the bank enabled the sex trafficking acts committed by financier Jeffrey Epstein.
New research looks into the pros and cons of remote work from the employer's perspective.
A major Pfizer plant in North Carolina is restarting production after tornado damage in the summer.
Costco is offering members health checkups for as low as $29.
The House of Representatives is set to vote to advance four separate funding bills as a shutdown looms.
Eight people were hospitalized after severe turbulence on a Jetblue flight from Ecuador to Fort Lauderdale, Florida.
