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

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  • 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>>

  • Hearing reveals chilling details of fatal Southwest flight

    Hearing reveals chilling details of fatal Southwest flight

    Wednesday, November 14 2018 11:49 AM EST2018-11-14 16:49:05 GMT
    Wednesday, November 14 2018 7:12 PM EST2018-11-15 00:12:02 GMT
    Federal safety board hearing into deadly Southwest Airlines flight will focus on jet-engine fan blades.
    Federal safety board hearing into deadly Southwest Airlines flight will focus on jet-engine fan blades.
  • White House claims right to exclude 'grandstanding' Acosta

    White House claims right to exclude 'grandstanding' Acosta

    Wednesday, November 14 2018 11:59 AM EST2018-11-14 16:59:52 GMT
    Wednesday, November 14 2018 7:11 PM EST2018-11-15 00:11:26 GMT
    (AP Photo/Evan Vucci, File). FILE - In this Nov. 7, 2018, file photo, CNN journalist Jim Acosta does a standup before a new conference with President Donald Trump in the East Room of the White House in Washington. CNN sued the Trump administration Tues...(AP Photo/Evan Vucci, File). FILE - In this Nov. 7, 2018, file photo, CNN journalist Jim Acosta does a standup before a new conference with President Donald Trump in the East Room of the White House in Washington. CNN sued the Trump administration Tues...
    President Donald Trump's administration claims it has "broad discretion" to regulate access to the White House as it fends off a legal challenge from CNN and other outlets over the revocation of journalist Jim...
    President Donald Trump's administration claims it has "broad discretion" to regulate access to the White House as it fends off a legal challenge from CNN and other outlets over the revocation of journalist Jim Acosta's "hard pass.".
  • California's PG&E rocked as wildfire liability concerns rise

    California's PG&E rocked as wildfire liability concerns rise

    Wednesday, November 14 2018 3:39 PM EST2018-11-14 20:39:19 GMT
    Wednesday, November 14 2018 7:11 PM EST2018-11-15 00:11:24 GMT
    (AP Photo/Rich Pedroncelli). The California state Capitol is viewed through the smoke from the Camp Fire, Tuesday, Nov. 13, 2018, in Sacramento, Calif. Smoke from the Camp Fire, which has been burning since last Thursday nearly 90 miles north of Sacram...(AP Photo/Rich Pedroncelli). The California state Capitol is viewed through the smoke from the Camp Fire, Tuesday, Nov. 13, 2018, in Sacramento, Calif. Smoke from the Camp Fire, which has been burning since last Thursday nearly 90 miles north of Sacram...
    PG&E's stock has lost more than 20 percent of its value Wednesday after the utility said it does not have nearly enough insurance coverage if it is found liable for a Northern California wildfire.
    PG&E's stock has lost more than 20 percent of its value Wednesday after the utility said it does not have nearly enough insurance coverage if it is found liable for a Northern California wildfire.
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