Markets
- Gov. Walz calls on Trump to halt ICE operations in Minnesota after another fatal shooting - "Minnesota has had it. This is sickening. The President must end this operation. Pull the thousands of violent, untrained officers out of Minnesota," Walz said.
- New Berkshire CEO Abel quickly signals troubled Kraft Heinz stake could be toast - With Greg Abel as Berkshire Hathaway's new CEO of Berkshire Hathaway, the company is apparently preparing to sell some or all of its Kraft Heinz shares.
- Winter Storm Fern could cause significant power outages - The electric grid in many parts of the U.S. is already under strain due to rising demand from data centers and the slow construction of new power generation.
- Iran is not a major oil producer, but it still moves prices. Here's why - Iran is not a major producer of oil, but the recent civil unrest there still moved markets. Here's why.
- Trump's push for Greenland mineral rights could block China's access to rare earths - Greenland has the eighth largest rare earth reserves in the world at 1.5 million tons, according to 2024 data from the U.S. Geological Survey.
- Shares of CSG, one of the world’s fastest-growing defense firms, jump 30% on debut - Shares of Czech-based defense firm Czechoslovak Group (CSG) soared over 30% on its stock market debut on Friday.
- Airlines cancel hundreds of flights as massive winter storm sweeps across U.S. - U.S. airlines canceled flights and waived change fees for travelers as a cold snap and massive winter storm were forecast to sweep across the country.
- Nvidia’s Huang to visit China as AI chip sales stall - Nvidia CEO Jensen Huang plans to visit China ahead of the mid-February Lunar New Year, two people familiar with the matter told CNBC.
- Asia-Pacific markets mostly rise ahead of Bank of Japan decision - Asia-Pacific markets mostly climbed, tracking Wall Street gains as geopolitical concerns eased and investors looked ahead to the Bank of Japan's decision.
- Fed's main gauge shows inflation at 2.8% in November, edging further away from target - Inflation drifted slightly further from the Federal Reserve's target in November though in line with expectations.