business news

Netflix is sliding following report Disney has been in talks to acquire parts of 21st Century Fox (DIS, NFLX, FOXA)

Disney has reportedly been in talks to acquire parts of 21st Century Fox. Netflix shares are slipping after the news. Disney is set to pull its content from Netflix to start its own streaming service in 2019. Watch shares of Netflix move in real time here. Shares of Netflix are sliding, down …

business news

JCPenney is opening earlier for Black Friday than almost any other retailer in the business (JCP)

JCPenney is opening at 2 p.m. on Thanksgiving Day and will stay open until 10 p.m. on Black Friday.  The 2 p.m. start time is an earlier kick-off than that of any other retailer that has announced Black Friday sales so far in 2017.    JCPenney stores are opening even earlier this year …

business news

Wilbur Ross will never understand why he’s unfit to be Commerce Secretary

Wilbur Ross’ close business ties to Putin’s family were revealed in the Paradise Papers, and now Ross is on a media blitz trying to undo the damage. Ross’s judgment — keeping his stake in a shipping company that counts Putin’s son-in-law as a client — goes against our expectations of public …

business news

Disney has reportedly been in talks to buy most of 21st Century Fox (DIS, FOXA)

Disney was recently in talks to buy most of 21st Century Fox, according to CNBC’s David Faber. The deal would trim 21st Century Fox’s assets into a more focused slate of news and sports networks to better compete in a changing media landscape, the report said. An acquisition would exclude …

business news

Amazon is using one of its biggest assets in an aggressive push ahead of the holiday season (AMZN)

Amazon sells millions of products on its website, but it also has a robust third-party-seller platform. Amazon has now started to offer discounts to customers purchasing select third-party items — and the retailer is picking up the difference. This is an especially aggressive push by the retailer, and it leverages …