Nelson Peltz's Trian unveiled today a $2.5 billion stake in General Electric (GE). The investment, the largest in the hedge fund's history, is generally supportive of the current management's strategy. (CNBC)
American Apparel has , crippled by huge debts, a precipitous fall in sales, employee strife, and a drawn-out legal battle with the retailer's ousted founder. (NY Times)
Potash (POT) has for German rival K+S, due to resistance to the offer and the overall commodity and equity market decline since May, when the overture was first made. (Reuters)
Glencore shares were up 7 percent in London, after rocketing 72 percent higher in Hong Kong, on hopes the beleaguered trader and miner would be able to cut debt with agricultural assets sales. (Reuters)
Two top Volkswagen engineers, who found they could not deliver as promised a clean diesel engine for the U.S. market, are at the center of a company investigation into emissions cheating. (WSJ)
Soaked South Carolina residents were still knee-deep in deadly floodwaters this morning, after an historic drenching that was supercharged by the effects of offshore Hurricane Joaquin. (NBC News)
Democratic presidential frontrunner Hillary Clinton is set to unveil a sweeping gun control proposal today, including closing the "gun show loophole" and allowing victims of gun violence to sue firearm makers. (NBC News)
Donald Trump remains ahead in the early Republican nominating contests of Iowa and New Hampshire, but his lead has shrunk from a month ago, according to new NBC News/Wall Street Journal/Marist polls of these two states.
The average out-of-network ATM fee stands now at $4.52, up 4 percent from last year and 21 percent since 2010, according to a new report from Bankrate.com, a personal finance site that tracks banking costs.
This week's relatively light economic calendar kicks off this morning, with the ISM non-manufacturing index at 10 a.m. ET expected to show a 57.7 reading for September, compared to 59.0 in August. Investors will also be closely watching international trade data tomorrow, as well as weekly jobless claims and Fed minutes on Thursday.
Tesla (TSLA) reported deliveries of 11,580 vehicles during the third quarter, a 49 percent increase over last year, bringing sales to just over 33,000 for the first nine months of the year. The electric automaker could need a major push to reach its goal of 50,000-55,000 vehicle sales for 2015.
Ford (F) and the United Auto Workers union reached an agreement to avoid a walkout at the Kansas City, Missouri factory that builds Ford's F-150 pickup trucks. Meanwhile, UAW members at Deere (DE) approved a new six-year labor agreement, covering workers in three states.
Gene therapy from Spark Therapeutics (ONCE) for rare, inherited forms of blindness met the goals of a late-stage study, and the company plans to file for U.S. regulatory approval next year.
St. Jude Medical (STJ) received an FDA warning letter regarding the manufacture of some devices at its Atlanta plant. St Jude said it plans to continue to make and ship product from the facility.
For the first time in the 60 years since Disneyland opened, Walt Disney (DIS) is considering switching to demand-based pricing at its domestic theme parks. That's according to the Wall Street Journal.
The divisive response to Aaron Sorkin and Danny Boyle's new movie "Steve Jobs" from people who knew the Apple co-founder continues; a report in the Wall Street Journal claims Laurene Powell Jobs, Steve's widow, tried to block the biopic.
Alphabet (GOOGL) late Friday, as the publicly traded holding company that houses Google's search and other Internet businesses separate from its moonshot ventures. (Reuters)