Here are five things you must know for Tuesday, Nov. 7:
A spinoff of the business is also a possibility, the sources told Reuters. GE also could decide to keep the business.
GE declined to comment for the Reuters story.
CEO John Flannery has been looking for divestitures to meet his goal of identifying more than $20 billion worth of assets for GE, Reuters noted.
Here's what you should expect from Snap's earnings:
CNBC reported on Monday that Fox has been in talks with Disney to sell its TV production business as well as the 20th Century Fox movie studio, and certain cable networks and international assets. According to CNBC, the deal wouldn't include the Fox broadcast network, its sports programming group or the Fox News Channel.
For Iger, who is scheduled to relinquish his position atop Disney in July 2019, the deal would be as transforming and significant as his ambitious and highly successful acquisitions of Pixar Animation Studios Inc., Marvel Entertainment Inc. and Lucasfilm Ltd., Lazaroff wrote.
Bloomberg and a number of other outlets said the two parties weren't talking anymore about a deal.
Fox shares closed nearly 10% higher on Monday following the CNBC report, while Disney shares gained 2%.
This story has been updated from 6:08 a.m. ET.
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