Pharmaceutical entrepreneur Martin Shkreli was arrested by the FBI today, amid a federal investigation related to his former hedge fund and a drug company he previously headed. The charges are not related to the recent controversy that vilified Shkreli for a huge increase in the price of the drug Daraprim. (Reuters)
Pier 1 Imports (PIR) shares lost 20 percent in the premarket, after missing on revenue and cutting 2016 earnings guidance. The home goods retailer did, however, slightly beat on earnings. (CNBC)
Pandora (P) shares were up about 20 percent in premarket trading, after the Copyright Royalty Board imposed a music royalty hike that was a less-than-expected 20 percent increase for online broadcasters. (Reuters)
Facebook (FB) is partnering with Uber on a new transportation platform within the app. That means that when you're done chatting with friends or using the app to shop, you can also use it to hail a ride. (Re/code)
Chipotle (CMG) founder and co-CEO Steve Ells told CNBC there's no E. Coli in the restaurant chain's locations. "We have thoroughly tested our surfaces and we are confident that Chipotle is a safe place to eat," he added.
Third Avenue Management has reached an agreement with the SEC to provide investors with updated values on its Third Avenue Focused Credit Fund, as the firm unwinds the troubled junk bond fund over the next year or so. (WSJ)
The former Andy Warhol estate in the Hamptons has sold for $50 million. It's believed to be a record for the former fishing village of Montauk. The seller was J.Crew CEO Mickey Drexler.
The House is expected to vote today on a controversial tax bill as a first step toward passing a long-term spending measure for federal agencies and avoiding a government shutdown. (USA Today)
Very few uninsured Americans actually know the deadline for getting 2016 Obamacare coverage, according to a new survey. Only 7 percent were aware that open enrollment ends Jan. 31. (CNBC)
Cuba and the U.S. have reached an agreement to allow American commercial airlines to begin operating flights to the island for the first time in decades. (Washington Post)
Russian President Vladimir Putin, at his annual news conference, has accused Turkey of hiding behind the power of NATO rather than trying to fix deteriorating relations with Moscow. (CNBC)