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>>

  • Silenced forever: Saudi Arabia admits Khashoggi is dead

    Silenced forever: Saudi Arabia admits Khashoggi is dead

    Saturday, October 20 2018 12:40 AM EDT2018-10-20 04:40:23 GMT
    Saturday, October 20 2018 2:58 AM EDT2018-10-20 06:58:53 GMT
    (Metafora Production via AP). In this image made from a March 2018 video provided by Metafora Production, Jamal Khashoggi speaks during an interview at an undisclosed location. Eighteen days after Khashoggi disappeared, Saudi Arabia acknowledged early ...(Metafora Production via AP). In this image made from a March 2018 video provided by Metafora Production, Jamal Khashoggi speaks during an interview at an undisclosed location. Eighteen days after Khashoggi disappeared, Saudi Arabia acknowledged early ...
    Influential voice on Saudi affairs is silenced forever as Saudi Arabia admits writer Jamal Khashoggi was killed inside its consulate in Istanbul.
    Influential voice on Saudi affairs is silenced forever as Saudi Arabia admits writer Jamal Khashoggi was killed inside its consulate in Istanbul.
  • What's next for Paul Allen's big investments? It's not clear

    What's next for Paul Allen's big investments? It's not clear

    Thursday, October 18 2018 5:18 PM EDT2018-10-18 21:18:55 GMT
    Saturday, October 20 2018 2:12 AM EDT2018-10-20 06:12:56 GMT
    (AP Photo/Elaine Thompson, File). FILE- In this Dec. 13, 2011, file photo Microsoft co-founder Paul Allen looks across at a model of a giant airplane and spaceship he plans on building, during a news conference about the plane in Seattle. Prior to his ...(AP Photo/Elaine Thompson, File). FILE- In this Dec. 13, 2011, file photo Microsoft co-founder Paul Allen looks across at a model of a giant airplane and spaceship he plans on building, during a news conference about the plane in Seattle. Prior to his ...
    What's next for Paul Allen's technology, research and philanthropy commitments? It's not clear.
    What's next for Paul Allen's technology, research and philanthropy commitments? It's not clear.
  • Silenced forever: Saudi Arabia admits Khashoggi is dead

    Silenced forever: Saudi Arabia admits Khashoggi is dead

    Friday, October 19 2018 9:59 PM EDT2018-10-20 01:59:37 GMT
    Saturday, October 20 2018 12:41 AM EDT2018-10-20 04:41:22 GMT
    (Metafora Production via AP). In this image made from a March 2018 video provided by Metafora Production, Jamal Khashoggi speaks during an interview at an undisclosed location. Eighteen days after Khashoggi disappeared, Saudi Arabia acknowledged early ...(Metafora Production via AP). In this image made from a March 2018 video provided by Metafora Production, Jamal Khashoggi speaks during an interview at an undisclosed location. Eighteen days after Khashoggi disappeared, Saudi Arabia acknowledged early ...
    Influential voice on Saudi affairs is silenced forever as Saudi Arabia admits writer Jamal Khashoggi was killed inside its consulate in Istanbul.
    Influential voice on Saudi affairs is silenced forever as Saudi Arabia admits writer Jamal Khashoggi was killed inside its consulate in Istanbul.
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