Bridgette Webb
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Articles by Bridgette Webb
Stacey Abrams on state voting laws: 'We're seeing a subversion of democracy'
Stacey Abrams, politician and activist, has unveiled a new month-long campaign aimed at mobilizing young voters for the passage of the For the People Act. The effort, dubbed "Hot Call Summer," will feature virtual events, a paid media campaign and plans to reach at least 10 million voters through a texting campaign in states that have recently passed voting restrictions laws or are advancing such bills.
Trump administration 'worst in history for black farmers': National Black Farmers Association president
Bloomberg This Crypto Kid Had a $23,000-a-Month Condo. Then the Feds Came. (Bloomberg) -- Stefan Qin was just 19 when he claimed to have the secret to cryptocurrency trading.Buoyed with youthful confidence, Qin, a self-proclaimed math prodigy from Australia, dropped out of college in 2016 to start a hedge fund in New York he called Virgil Capital.
'I went crazy' and wanted to h Original
When the novel coronavirus pandemic sidelined pop star Ricky Martin from touring, he turned his energy to a new venture — an immersive audio company called Martin Music Lab that the singer believes will be “the future of music.” “When the pandemic started, I went crazy, to be honest, I wanted to invent something ... of social impact,” Martin told Yahoo Finance’s “On The Move” on Friday.
2 main reasons Impossible Foods targets meat eaters more than vegetarians
Impossible Foods is heading north to Canada. The California-based maker of the plant-based Impossible Burger announced its products will be available at a dozen Canadian restaurants, including Bymark, Patois and Maker. The move comes as the faux meat trend has exploded in recent years. In recent months, sales of Impossible and Beyond Meat (BYND) have boomed 264% as the coronavirus impacted production at meatpacking plants.
This P&G unit helps women-led startups get off the ground
Investments in female-founded startups are on the rise. In 2019 female-led businesses took in 2.8% of venture capital investment in the U.S., according to data from PitchBook. While that number is an improvement from years past it pales in comparison to funding received by male-founded upstarts. That sizable funding gap is an area that Procter & Gamble Ventures is looking to close.
Travel expert: Americans will fall in love with the road again as coronavirus pandemic eases
Few industries have fallen as far as tourism and travel amid the coronavirus pandemic. And while air travel remains very low in the absence of widespread testing or a vaccine, CBS News Travel Editor Peter Greenberg thinks that Americans will eventually fall back in love with road trips. “You're gonna see a lot of road trips,” Greenberg said on Yahoo Finance’s On The Move (video above). “Right now, people want their security blanket and they want to be in control.
Travel expert: Americans will fall in love with the road again as coronavirus pandemic eases
Few industries have fallen as far as tourism and travel amid the coronavirus pandemic. And while air travel remains very low in the absence of widespread testing or a vaccine, CBS News Travel Editor Peter Greenberg thinks that Americans will eventually fall back in love with road trips. “You're gonna see a lot of road trips,” Greenberg said on Yahoo Finance’s On The Move (video above). “Right now, people want their security blanket and they want to be in control.
Happy Family Organics Founder
As countries remain in lockdown, the continued disruption is threatening to cut off supply chains and increase food insecurity. It’s a particularly harrowing issue for those with infants and toddlers as formula and ofter baby food items are in high demand. It’s a problem Happy Family Organics, one of the top organic baby food brands in the U.S., wants to help to solve.
Happy Family Organics Founder
As countries remain in lockdown, the continued disruption is threatening to cut off supply chains and increase food insecurity. It’s a particularly harrowing issue for those with infants and toddlers as formula and ofter baby food items are in high demand. It’s a problem Happy Family Organics, one of the top organic baby food brands in the U.S., wants to help to solve.
New services pop up to meet demand as telehealth market booms
The use of video conferencing services like Zoom (ZM) and Skype (MSFT) has seen a boom as more look for easier ways to work and communicate remotely. Linguistics tech company Jeenie is looking to offer that same solution for those needing interpretation services.
‘Ghost kitchens’ are popping up in malls amid retail's decline
Brick-and-mortar retail’s decline has hollowed out malls across the U.S. and put store chains like Toys ‘R’ Us and Sears (SHLD) out of business. But it’s not all doom and gloom: The downward trend has spurred a phenomenon, dubbed “ghost kitchens,” in which new kitchens find a home empty mall spaces. Built by property developers, these kitchens exist only to make food for delivery and could provide a boost to companies like Uber (UBER) with its UberEats service and Grubhub (GRUB).
‘Ghost kitchens’ are popping up in malls amid retail's decline
Brick-and-mortar retail’s decline has hollowed out malls across the nation and put store chains like Toys ‘R’ Us and Sears (SHLD) out of business. But it’s not all doom and gloom: The downward trend has spurred a phenomenon, dubbed “ghost kitchens,” in which new kitchens find a home empty mall spaces. Built by property developers, these kitchens exist only to make food for delivery and could provide a boost to companies like Uber (UBER) with its UberEats service and Grubhub (GRUB).
Direct-to-consumer entrepreneur explains the importance of physical stores
The childrenswear industry is booming and is set to hit nearly $340 billion by 2024, according to Global Industry Analysts. And it's not just the big name retailers like Target (TGT), Gap GPS) and Walmart (WMT) that have the edge in the market. A new crop of companies are taking a big slice of the pie. One such name is Rockets Of Awesome, a direct-to-consumer brand that has caught the attention of celebrity backers like Serena Williams, Gwyneth Paltrow and Kirsten Green of Forerunner Ventures.
'Not a sexy issue': NYC civic leader says politicians are ignoring the homeless
America’s economic expansion is now the longest on record, but many Americans are being left behind — leading to a rise in the U.S. homeless population for the third year in a row. A study out last month from the Department of Housing and Urban Development (HUD) found that on a single night in 2019, over 567,715 people in the U.S. were homeless. That marked a 2.7% surge since 2018, which HUD attributed largely to spikes in homelessness in California and Oregon.
Strategist on impeachment: Trump 'would love to drag this out'
In a vote along party lines, the U.S. House Judiciary Committee approved two articles of impeachment against President Donald Trump on Friday. The move comes after the committee abruptly shut down a 14-hour session late Thursday, following a marathon effort by Republicans looking to kill the charges. Political pundits have been analyzing whether the impeachment proceedings will damage Trump as he looks to secure a second term as president.
This startup makes a meat alternative out of thin air
While companies like Beyond Meat (BYND) and Impossible Foods are leading the faux meat trend, the next iteration of fake meat could be made out of thin air. California-based Air Protein says its the first to create a vegan, meat substitute from natural elements found in the air. Using an approach first proposed by NASA to grow food for astronauts, the ‘meat’ is made using renewable energy to transform carbon dioxide, oxygen and nitrogen into proteins rich in vitamins, and minerals.
MLB player-turned-LGBTQ advocate discusses 'living a secret life'
Among the four major professional sports leagues, there are no active players who identify as a member of the LGBTQ community. The issue of coming out as an active player is one that Billy Bean, a former Major League Baseball (MLB) journeyman and now the league’s vice president of social responsibility and inclusion, knows all too well. “I was a major league baseball player for six years and left,” Bean told Yahoo Finance’s On the Move.
This index is made up of companies that support LGBTQ equality
A new firm is betting on equality. LGBTQ Loyalty Holdings recently launched the LGBTQ100 Index, which is made up of 100 companies that support lesbian, gay, bisexual, transgender, and queer people. The index includes Cisco, Coca-Cola, Apple, Microsoft, Amazon, and Netflix.
Amazon could disrupt Google and Facebook's ad dominance: expert
In the battle for digital advertising revenue, the Google and Facebook duopoly could be challenged by another tech titan — Amazon. That’s according to Mediaocean CEO Brian Wise, who said that while Google looks steady as the leader in the category, it’s Facebook that could be taken down a notch. “Amazon will overtake Facebook as the number two player in the ad market,” Wise said in an interview with Yahoo Finance’s On The Move. They could reach that position “in three to five years,” he said.
Automation will hit this demographic the most: McKinsey report
Advances in automation are undoubtedly changing the nature of work. And a new report from McKinsey & Co. has highlighted a specific demographic most at risk of the impending automation wave — African Americans. With the problem being particularly acute for men, and those without a college degree.
The least tax-friendly states in the US: Kiplinger
Americans are spending a pretty penny on taxes. Some Americans are paying more money for taxes than they are on food, clothes and health care combined, according to a recent report from the U.S. Bureau of Labor Statistics. With that in mind Kiplinger is out with its annual state-by-state guide on taxes, and it yielded some surprising results. More so due to a state that didn’t make the least tax-friendly state list: California.
Apple’s move to make new Mac Pros in the US a smart one: Loup Venture's Gene Munster
Apple (AAPL) announced Monday that it will make its new Mac Pros computers at its Austin, Texas facility, thanks to some tariff exemptions on components that are used to make the computers. It’s a move that Loup Ventures Managing Partner Gene Munster says is important for investors to watch.
Lindsey Vonn to launch cosmetic line for 'the active woman'
World Cup champion and Olympic gold medal alpine skier, Lindsey Vonn wants to take a run in the world of cosmetics. Vonn, who recently joined Yahoo Finance’s ‘The Final Round,’ plans to launch her own beauty line next spring, though its name will remain “secret” until its debut. The line will include beauty products and perfume and will most likely follow a direct-to-consumer model. “I think, for us, we can deliver a much better product if we're direct to consumer. We're taking out the middleman.
Roku growing at a faster pace than Netflix did at the same point: Analyst
Netflix (NFLX) is one of the street’s most touted growth stories, but another streaming player is growing at a faster rate than Netflix did at a similar stage in the company’s life: Roku (ROKU). That’s according to William Blair Analyst Ralph Schackart, who in a note to investors said he expects Roku will reach 80 million active accounts by 2025, bringing in annual revenue of $4.5 billion, 89% of which will be domestic dollars.
Virgin Hyperloop One could build the world’s first hyperloop in India
The first “hyperloop,” a concept for an ultra-fast underground transportation system, popularized by Elon Musk, is closer than you think and it may not be coming from Elon Musk’s Boring company. Officials in the Indian state of Maharastra announced last month that they will be taking bids for what could be the first hyperloop project. Sir Richard Branson-backed Virgin Hyperloop One could win the contract, and has been named the Original Project Proponent by the state.
How new NCAA rules could impact the college sports business model
It’s no secret that the NCAA has been under fire for the way that it governs players. Many have argued that it exploits student-athletes under the guise of amateurism and prevents their ability to play professional sports. And its latest potential move to set new rules for basketball agents looking to represent college athletes has dredged up all of those bad feelings and pushed them back into the spotlight.
Goldman Sachs gets bullish on Chipotle, restaurant stocks
Goldman Sachs is taking a bite out of Chipotle (CMG), initiating coverage of the restaurant chain with a Street high price target of $1,000 and a Conviction Buy rating. In a note to investors, analyst Katherine Fogertey made the case for the firm’s positive outlook. “Our bullish view is based on our expectation that same-store sales trends will remain stronger for longer than the market expects,” Fogertey wrote, noting that same-store sales growth would be driven by a strong macro backdrop.
Financier Asher Edelman: Gordon Gekko isn't back, but I'm back
American financier Asher Edelman made his name on Wall Street during the 1970s, 80s and 90s with businesses focusing on Investment banking, money management, and derivatives trading. He’s even was part inspiration for fictional corporate raider Gordon Gekko in the 1987 film “Wall Street.” Edelman is back in the dealmaking game, though for this time around he says he’s playing by a new set of rules.
Piper Jaffray dives into the online travel space
Airbnb may not be public, but it’s already catching the eye of Wall Street. Piper Jaffray analyst Mike Olson came out with a note on the state of online travel, highlighting the startup's leadership position in this rapidly growing market. The San Francisco-based booking company recently reported more than 6 million listings worldwide in more than 100,000 cities.
Credit Suisse goes big on restaurant stocks, including Chipotle
Credit Suisse analyst Lauren Silberman initiated coverage on nearly a dozen restaurant stocks on Tuesday with Outperform ratings on more than half, including Chipotle Mexican Grill (CMG). Silberman gave an $870 price target on the stock, citing the company’s ability to shift its narrative to one of growth rather than recovery. The new Chipotle Nachos dish is seen on display with other new dishes at the Chipotle Next Kitchen in Manhattan, New York, U.S., June 28, 2018.
Netflix could top subscriber expectations: Analyst
Netflix (NFLX) is primed to beat U.S. subscriber growth expectations in the second-quarter. That’s according to Piper Jaffray Analyst Michael Olson who reiterated his overweight rating and $440 price target on shares.
Tesla shares get a bump ahead of its annual shareholder meeting
Tesla (TSLA) shares got a bump on Monday after Roth Capital upgraded shares to “Buy” with a $238 price target, with shares up 4% at market close. Other analysts have recently expressed a more bullish outlook ahead of the company's annual shareholder meeting on Tuesday. The positive view follows months of analysts downgrading the stock and slashing its price targets. That includes Morgan Stanley analyst Adam Jonas, who in May warned the stock could fall to just $10 in a worst-case scenario.
Guggenheim gets bullish on Zillow's Offers business
Online real estate company Zillow (ZG) scored a vote of confidence Wednesday from Guggenheim Analyst Jake Fuller, who upgraded the stock to “buy” and introduced a new price target of $45 a share. In a note to investors, Fuller highlighted the company's growing home-buying service, Offers. “It may take years to fully realize the vision, but we believe ZG is off to a strong start,” Fuller said.
UBS gets bullish on Disney+ ahead of earnings
Wall Street is getting bullish on Disney ahead of its Q2 earnings report on Wednesday. The media giant is expected to post quarterly earnings of $1.57 per share with revenue of $14.5 billion, according to Bloomberg-compiled estimates. UBS analyst John Hodulik reiterated his buy rating and boosted his price target to $165 from $128.
Alphabet's Q1 earnings get a bearish response from Stifel
Alphabet’s (GOOG) lackluster first-quarter earnings brought out the bears Tuesday. Stifel downgraded Google’s parent company to “hold” and maintained a price target of $1,287. Alphabet posted revenue of $36.3 billion, about $1 billion short of the $37.3 billion analysts had expected. Just 17% higher than a year ago, the increase marks the slowest growth the company’s seen since 2015.
Skip CEO: We Do Scooters Without 'Controversy and Complaints'
Skip, an underdog among the electric scooter companies jockeying for position in the "micro-mobility" market, won a coveted permit this week to operate as part of San Francisco's pilot program by using an old-fashioned strategy at odds with the "move fast and break things" ethos of Silicon Valley: be nice and follow the rules.
Latest Investment Products Use A.I. to Analyze Market Trends
Artificial intelligence capabilities have grown exponentially in recent years, and the industry may soon disrupt the asset management sector. Art Amador, EquBot co-founder and COO, is confident the growth will continue ー primarily because machines do all that humans cannot. "It's impossible for even an army of research analysts to really do what the machine is doing," Amador said Monday in an interview on Cheddar.
Water Main Ruptures Causes Flooding In Los Feliz
Water Main Ruptures Causes Flooding In Los Feliz By Bridgette Webb, Ledger Contributor Writer June 2015 A water main break in Westwood flooded the UCLA campus. Photo courtesy of KTLA. LOS FELIZ–This morning numerous water main breaks were reported throughout Los Angeles including the Los Feliz area. The pipe break occurred on the 3700 block of West Effingham Place at 11:45 p.m last night flooding at least one residence.
[CD4 Election] Rodney King, Community Policing and Body Cameras
[CD4 Election] Rodney King, Community Policing and Body Cameras By Colin Stutz, Ryan White, Bruce Haring and Bridgette Webb, Ledger Contributing Writers January 2015 Candidates Speak on the LAPD and Ferguson Since September, we’ve asked the Los Angeles City Council candidates for District 4 their thoughts on a variety of subjects.
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