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Overnight Briefing & General Reality Check - Aug 8, 2019
August 8, 2019
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If you haven't heard, there's another 21 Sears and five Kmart stores closing. The company says they'll lock the doors for good in late October, although it promises they're working on a series of additional, smaller stores as they work to make the company more profitable.
Other business news: The Wall Street Journal reports FedEx is not gonna deliver your Amazon packages any more when their contract expires at the end of this month. This could be a potential problem for Amazon as the holiday season approaches with its zillions of package deliveries.
However, Amazon says it'll use other carriers and its own network --and doesn't forsee any problems with its Amazon Prime one-day shipping.As you probably know, this year's Emmy Awards are scheduled for Sun, Sep 22, on Fox TV, and yesterday Fox CEO CHARLIE COLLIER took some quality time to announce that there'll be no host. As you know, the drama "Game of Thrones" is up for an amazing 14 Emmys, including nine for acting and three for directing, followed by the limited movie, "When They See Us" with 11, and the comedy "Barry" with nine. Pop TV also received its first Primetime Emmy nominations for its show, "Schitt's Creek."
WESLEY SNIPES will be playing an African general in EDDIE MURPHY's upcoming "Coming to America" sequel. In the sequel, Eddie's character, Prince Akeem is going become king of the fictional country of Zamunda because his father is dying --and then he discovers he has a son he never knew about in America-- a street-savvy Queens native named Lavelle. So, because his father's dying wish is to meet and develop his grandson as the crown prince, Akeem sets off to find him in America.
In other movie news, yesterday Disney CEO BOB IGER announced that now that Disney has acquired most of the Fox properties, they would be making sequels or reboots of some of Fox's biggest movies, including "Night at the Museum," "Diary of a Wimpy Kid," "Home Alone" and "Cheaper by the Dozen." Not for theatres --Iger says they plan to release them for the studio's upcoming streaming service, Disney+. No word on whether the reboots or sequels will be feature-length films or TV series.
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