Twitter (TWTR) is planning to cut 8 percent of its workforce or about 300 jobs, according to a Bloomberg report. Meanwhile, Twitter said it would report earnings before-the-bell on Thursday, instead of after the close on Wall Street.
Netflix (NFLX) CEO Reed Hastings said he approved of AT&T's (T) planned $85 billion acquisition of Time Warner (TWX),as long as the video streaming service, which depends on broadband pipes owned by AT&T and others, continues to be treated fairly. (CNBC)
Count Verizon CEO Lowell McAdam among the fans of AT&T's planned acquisition of Time Warner. But he said that doesn't mean Verizon (VZ) is going to ramp up its media acquisitions. (CNET)
Syngenta (SYT) expects its $43 billion sale to ChemChina to go ahead as planned, but the approval and subsequent closure to stretch into 2017. The pesticides maker had originally hoped the deal would close by the end of the year. (CNBC)
A Chinese electronics maker has issued a recall for millions of products sold in the U.S., following a massive cyberattack that briefly blocked access to websites. But Hangzhou Xiongmai Technology has lashed out at critics who blamed its devices. (AP)
Consumer Reports ranked Tesla (TSLA) 25 out of 29 brands on its annual automotive reliability survey, placing the electric carmaker near the bottom of the influential magazine's list. (Detroit Free Press)
Anheuser-Busch (BUD) hauled a trailer loaded with beer 120 miles in an autonomous-drive truck, completing what's believed to be the first commercial shipment by a self-driving vehicle. (CNBC)
Obamacare prices for next year are soaring. The average monthly enrollment payment for a closely watched type of plans sold on the federal marketplace are set to rise by an average of 25 percent in the 39 states. (CNBC)
Hillary Clinton's 5-percentage point lead over Donald Trump remains virtually unchanged since last week, according to the latest NBC News|SurveyMonkey poll. But a majority of Republicans and GOP-leaning voters see a lasting fracture in the party.