President Barack Obama hosts an awkward meeting with President-elect Donald Trump at the White House today, in their first public step toward a peaceful transition of power. (Reuters)
Thousands of demonstrators marched in cities across the country to protest Trump's surprise election win, blasting his controversial campaign rhetoric about immigrants, Muslims, and other groups. (Reuters)
Bernie Sanders said he's prepared to work with Donald Trump to help the working class, but will "vigorously oppose" other policies promised by the president-elect. (AP)
Mexico said it would work with Trump for the benefit of both nations, but would not pay for his proposed border wall. Meanwhile, North Korea issued a veiled warning that the incoming administration would have to deal with a nuclear power. (Reuters)
Yahoo (YHOO) employees knew in 2014 that a hacker backed by a foreign government had broken into its network, the company said in a securities filing. Verizon (VZ) is deciding whether reopen its deal to buy Yahoo's core internet assets. (NY Times)
Twitter's (TWTR) management merry-go-round continues, with COO Adam Bain is leaving to explore other opportunities. He had been considered as a possible future CEO. Bain is being replaced by CFO Anthony Noto. (CNBC)
The IEA said global oil supply rose by 800,00 barrels per day in October, led in part by record output from OPEC, which pledged to freeze or cut production to boost prices. Oil ministers meet at the end of the month.
On today's economic calendar, The Labor Department releases its weekly report on initial jobless claims at 8:30 a.m. ET, while the Treasury is out with its October federal budget statement at 2 p.m. ET.
Shopping leads today's earnings reports, with Kohl's (KSS), Macy's (M), and Ralph Lauren (RL) before the bell this morning, as well as Michael Kors (KORS) and Nordstrom (JWN) after the bell.
Walt Disney (DIS) issues quarterly results this afternoon, with estimates calling for per-share earnings of $1.16 on revenue of $13.5 billion. The Dow stock was off nearly 10 percent so far this year.
Shake Shack (SHAK) beat expectations on earnings, revenue, and same store sales. The restaurant chain raised its full-year guidance. The company is expected to open more locations next year than this year.
Mylan (MYL) earned an adjusted $1.38 per share, 7 cents shy of estimates, with the drugmaker's revenue also missing the mark. Sales were impacted by the controversy over pricing of its EpiPen product.
Taser International (TASR) exceeded estimates with quarterly profit of 7 cents per share, while the maker of law enforcement equipment also beat on revenue. Separately, Taser announced the departure of its CFO.
Pfizer (PFE) is considering a possible sale or spin-off of its consumer health division, according to Reuters. The unit could be worth as much as $14 billion.
Alexion Pharmaceuticals (ALXN) is delaying the filing of its quarterly report as the drugmaker investigates allegations of improper sales practices by a former employee.
Perrigo (PRGO) plans to review options for the rights to royalties from multiple sclerosis drug Tysabri. Activist investor and stakeholder Starboard Value has been pushing for moves to boost the stock.
AstraZeneca (AZN) reported falling revenue, but rising earnings, as it counters competition for its cholesterol drug Crestor with cost cutting, growth in new products, and asset sales.
Wal-Mart (WMT) is kicking off its online Black Friday sale three hours earlier than last year, at 12:01 a.m. on Thanksgiving Day. That's hours before its in-store doorbuster deals begin at 6 p.m. that evening. (CNBC)