Wells Fargo earnings expected before the bell, as new CEO is set to takeover next week

Wells Fargo earnings expected before the bell with new CEO set to takeover next week. Last month, the bank’s board of directors named Charles Scharf as CEO and president.

UAW strike has now cost $2 billion, could ‘bring GM to its knees,’ Bank of America says

The strike by General Motors workers has cost about $2 billion in lost profit through the first four weeks, Bank of America estimated.

CBO says Nancy Pelosi’s drug pricing plan saves Medicare $345 billion over a decade

The savings wouldn’t begin until 2023, assuming the bill gets passed by the House and Senate and signed by President Donald Trump before the end of this year, the CBO says.

J&J beats third-quarter earnings expectations on higher prescription drug sales

J&J’s pharmaceutical business, which accounts for half of the company’s revenue, posted revenue of $10.88 billion.

Walmart will now put groceries right in your fridge, starting in 3 cities Tuesday

Launching in Kansas City, Pittsburgh and Vero Beach, Fla., Walmart hopes to expand it nationwide but wouldn’t say when or which cities its eyeing as potential test markets if the launch is a success.

Inside Ferrari’s New York design lab where the super rich can customize $500,000 cars

Ferrari this month opened its third “tailor made center” in the world, a 6,600-square-foot showroom on Manhattan’s Park Avenue that allows buyers to fully customize their rides, choosing fabrics, leathers, woods, paint colors and wheels.

Britain’s best known stockpicker forced to shut down embattled flagship fund

The U.K.’s most famous fund manager has been forced to wind up his flagship fund after a months-long suspension.

Alibaba Chairman Daniel Zhang does this one thing each year to measure his success

While Zhang says he gives Alibaba employees the opportunity to test new ideas, he’s “very tough” once a decision has been made, and wants his teams to deliver concrete results.

LeBron James says Houston Rockets’ GM was not ‘educated’ on Hong Kong situation when he tweeted

LeBron James said Houston Rockets’ general manager had no “consideration for the consequences and ramifications of the tweet” in support of the Hong Kong protests.