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.
One of the last major players in the DVD rental business has expressed interest in purchasing Netflix's mailing division, which is now set to be shut down. Bill Rouhana, CEO of Chicken Soup for the Soul Entertainment, which owns Redbox and its network of DVD kiosks, told The Hollywood Reporter that "I'd like to buy it," and that he's reached out multiple times about an acquisition.
Tesla shares fell sharply at the opening bell Thursday after the company felt the sting of numerous price cuts it made across its model line up this year in hopes of energizing sales.
Paul Miller, certified public accountant and founder of Miller & Company LLP, joined Cheddar News to discuss what electric vehicle owners should know about tax credits and the new rules to qualify for them. "I would definitely make a phone call to your accountant ... to your CPA to ensure that you're getting the credit and it's applicable," he said.
Ed Egilinsky, Managing Director, Head of Sales and Distribution & Alternatives at Direxion, joins Cheddar News to discuss how traders are reacting to bank earnings, and how traders can take advantage of artificial intelligence.
