Kimbal Musk is on a mission to bring clean and good food to kids and families across the country. That is why he joins Cheddar to make some big announcement about his non-profit.
Big Green is now a national non-profit servicing cities across the country. The next city Musk will travel to is Detroit. The plan is to build 100 Learning Gardens in schools across the city. The plan will cost around $5 million and will be the first leg of Musk's goal to build 1,000 more Learning Gardens in new cities by 2020.
Musk says Big Green has perfected growing the gardens at scale. The architecture of each garden is the same, making management and infrastructure easy to replicate and monitor. Musk explains that 6 to 7 people can manage all 100 gardens and schools in a city.
And Musk welcomes more competition as Big Green is not a for-profit endeavor. Musk explains, "Competitors mean more impact...and we need all the help we can get."
The impact has been huge for communities and students. Musk says he regularly gets emails from parents of Learning Garden kids who have demanded kale and the parents don't know what kale is. For him, this is an example of education starting with kids and impacting whole families and communities.
Walmart, which became the nation’s largest retailer by making low prices a priority, has found itself in a place it’s rarely been: Warning customers that prices will rise for goods ranging from bananas to car seats.
Chris Beauchamp, Chief Market Analyst at IG International, joins J.D. Durkin to give analysis on the recent trade truce between the U.S. and China. Watch!
Shan Aggarwal, VP of Corporate and Business Development at Coinbase, discusses the company's acquisitio of Deribit as it heads into the S&P 500. Watch!
American businesses that rely on Chinese goods are reacting with muted relief after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days. Many companies delayed or canceled orders after President Donald Trump last month put a 145% tariff on items made in China. Importers still face relatively high tariffs, however, as well as uncertainty over what will happen in the coming weeks and months. The temporary truce was announced as retailers and their suppliers are looking to finalize their plans and orders for the holiday shopping season. They’re concerned a mad scramble to get goods onto ships will lead to bottlenecks and increased shipping costs.
Shopping expert Trae Bodge discusses how talks between the U.S. and China is good news for now, but uncertainty remains for back-to-school and the holidays.
