Anheuser-Busch InBev (BUD) has reached an agreement to buy SABMiller for $105.5 billion. As part of the deal, SABMiller plans to sell its 58 percent stake in joint venture MillerCoors to partner Molson Coors (TAP). (CNBC)
Alibaba founder Jack Ma joins CNBC's "Squawk on the Street" for an interview, after he rings the opening bell on Wall Street remotely from China.
T-Mobile (TMUS) is offering subscribers free streaming from 24 popular video services, including Netflix (NFLX) and HBO, without using data. Notable omissions include YouTube, Facebook (FB), and Snapchat. (Re/code)
Snapchat was valued significantly lower than its $16 billion valuation by one of its biggest investors, Fidelity, amid growing uncertainty in recent months around Silicon Valley unicorns. (IB Times)
Starting at $799, the new larger Apple (AAPL) iPad Pro is available to order online today, with the device in stores later this week. Users can also order the Apple pencil and smart keyboard today. (9to5mac)
J.C. Penney (JCP) has agreed to settle a false advertising class action lawsuit brought on behalf of California customers who purchased certain private or exclusive branded products.
The New York State attorney general has ordered the two biggest daily fantasy sports companies, DraftKings and FanDuel, to stop accepting bets from state residents. (NY Times)
Safeway is trying to dissolve its partnership with startup Theranos. The supermarket chain has spent $350 million to build clinics to offer Theranos blood tests, which never began. (WSJ-subscription)
In the fourth GOP presidential debate, front-runners Donald Trump and Ben Carson notched positive moments last night, but so did establishment candidates Marco Rubio and Jeb Bush. (CNBC)
With mainstream Republicans struggling to overcome the rise of outsider candidates, some say the party could face something it hasn't seen in nearly 70 years: a brokered convention. (CNBC)
Up to 60 million Americans were facing the threat of severe weather today from a mix of snow, thunderstorms and even tornadoes in an area stretching from the Rocky Mountains to the Great Lakes. (NBC News)