Hurricane Matthew kills nearly 300 in Haiti, bears down on Florida; Snapchat plans a $25 billion IPO, and more news

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(Updated 9 pm ET 10/6) Nearly 300 Haitians were killed when Hurricane Matthew slammed into the Caribbean nation packing 145 MPH winds, and that toll "was likely to rise further as international aid groups and government agencies began reaching the worst-affected areas in the south," The New York Times reports. The category 4 storm is now headed for Florida, whose governor bluntly told the state's 1.5 million residents in Matthew's path to seek shelter. "Evacuate, evacuate, evacuate," Gov. Rick Scott said. "This storm will kill you."

The company formerly called Snapchat is preparing for a March IPO at a valuation of $25 billion or more, The Wall Street Journal reports. It would be the highest-profile tech IPO in a while; 2016 was moribund until Nutanix popped 130% in its debut last week. Per the Journal, only 19 tech companies have gone public in the US this year. (Photo by Georgie Wileman/Getty Images)

Twitter cratered on a report that the usual suspect buyers are passing on a bid. Shares closed down 20%, essentially shedding all gains since takeover talk heated up a couple of weeks ago.

Economists expect the Labor Department to announce that 170,000 jobs were created last month and that the unemployment rate remains unchanged at 4.9% when September's numbers are released Friday morning.

Walmart is slowing the pace of bricks-and-mortar expansion to transform itself into an online shopping player. "This company over time will look like an e-commerce company," Chief Executive Officer Doug McMillon told investors of the world's largest retailer. New store openings are slowing, fulfillment warehouses are accelerating and the company is telling investors "that the cost of the long-term plan would weigh on earnings over the next two years," Reuters reports. (Photo by J.D. Pooley/Getty Images)

Cover Art:  A man walks down a flooded street in a neighborhood of the commune of Cite Soleil, in the Haitian Capital Port-au-Prince, on October 4, 2016. (Photo by Hector Retamal/AFP/Getty Images)