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A tiny Colorado town has approved a $120 million purchase of a ski resort on the Ikon Pass - AspenTimes.com
A small Colorado town of about 1,500 people is closing in on a deal to purchase a popular ski area on the Front Range. Nederland's board of trustees voted unanimously Tuesday night to approve an asset purchase agreement outlining a $120 million price tag for …

Macy's stores closing 2026: See the new round of store closures - Axios
Macy's liquidation sales at closing stores are expected to start in mid-January, the retailer told Axios.
Trump says he wants government to buy $200 billion in mortgage bonds in a push to bring down mortgage rates - CBS News
President Trump says he is directing the federal government to buy $200 billion in mortgage bonds, a move he said would help reduce mortgage rates at a time when Americans are worried about home prices.

Invesco backs this fixed income play, as investors hunt non-U.S. safe havens - CNBC
Invesco's Alexandra Ivanova flagged this fixed income alternative as investors look to diversify beyond the U.S.

Asia markets trade mixed ahead of China inflation data; Uniqlo owner shares jump 7% - CNBC
Asia-Pacific markets were set to trade higher Friday as investors parse China's inflation data coming out later in the day.

GM’s EV Charges Balloon to $7.6 Billion as US Demand Craters - Bloomberg.com
General Motors Co. will take another $6 billion in charges tied to production cutbacks in its electric vehicle and battery operations as the financial fallout spreads from the weakening US market for EVs.

ChatGPT unveils new health tool for doctors - Axios
Physicians can use the new product to access medical research and patient data securely.
Stocks face their first real test of 2026 with Friday’s pivotal jobs report and possible tariff ruling - MarketWatch
High valuations raise the stakes for U.S. jobs data to come in just right, according to Sevens Report Research

Trump instructs 'representatives' to buy $200 billion in mortgage bonds, aiming to lower rates - CNBC
President Donald Trump said he is "instructing my Representatives" to buy $200 billion in mortgage bonds.
Silver Extends Drop as Traders Brace for Wider Index Rebalancing - Yahoo Finance
Passive tracking funds are selling precious metals futures from Thursday to match new weightings required by the indexes — a usually routine process that has...

Illumina Appoints Dr. Eric Green as Chief Medical Officer - Illumina

GM reports $6 billion hit from now-unused EV investments - The Detroit News
GM has been shaken by the end of a $7,500 tax credit for new EV buyers and lessees, plus a pullback on federal rules on greenhouse gas emissions.

Why a Chinese Robot Vacuum Company Spun Off Not One but 2 EV Brands - WIRED
The pivot doesn’t look out of place at CES, where Chinese electronics companies are increasingly applying their manufacturing prowess to new industries.
Trump says he'll block defense contractor stock buybacks. Here's what his executive order actually does. - Business Insider
Defense Secretary Pete Hegseth now has leverage over defense contractors' financial decisions, from executive comp to shareholder payouts.
Statement regarding Glencore plc (“Glencore”) - Rio Tinto

GM takes $6 billion hit as cost of backing away from EVs - CNN
General Motors on Thursday said it will take an additional $6 billion hit against its earnings as result of it pulling back on its electric vehicle plans.

Inside Daniel Lurie’s handling of Waymo crisis during S.F. power outages - San Francisco Chronicle
Mayor Daniel Lurie’s texts with Waymo CEO Tekedra Mawakana show how he sought to end the robotaxi traffic chaos during San Francisco's PG&E power outages.
Merck in talks to buy biotech Revolution Medicines, FT reports - Yahoo Finance
Jan 8 () - Merck is in talks to buy cancer drug developer Revolution Medicines, the Financial Times reported on Thursday, citing people familiar with the...

Merck in talks to buy cancer drugmaker Revolution Medicines for up to $32bn - Financial Times
US company is attempting to acquire the maker of a new treatment for pancreatic cancer

Merck in talks to buy cancer drugmaker Revolution Medicines - Financial Times
US company is attempting to acquire the maker of a new treatment for pancreatic cancer