Retail giant Sears files for bankruptcy protection

Yahoo Finance’s Alexis Christoforous, Rick Newman, Ethan Wolff-Mann, Melody Hahm, Scott Gamm, Dan Roberts, Brian Sozzi and Alanna Petroff discuss today’s top stories.

Today’s topics include:

• Sears to shut down 142 stores by the end of the year

• Dimon, Bill Ford drop out of Saudi investment conference

• Oil spikes as Saudi tensions grow

• Superdry shares left in the cold over declining store sales

• Tesla slowly applies brakes to $7,500 tax credit

• Trump heading to Florida, Georgia to tour storm damage

• Ford CEO set to meet dealers as stock slides

• Ford asking taxpayers to help foot bill for train station renovation

• Navya, AXA launch partnership for autonomous vehicle insurance

• Harris, L3 merging to create $34B defense giant

• Icahn opposes Dell’s plan to go public

• ‘The Conners’ set to lauch without Roseanne

• Apple buying music analytics start-up Asaii

The once-mighty Sears has filed for bankruptcy. (Reuters)