Cheddar Morning Business Update 10/9: Dove apologizes for racially insensitive ad

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  • Amazon could be getting into the prescription drug business. The company is reportedly close to deciding whether it will sell prescription drugs on its site. A move that would dramatically shake up the multi billion dollar prescription drug market and potentially bring prices down and reduce out of pocket costs for customers.
  • Tesla isn't the only tech company trying to help out in Puerto Rico in the wake of Hurricane Maria. The FCC gave Google's Alphabet permission to fly 30 massive balloons over the island as a way to bring emergency cellphone service. More than 90% of the island is still without service.
  • Dove apologized for racially insensitive ad for its body wash.  The ad has already been deleted from the company's Facebook page. It shows a black woman turning into a smiling white woman. Dove says it “Missed the mark in thoughtfully representing women of color.” 
  • BusinessMore>>

  • U.S. tax legislation fuels Santa rally in global stocks

    U.S. tax legislation fuels Santa rally in global stocks

    Monday, December 18 2017 12:49 AM EST2017-12-18 05:49:58 GMT
    Monday, December 18 2017 7:50 AM EST2017-12-18 12:50:06 GMT
    Asia share prices mostly higher on strong Japan trade data, week's end advance on Wall St.
    Asia share prices mostly higher on strong Japan trade data, week's end advance on Wall St.
  • Trump to unveil 'America First' national security strategy

    Trump to unveil 'America First' national security strategy

    Monday, December 18 2017 5:10 AM EST2017-12-18 10:10:01 GMT
    Monday, December 18 2017 7:44 AM EST2017-12-18 12:44:47 GMT
    President Donald Trump is poised to outline a national security strategy that envisions nations in a perpetual state of competition and de-emphasizes the multinational agreements that have dominated the United...
    President Donald Trump is poised to outline a national security strategy that envisions nations in a perpetual state of competition and de-emphasizes the multinational agreements that have dominated the United States' foreign policy since the Cold War.
  • 'Celebration of life' for San Francisco mayor who died at 65

    'Celebration of life' for San Francisco mayor who died at 65

    Sunday, December 17 2017 1:09 PM EST2017-12-17 18:09:41 GMT
    Monday, December 18 2017 7:44 AM EST2017-12-18 12:44:08 GMT
    Prominent US Democrats are expected to speak at a public celebration of the life of San Francisco Mayor Ed Lee.
    Prominent US Democrats are expected to speak at a public celebration of the life of San Francisco Mayor Ed Lee.
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