Paramount Global is exploring the sale of BET Media Group and VH1, according to The Wall Street Journal, as it focuses on its streaming platform.
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Need2Know: War Crimes in Ukraine, Sacramento Shooting, Gamecocks Win Women’s NCAA
Catching you up on what you need to know on April 4, 2022, with reports of Russian war crimes in Ukraine, a weekend shooting in Sacramento killing six and injuring 12, Mexico ending its gas subsidization for U.S. drivers, and the University of South Carolina winning the women's NCAA basketball championship, and more.

Breaking Down Biden Admin's Stricter Fuel Economy Standards for New Cars
Peter Zalzal, associate vice president for clean air strategies at the Environmental Defense Fund, a nonprofit environmental advocacy group, joined Cheddar to discuss the Biden Administration's unveiling of stricter fuel-efficiency standards for new automobiles. "The administration estimated that these rules will reduce about 2.5 billion tons of climate pollution by 2050, and using less fuel also means that we have to go to the gas pump less often. And so it means we save money, thousands of dollars in avoided fuel costs each year for consumers," he noted.

Stocks Close Higher, Twitter Soars on News of Musk Stake
Stocks closed higher on Wall Street Monday with help from big technology and communications stocks.

Suddenly, Tesla's Elon Musk Is Twitter's Biggest Stakeholder
Tesla CEO Elon Musk is taking a 9.2% stake in Twitter to become the social media platform's largest shareholder. Musk purchased approximately 73.5 million shares, according to a regulatory filing Monday.

Morning Alexa Flash Briefings of April 4th
Alexa Flash Briefings

Cheddar Morning News Briefings of April 4th
Cheddar Morning News Briefings

Cheddar Morning Spotify News Briefings of April 4th
Cheddar Morning Spotify News Briefings

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need2know-afternoon-edition-040122

St. Louis Fed Official Weighs in on Robust March Jobs Report
The relatively robust March jobs report showed that despite the low unemployment rate, Black, Hispanic, and women job seekers are still having difficulty finding work. William M. Rodgers III, the vice president and director of the Institute for Economic Equity at the Federal Reserve Bank of St. Louis noted that participation rates in the labor force ticked up for minorities, adding to other positive signs of growth. He also spoke to Cheddar News to discuss further the jobs figures, the state of the labor market, and rising inflation.



