A number of businesses are cutting ties with the National Rifle Association in the days following the Parkland school shooting. The First National Bank of Omaha announced that it will no longer offer an NRA-branded Visa card to customers. After customer feedback, the bank decided to cut ties. In another blow to the NRA, Enterprises Holdings, the parent company of Enterprise, Alamo, and National car rental brands, said it will no longer work with the organization. That change is expected to take place at the end of next month.
Cheddar speaks with David Hogg, a student at Marjory Stoneman Douglas High School, about the tragic shooting in Parkland and the #NeverAgain movement. Hogg says he is disappointed with President Trump's reaction to the shooting and does not believe in arming teachers. Hogg believes in the second amendment but says it needs to be limited. In the aftermath of the shooting, a number of conspiracy theorists called students, including Hogg, "crisis actors." Since he was attacked online, Hogg says his Twitter following has quadrupled and it's only helped him push the #NeverAgain movement forward.
In other news, General Mills is buying natural pet food maker Blue Buffalo for $8 billion in cash. Shares of Blue Buffalo surged more than 15% on the news. This marks the first time General Mills has broken into the pet food industry. The deal is expected to be finalized at the end of this year.
And Chris Tung, Chief Marketing Officer at Alibaba, discusses the company's first official partnership with the International Olympic Committee. This year, Alibaba is the exclusive worldwide partner of the Olympic Games for cloud computing and e-commerce. Tung says it's been a "fantastic" first experience for Alibaba at the Olympics. The Chinese tech giant has been able to showcase its cloud computing power at the games.
It’s a chicken-and-egg problem: Restaurants are struggling with record-high U.S. egg prices, but their omelets, scrambles and huevos rancheros may be part of the problem. Breakfast is booming at U.S. eateries. First Watch, a restaurant chain that serves breakfast, brunch and lunch, nearly quadrupled its locations over the past decade to 570. Fast-food chains like Starbucks and Wendy's added more egg-filled breakfast items. In normal times, egg producers could meet the demand. But a bird flu outbreak that has forced them to slaughter their flocks is making supplies scarcer and pushing up prices. Some restaurants like Waffle House have added a surcharge to offset their costs.
William Falcon, CEO and Founder of Lightning AI, discusses the ongoing feud between Elon Musk and Sam Altman, and how everyday people can use AI in their lives.
U.S. tariffs on steel and aluminum “will not go unanswered,” European Union chief Ursula von der Leyen vowed on Tuesday, adding that they will trigger toug
The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down the agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal. Russell Vought is the newly installed director of the Office of Management and Budget. Vought directed the CFPB in a Saturday night email to stop work on proposed rules, to suspend the effective dates on any rules that were finalized but not yet effective, and to stop investigative work and not begin any new investigations. The agency has been a target of conservatives since President Barack Obama created it following the 2007-2008 financial crisis.
Jeff Benedict, author of 'The Dynasty,' weighs in on the Kansas City Chiefs being the next big dynasty, who he thinks will win Super Bowl LIX and more. Watch!
