Some of Wednesday’s top business news stories:
Associated Press
T-Mobile offers up yet another TV streaming service, by Mae Anderson
Social media CEOs to face grilling from Republican senators, by Marcy Gordon
CNN
Microsoft earnings beat expectations, driven by video game sales and cloud demand, by Shannon Liao, Clare Duffy
AMD is buying a rival chipmaker for $35 billion, by Jordan Valinsky
The Wall Street Journal
Caterpillar, 3M Flag Falling Sales to Businesses, by Austen Hufford
Eli Lilly Earnings, Halted Covid-19 Drug Trial Disappoint Investors, by Peter Loftus
CNBC
Tiffany, LVMH are in talks to reduce the value of their deal and settle dispute, sources say, by Lauren Thomas
Postmates teams up with retailers on delivery in Los Angeles just in time for the holidays, by Aditi Roy
Reuters
Visa’s deal to buy fintech startup Plaid faces antitrust scrutiny
Detroit automakers keep masks on to keep the factories running, by Joseph White
News about business journalism
Where Fortune’s Pressman gets his story ideas
WSJ. Magazine is cutting print editions to eight
NBC News, STAT, CNN Business win Eppy Awards
The connection between WSJ opinion and the Bradley Foundation
Burns departing Wired for Politico
Longtime Memphis biz journalist Risher is retiring
Bloomberg Media using test to support ad and subscription business