Cheddar morning business update 8/11: Snap shares plunge after disappointing month of earnings

Posted: Updated:
NEW JERSEY -
  • Shares of Snapchat's parent company, Snap, fall after users only increase by seven million from the first quarter.
  • Amazon is seeking to partner with venue owners to sell event tickets.
  • Consumer Reports is no longer recommending Microsoft Surface devices after a study estimates 25% have problems by the end of the second year.
  • BusinessMore>>

  • Women cite 'grass ceiling' in male-dominated weed industry

    Women cite 'grass ceiling' in male-dominated weed industry

    Tuesday, May 22 2018 2:32 AM EDT2018-05-22 06:32:40 GMT
    Tuesday, May 22 2018 11:56 AM EDT2018-05-22 15:56:19 GMT
    (AP Photo/Marcio Jose Sanchez). In this May 11, 2018, photo, Danielle Schumacher, center, CEO and Co-Founder of THC Staffing Group talks to fellow entrepreneurs Etienne Fontan, right, Director of Berkeley Patients Group and Amber Senter, CEO of Leisure...(AP Photo/Marcio Jose Sanchez). In this May 11, 2018, photo, Danielle Schumacher, center, CEO and Co-Founder of THC Staffing Group talks to fellow entrepreneurs Etienne Fontan, right, Director of Berkeley Patients Group and Amber Senter, CEO of Leisure...
    Women have made inroads in the male-dominated cannabis business, but they face a "grass ceiling" as the industry grows and becomes more mainstream.
    Women have made inroads in the male-dominated cannabis business, but they face a "grass ceiling" as the industry grows and becomes more mainstream.
  • Many cancer patients juggle care along with financial pain

    Many cancer patients juggle care along with financial pain

    Tuesday, May 22 2018 10:42 AM EDT2018-05-22 14:42:38 GMT
    Tuesday, May 22 2018 11:56 AM EDT2018-05-22 15:56:10 GMT
    (AP Photo/Ross D. Franklin). In this April 13, 2018, photo Josephine Rizo sits in her home with her stack of bills from her ongoing battle with cancer in Phoenix. As treatment costs soar and insurance coverage shrinks, hospitals and patient advocates a...(AP Photo/Ross D. Franklin). In this April 13, 2018, photo Josephine Rizo sits in her home with her stack of bills from her ongoing battle with cancer in Phoenix. As treatment costs soar and insurance coverage shrinks, hospitals and patient advocates a...
    Many cancer patients juggle care along with financial pain.
    Many cancer patients juggle care along with financial pain.
  • ACLU: Amazon shouldn't sell face-recognition tech to police

    ACLU: Amazon shouldn't sell face-recognition tech to police

    Tuesday, May 22 2018 10:12 AM EDT2018-05-22 14:12:42 GMT
    Tuesday, May 22 2018 11:55 AM EDT2018-05-22 15:55:56 GMT
    The American Civil Liberties Union and other groups are asking Amazon to stop marketing a facial recognition tool to police.
    The American Civil Liberties Union and other groups are asking Amazon to stop marketing a facial recognition tool to police.
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