As healthcare workers risk their lives to treat patients amid the coronavirus pandemic, many organizations are providing much-needed support to the workers on the frontlines.
The Tunnel to Towers Foundation is not only raising money to provide essential protective equipment and meals for essential workers, but it also plans to offer mortgage relief for families of healthcare workers who lose their lives and leave behind young children.
The group launched the COVID-19 Heroes Fund, which has already raised over $4 million\.
Frank Siller, Tunnel to Towers chief executive officer, told Cheddar Wednesday,“The Tunnel to Towers Foundation will take over the mortgage for a period of time,” he said. “We are also buying all of the protective gear. The masks, the gowns and other things we are distributing from New York.”
Siller said the group has been distributing most of the protective gear and supplies to New York hospitals because the state is still grappling with the largest number of coronavirus cases across the country. The foundation is also providing meals for Emergency Medical Service workers and volunteers.
The Tunnels to Towers Foundation was founded in the aftermath of the 9/11 terror attacks in honor of Siller's younger brother Stephen, a New York City firefighter, who died that day. The organization raises money to help injured veterans and the families of fallen first responders.
X Corp. CEO Linda Yaccarino told CNBC that she has "autonomy" under Elon Musk, adding that she wants advertisers to be comfortable to return.
Verizon Wireless said it plans to raise the prices of some of its plans.
Food service workers in Las Vegas are set to take to the Strip Thursday as they demand higher pay and better benefits.
GM President Mark Reuss joined Cheddar News to discuss the company's new Cadillac Escalade electric vehicle and talked about how to make affordable EVs for the general public. "That's who we are as a company -- we will offer vehicles for everybody and every different income level," he said.
Lauren Fix, automotive expert with 'The Car Coach,' spoke with Cheddar News to provide tips and advantages on buying a used vehicle. "You let somebody else take the depreciation, which is probably one of the best things ... you then move in at a two- or three-year-old vehicle that maybe was leased, and you can get some great values," she said.
Disney said it's increasing prices for its ad-free streaming services as the company is losing subscribers and also announced it planned to crack down on password-sharing. Cheddar News' Michelle Castillo broke down Disney's moves.
Lawrence Sprung, a certified financial planner and author of 'Financial Planning Made Personal' shares advice about how to teach kids to use credit wisely.
Disney is cracking down on password sharing for Disney+ users.
Tapestry, the parent company of luxury handbag Coach and Kate Spade, agreed to buy Capri Holdings, the owner of fashion brands including Michael Kors, Versace and Jimmy Choo.
Disney reported a mixed performance in its latest quarterly results.
