Cheddar Morning Business Update 10/9: Dove apologizes for racially insensitive ad

Posted: Updated:
  • Amazon could be getting into the prescription drug business. The company is reportedly close to deciding whether it will sell prescription drugs on its site. A move that would dramatically shake up the multi billion dollar prescription drug market and potentially bring prices down and reduce out of pocket costs for customers.
  • Tesla isn't the only tech company trying to help out in Puerto Rico in the wake of Hurricane Maria. The FCC gave Google's Alphabet permission to fly 30 massive balloons over the island as a way to bring emergency cellphone service. More than 90% of the island is still without service.
  • Dove apologized for racially insensitive ad for its body wash.  The ad has already been deleted from the company's Facebook page. It shows a black woman turning into a smiling white woman. Dove says it “Missed the mark in thoughtfully representing women of color.” 
  • BusinessMore>>

  • Chinese leader arrives for Africa visit as US interest wanes

    Chinese leader arrives for Africa visit as US interest wanes

    Saturday, July 21 2018 2:45 AM EDT2018-07-21 06:45:50 GMT
    Saturday, July 21 2018 1:18 PM EDT2018-07-21 17:18:07 GMT
    Chinese president arrives for Africa visit as US interest under Trump wanes.
    Chinese president arrives for Africa visit as US interest under Trump wanes.
  • Mnuchin: Overall US economy not harmed by trade battles

    Mnuchin: Overall US economy not harmed by trade battles

    Saturday, July 21 2018 12:46 PM EDT2018-07-21 16:46:18 GMT
    Saturday, July 21 2018 1:17 PM EDT2018-07-21 17:17:46 GMT
    (AP Photo/Victor R. Caivano). U.S. Treasury Secretary Steven Mnuchin attends a press gaggle with reporters in Buenos Aires, Argentina, Saturday, July 21, 2018. Mnuchin said Saturday that Donald Trump was not trying to put pressure on the Federal Reserv...(AP Photo/Victor R. Caivano). U.S. Treasury Secretary Steven Mnuchin attends a press gaggle with reporters in Buenos Aires, Argentina, Saturday, July 21, 2018. Mnuchin said Saturday that Donald Trump was not trying to put pressure on the Federal Reserv...
    US Treasury Secretary Steven Mnuchin said Saturday that the overall U.S. economy has not been harmed by the trade battles set off by President Donald Trump's get-tough policies although some individual sectors have...
    US Treasury Secretary Steven Mnuchin said Saturday that the overall U.S. economy has not been harmed by the trade battles set off by President Donald Trump's get-tough policies although some individual sectors have been hurt.
  • The Latest: Fiat Chrysler picks Jeep's Manley to replace CEO

    The Latest: Fiat Chrysler picks Jeep's Manley to replace CEO

    Saturday, July 21 2018 12:41 PM EDT2018-07-21 16:41:17 GMT
    Saturday, July 21 2018 1:17 PM EDT2018-07-21 17:17:24 GMT
    (AP Photo/Carlos Osorio, FILE). FILE - In this file photo dated Tuesday, Jan. 16, 2018, Mike Manley, head of Jeep Brand, introduces the 2019 Jeep Cherokee during the North American International Auto Show, in Detroit, USA.  Fiat Chrysler's board on Sat...(AP Photo/Carlos Osorio, FILE). FILE - In this file photo dated Tuesday, Jan. 16, 2018, Mike Manley, head of Jeep Brand, introduces the 2019 Jeep Cherokee during the North American International Auto Show, in Detroit, USA. Fiat Chrysler's board on Sat...
    Fiat Chrysler Automobiles' board of directors has recommended that Jeep executive Mike Manley executive replace seriously ill Sergio Marchionne as CEO of the automaker.
    Fiat Chrysler Automobiles' board of directors has recommended that Jeep executive Mike Manley executive replace seriously ill Sergio Marchionne as CEO of the automaker.
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