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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Cheddar Afternoon Google News Briefings of March 10th
Cheddar Afternoon Google News Briefings
Afternoon Alexa Flash Briefings of March 10th
Alexa Flash Briefings
Cheddar Quick Hit GSTV of March 11th
Cheddar Quick Hit GSTV
Amazon is Shutting Down 68 of its Pop-up Shops - What's Next?
Amazon says it will be closing down all 68 of its pop-up shops throughout the U.S. and United Kingdom. The e-commerce giant makes the move as it looks to evolve its other brick and mortar chains like Whole Foods and eventually grow into a physical retail powerhouse. Cheddar News was joined by Deren Baker, CEO of Edge by Ascential, to talk more about Amazon's plans to become a retail powerhouse.
Neon Launches World's First NFT Vending Machine in New York City
NFT and digital collecting platform Neon recently raised $3 million in seed funding. The startup also launched the world's first NFT vending machine, located in New York City's Financial District. Neon says it aims to be the simplest and most accessible way to buy, sell, and trade NFTs, both online and in the real world. Kyle Zappitell, CEO of Neon, joined Cheddar News' Closing Bell to discuss.
Russian Oil Ban Will 'Force a Transition' to Renewables, Says Caravel Concepts CEO
President Biden has banned imports of Russian oil to the U.S. in retaliation for its invasion of Ukraine. The president warned of higher prices at the gas pump, leading some analysts to think it could propel the transition to clean, renewable energy. Michael Jones, chairman and CEO of investment solutions company Caravel Concepts, discussed how the ban is hitting green energy stocks as gas prices continue to surge. "I think the 10-year prospects for renewables just got a whole lot better because ultimately this is going to force a transition into renewables," he said.
Soledad O'Brien Talks Financially Empowering People on Podcast 'Everyday Wealth'
Award winning journalist Soledad O'Brien teamed up with Edelman Financial to launch her all-new podcast 'Everyday Wealth' aimed at helping women and men alike in all stages of their wealth planning journey. O'Brien joined Cheddar to discuss female entrepreneurship and the importance of financial literacy, especially among women who were disproportionally affected by the pandemic.
Russian Attack on Hospital Stirs Outrage as Talks Stall
A Russian airstrike on a Mariupol maternity hospital that killed three people drew outrage, with Ukrainian and Western officials branding it a war crime.
Stocks Slip, Oil Prices Turn Lower as Uncertainty Continues
Stocks slipped on Wall Street Thursday as markets remain choppy amid uncertainty about where inflation, interest rates and the global economy are heading.
