From blockchain to Amazon's dominance, look for last year's biggest business stories to carry into 2018. Fast Company's Noah Robischon joins Cheddar to preview the trends to watch for in the new year. He explains why the technology behind the rise of cryptocurrency is poised for even more headlines this year.
Next, we discuss how retail will continue to fight for its life given the Amazon threat. Robischon says "the cool factor" is one area where traditional retail has an edge over the e-commerce giant. The executive editor also explains why pop-up stores and showrooms are gaining in popularity.
Finally, we breakdown Amazon's year ahead. Robischon says Jeff Bezos is likely to be even more aggressive with his company's move into the pharmaceutical space. The executive editor also says whether he agrees with Gene Munster's prediction that Amazon will acquire Target in 2018.
Venmo will soon have accounts for teenagers ages 13-17 but they will have to follow a set of rules, with parents or guardians opening accounts on their behalf under their own accounts.
Rory Harvey, General Motors' incoming North American president, joined Cheddar News to discuss GM's foray into the rapidly-changing electric vehicle market along with what lies ahead. "It's a very dynamic time in the automotive industry," he said. "If you look to the transformation across the EVs, it's happening and it's happening at a pace."
Ford Motor laid out some financial expectations and specific growth objectives for its electric vehicle line at an investors' event on Monday. John Lawler, chief financial officer of Ford Motor Co., joined Cheddar News to explain what lies ahead for the automaker.
Teenagers will officially be allowed to open a Venmo account with their parent's permission, the company said Monday, expanding the popular social payments app to an age demographic that is likely to embrace it almost immediately.
