Alibaba delivered weaker-than-expected profit and revenue in the latest quarter as the e-commerce titan focused on getting growth back on track amid fierce domestic competition, a weakened Chinese economy and changing consumer behaviors.

The country’s largest retailer posted strong sales and higher profits in its latest quarter, and executives said they don’t see signs of fraying demand.

Netflix said it has struck a deal to have CBS Sports produce the two National Football League games the streamer is carrying this Christmas.

Algonquin Power & Utilities has agreed to sell its renewable energy business for $2.5 billion as it transforms into a pure-play regulated utility.

Merck has struck a deal worth up to $1.3 billion to buy an investigational drug targeting B-cell associated diseases.

The loss includes a $9.1 billion impairment charge tied to the plunging value of its linear networks.