GoPro (GPRO) shares were losing more than a quarter of their value in premarket trading, after the action-video cameramaker announced an earnings warning and plans to cut its workforce by 7 percent. (CNBC)
In a note to clients on GroPro, Goldman Sachs said it cut three years' worth of earnings estimates on the company and slashed its price target on the stock nearly in half. (CNBC)
Sears Holdings (SHLD) is closing a number of stores, primarily Kmart locations, across the U.S., as part of an annual review of its store network and ongoing efforts by the struggling retailer to cut costs. (Reuters)
Apple (AAPL) stock has fallen more than 22 percent in the past six months, while Alphabet (GOOGL), parent of Google, has seen an almost equal but opposite move. While Apple remains the world's most valuable company, Alphabet is narrowing the gap. (CNBC)
Tesla (TSLA), in response to consumer concerns about slaughtering animals for leather seats, is offering a synthetic leather option, a shade the electric automaker calls Ultra White. (NY Times)
A loan from Goldman Sachs, not disclosed in campaign finance reports, helped fund the 2012 Senate bid of GOP presidential hopeful Ted Cruz, according to The New York Times.
Tonight's Republican presidential debate in North Charleston, South Carolina, is the sixth of the primary season, but the next-to-last before the Feb. 1 Iowa caucuses. (NY Times)
Indonesia's capital city of Jakarta was rocked by a bomb and gun attack today that left at least seven police officers and civilians dead. The latest attack focused on the central business district, including a shopping mall. (CNBC)