SAN FRANCISCO (KRON) — On today’s edition of Rob Black’s Winners and Losers, our financial expert Rob Black and KRON 4’s Mark Danon talk about why gasoline is so expensive, Al Jazeera America, and YouTube sensation PewDiePie.
Gasoline sold in California costs more than in the rest of the U.S. — sometimes dramatically so. That’s because the Golden State’s market is isolated from outside fuel suppliers that might moderate prices. The fuel market here is an economic island, and occasionally circumstances combine to make California’s gasoline even pricier than on the actual island of Hawaii.
Al Jazeera America, the American cable news outlet owned by Qatar-based Al Jazeera, plans to shut down less than three years after its much-ballyhooed launch, unable to overcome low ratings, operational problems and a lack of advertisers. As many as 700 staff members could lose their jobs.
Felix “PewDiePie” Kjellberg, the wildly popular YouTube star once called the“emperor” of the Internet by late-night comedian Stephen Colbert, is getting his own digital network. Revelmode will feature Kjellberg and a roster of like-minded online video creators. The company is being launched in collaboration with the Disney-owned Maker Studios, a digital entertainment company with a stable of social media and YouTube stars.
Black answers the question: Is GoPro a bargain now?