Cheddar Afternoon Business Report 10/11: Coach, Disney, Tamagotchis

Posted: Updated:
NEW YORK -

Coach is rebranding itself as Tapestry effective Oct. 31. The company says the new name will better reflect the variety of its unique brands. Coach recently bought Kate Spade and Stuart Weitzman. 

Disney is reportedly signing deals with Hollywood movie studios to get films on its "Movies Anywhere" service, which lets customers buy movies and store them digitally to watch anywhere 

According to Bloomberg, 20th Century Fox, Warner Bros. and Universal Pictures will support Disney's service instead of competitor Ultra Violet.

The digital pocket pet Tamagotchi is returning to the United States for its 20th anniversary. The egg-shaped toy will be smaller than older versions but is meant to be nostalgic.

  • BusinessMore>>

  • New UK Brexit chief: We may not pay exit fee if no deal

    New UK Brexit chief: We may not pay exit fee if no deal

    Sunday, July 22 2018 2:33 AM EDT2018-07-22 06:33:55 GMT
    Sunday, July 22 2018 2:20 PM EDT2018-07-22 18:20:19 GMT
    (Stephanie Lecocq/Pool Photo via AP). Britain's newly appointed chief Brexit negotiator Dominic Raab, left, and EU's chief Brexit negotiator Michel Barnier speak to the media ahead of a meeting at the European Commission in Brussels, Thursday, July 19,...(Stephanie Lecocq/Pool Photo via AP). Britain's newly appointed chief Brexit negotiator Dominic Raab, left, and EU's chief Brexit negotiator Michel Barnier speak to the media ahead of a meeting at the European Commission in Brussels, Thursday, July 19,...
    Britain's new Brexit chief has suggested Britain might not pay its 39 billion pound ($51 billion) divorce bill if no trade agreement with the European Union is reached.
    Britain's new Brexit chief has suggested Britain might not pay its 39 billion pound ($51 billion) divorce bill if no trade agreement with the European Union is reached.
  • Ailing auto CEO Marchionne had multiple roles, no script

    Ailing auto CEO Marchionne had multiple roles, no script

    Sunday, July 22 2018 8:59 AM EDT2018-07-22 12:59:18 GMT
    Sunday, July 22 2018 2:20 PM EDT2018-07-22 18:20:18 GMT
    (AP Photo/Luca Bruno, file). FILE - In this Friday, June 1, 2018 file photo, Fiat Chrysler CEO Sergio Marchionne speaks during a press conference at the FCA headquarter, in Balocco, Italy. The boards of Fiat Chrysler, Ferrari and CNH Industrial have be...(AP Photo/Luca Bruno, file). FILE - In this Friday, June 1, 2018 file photo, Fiat Chrysler CEO Sergio Marchionne speaks during a press conference at the FCA headquarter, in Balocco, Italy. The boards of Fiat Chrysler, Ferrari and CNH Industrial have be...
    Fiat Chrysler Automobiles chairman has written a letter to the carmaker's employees to inform them that long-time CEO Sergio Marchionne's condition has worsened, preventing him from returning to the company he...
    Fiat Chrysler Automobiles chairman has written a letter to the carmaker's employees to inform them that long-time CEO Sergio Marchionne's condition has worsened, preventing him from returning to the company he created through a merger.
  • EU says trade differences remain despite G-20 talks

    EU says trade differences remain despite G-20 talks

    Sunday, July 22 2018 12:54 PM EDT2018-07-22 16:54:30 GMT
    Sunday, July 22 2018 2:19 PM EDT2018-07-22 18:19:59 GMT
    (AP Photo/Gustavo Garello). International Monetary Fund Director Christine Lagarde reaches out to embrace Jerome Powell, chairman of the Federal Reserve, as they gather for a group picture at the G20 Meeting of Finance Ministers in Buenos Aires, Argent...(AP Photo/Gustavo Garello). International Monetary Fund Director Christine Lagarde reaches out to embrace Jerome Powell, chairman of the Federal Reserve, as they gather for a group picture at the G20 Meeting of Finance Ministers in Buenos Aires, Argent...
    The European Financial Affairs Commissioner says that differences of position on trade remain despite talks between G-20 officials meeting in Argentina's capital.
    The European Financial Affairs Commissioner says that differences of position on trade remain despite talks between G-20 officials meeting in Argentina's capital.
sorry to interrupt
your first 20 are free
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please enjoy 20 complimentary views of articles, photos, and videos during the next 30 days.
you have reached your 20 view limit
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please login or create an account 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."