Cheddar morning business update 9/7: Toys "R" Us considering filing for bankruptcy

Posted: Updated:
  • Lawmakers are paving the way self-driving cars on public roads. And those cars wouldn’t be required to have a driver behind the wheel. The House passed the Self Drive act, letting automakers deploy 25,000 self-driving cars without meeting existing safety standards. 
  • Gap is focusing on its athletic apparel brands, announcing it will close 200 Banana Republic and Gap stores within the next three years. The company plans to open about 270 Old Navy and Athleta stores in that timeframe. 
  • Toys "R" Us is considering filing for bankruptcy as it deals with hundreds of millions of dollars in debt. It comes ahead of the toy industry’s all-important holiday season, when many retailers earn about half of their yearly revenue.
  • BusinessMore>>

  • After Equifax, public shaming but GOP wary of new rules

    After Equifax, public shaming but GOP wary of new rules

    Friday, September 22 2017 3:48 AM EDT2017-09-22 07:48:01 GMT
    Friday, September 22 2017 5:39 AM EDT2017-09-22 09:39:35 GMT
    Prospects are good for a public shaming in the Equifax data breach, but it's unlikely Congress will institute sweeping new regulations after hackers accessed the personal information of an estimated 143 million...
    Prospects are good for a public shaming in the Equifax data breach, but it's unlikely Congress will institute sweeping new regulations after hackers accessed the personal information of an estimated 143 million Americans.
  • GOP health bill offers provisions aimed at helping 2 states

    GOP health bill offers provisions aimed at helping 2 states

    Thursday, September 21 2017 3:35 PM EDT2017-09-21 19:35:15 GMT
    Friday, September 22 2017 5:39 AM EDT2017-09-22 09:39:06 GMT
    An inscrutable provision in the Republican health care bill would apparently steer extra cash to Wisconsin, home state of the measure's co-sponsor.
    An inscrutable provision in the Republican health care bill would apparently steer extra cash to Wisconsin, home state of the measure's co-sponsor.
  • Off to Mexico? Prepare to wait at busiest US border crossing

    Off to Mexico? Prepare to wait at busiest US border crossing

    Friday, September 22 2017 3:35 AM EDT2017-09-22 07:35:39 GMT
    Friday, September 22 2017 5:39 AM EDT2017-09-22 09:39:02 GMT
    The busiest border crossing in the United States will close this weekend to the more than 40,000 cars that pass through it daily to Mexico.
    The busiest border crossing in the United States will close this weekend to the more than 40,000 cars that pass through it daily to Mexico.
sorry to interrupt
your first 5 are free
Access to News 12 is free for Optimum, Comcast®, Time Warner® and Service ElectricSM customers.
Please enjoy 5 complimentary views of articles, photos, and videos during the next 30 days.
you have reached your 5 view limit
Access to News 12 is free for Optimum, Comcast®, Time Warner® and Service ElectricSM customers.
Please login, create an account or subscribe to continue enjoying News12.
Our sign-up page is undergoing maintenance and is not currently available. However, you will be given direct access to news12.com while we complete our upgrade.
When we are back up and running you will be prompted at that time to complete your sign in. Until then, enjoy the local news, weather, traffic and more that's "as local as local news gets."