Business news
- BP names Meg O’Neill new CEO — its fourth in 6 years - BP's share price is up over 15% year-to-date. It made gains in the previous session and after hours trading as investors responded to the news.
- U.S. approves largest ever arms sale to Taiwan as tensions simmer around the island - The package consists of items like artillery systems, antitank missiles, as well as spare parts for helicopters and anti-ship missiles.
- November's inflation report is the first to be released after the shutdown. Here's what to expect - November's CPI report is expected to show the annual inflation rate at 3.1%, according to economists polled by Dow Jones.
- Watch live: President Trump addresses the nation from the White House - President Trump will address the nation Wednesday as his approval ratings are dipping according to several polls.
- Instacart shares plunge 11% on report that FTC is probing company over AI pricing tool - TechInstacart shares plunge 11% on report that FTC is probing company over AI pricing toolPublished Wed, Dec 17 20256:38 PM ESTUpdated 1 Min AgoJordan Novet@in/
- U.S. admits liability in Army helicopter collision with American Airlines jet that killed 67 people - The U.S. admitted fault in the deadly Army Black Hawk helicopter collision on Jan. 29 that killed all 67 people on board.
- FBI Deputy Director Dan Bongino plans to step down early next year, MS NOW reports - Bongino had been selected by President Donald Trump for the high-profile law enforcement job despite him having no prior FBI experience.
- FCC chief Brendan Carr tells Senate that his agency is 'not formally ... independent' - FCC chairman Brendan Carr testified to a congressional committee for the first time since ABC suspended Jimmy Kimmel's show following a Carr threat.
- The Oscars are heading to YouTube in 2029 - The Academy of Motion Picture Arts and Sciences signed a multi-year deal with Google-owned YouTube to stream the Oscars globally starting in 2029.
- Oracle stock dips 5% on report Blue Owl Capital won't back $10 billion data center - The cloud company later said the project was moving forward and "on schedule," but that Blue Owl was not part of equity talks.