Cheddar Morning Business Update 11/13:Hasbro, Mattel reportedly in merger talks

Posted: Updated:
  • Hasbro reportedly wants buy Mattel and has made an offer, according to the Wall Street Journal. If true, the deal would bring together two of the best known kids' brands behind names like My Little Pony, Barbie and Hot Wheels.
  • Alibaba’s Singles’ Day—a made-up online shopping holiday in China, brought in a record $25.4 billion on Saturday.  A total crushing more than Cyber Monday and Amazon Prime Day combined. More than 40% of the brands taking part come from outside China.
  • ESPN's Sports Center is coming to Snapchat. The show launches today at 5 p.m. Other networks like NBC have poured millions of dollars into bringing their content to the younger Snapchat audience. 
  • BusinessMore>>

  • E. coli outbreak linked to romaine lettuce grows to 84 cases

    E. coli outbreak linked to romaine lettuce grows to 84 cases

    Wednesday, April 25 2018 8:38 PM EDT2018-04-26 00:38:35 GMT
    Wednesday, April 25 2018 11:43 PM EDT2018-04-26 03:43:45 GMT
    (AP Photo/Matthew Mead, File). FILE - This Jan. 24, 2012, file photo shows a plate of butternut Caesar salad with Romaine lettuce and roasted cubes of butternut squash. U.S. health officials say the E. coli outbreak linked to tainted romaine lettuce ha...(AP Photo/Matthew Mead, File). FILE - This Jan. 24, 2012, file photo shows a plate of butternut Caesar salad with Romaine lettuce and roasted cubes of butternut squash. U.S. health officials say the E. coli outbreak linked to tainted romaine lettuce ha...
    U.S. health officials say the E. coli outbreak linked to tainted romaine lettuce has grown and sickened 84 people from 19 states.
    U.S. health officials say the E. coli outbreak linked to tainted romaine lettuce has grown and sickened 84 people from 19 states.
  • With Cruise, 'A Quiet Place,' Paramount ready for a comeback

    With Cruise, 'A Quiet Place,' Paramount ready for a comeback

    Wednesday, April 25 2018 8:38 PM EDT2018-04-26 00:38:52 GMT
    Wednesday, April 25 2018 11:39 PM EDT2018-04-26 03:39:48 GMT
    (Jonny Cournoyer/Paramount Pictures via AP). This image released by Paramount Pictures shows John Krasinski, left, and Noah Jupe in a scene from "A Quiet Place."(Jonny Cournoyer/Paramount Pictures via AP). This image released by Paramount Pictures shows John Krasinski, left, and Noah Jupe in a scene from "A Quiet Place."
    Breakthrough thriller "A Quiet Place" is getting a sequel.
    Breakthrough thriller "A Quiet Place" is getting a sequel.
  • Stocks close mixed; Dow industrials end a losing streak

    Stocks close mixed; Dow industrials end a losing streak

    Wednesday, April 25 2018 10:18 AM EDT2018-04-25 14:18:18 GMT
    Wednesday, April 25 2018 11:39 PM EDT2018-04-26 03:39:15 GMT
    (AP Photo/Mark Lennihan, File). FILE- In this Jan. 2, 2018, file photo, a trader works at the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, April 25.(AP Photo/Mark Lennihan, File). FILE- In this Jan. 2, 2018, file photo, a trader works at the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, April 25.
    US stocks are falling again and other global indexes are also down as investors worry about the combination of rising costs for businesses and higher interest rates.
    US stocks are falling again and other global indexes are also down as investors worry about the combination of rising costs for businesses and higher interest rates.
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