Cheddar morning business report 11/9: DOJ reportedly stalls AT&T, Time Warner purchase

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EDISON -

Top morning business and technology headlines for Nov. 9, 2017:

  • The United States Justice of Department is reportedly putting the brakes on AT&T's planned purchase of Time Warner. That is unless Time Warner sells the Turner TV unit, which includes CNN. Some are questioning whether this is all about politics. President Donald Trump has often called CNN “fake news.”
  • Goldman Sachs wants to make it easier for American businesses to invest in China. The bank tells CNBC that it's working with the China Investment Corporation to establish a $5 billion fund, so U.S. companies can have better access to the Chinese market.
  • Put away the Zombie fraps, and get ready for Starbuck's newest creations: Toasted White Chocolate Mocha and Chestnut Praline Chai Tea Latte. There's also a Candy Cane Whoopie Pie, which is made of two chocolate cakes with peppermint icing.
  • BusinessMore>>

  • California urges Trump to drop plan for weaker fuel standard

    California urges Trump to drop plan for weaker fuel standard

    Sunday, September 23 2018 11:51 PM EDT2018-09-24 03:51:31 GMT
    Tuesday, September 25 2018 1:26 AM EDT2018-09-25 05:26:11 GMT
    Doctors, environmental groups and California officials will weigh in on the Trump administration's proposal to roll back car-mileage standards at what could be a raucous hearing in a region with some of the...
    Doctors, environmental groups and California officials will weigh in on the Trump administration's proposal to roll back car-mileage standards at what could be a raucous hearing in a region with some of the nation's worst air pollution.
  • NTSB expected to determine cause of Air Canada close call

    NTSB expected to determine cause of Air Canada close call

    Tuesday, September 25 2018 1:22 AM EDT2018-09-25 05:22:15 GMT
    Tuesday, September 25 2018 1:25 AM EDT2018-09-25 05:25:48 GMT
    (NTSB via AP, File). FILE - This composite of file images released by the National Transportation Safety Board (NTSB) shows Air Canada flight 759 (ACA 759) attempting to land at the San Francisco International Airport in San Francisco on July 7, 2017. ...(NTSB via AP, File). FILE - This composite of file images released by the National Transportation Safety Board (NTSB) shows Air Canada flight 759 (ACA 759) attempting to land at the San Francisco International Airport in San Francisco on July 7, 2017. ...
    A US safety board meets to determine why an off-course Air Canada jet flew over four other jetliners in San Francisco.
    A US safety board meets to determine why an off-course Air Canada jet flew over four other jetliners in San Francisco.
  • Instagram co-founders resign from social media company

    Instagram co-founders resign from social media company

    Monday, September 24 2018 11:22 PM EDT2018-09-25 03:22:03 GMT
    Tuesday, September 25 2018 1:25 AM EDT2018-09-25 05:25:16 GMT
    The co-founders of Instagram are resigning their positions with the social media company.
    The co-founders of Instagram are resigning their positions with the social media company.
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