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ByteDance plans $23bn AI spending spree to keep pace with US rivals - Financial Times
TikTok’s Chinese owner set to increase capital expenditure next year in effort to further build AI infrastructure
Mercedes-Benz agrees to pay $149.6 million to settle multistate emissions allegations - NBC News
Mercedes-Benz USA and parent company Daimer AG have agreed to pay $149.6 million to settle allegations that the automaker secretly installed devices in hundreds of thousands of vehicles to pass emission tests, a coalition of attorneys general announced Monday.
Small plane lands itself safely with Autoland system in 1st use in emergency situation, company says - ABC News
FDA approves first GLP-1 pill for weight loss - Axios
Oral Wegovy could provide a more convenient and cheaper alternative to the injectable version.
FCC bans foreign-made drones over national security, spying concerns - Politico
The ruling will hit Chinese drone-maker DJI the hardest.
Asia-Pacific markets climb after AI trade lifts Wall Street overnight - CNBC
Investors in Asia will watch out for AI-related plays in the region, as well as inflation reading out of Singapore.
Warner Bros. Discovery Says It Will “Carefully Review and Consider” Paramount’s Revised Offer - The Hollywood Reporter
David Ellison submitted his revised tender offering, backed by his father Larry Ellison, Monday morning.
Why a Uniform Maker's Stock Soared 16% Monday - Yahoo Finance
Cintas made another bid for rival uniform and business supplies provider UniFirst, sending its shares soaring Monday.
Jim Cramer's bullish on takeovers and acquisitions for 2026 - CNBC
CNBC's Jim Cramer suggested dealmaking will help drive the market next year.
FDA approves first GLP-1 pill for obesity from Wegovy maker Novo Nordisk - CNBC
The approval gives Novo Nordisk a head start over chief rival Eli Lilly, which is racing to launch its own obesity pill.
Prediction: 2 Artificial Intelligence Stocks That Will Be Worth More Than Nvidia by the End of 2026 - The Motley Fool
These companies should have higher earnings power than Nvidia in 2026.
Larry Ellison to backstop Paramount’s bid for Warner Bros. with $40B guarantee - The Washington Post
Warner Bros. Discovery previously said the hostile takeover bid by Paramount Skydance, run by David Ellison, had insufficient funding.
Tennessee makes a very California move to solve its In-N-Out problem - SFGATE
The arrival of In-N-Out to Idaho, Washington and Tennessee created massive hype and long lines. One of those states now has an app for tracking wait times.
What we know about what caused San Francisco’s blackout - The San Francisco Standard
PG&E’s renewed estimate for when the outage will be completely resolved is 6 a.m. on Tuesday.
S.F. power outage: More than 48 hours later, some parts of the city are still without power - San Francisco Chronicle
PG&E continued to work to restore power to thousands of customers in San Francisco on Monday.
Jim Beam to close one of its Kentucky distillery for a year as the whiskey industry navigates tariffs - PBS
The company's larger distillery in Boston, Kentucky, will continue to operate, the company said.
SEC Charges Three Purported Crypto Asset Trading Platforms and Four Investment Clubs with Scheme That Targeted Retail Investors on Social Media - SEC.gov
Nearly two dozen states sue the Trump administration over funding for CFPB - NPR
The attorney generals say the Trump administration is refusing to accept funding for the Consumer Financial Protection Bureau, which could hurt consumers in their states.
S&P 500 posts third-straight winning day, buoyed by AI trade: Live updates - CNBC
Wall Street is coming off a mixed week for the major averages.
