Cheddar Morning Business Update 12/1: Barnes and Noble goes back to basics

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EDISON -

Top morning business and technology headlines for Dec. 1, 2017:

  • Investors have their eyes on Capitol Hill Friday for any signs on whether the tax reform bill will pass. The DOW surged past the 24,000 mark Thursday for the first time ever on signs that Republicans will have enough votes to pass it. 
  • Barnes and Noble is getting back to basics.  Sales fell by about 6 percent in the last quarter, so now the book seller is thinking smaller stores focused on books. The company’s CEO says they want to declutter stores with fewer toys and games and other tchotchkes.
  • Domino's has announced it is launching a baby registry service where loved ones can buy dinner for expectant moms and dads. The move comes, fittingly, exactly nine months after the successful launch of Domino's wedding registry program. Gift packages include "hormonal and hungry" and "sleeping through the night.”
  • BusinessMore>>

  • 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 8:03 AM EDT2018-07-23 12:03:41 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.
  • Uber suspends driver who live-streamed St. Louis passengers

    Uber suspends driver who live-streamed St. Louis passengers

    Sunday, July 22 2018 9:59 PM EDT2018-07-23 01:59:53 GMT
    Monday, July 23 2018 8:03 AM EDT2018-07-23 12:03:11 GMT
    Ride-sharing company Uber has suspended a driver who recorded hundreds of St. Louis-area riders without their permission and streamed the live video online.
    Ride-sharing company Uber has suspended a driver who recorded hundreds of St. Louis-area riders without their permission and streamed the live video online.
  • Inspector warned duck boat company of design flaws last year

    Inspector warned duck boat company of design flaws last year

    Saturday, July 21 2018 6:13 PM EDT2018-07-21 22:13:02 GMT
    Monday, July 23 2018 8:02 AM EDT2018-07-23 12:02:39 GMT
    (AP Photo/Charlie Riedel). A man looks at an idled duck boat in the parking lot of Ride the Ducks Saturday, July 21, 2018 in Branson, Mo. One of the company's duck boats capsized Thursday night resulting in several deaths on Table Rock Lake.(AP Photo/Charlie Riedel). A man looks at an idled duck boat in the parking lot of Ride the Ducks Saturday, July 21, 2018 in Branson, Mo. One of the company's duck boats capsized Thursday night resulting in several deaths on Table Rock Lake.
    A private inspector says he warned the company operating duck boats in Missouri about serious design flaws, less than a year before the accident that killed 17 people.
    A private inspector says he warned the company operating duck boats in Missouri about serious design flaws, less than a year before the accident that killed 17 people.
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