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Porsche SE warned it may write down its Volkswagen stake by up to $21 billion because of VW's cost crisis and union conflicts.
The Senate announced plans to vote on a bill increasing Social Security benefits for roughly 2.8 million pensioners.
Novo Holdings' $16.5 billion Catalent acquisition cleared regulatory hurdles, boosting Wegovy's production capacity.
Boeing announced 122 new layoffs in South Carolina and California, adding to nearly 5,000 cuts across 11 states.
A US appeals court rejected TikTok's emergency request to block a law that could ban the app.
🌍 Global Perspectives
🇲🇩🇷🇺 Moldova declared a state of emergency over expected Russian gas supply disruption when Ukraine's transit deal expires on December 31.
🇺🇦🇰🇵 Ukraine reported North Korean troops have joined Russian assault operations in significant numbers along the Kursk front.
🇫🇷 Cyclone Chido devastated France's Mayotte island with 140mph winds, killing hundreds and destroying critical infrastructure.
🇮🇪🇮🇱 Israel closed its embassy in Ireland citing “extreme anti-Israel policies” after Ireland recognized Palestine.
📊 Crypto
MicroStrategy arranged to join the Nasdaq 100 on Dec. 23 after its stock rallied nearly 500% this year.
El Salvador, Paraguay, and the Central African Republic considered adding Bitcoin to their national reserves.
BiT Global sued Coinbase for delisting wBTC and launching a competing product cbBTC.
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🎤 What you said last time
What you had to say:
“Proof corruption and greed are more powerful than hard work.”
🧠 Errata
An Oregon city begged residents to stop putting googly eyes on its historic statues. [Ed: Why would you want to stop this?]
Concert-goers in Boston cheered wildly when photos of alleged CEO killer Luigi Mangione appeared on the screen.
Federal officials deployed high-tech drone hunters to track mysterious aircraft sightings over New York and New Jersey.
The JonBenet Ramsey murder case got fresh attention as her father pushed for new DNA testing 28 years later.
📺 What to Watch Today
Oregon City Hunting Googly Eye Vandal
That’s all for today. Did I miss anything? Smash the reply button to let me know.
