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Marriott Design Lab for Hotel Tech Innovation Announced at CES 2022
Stephanie Linnartz, president of Marriott International, joined Cheddar's "Closing Bell" to talk about the launch of the Marriott Design Lab, a new facility within its Bethesda, Maryland, headquarters to explore innovative tech offerings for bolstering the guest experience. "It's all around figuring out how we can innovate in the guest room in the public space, looking at how we can use robotics, improve sustainability, etcetera," she said. Some short-term changes in the future Linnartz also noted is an expansion of the chain's mobile capabilities to make check-in and check-out an easier process for guests, as well as mobile room service, from the feedback it received during the pandemic.
Nike Sues Lululemon for Patent Infringement Over MIRROR Home Gym
Nike has initiated a lawsuit against athletic apparel retailer and competitor Lululemon over claims of patent infringement. The sneaker giant is claiming the technology in their rival's MIRROR home gym was patented back in 1983.
NFT Industry Growth in 2021
The NFT craze took off in 2021 and shows no signs of slowing down in 2022. Cheddar News takes a closer look at what helped push the industry forward.
OpenSea Bans Two Bored Ape Yacht Club Knockoff Collections
Adi Robertson, senior reporter at The Verge, joins Cheddar News to break down the battle between two NFT collections by Phunky Ape Yacht Club and PHAYC that are selling plagiarized Bored Ape Yacht Club designs.
Nike, AMEX Among Companies Sticking to Pledge to Not Fund January 6 Objectors
Following the attack on the Capitol last year, several major corporations promised to no longer pour funds into the campaigns of Republican lawmakers who supported the January 6 insurrection. But not all have stood firm on their word. Among those that did keep to their promise were Nike, American Express, and Walgreens.
Bitcoin, Other Cryptocurrencies Drop to 1-Month Lows Amid Broader Market Sell-Off
Maja Vujinovic, managing director of investment and advisory firm OGroup LLC, spoke to Cheddar about factors impacting the price of a Bitcoin. She attributed some of the drop-offs in the cryptocurrency's value to inflation and expects the space to continue being volatile. Vujinovic also stated that Bitcoin is here stay and will continue to expand, opening the door for legislators to establish regulation around cryptocurrencies.
S&P 500 Dips From New Record as Traders Weigh Omicrons Impact on the Economy
Dan Geltrude, Managing Partner at Geltrude & Co., discusses the major risks to the markets and highlights the sectors with the most growth potential.
Fed Doubles Pace of Tapering, While Inflation Remains a Concern Going Into 2022
Chris Johnson, CEO of Johnson Research Group, breaks down how the Feds decision impacts economic growth and highlights certain sectors within tech that offer a hedge on inflation.
PPI Increases 0.8% in November as Fed Begins Two-day Policy Meeting
Sandy Villere, Portfolio Manager, Villere Balanced Fund breaks down the major risks to the market and highlights sectors showing growth despite COVID-19 headwinds.
