Disney reportedly has been in talks to buy most of 21st Century Fox, including its movie studio and networks like FX and National Geographic. Sean Aune, editor-in-chief of Techno Buffalo, joined Cheddar to explain what each company would get out of the deal.
Aune says Disney is interested in Fox's TV production to leverage its new streaming platform, due out next year. Disney will not gain control over Fox network or its affiliates, nor would it touch sports. And while Aune considers that running on news and sports is a risky deal, Fox can take on the challenge.
In addition, a potential deal can give Disney control over Fox's Marvel properties, including rights to Star Wars, which would be huge win for the company.
So if this deal does go through, what would it mean for streaming services like Netflix? Aune believes that by the time the Disney streaming service is available, Netflix will be mostly original content, a sector the company has been heavily investing in.
Jade Warshaw, personal finance expert and co-host of 'The Ramsey Show, joined Cheddar News to provide tips on how to save on engagement rings and to look at cheaper alternatives.
As the country watches the financial situation and monitors decisions from the Federal Reserve, many may be re-evaluating what to do with their money, with interest and mortgage rates at some of the highest levels seen in decades. Mark Hamrick, Washington bureau chief and senior economic analyst with Bankrate, joined Cheddar News to provide tips on your money management as monetary policy continues to change.
A Dutch recruitment firm found that only 42% of employees who have been laid off this year actually received severance, down from 64% who received severance in 2021.
Direct deposit delays due to a human error that happened last week have resulted in some customers still not receiving their paychecks.
Nestle is reportedly investing $100 million in food delivery startup Wonder Group.
Arturo Béjar testified before a Senate subcommittee on Tuesday about social media and the teen mental health crisis, hoping to shed light on how Meta executives, including Zuckerberg, knew about the harms Instagram was causing but chose not to make meaningful changes to address them.
Nike is suing two of its competitors for alleged patent infringement.
Uber missed analysts' projections for earnings per share and revenue this past quarter. Cheddar News takes a closer look at the numbers and explains what to expect for the rest of the fiscal year.
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.
