Three major drug distributors are in talks to settle opioid litigation for $18 billion. Vice President Mike Pence and Rudy Giuliani refuse to turn over documents requested by Congress. And Democrats sparred in the fourth debate on Tuesday. Annmarie Fertoli reports.
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Morning Brief for Wednesday, October 16th

The top business headlines from The Wall Street Journal, three times daily. Whether it’s the latest on overseas markets, economic news out of Washington or closing numbers from Wall Street, you'll be in the know in a flash.

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Plus: Norfolk Southern shareholders vote against ousting CEO Alan Shaw. The Bank of England holds interest rates steady at a 16-year high. J.R. Whalen reports.



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Stormy Daniels Faces Off With Trump’s Attorney

Plus: Intel lowers its sales outlook after the Commerce Department revokes some exports licenses to Huawei. And Uber delivers a surprise loss despite rising revenue. Luke Vargas hosts.  



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U.S. Threatens to Withhold More Weapons to Israel

Plus: Shopify shares fall 19% after the company forecast slower sales. Reddit shares rise 4.1% on strong user growth. J.R. Whalen reports.



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Intel Shares Drop 2.2% Amid Trade Restrictions

Plus: Microsoft says it is investing billions of dollars on AI in Wisconsin. The estate of bankrupt cryptocurrency exchange FTX says most creditors will receive their money back in cash and interest. J.R. Whalen reports.



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Israeli Forces, Hamas Fighters Clash in Rafah

Plus: Toyota tops analyst expectations on the back of a weaker Yen. And AB InBev continues to feel the impact of declining Bud Light sales in the U.S. Kate Bullivant hosts.  



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Morning Brief for Wednesday, October 16th

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