
Nvidia Wins Trump’s Approval to Sell H200 AI Chips in China - Bloomberg.com
President Donald Trump granted Nvidia Corp. permission to ship its H200 artificial intelligence chip to China in exchange for a 25% surcharge, a move that lets the world’s most valuable company potentially regain billions of dollars in lost business from a ke…
Powerball jackpot grows to $875 million ahead of Monday night's drawing - ABC News
PepsiCo to Cut Costs, Lower Food Prices in Deal With Activist - The Wall Street Journal
Soda and snacks company struck an agreement with Elliott Investment Management, which revealed a $4 billion stake in September

Amazon robotaxi service Zoox to charge for rides in 2026, with ‘laser focus’ on transporting people - Fortune
Jesse Levinson, Zoox cofounder and CTO, said the robotaxi service needs several more years before it’s “financially interesting.”
Paramount Makes $77.9 Billion Hostile Bid for Warner After Netflix Struck Deal - The Wall Street Journal
Federal Reserve to announce next interest rate move on Wednesday. Here's what to expect. - CBS News
The Federal Reserve's last meeting of 2025 will determine whether borrowers get more relief on interest rates.
Berkshire Loses Geico CEO Combs to JPMorgan. It’s Preparing for Life After Buffett. - Barron's

Comcast president outlines unsuccessful WBD offer and future of NBC's Peacock - CNBC
Comcast made multiple offers for Warner Bros. Discovery's streaming and studio assets before Netflix was deemed the winning bidder.

China makes history with $1 trillion trade surplus for first time ever - Fortune
China’s exports rebounded in November after an unexpected contraction the previous month, according to data released Monday.

IBM to acquire Confluent for $11B as it seeks to bolster its data offerings - TechCrunch
IBM is buying data infrastructure company Confluent for $11 billion in cash in a bid to bolster its data and automation products as ever more companies move their tech operations to the cloud and deploy AI technology.

Boeing Completes Acquisition of Spirit AeroSystems - Boeing Newsroom
Transaction underscores commitment to aviation safety and airplane quality while strengthening commercial production and supply chain stability Major operations align under Commercial Airplanes,...

Former department store giant closes one of its last Bay Area mall stores - SFGATE
One of the Bay Area’s last JCPenney stores is set to close at Stoneridge Shopping Center in Pleasanton early next year.