P&G prepares for critical boardroom battle

It’s a big week for the markets as third-quarter earnings season gets underway. We’ll hear from some of the big banks at the end of the week. Yahoo Finance’s Alexis Christoforous, Editor-in-Chief Andy Serwer, Seana SmithDan Roberts and Ethan Wolff-Mann discuss the big stories of the day.

Today’s topics:

  • Investors brace for earnings season
  • P&G readies for boardroom battle over Peltz proxy
  • California wildfires claim at least 10 lives
  • Russian central bank to ban websites offering bitcoin
  • Walmart announces $20B share buyback
  • Honeywell spins off home, distribution and transport, keeps aerospace
  • Pfizer explores sale/spin-off of consumer health care business
  • AIG down after estimating $3B in catastrophe damage
  • Trump claims the NFL is getting massive tax breaks
  • ESPN suspends Jemele Hill over tweets about the NFL
  • NVIDIA unveils next-gen chip for driverless cars
  • Bank of America surveyed 1K people about friends and money
  • Carl’s Jr. tweets ‘big ideas’ in bid for Amazon acquisition

What do you think about Pres. Trump’s claim that the NFL is getting massive tax breaks?
– They should get a break
– They should pay more
– Keep politics out of NFL