America Freezes Over, Howard Schultz Fails the 'Cereal Test' and Venmo Is the New Wedding Gift (60-Second Video)Here are three things entrepreneurs should know today.

ByPatrick Carone

  • The polar vortex has turned swathes of the countrycolder than Antarctica, paralyzing cities and leading to at least a dozen deaths. Always frigid Chicago is expected to match its 1985 record low of a bone-chilling -27°F.
  • Former Starbucks CEO霍华德原理图ultz, who is considering running for president in 2020,failed the infamous "cereal test"on MSNBC'sMorning Joeyesterday when he revealed he didn't know the price of a box of Cheerios. When told that is costs $4, Schultz looked surprised and said, "That's a lot."
  • Here comes the cash? TheNew York Postreports that millennial newlyweds increasingly want guests toVenmothem cash as wedding gifts, since everyone their age uses the mobile payment app. What, no one wants a stand mixer anyone?

Watch the previous 3 Things video:Facebook Pays to Track People, Cryptocurrency Scams Cost Users $1.7 Billion and Elon Musk's Jet Travel (60-Second Video)

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Patrick Carone

Entrepreneur Staff

Special Projects Director

Patrick Carone covers all aspects of entrepreneurship, specializing in the automotive, entertainment, hospitality, spirits and cannabis industries.

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