TRUMP TRANSITION
President-elect Donald Trump this morning choose Georgia Rep. Tom Price to head the Department of Health and Human Services. Price has been one of Obamacare's most outspoken critics. (CNBC)
Trump seems to be honing in on his choice for secretary of state, holding a meeting with former CIA chief David Petraeus and announcing a second sit down with Mitt Romney. (NBC News)
Iraq's prime minister said he spoke to Trump by phone shortly after the election, saying the U.S. president-elect pledged more logistical support to fight ISIS. (AP)
Trump has been officially declared the winner of the presidential election in Michigan, amid calls for a recount there and in two other states. The president-elect tweeted about it this morning. (NY Times)
Trump fired off another tweet storm last night, attacking a CNN reporter who said the president-elect "falsely" claimed extensive voter fraud. Trump also criticized CNN in a tweet this morning. (CNBC)
IN THE NEWS
AT&T (T) is launching its over-the-top DirecTV Now streaming television service tomorrow, with introductory price of $35 per month for all 100-plus channels. After the promotion, prices range from $35 for 60 channels to $70 for more than 120 channels. (NY Times)
AT&T's mobile subscribers will be able to stream DirecTV Now service without using their data, a strategy that could raise concerns among regulators about the telecom giant's proposed $85 billion acquisition of media powerhouse Time Warner (TWX). (The Verge)
Taylor Swift is launching a channel soon on DirecTV Now, DirecTV satellite television, and AT&T's U-Verse fiberoptic service. Taylor Swift Now will include original content. It will also offer portions at a later date of her upcoming Super Bowl eve concert. (USA Today)
U.S. online sales gained momentum on Cyber Monday and are set to surpass initial expectations by hitting a record $3.39 billion, as consumers snapped up deals on the busiest day of the year for internet shopping. (Reuters)
Embattled Samsung said today it would increase dividends and consider splitting up, as the South Korean tech giant faces possibly the biggest structural change in its 47-year history, under pressure from activist investor Elliott Management. (Reuters)
Citigroup (C) was sued by former financial adviser Erin Daly, who accused the bank of running a "boys club," and treating her as a "glorified secretary" before firing her in retaliation for whistleblowing. (Reuters)
Massachusetts next year will require ride service companies including Uber and Lyft to perform the strictest background checks in the U.S. on all their drivers, according to a deal reached with the companies. (Reuters)
Rupert Murdoch was among the investors who piled into blood-testing startup Theranos, which has since come under regulatory scrutiny over the accuracy of its pinprick tests. (WSJ)
Five people survived and 76 others were killed when a plane carrying a Brazilian professional soccer team crashed in Colombia last night. Poor weather conditions had been reported at the time of the crash. (NBC News)
Abdul Razak Ali Artan, an Ohio State student who posted an anti-American rant shortly before he plowed a car into a campus crowd and stabbed people with a butcher knife, was shot and killed by police. (NBC News)
BY THE NUMBERS
It's a busy morning for economic numbers, with the government's second look at third-quarter GDP at 8:30 a.m. ET. The S&P Case-Shiller report on September home prices is out at 9 a.m. ET. The Conference Board issues its November consumer confidence index at 10 a.m. ET.
New York Fed President William Dudley and Fed Governor Jerome Powell both deliver speeches today, with a central bank meeting looming on Dec. 13-14, which is widely expected to bring the second interest rate hike in the past decade.
Tiffany (TIF) earned 76 cents per share, 9 cents above estimates, with quarterly revenue also topping forecasts. Tiffany did see same-store sales drop by 2 percent, but that was only half the expected drop.
Shoe Carnival (SCVL) reported earnings and revenue that were below forecasts. The shoe retailer also warned of a decline in comparable store sales for the holiday quarter.
Dow component UnitedHealth (UNH) issued strong 2017 guidance ahead of a scheduled meeting with analysts and institutional investors today. The health insurer expects to earn an adjusted $9.30 to $9.60 per share.
STOCKS TO WATCH
Auto parts maker Delphi (DLPH) and Israel's Mobileye (MBLY) are putting an Intel (INTC) chip at the heart of their joint effort to produce self-driving vehicles by 2019.
TiVo (TIVO) signed a licensing deal with Netflix (NFLX), which calls for TiVo to continue integrating Netflix into its set-top boxes, and provides Netflix a license to TiVo's patent portfolio.
Allstate (ALL) announced a deal to buy third-party warranty provider SquareTrade from private investors that include private equity firm Bain Capital for about $1.4 billion. The insurer expects to close the deal in January.
Royal Dutch Shell (RDSA) is considering a sale of its oil fields in Iraq, as part of a $30 billion asset disposal program, according to a Reuters report.
WATERCOOLER
"Hamilton" shot to an unprecedented gross of $3.3 million in the week ended Sunday, with the top ticket price hitting nearly $1,000 and the average paid admission reaching just over $303. (WSJ)
Shoppers finally got their hands on Nike's (NKE) self-lacing, "Back to the Future Part II"-inspired sneakers after they went on sale in the U.S. on Monday, retailing for $720 a pair. (CNBC)