Cheddar Afternoon Business Report: Coach, Disney, Tamagotchis

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

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  • Germany looking to sell costly, rarely used drone to Canada

    Germany looking to sell costly, rarely used drone to Canada

    Monday, September 24 2018 10:41 AM EDT2018-09-24 14:41:55 GMT
    Wednesday, September 26 2018 3:23 AM EDT2018-09-26 07:23:16 GMT
    (Armin Weigel/dpa via AP, file). FILE-- In this Thursday, July 21, 2011 photo a recce drone 'Euro Hawk' is moved at the air base in Manching, Germany. Germany wants to sell a second-hand drone that’s cost the country over 700 million euros ($823 millio...(Armin Weigel/dpa via AP, file). FILE-- In this Thursday, July 21, 2011 photo a recce drone 'Euro Hawk' is moved at the air base in Manching, Germany. Germany wants to sell a second-hand drone that’s cost the country over 700 million euros ($823 millio...
    Germany wants to sell Canada a secondhand drone that's cost over 700 million euros ($823 million) _ without many core components it needs to fly.
    Germany wants to sell Canada a secondhand drone that's cost over 700 million euros ($823 million) _ without many core components it needs to fly.
  • Into the fold? What's next for Instagram as founders leave

    Into the fold? What's next for Instagram as founders leave

    Tuesday, September 25 2018 5:32 PM EDT2018-09-25 21:32:39 GMT
    Wednesday, September 26 2018 3:14 AM EDT2018-09-26 07:14:29 GMT
    (AP Photo/Jeff Chiu, File). FILE - In this Tuesday, June 19, 2018, file photo, Kevin Systrom, CEO and co-founder of Instagram, prepares for an announcement about IGTV in San Francisco. In a statement late Monday, Sept. 24, 2018, Systrom said in a state...(AP Photo/Jeff Chiu, File). FILE - In this Tuesday, June 19, 2018, file photo, Kevin Systrom, CEO and co-founder of Instagram, prepares for an announcement about IGTV in San Francisco. In a statement late Monday, Sept. 24, 2018, Systrom said in a state...
    The departure of Instagram's founders underscores the degree to which Facebook has already put its stamp on the photo-sharing service it acquired in 2012, as well as the big plans it has in store.
    The departure of Instagram's founders underscores the degree to which Facebook has already put its stamp on the photo-sharing service it acquired in 2012, as well as the big plans it has in store.
  • Europe tech firms urge tougher rules to offset US dominance

    Europe tech firms urge tougher rules to offset US dominance

    Tuesday, September 25 2018 7:32 AM EDT2018-09-25 11:32:37 GMT
    Wednesday, September 26 2018 2:25 AM EDT2018-09-26 06:25:02 GMT
    European tech companies call on EU officials to toughen up proposed legislation aimed at combating US dominance.
    European tech companies call on EU officials to toughen up proposed legislation aimed at combating US dominance.
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