Verizon is ushering in the new era of connected vehicle solutions with its introduction of Verizon Connect, a brand built to improve driver safety and efficiency for customers. Andres Irlando, CEO of Verizon Connect, was with Cheddar to explain the opportunity Verizon sees in connected vehicles.
Verizon Connect combines three best-in-class fleet and mobile workforce management software companies to deliver solutions that help drive safety, productivity and efficiency for customers. The new brand will help customers optimize their connection to vehicles and mobile resources more generally, said Irlando.
FreshDirect is a customer of Verizon Connect. Irlando said the company uses their software platform to improve driver behavior. The food-delivery company is also able to track speeding, harsh braking, and seat belt use. FreshDirect uses Verizon Connect's solutions for cold chain integrity to make sure their food is kept at the appropriate temperatures.
Cheddar News breaks down some of the top business stories to look out for, including WeWork's bankruptcy filing and fast-fashion retailer Shein reportedly expecting a $90 million valuation upon its market debut. Plus, a new EV truck will have a backup gas generator.
WeWork has filed for Chapter 11 bankruptcy protection.
Bumble, the female-focused dating app, announced that Whitney Wolf Hurd, the company's founder and CEO, will step down in January.
WeWork officially has filed for bankruptcy.
With interest rates high, housing inventory low and Veterans Day just around the corner, Cheddar News took a look at how the current market is impacting those who served and continue to serve our country. Patton Gade, national director of military lending with UMortgage, explains how a VA loan works, its benefits and what's involved in the process of purchasing a home.
Stocks were mixed in Tuesday's early session as Wall Street came off a strong rally last week.
Google on Monday confronted the second major U.S. antitrust trial in two months to cast the internet powerhouse as a brazen bully that uses its immense wealth and people's dependence on one of its main products to stifle competition at consumers' expense.
Hilton Grand said it's in the process of purchasing Bluegreen Vacations in a $1.5 billion deal.
Walt Disney Co. named former PepsiCo veteran Hugh Johnston as its new chief financial officer.
The PlayStation 5 Slim will be reportedly released on Friday.
