Cheddar afternoon business update 8/8: Time Inc., Amazon & Netflix

Posted: Updated:
EDISON -

Top afternoon business and technology headlines for Aug. 8, 2017.

  • Time Inc. says it will be posting lower-than-expected revenue and will cut another 300 workers.
  • Amazon is selling some self-produced products on its website for cheaper prices.
  • Netflix announces David Letterman will host a six-episode talk show. This comes as the company also announces a deal to buy comic book publisher Millarworld.
  • BusinessMore>>

  • 'The Hitman's Bodyguard' outdoes 'Logan Lucky' at box office

    'The Hitman's Bodyguard' outdoes 'Logan Lucky' at box office

    Sunday, August 20 2017 12:00 PM EDT2017-08-20 16:00:59 GMT
    Monday, August 21 2017 12:31 AM EDT2017-08-21 04:31:25 GMT
    The Samuel L. Jackson and Ryan Reynolds action comedy "The Hitman's Bodyguard" has taken the top spot at the box office this weekend with an estimated $21.6 million in grosses from 3,337 theaters according to...
    The Samuel L. Jackson and Ryan Reynolds action comedy "The Hitman's Bodyguard" has taken the top spot at the box office this weekend with an estimated $21.6 million in grosses from 3,337 theaters according to studio estimates Sunday.
  • Reports: China accuses luxury e-retailer of smuggling

    Reports: China accuses luxury e-retailer of smuggling

    Monday, August 21 2017 12:11 AM EDT2017-08-21 04:11:12 GMT
    Monday, August 21 2017 12:31 AM EDT2017-08-21 04:31:24 GMT
    Chinese news reports say the founder of an online luxury retailer has been charged with smuggling luxury goods into China by having travelers pretend they were personal belongings.
    Chinese news reports say the founder of an online luxury retailer has been charged with smuggling luxury goods into China by having travelers pretend they were personal belongings.
  • US, Canada, Mexico pledge quick work to update NAFTA

    US, Canada, Mexico pledge quick work to update NAFTA

    Sunday, August 20 2017 4:21 PM EDT2017-08-20 20:21:02 GMT
    Monday, August 21 2017 12:31 AM EDT2017-08-21 04:31:22 GMT
    U.S., Canadian and Mexican negotiators are pledging to work quickly to update the North American Free Trade Agreement, a 23-year-old pact that President Donald Trump has called the worst trade deal in history.
    U.S., Canadian and Mexican negotiators are pledging to work quickly to update the North American Free Trade Agreement, a 23-year-old pact that President Donald Trump has called the worst trade deal in history.
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