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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Apple Doubling Down on $100 Million Racial Equity and Justice Initiative From SXSW 2022
Apple's Racial Equity and Justice Initiative is a $100 million program aimed at combating systemic racism while working to advance racial equity across the country. Alisha Johnson, director of the initiative, joined Cheddar at SXSW to discuss the work being done. "We focused on three critical areas. The first is education. The second is criminal justice reform, and the third is economic empowerment, really looking first in our own supply chain, how can we really increase our spend with Latinx, Hispanic, and indigenous-owned businesses," she said. "And then how can we go further to empower entrepreneurs who have been cut out of access to funding and capital and really help them to get the funding."

Need2Know: ‘War Criminal’, Netflix Password Sharing & Walmart Hiring Spree
What you Need to Know on Thursday, March 17. Updates from Ukraine, President Biden refers to Putin as a ‘war criminal’ for the first time, Walmart has ambitious hiring targets for Q1, and Netflix takes steps to crack down on password sharing.

Fewer Americans Filed for Jobless Claims Last Week
Jobless claims fell by 15,000 to 214,000 for the week ending March 12, down from the previous week’s 229,000, the Labor Department reported Thursday.

Stocks Extend Rally Even as Oil Climbs Back Above $100
Wall Street extended a rally into a third day on Thursday, even as oil prices jumped back above $100 per barrel.

Morning Alexa Flash Briefings of March 17th
Alexa Flash Briefings

Cheddar Morning News Briefings of March 17th
Cheddar Morning News Briefings

Cheddar Morning Spotify News Briefings of March 17th
Cheddar Morning Spotify News Briefings

Why the Fed Raised Its Interest Rate Amid Record Inflation
The Federal Reserve announced that it will raise its interest for the first time in more than three years to fight record inflation. Cheddar News spoke with Mark Hamrick, Senior Economic Analyst at Bankrate how the move will impact the wallets of everyday Americans.

Breaking Down the Return of Former Longtime Starbucks CEO Howard Schultz
Paul T. Murray, president at PTM Wealth Management, joined Cheddar News to break down the implications of the Starbucks CEO shakeup, as the coffee company faces issues of unionization and pandemic-related closures. "Well, shareholders love Howard Schultz returning. I mean he's an iconic CEO, a visionary, a guy who made coffee as American as apple pie and shareholders are gonna continue to love that," Murray continued. "But he's got an uphill battle, frankly, because, this unionization push has now spread to 26 states, 100 stores, and the COVID pandemic is going to continue to be a headwind, especially in China where Johnson really made a lot of headway."



