Cheddar Morning Business Update 8/8: Samsung to unveil new smartphone

Posted: Updated:

NEW YORK - On Wall Street, markets are coming off 9 record high closes for the Dow.

Today investors are waiting for Disney to report its recent earnings after the closing bell.

Investors are particularly interested in the performance of ESPN, which recently laid off a lot of workers because of falling subscriber numbers.

Meanwhile, Google fired the male software engineer who wrote an internal memo that argued women aren't suited for tech jobs for "biological" reasons.

Lastly, Samsung is unveiling a new, more rugged version of its flagship smartphone, with a thicker frame and heftier feel.

  • BusinessMore>>

  • France's Total buying Maersk Oil for $7.45 billion

    France's Total buying Maersk Oil for $7.45 billion

    Monday, August 21 2017 6:01 AM EDT2017-08-21 10:01:22 GMT
    Monday, August 21 2017 6:12 AM EDT2017-08-21 10:12:20 GMT
    French oil company Total is strengthening its position in the North Sea with the acquisition of Danish conglomerate AP Moller-Maersk's oil business for $7.45 billion.
    French oil company Total is strengthening its position in the North Sea with the acquisition of Danish conglomerate AP Moller-Maersk's oil business for $7.45 billion.
  • Reports: China accuses luxury e-retailer of smuggling

    Reports: China accuses luxury e-retailer of smuggling

    Monday, August 21 2017 12:11 AM EDT2017-08-21 04:11:12 GMT
    Monday, August 21 2017 6:01 AM EDT2017-08-21 10:01:39 GMT
    Chinese news reports say the founder of an online luxury retailer has been charged with smuggling luxury goods into China by having travelers pretend they were personal belongings.
    Chinese news reports say the founder of an online luxury retailer has been charged with smuggling luxury goods into China by having travelers pretend they were personal belongings.
  • World shares mostly down ahead of key central banker meeting

    World shares mostly down ahead of key central banker meeting

    Monday, August 21 2017 2:11 AM EDT2017-08-21 06:11:22 GMT
    Monday, August 21 2017 6:01 AM EDT2017-08-21 10:01:36 GMT
    Asian stocks are mixed as investors keep wary eye on joint military drills between U.S. and South Korean forces and await key meeting of central bankers later this week.
    Asian stocks are mixed as investors keep wary eye on joint military drills between U.S. and South Korean forces and await key meeting of central bankers later this week.
sorry to interrupt
your first 5 are free
Access to News 12 is free for Optimum, Comcast®, Time Warner® and Service ElectricSM customers.
Please enjoy 5 complimentary views of articles, photos, and videos during the next 30 days.
you have reached your 5 view limit
Access to News 12 is free for Optimum, Comcast®, Time Warner® and Service ElectricSM customers.
Please login, create an account or subscribe to continue enjoying News12.
Our sign-up page is undergoing maintenance and is not currently available. However, you will be given direct access to news12.com while we complete our upgrade.
When we are back up and running you will be prompted at that time to complete your sign in. Until then, enjoy the local news, weather, traffic and more that's "as local as local news gets."