Cheddar morning business update 10/11: ‘Time’ scales back circulation of some of its magazines

Posted: Updated:
EDISON -

Top morning business and technology headlines for Oct. 11, 2017:

  • Less is more when it comes to traditional magazines. “The Wall Street Journal” reports that “Time” will cut the circulation on some of its most popular titles, including “Time” magazine. It will also publish some other magazines less often, including “Sports Illustrated,” “Entertainment Weekly” and “Fortune.” 
  • During its annual Investor Day, Walmart said it's creating a new website and plans to increase online sales by 40 percent in just the next two years. Walmart is also doubling the number of grocery pick-up locations in the U.A.
  • McDonald's 1998 Szechuan Sauce could be making a more permanent comeback. The chain quickly ran out of supplies when it brought back the sauce for a one day promotion. Many fans of the sauce - and the show “Rick and Morty,” whose main character loves it - took to social media to express their disappointment. McDonald's promised to "make things right" with a larger rollout this winter.

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