Earnings season picks up slowly this morning with PepsiCo (PEP) beating expectations on both the top and bottom lines and raising full-year growth targets. After the bell this afternoon, Yum Brands (YUM) reports. (CNBC)
In the multibillion-dollar industry of fantasy sports, DraftKings and FanDuel are defending their integrity, after accusations that employees were placing bets using information not available to the public. (NY Times)
Under pressure from activist investor Nelson Peltz, DuPont (DD) Chair and CEO Ellen Kullman announced plans to retire next week. The chemical giant also cut its outlook and accelerated plans to trim expenses. (Reuters)
With fuel prices lower, FedEx (FDX) has joined UPS (UPS) in raising its fuel surcharge ahead of the holiday shopping season. FedEx blames the move on heavier packages and a rise in residential deliveries. (WSJ-subscription)
Alphabet (GOOGL), Google's renamed parent, is set to back Symphony, the effort by big banks to dislodge Bloomberg's dominant position in Wall Street messaging. (FT)
Hillary Clinton's first ad to air on national cable highlights House Majority Leader Kevin McCarthy's misstep, linking the House Benghazi Committee to Clinton's political fortunes. (NBC News)
The freshly inked Trans-Pacific Partnership, the biggest trade pact in two decades encompassing 40 percent of the world economy, may take many years to yield results, analysts said. (CNBC)
South Carolina was expecting sunshine today, after days of historic and deadly rainfall. But it's still going to take weeks for the floodwaters to recede and things to return to normal. (AP)
The Nobel Prize for medicine has been shared between three scientists for groundbreaking work on key drugs used to fight parasitic diseases, one of whom becomes the first Chinese winner of the award. (FT)
The government releases its August trade deficit report at 8:30 a.m. ET, with forecasts calling for a gap in goods and services of $48.5 billion versus $41.9 billion in July.
Ahead of Thursday's release of the minutes from the Fed's September meeting, San Francisco Fed President John Williams speaks at 5:30 p.m. ET.
Retailers are no longer concerned with overall consumer spending during the year's largest selling season, according to PwC, as the divide between high- and low-income shoppers widens.
Container Store (TCS) late Monday reported earnings and revenue that missed expectations, pointing to negative effects of a stronger dollar and higher marketing expenses.
Illumina (ILMN) cut its sales outlook for the remainder of the year, with the genetic sequencing products company, citing a weak European market and Japan sales that aren't recovering as fast as expected.
SunEdison (SUNE) plans to cut about 15 percent of its workforce under a restructuring plan. The solar company said it'll take a charge of up to $40 million as a result.
Sony (SNE) said it would split off its image sensor business into a separate company. The unit, whose products are used in Apple's iPhone and other products, has been one of Sony's best performers in recent years.
General Mills (GIS) is recalling 1.8 million boxes of gluten-free Cheerios and Honey Nut Cheerios, because they contained wheat, which can sicken people with wheat allergies and celiac disease. (CNBC)