Walgreens Boots Alliance (WBA) has agreed to buy rival drugstore chain Rite Aid (RAD) for $9.4 billion, as many health care companies look to cut costs and consolidate amid industry changes like Obamacare. (CNBC)
Northrop Grumman (NOC) has won an Air Force contract, worth up to $80 billion, to build the next-generation long range bomber. Meanwhile, Boeing (BA), which had also been in contention, is deciding whether to appeal. (Reuters)
Volkswagen shares rallied in Germany today, despite reporting an operating loss of $3.84 billion in the third quarter, as a scandal over falsifying its diesel emissions knocked the automaker's results. (CNBC)
The FDA said beleaguered biotech unicorn Theranos is shipping the company's blood collection device without the proper authorization across state lines. (CNBC)
In a CNBC op-ed ahead of tonight's GOP presidential debate, candidate Donald Trump made his case for why voters should put him in the White House, citing his leadership skills.
Watch CNBC's "Your Money, Your Vote: The Republican Presidential Debate" tonight. The debate features two sets of candidates discussing critical issues facing America today, including job growth, taxes and the health of our economy. Coverage begins at 5 p.m. ET this evening.
The House is expected to vote today on a bipartisan, two-year budget deal supported by the White House. Meanwhile, House Republicans are set to nominate Rep. Paul Ryan as the new speaker. (USA Today)
Education officials said the drop in math scores on a nationwide test was unexpected, but could be related to changes ushered in by the Common Core standards. (NY Times)