Cheddar Morning Business Update 11/10: Disney announces new Star Wars trilogy films

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  • The Senate's plan delays the tax cuts for businesses until 2019. Stock markets have been rallying since President Trump got elected on expectations he'll ease regulation on businesses and slash corporate taxes as a top priority.
  • Uber's new CEO says he wants the company to go public in 2019. Dara Kazrashahi made the news yesterday. Uber's currently valued at $17 billion. Uber is also testing a premium support hotline for its more frequent riders.
  • Disney announced it plans to release a new Star Wars trilogy once the current saga wraps up. The new trilogy will have “new characters from a corner of the galaxy that Star Wars lore has never before explored.” Disney also says its new streaming service including an original Star Wars series.
  • BusinessMore>>

  • Asian stocks tumble after Wall Street skids, China slows

    Asian stocks tumble after Wall Street skids, China slows

    Thursday, October 18 2018 10:18 AM EDT2018-10-18 14:18:56 GMT
    Sunday, October 21 2018 9:05 AM EDT2018-10-21 13:05:59 GMT
    (AP Photo/Richard Drew, File). FILE- In this Oct. 11, 2018, file photo trader Peter Mazza, left, works with trader Daniel Trimble on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Oct. 18.(AP Photo/Richard Drew, File). FILE- In this Oct. 11, 2018, file photo trader Peter Mazza, left, works with trader Daniel Trimble on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Oct. 18.
    US stocks are falling as interest rates turn higher again and industrial companies including Textron report disappointing third-quarter results.
    US stocks are falling as interest rates turn higher again and industrial companies including Textron report disappointing third-quarter results.
  • CEO of mining company tears into analysts during rant

    CEO of mining company tears into analysts during rant

    Friday, October 19 2018 3:09 PM EDT2018-10-19 19:09:38 GMT
    Sunday, October 21 2018 8:43 AM EDT2018-10-21 12:43:29 GMT
    The CEO of mining company Cleveland-Cliffs went on a rant against Wall Street analysts, saying they can't read numbers and should resign.
    The CEO of mining company Cleveland-Cliffs went on a rant against Wall Street analysts, saying they can't read numbers and should resign.
  • Brexit minister urges UK Conservatives to unite behind May

    Brexit minister urges UK Conservatives to unite behind May

    Britain's Brexit Secretary has said that talks about the U.K.'s exit from the European Union must be tied up by the end of next month to allow enough time for new laws to be put in place.
    Britain's Brexit Secretary has said that talks about the U.K.'s exit from the European Union must be tied up by the end of next month to allow enough time for new laws to be put in place.
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