The S & P 500 seeks to avoid its longest run of losses for nearly 2 years

Hurricane Michael has stepped up to become an extremely dangerous Category 4 storm. It is expected that it will further strengthen before touching Earth today in Florida. Panhandle or in the Big Bend area of ​​Florida. (Reuters)

CNBC has learned that Dina Powell, a member of the board of directors of Goldman Sachs (GS) and a former assistant national security adviser to President Trump, had planned to succeed Nikki Haley as US ambassador to the United States. United States.

Trump is expected to sign today two bills banning "insulting" clauses in contracts between pharmacies and insurance companies or those responsible for the benefits of pharmacies. Both bills were passed by Congress last month. (NBC News)

* The income test under the Trump proposal raises greater difficulties for families seeking a green card (NBC News)

Although he is personally not eligible for re-election until 2020, the president is expected to hold rallies for the mid-term elections in Erie, Pennsylvania today, in Lebanon (Ohio) on Friday and in Richmond, Kentucky. Saturday. (Politico)

A Missouri judge ruled yesterday barring election officials from requiring voters to show a photo ID in order to vote. This decision blocks essential elements of the law on the identity of the voters of the state. (Axios)

The SoftBank group is in discussion to take a majority stake in WeWork, and the investment could be between $ 15 and $ 20 billion. The SoftBank Vision Fund already has almost 20% of WeWork. (WSJ)

Sears Holdings (SHLD) has been contacting banks in recent days to arrange for bankruptcy filing after 125 years of operation, CNBC told CNBC. However, a bankruptcy is not yet final.

According to a Bloomberg report, the Amazon Web Services Unit (AMZN) has signed a new contract worth a total of one billion dollars with the software manufacturer. SAP company (SAP) and Symantec cybersecurity software manufacturer (SYMC).

* Home Insurer Travelers selling Home Security Devices at a Discounted Price on Amazon (WSJ)

Alphabet (GOOGL) Google has announced its new Pixel 3 phones and some other gadgets, including the Pixel Slate tablet and Google Home Hub, a 149 USD device like the Google Home smart speaker but with a built-in display. (NBCC)

Hedge fund manager Bill Ackman said the Starbucks bet (SBUX) was $ 900 million, doubling stocks in three years. Ackman also holds interests in Chipotle (CMG) and Burger King, parent company of international brands.