As part of the plan, Amazon has agreed to purchase 100,000 electric delivery vans from vehicle manufacturer Rivian.Technologyread more
The plan will allow Medicare to negotiate lower prices on as many as 250 drugs and also apply those discounts to private health plans.Health and Scienceread more
President Donald Trump on Thursday filed a lawsuit against Manhattan District Attorney Cyrus Vance Jr. and his longtime accounting firm Mazars.Politicsread more
The Democratic-held House plans to move forward with a bill to fund the government through Nov. 21 and avoid another government shutdown.Politicsread more
Jim Chanos, founder of Kynikos Associates, revealed Thursday a stock he has been shorting for years: kidney dialysis company DaVita.Delivering Alpharead more
GM's usage of temporary workers, potential closure of plants and health care contributions remain major sticking points, according to people familiar with the talks.Autosread more
The U.S. economy will have a tough time at the start of 2020, says the head of one of the largest bond managers in the world.Delivering Alpharead more
A new Hollister store is coming later this month to New York, right down the block from Macy's, Target and Victoria's Secret in the busy Herald Square shopping district.Retailread more
Newly public ride-sharing companies Uber and Lyft have tumbled 25% since their initial public offerings, but Light Street's Glen Kacher still believes there's a path for...Delivering Alpharead more
The Federal Reserve has calmed the overnight funding market and brought its fed funds rate back in line with its target.Market Insiderread more
Check out the companies making headlines before the bell:
Alphabet – Alphabet's Google operation was the subject of a piece in last night's episode of "60 Minutes," highlighting the company's power and airing comments from critics who say Google is stifling competition.
MB Financial – The Chicago-based bank operator agreed to be bought by Fifth Third Bancorp in a $4.7 billion cash and stock deal, worth $54.20 per share. That represents a 24 percent premium over Friday's closing price for MB Financial.
Tesla – The automaker is the subject of two recommendation from proxy adviser ISS, which said shareholders should vote against directors Antonio Gracias and James Murdoch, and vote for a proposal to separate the chairman and CEO roles. Both jobs are currently held by Elon Musk. Separately, Berenberg raised its price target on Tesla stock to $500, saying a gross margin above 25 percent for the Model 3 is "comfortably achievable."
Pinnacle Foods – The food maker has hired Evercore Partners to explore strategic alternatives, according to a New York Post report. The paper notes that Pinnacle has been facing pressure from activist investor Jana Partners to merge with ConAgra Brands.
Middleby – Middleby is buying Taylor Co. from United Technologies for $1 billion in cash. Middleby is best known for commercial kitchen equipment, while Taylor makes ice cream and frozen drink machines.
Xerox — Japan's Fujifilm remains set on buying Xerox despite the cancellation by Xerox of their planned merger deal, according to the Nikkei news service. However, Fujifilm is reportedly refusing to negotiate with major Xerox shareholders Carl Icahn and Darwin Deason.
Athenahealth – The company should hold a formal sale process, according to shareholder Janus Henderson. That firm holds an 11.9 percent stake in the provider of cloud-based medical business services and made its wishes known in a Securities and Exchange Commission filing.
IHS Markit – The financial analytics company is buying Ipreo from private-equity funds managed by Blackstone and Goldman Sachs for $1.855 billion. Ipreo is a provider of financial services solutions and data.
Campbell Soup – The stock was downgraded to "underperform" from "neutral" at Bank of America/Merrill Lynch, based on 2018 being a transition year under an interim CEO who will be initiating an extensive strategic review.
Snap – Snap was upgraded to "neutral" from "sell" at MoffettNathanson, which said the risk/reward profile is now balanced with the stock having fallen by about half since the "sell" recommendation was first made more than a year ago. The firm did call Snap's life as a public company "nothing short of an unmitigated disaster."