Cheddar afternoon business update 12/5: OWN Network, Lyft & GM

Posted: Updated:
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Top afternoon business and technology headlines for Dec. 5.

  • Discovery Communications now owns 70 percent of Oprah Winfrey’s “OWN” Network. Winfrey will stay on as CEO of the network through 2025.
  • Corporate employees of ride-sharing company Lyft must drive for the company at least four hours every three months in order to gain perspective of the drivers.
  • Automaker GM is launching an in-vehicle marketplace that allows drivers to order food from behind the wheel.
  • BusinessMore>>

  • Rising oil prices haven't hurt the US economy so far

    Rising oil prices haven't hurt the US economy so far

    Friday, September 21 2018 10:12 AM EDT2018-09-21 14:12:16 GMT
    Friday, September 21 2018 7:43 PM EDT2018-09-21 23:43:18 GMT
    Higher oil prices hurt consumers, but modest increases don't have to crimp the economy.
    Higher oil prices hurt consumers, but modest increases don't have to crimp the economy.
  • APNewsBreak: Army misses 2018 recruiting goal

    APNewsBreak: Army misses 2018 recruiting goal

    Friday, September 21 2018 10:30 AM EDT2018-09-21 14:30:10 GMT
    Friday, September 21 2018 7:35 PM EDT2018-09-21 23:35:05 GMT
    The Army has missed its recruiting goal for the first time in more than a decade.
    The Army has missed its recruiting goal for the first time in more than a decade.
  • UK leader May hits back on Brexit plan; pound falls

    UK leader May hits back on Brexit plan; pound falls

    Friday, September 21 2018 4:29 AM EDT2018-09-21 08:29:56 GMT
    Friday, September 21 2018 7:23 PM EDT2018-09-21 23:23:17 GMT
    (AP Photo/Kerstin Joensson). British Prime Minister Theresa May looks to passing by heads of government after the family photo at the informal EU summit in Salzburg, Austria, Thursday, Sept. 20, 2018.(AP Photo/Kerstin Joensson). British Prime Minister Theresa May looks to passing by heads of government after the family photo at the informal EU summit in Salzburg, Austria, Thursday, Sept. 20, 2018.
    British Prime Minister Theresa May's Brexit blueprint is in tatters after it was rejected by the European Union at a summit U.K. media branded a "humiliation.".
    British Prime Minister Theresa May's Brexit blueprint is in tatters after it was rejected by the European Union at a summit U.K. media branded a "humiliation.".
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