Some of Wednesday’s top business news stories:
Associated Press
White House and Pelosi part ways on relief for drug prices, by Ricardo Alonso-Zaldivar
US trade deficit falls to $52.5 billion in September, by Martin Crutsinger
CNN
FCC formally greenlights merger between T-Mobile and Sprint, by Brian Fung
Facebook says 100 app developers could have improperly accessed user data for months, by Brian Fung
The Wall Street Journal
Xerox Considers Takeover Offer for HP, by Cara Lombardo
AstraZeneca to Raise $1 Billion to Invest in China Startups, by Preetika Rana
CNBC
Walgreens explores going private in what could be largest LBO in history, by Lauren Hirsch, Angelica LaVito
More people are going to the mall to eat at the food court, not shop, UBS says, by Lauren Thomas
Reuters
Tesla plans after-sales network expansion in China as Shanghai factory spins up, by Yilei Sun, Brenda Goh
Former Goldman Sachs executive to stand trial in Malaysia next year, by Rozanna Latiff
News about business journalism
Houston Biz Journal names new managing editor, new AME
Cattan named Bloomberg’s Mexico City bureau chief
Einbinder moves to Business Insider’s investigations team
Business Insider reporter Peterson moves to investigations team
Texas Tribune celebrates 10th anniversary
EFE News Agency to join Reuters Connect