From the Wires

Apple Pay faces challenges

Bloomberg: Apple's mobile payment technology has encountered problems after CVS Health Corp. and Rite Aid Corp. disabled the service in their drugstores.

YouTube considering paid subscriptions

WSJ: The online video website is working on a paid, ad-free subscription business model in addition to its existing ad-based platform.

Taco Bell launches new ordering app

CNNMoney: The fast food restaurant's app will allow customers to skip waiting in line.

Toyota leads global vehicle sales

NYT: The world's top-selling automaker reported sales of 7.615 million vehicles, up 3% from last year.

Xbox One receives another price cut

Forbes: Microsoft has slashed the game console's price from $499 to $349 this holiday season.

Uber considers flu shot delivery service

Forbes: The company launched a one-day pilot called UberHealth; users in Boston, New York City, or Washington D.C., could order flu shots directly to their door.

P&G plans to exit Duracell

Bloomberg: Procter & Gamble Co. will leave the battery business as its CEO, A.G. Lafley, works to slim down the company.

Target to offer free holiday shipping

WSJ: The retailer hopes the offer will lead to more completed online transactions.

Caterpillar gains after raising forecast

Bloomberg: The construction equipment-maker's shares rose 5.1% to $99.35.

Dow Chemical profit up 44%

Forbes: The U.S. chemical maker reported $14.4 billion in revenue, up 5% from the same period last year.

Boeing profit jumps 18%

Reuters: Quarterly profit increased, but shares of the Chicago-based aerospace and defense giant fell 1.5% in early trading.

Verizon posts higher Q3 revenue

Reuters: The largest U.S. wireless carrier added 1.5 million postpaid subscribers, or those who pay for service after use.

Oscar Pistorius sentenced to 5 years in prison

NYT: The South African track star was sentenced for killing his girlfriend, Reeva Steenkamp.