Cheddar morning business report 11/13: ESPN brings ‘SportsCenter’ to Snapchat

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EDISON -

Top morning business and technology headlines for Nov. 13, 2017:

  • Hasbro wants to buy Mattel and has made an offer, according to “The Wall Street Journal.” Neither side is commenting, but if true, the deal would bring together two of the best known children’s brands behind names like My Little Pony, Barbie and Hot Wheels. 
  • Jack Ma did it again. Alibaba’s Singles’ Day, a made-up online shopping holiday in China, brought in a record $25.4 billion on Saturday, more than Cyber Monday and Amazon Prime Day combined. New this year, more than 40 percent of the brands that took part came from outside China.
  • ESPN's “SportsCenter” is coming to Snapchat. The show launches Monday at 5 p.m. on the app. Other networks, including NBC, have poured millions of dollars into bringing their content to Snapchat’s younger audience.

  • BusinessMore>>

  • UK top diplomat warns no Brexit deal 'now a very real risk'

    UK top diplomat warns no Brexit deal 'now a very real risk'

    Monday, July 23 2018 6:25 AM EDT2018-07-23 10:25:33 GMT
    Monday, July 23 2018 7:41 AM EDT2018-07-23 11:41:37 GMT
    (AP Photo/Markus Schreiber). Britain's Foreign Minister Jeremy Hunt briefs the media after a meeting with German Foreign Minister Heiko Maas at the foreign ministry in Berlin, Germany, Monday, July 23, 2018.(AP Photo/Markus Schreiber). Britain's Foreign Minister Jeremy Hunt briefs the media after a meeting with German Foreign Minister Heiko Maas at the foreign ministry in Berlin, Germany, Monday, July 23, 2018.
    Britain's top diplomat is warning that the country could crash out of the European Union next year without an agreement on future relations with Brussels, causing economic and political damage on both sides.
    Britain's top diplomat is warning that the country could crash out of the European Union next year without an agreement on future relations with Brussels, causing economic and political damage on both sides.
  • Ailing auto CEO Marchionne had multiple roles, no script

    Ailing auto CEO Marchionne had multiple roles, no script

    Sunday, July 22 2018 8:59 AM EDT2018-07-22 12:59:18 GMT
    Monday, July 23 2018 7:41 AM EDT2018-07-23 11:41:29 GMT
    (AP Photo/Luca Bruno, file). FILE - In this Friday, June 1, 2018 file photo, Fiat Chrysler CEO Sergio Marchionne speaks during a press conference at the FCA headquarter, in Balocco, Italy. The boards of Fiat Chrysler, Ferrari and CNH Industrial have be...(AP Photo/Luca Bruno, file). FILE - In this Friday, June 1, 2018 file photo, Fiat Chrysler CEO Sergio Marchionne speaks during a press conference at the FCA headquarter, in Balocco, Italy. The boards of Fiat Chrysler, Ferrari and CNH Industrial have be...
    Fiat Chrysler Automobiles chairman has written a letter to the carmaker's employees to inform them that long-time CEO Sergio Marchionne's condition has worsened, preventing him from returning to the company he...
    Fiat Chrysler Automobiles chairman has written a letter to the carmaker's employees to inform them that long-time CEO Sergio Marchionne's condition has worsened, preventing him from returning to the company he created through a merger.
  • Asian stocks fall as trade tensions take center stage

    Asian stocks fall as trade tensions take center stage

    Monday, July 23 2018 12:35 AM EDT2018-07-23 04:35:06 GMT
    Monday, July 23 2018 7:40 AM EDT2018-07-23 11:40:51 GMT
    (AP Photo/Lee Jin-man). A currency trader walks by the screen showing the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Monday, July 23, 2018. Asian markets were mostly lower ...(AP Photo/Lee Jin-man). A currency trader walks by the screen showing the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Monday, July 23, 2018. Asian markets were mostly lower ...
    Asian stocks lower as trade tensions take center stage at G-20.
    Asian stocks lower as trade tensions take center stage at G-20.
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