Millennials get blamed for ruining industries every day, but there's one sector their providing a major boost for: the pet business. Dogtopia's Neil Gill joins Cheddar to reveal why Generation Y is causing a boom for the dog-services space. They may be lagging behind when it comes to marriage, childbirth, and home buying, but young people are wasting no time in becoming pet owners.
In fact, Gen Y pet ownership has officially surpassed that of their Baby Boomer predecessors. Neil Gill explains how these trends are changing the landscape for his dog daycare, boarding, and spa franchise. The CEO and President says it's forcing his company to emphasize technology and pet humanization.
Union leaders and Hollywood studios reached a tentative agreement Sunday to end a historic screenwriters strike after nearly five months, though no deal is yet in the works for striking actors.
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Authorities rescued a 17-year-old boy in Southern California after he was kidnapped and held hostage for four days by captors who threatened to harm him if his family did not pay a $500,000 ransom.