Panera gobbles up rival Au Bon Pain
Panera Bread may have just won the soup and sandwich battle. It is buying rival Au Bon Pain. Both chains are fast-casual chains known for their sandwiches, salads, soups and pastries. Au Bon Pain currently has 304 locations worldwide, including many in hospitals, universities, transportation hubs and urban office buildings.
The Trump administration is saying for the $85 billion merger of AT&T and Time Warner to go through, Time Warner has to sell a group of channels including CNN. AT&T could also sell off DirecTV, which is unlikely as AT&T just bought it. Some are crying foul, saying President Trump’s personal issue with CNN is at the heart of the demand. But the Department of Justice says the merger would be too much consolidation in media.
This holiday season could be a great one for toys. NPD group says toys are already flying off shelves and sales are expected to grow 4.5 percent over last year. Analysts say 2017 may go down in history as the year of movie-licensed toys, especially boys' action toys like Spider-Man, "Cars" and Transformers.
"Harry Potter: Wizards Unite" will launch in 2018 as a joint venture between gaming company Niantic and Warner Bros. TechCrunch first reported the news. There aren’t many details about how the game would work but it is expected to have some augmented reality.