What's on Your Mind?

TikTok has signed agreements with three major investors — Oracle, Silver Lake and MGX — to form a new TikTok U.S. joint venture, ensuring the popular social video platform can continue operating in the United States. The deal is expected to close on Jan. 22, according to an internal memo seen by The Associated Press. In the communication, CEO Shou Zi Chew confirmed to employees that ByteDance and TikTok signed the binding agreements with the consortium. “I want to take this opportunity to thank you for your continued dedication and tireless work. Your efforts keep us operating at the highest level and will ensure that TikTok continues to grow and thrive in the U.S. and …

A 911 call about a man resembling “the CEO shooter.” Body-camera footage of police arresting Luigi Mangione and pulling items from his backpack, including a gun that prosecutors say matches the one used to kill UnitedHealthcare CEO Brian Thompson, and a notebook they have described as a “manifesto.” Notes about a “survival kit” and “intel checkin,” and testimony about alleged statements behind bars. A three-week pretrial hearing on Mangione’s fight to exclude evidence from his New York murder case ended Thursday after revealing new details about his December 2024 arrest in Altoona, Pennsylvania, steps prosecutors say he took to elude authorities for five days, and what h…

With the last weekend before Christmas upon us, the holiday travel period has begun. This year, the American Automobile Association (AAA) says a record number of Americans will be making journeys—122.4 million of them in total. While millions of those journeys will be made by plane or other forms of public transportation, the overwhelming majority—109.5 million—will be made by car. If you’re one of those making your Christmas trip by car, here are the best and worst times to hit the road over the holiday travel period, which AAA defines as running from December 20 to January 1. Best times to hit the roads The 2025 holiday period spans 13 days this year, ru…

Delivery company Instacart will pay $60 million in customer refunds under a settlement reached with the Federal Trade Commission over alleged deceptive practices. The FTC said Thursday that Instacart has been falsely advertising free deliveries. The San Francisco-based company isn’t clearly disclosing service fees, which add as much as 15% to an order and must be paid for customers to receive their groceries, the FTC said. Instacart has also failed to clearly disclose that customers who enroll in a free trial for its Instacart+ program will be charged membership fees at the end of the trial. The FTC said hundreds of thousands of customers have been charged but have rece…

Few brands have been more associated with the fast-fashion boom of the last two decades than Zara, the flagship apparel chain owned by Spanish clothing giant Inditex SA. It may surprise some consumers to learn, then, that Zara has in fact reduced its global footprint over the last few years since the pandemic. The brand’s decline in physical storefronts has been moderate but meaningful, from a third-quarter peak of around 2,139 stores in 2019 to just under 1,800 stores five years later, according to earnings statements from Inditex. That’s a reduction of 16%. Now, thanks to new accounting metrics from the company, we’ve learned that Zara’s physical footprint…

Ford is recalling more than 270,000 electric and hybrid vehicles in the U.S. because of a parking function problem that could lead to them rolling away. The Detroit automaker said that the recall includes certain 2022-2026 F-150 Lightning BEV, 2024-2026 Mustang Mach-E, and 2025-2026 Maverick vehicles. At issue is the integrated park module, which may fail to lock into the park position when the driver shifts into park. Ford said that it will implement a park module software update for free. Vehicle owners may contact Ford customer service at 1-866-436-7332 for additional information. View the full article

The government took stakes in a number of private companies during 2025, and is likely to continue making equity investments while Donald The President remains in office. Whether or not this is a wise long-term strategy is an ongoing debate with strong opinions on both sides. The practice represents a new industrial policy that’s meant to tie the executive branch of government closer to companies it considers essential to national security and economic prowess. The The President Administration hopes it’s a more robust approach than subsidy grants to rebuilding critical supply chains domestically, reducing reliance on China, and ensuring key industries remain under U.…

To tax tips or not? That is a question that will confront lawmakers in states across the U.S. as they convene for work next year. President Donald The President’s administration is urging states to follow its lead by enacting a slew of new tax breaks for individuals and businesses, including deductions for tips and overtime wages, automobile loans, and business equipment. In some states, the new federal tax breaks will automatically apply to state income taxes unless legislatures opt out. But in many other states, where tax laws are written differently, the new tax breaks won’t appear on state tax forms unless legislatures opt in. In states that don’t conform …

The discovery of the body of Claudio Manuel Neves Valente, a Portuguese national who studied physics at Brown University, earlier this week in a New Hampshire storage facility brought closure to two alarming cases. Authorities say they believe Valente, a 48-year-old who recently arrived in Boston, was behind the December 13 mass shooting at Brown University, and the December 16 murder of MIT professor Nuno Loureiro. The identification of Valente brings calm to communities worried about a mass killer on the loose. But it also puts the lie to theories floated by right-wing influencers, including Sequoia Capital partner Shaun Maguire. In recent days, Maguire, acting …

Happiness is taking control of a beloved comic strip. Sony is buying a 41% stake in the Charles M. Schulz comic “Peanuts” and its characters including Snoopy and Charlie Brown from Canada’s WildBrain in a $457 million deal, the two companies said Friday. The deal adds to Sony’s existing 39% stake, bringing its shareholding to 80%, according to a joint statement. The Schulz family will continue to own the remaining 20%. “With this additional ownership stake, we are thrilled to be able to further elevate the value of the ‘Peanuts’ brand by drawing on the Sony Groupʼs extensive global network and collective expertise,” Sony Music Entertainment President Shunsuke …

“Avatar: Fire and Ash” opened with $345 million in worldwide sales, according to studio estimates Sunday, notching the second-best global debut of the year and potentially putting James Cameron on course to set yet more blockbuster records. Sixteen years into the “Avatar” saga, Pandora is still abundant in box-office riches. “Fire and Ash,” the third film in Cameron’s science-fiction franchise, launched with $88 million domestically and $257 million internationally. The only film to open bigger in 2025 was “Zootopia 2” ($497.2 million over three days). In the coming weeks, “Fire and Ash” will have the significant benefit of the highly lucrative holiday moviegoing corrido…

Over the past five years, the remote work revolution has changed life as we know it for corporate folks like myself. And while I’m on the record singing the praises of working from home, I’d like to set the record straight: It’s not without its faults. Don’t get me wrong, I’ve enjoyed my weekday afternoon naps and time away from co-workers. But I’ve also come to realize that before the pandemic, we were putting a little bit too much gas on working from home. Is WFH convenient? You bet your ass it is. Waking up and not having to get out of bed — or get in the shower or get dressed because I’m taking all my meetings with the camera off — is a lifestyle I’ve come to appr…

SoftBank Group is racing to close a $22.5 billion funding commitment to OpenAI by year-end through an array of cash-raising schemes, including a sale of some investments, and could tap its undrawn margin loans borrowed against its valuable ownership in chip firm Arm Holdings, sources said. The “all-in” bet on OpenAI is among the biggest yet by SoftBank CEO Masayoshi Son, as the Japanese billionaire seeks to improve his firm’s position in the race for artificial intelligence. To come up with the money, Son has already sold SoftBank’s entire $5.8 billion stake in AI chip leader Nvidia, offloaded $4.8 billion of its T-Mobile US stake, and slashed staff. Son has slowe…

Barnes & Noble is on a roll, and it’s not slowing down in 2026. The bookstore has confirmed plans to open 60 new locations across the country in 2026. For Barnes & Noble, the move is part of a major comeback that’s been years in the works. After the company saw a sales peak in 2008, it spent a decade watching sales dwindle as customers moved to other retailers (especially digital booksellers like Amazon), ultimately leading the retailer to shutter 150 stores. In 2019, the company was acquired by the UK’s Elliott Advisors and taken private. But since 2023, Barnes & Noble has annually added dozens of new locations across the U.S. A post-pandemic…

December 15, 2025—the deadline for enrolling in a marketplace plan through the Affordable Care Act for 2026—came and went without an agreement on the federal subsidies that kept ACA plans more affordable for many Americans. Despite a last-ditch attempt in the House to extend ACA subsidies, with Congress adjourning for the year on December 19, it’s looking almost certain that Americans relying on ACA subsidies will face a steep increase in healthcare costs in 2026. As a gerontologist who studies the U.S. healthcare system, I’m aware that disagreements about healthcare in America have a long history. The main bone of contention is whether providing healthcare is the res…

One April night eight years ago, two tech leaders sat down with a former Forest Service employee at Terroir, a natural wine bar in San Francisco. Then they started sketching out a plan that would eventually reshape California’s housing policy. Landmark housing reforms that passed in the state in 2025, one that allows more housing to be built near transit stops, and another curbing the use of environmental law to block new housing—and which many believed would never succeed—can be traced back to that night, five bottles of wine, and crucial backing from Silicon Valley executives. An unlikely new leader Brian Hanlon, the Forest Service employee, was an unlikely l…

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. The average price net of incentives of new-builds sold by Lennar—America’s second largest homebuilder—came in at $386,000 in Q3 2025. That’s down -10.2% from $430,000 in Q4 2024 and down -21.4% from $491,000 in Q3 2022. While last quarter Lennar acknowledged that it will no longer be as aggressive in prioritizing volume over margin going forward, the giant homebuilder said that doing so (i.e., volume > margin strategy) over the past few years helped it gain market share while some other builders were more conservative. “During the past three …

Say what you will about Crumbl Cookies. It’s always sure to get a reaction. Earlier this month, when a sudden swirl of social media rumors began to suggest that the polarizing bakery chain was closing down, some of the online reactions were downright gleeful. “Too sweet and too expensive!” went one typical comment. The chatter was so loud that Crumbl cofounder Sawyer Hemsley took to TikTok to dispel the rumor, explaining that the fast-growing chain is just moving offices as it prepares for its next wave of expansion. But while reports of Crumbl’s demise may be premature, the chain has in fact closed a number of locations over the last few years following a pe…

Fluorescent lights that softly hum. Magazines nobody reads. A television mounted in the corner playing cable news as a receptionist mispronounces my last name. I am at my first of several doctors appointments intentionally scheduled during the winter holiday season. Not because I’m sick. Because it’s the only week of the year when nothing work-related is fighting for my time. The office is closed. The investors aren’t emailing. The product update notifications have stopped. For seven days I can put my body first. So I schedule the bloodwork. The dermatologist. The physical I’ve been postponing since March. The dentist I keep rescheduling because there’s always…

As AI data centers spring up across the country, their energy demand and resulting greenhouse gas emissions are raising concerns. With servers and energy-intensive cooling systems constantly running, these buildings can use anywhere from a few megawatts of power for a small data center to more than 100 megawatts for a hyperscale data center. To put that in perspective, the average large natural gas power plant built in the U.S. generates less than 1,000 megawatts. When the power for these data centers comes from fossil fuels, they can become major sources of climate-warming emissions in the atmosphere—unless the power plants capture their greenhouse gases first and th…

It’s been a rough year for American workers. Unfortunately, 2026 isn’t looking all that much better. The year began with tariffs—just as inflation was finally starting to cool—followed by AI anxiety and headline-grabbing layoffs, before ending with America’s longest ever government shutdown. Surveys suggest many American workers didn’t get a raise in 2025, and most are unsatisfied with their current compensation. They feel, however, as though they can’t leave their jobs or ask for more money—despite an increasing cost of living—for fear of making themselves vulnerable to future layoffs. Instead, most relied on secondary sources of income to make ends meet, fur…

The best-selling video game console this Black Friday was the PlayStation 5. That surprised no one. The number-two spot went to the Nintendo Switch 2. Again, that was expected. But the bronze position wasn’t held by Microsoft’s Xbox, as you might suppose. Instead, it was claimed by the Nex Playground, a small gaming system that almost no one had heard of two years ago. The Playground has since grown into one of 2025’s hottest gifts. In 2023, just 5,000 units of the controller-free small cube were sold. In 2024, that number spiked to 150,000. This year, the company is on track to sell 600,000 units. While it has a loyal (and growing) fan base, there are still …

The holiday season is merry, bright, and hectic. It’s hard to cram every moment of cheer into just four weeks and keep your sanity. If you find yourself behind and needing to grab last-minute presents, run errands, or pick up a stick of butter on Christmas Eve, know that you are only human. After taking a couple of deep breaths, read on to see which stores are open and closed on the night before the big night. Are banks open on Christmas Eve? Christmas Eve is not a federal holiday, so most banks are open. Some may choose to have reduced hours, so it is a good practice to check with your local branch ahead of time to save you the potential headache. I…

Nike shares ticked up 2% in premarket trading on Wednesday after Apple CEO Tim Cook bought nearly $3 million worth of the sportswear maker’s stock. Cook, who has served on Nike’s board since 2005 and is its lead independent director, bought 50,000 shares at $58.97 each, according to a regulatory filing published on Tuesday. Nike shares were trading at $58.49 on Wednesday. The purchase comes just days after Nike reported weaker quarterly margins and sluggish sales in China. Its shares have slumped nearly 13% since it reported results on December 18. Cook now holds about 105,000 shares in Nike, as of December 22, the filing showed. —Aishwarya Venugopal, …

During the week of Christmas, the Food and Drug Administration (FDA) has announced food recalls for several holiday treats. Before you begin enjoying your holiday snacks, it’s a good idea to check whether any of the goodies you have at home were recently recalled. Here’s what you need to know. The following food products are part of recent food recalls: ​Atwater’s cookie tins Choceur cookie butter holiday bark Choceur pecan, cranberry and cinnamon holiday park Troemner Family Farm Pfeffernusse Cookies You can find more details about each product recall below. Atwater’s cookie tins On December 22, 2025, Baltimore-based Atwater’s recalled…