Workflow
Coinbase sues 3 U.S. states over prediction markets
Yahoo Finance· 2025-12-19 16:46
The Coinbase (NASDAQ: COIN) crypto exchange has launched lawsuits against three U.S. states, Connecticut, Illinois, and Michigan, arguing that federally regulated prediction markets fall under the U.S. Commodity Futures Trading Commission's (CFTC) exclusive authority, not state gambling laws. Coinbase is taking three U.S. states to court in a bid to secure federal protection for its upcoming prediction markets, opening a new legal front in the ongoing debate over whether event contracts are financial der ...
California Resources Closes Berry Merger, Expands Asset Base
ZACKS· 2025-12-19 16:46
Key Takeaways CRC completed its all-stock merger with Berry, adding scale as Berry became a subsidiary.Merger expands CRC's California portfolio with low-decline assets, 20,000 net acres and 20 Mboe/d.CRC targets $80-$90M annual synergies within 12 months while keeping pro forma leverage below 1X.California Resources Corporation (CRC) has completed its all-stock combination with Berry Corporation, making Berry a wholly owned subsidiary of California Resources.Announced just over three months ago, the roughl ...
MCD, YUM or BROS: Which Restaurant Stock Offers the Best 2026 Setup?
ZACKS· 2025-12-19 16:46
Key Takeaways McDonald's relies on value, loyalty and menu innovation as global comparable sales increased 3.6% in Q3.Yum! Brands recorded about $10B in Q3 digital system sales, with digital making up nearly 60% of transactions.Dutch Bros delivered 25% Q3 revenue growth and plans roughly 175 new system shops in 2026.The U.S. restaurant industry is navigating a softer demand backdrop as consumers remain cautious on discretionary spending. Value sensitivity, mixed traffic trends and ongoing cost pressure con ...
Are the Markets Setting Up for a Santa Claus Rally?
ZACKS· 2025-12-19 16:46
Key Takeaways Markets Rose on Calm Inflation Rate YesterdayStill Off Yearly Highs, Are We Positioned for a Santa Claus Rally?Following Earnings Reports from NKE and FDX Yesterday, WGO, LW and CAG Report This MorningFriday, December 19, 2025Pre-market futures are fighting to stay in the green this morning, tacking toward flat levels for much of the early morning trading. Major indexes closed higher Thursday, partly due to relief on the latest Inflation Rate from that morning’s CPI report, which showed a -40 ...
Nike's Profits Topped Estimates. Here's Why the Stock Is Tumbling Anyway
Investopedia· 2025-12-19 16:46
Key Takeaways Nike shares slumped Friday after the athletic apparel giant gave a weaker-than-expected outlook and warned of sales headwinds in China.The shoe maker's fiscal second-quarter revenue and earnings beat analysts' estimates as sales in North America rose, but sales in China sank. Nike shares tumbled Friday, despite quarterly profits that topped estimates, as a weaker-than-expected outlook and headwinds in China weighed on sentiment. The shares were down nearly 10% to about $59 in recent tradi ...
Classic-car market poised for strong 2026, says Hagerty CEO
CNBC· 2025-12-19 16:46
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.The strength in the classic-car market is expected to continue in 2026 as a new generation of collectors revs up demand, said the CEO of Hagerty.Auctions and online sales of collectible cars surged 10% in 2025 to $4.8 billion, according to Hagerty, the classic-car insurance company and collector p ...
Krispy Kreme to Sell Japan Operations for $65 Million Proceeds
WSJ· 2025-12-19 16:46
Krispy Kreme has signed a deal to sell its operations in Japan to private-equity firm Unison Capital for cash proceeds of about $65 million, which the doughnut maker will use to pare its debt load. ...
Meta CEO Mark Zuckerberg cuts off pro-immigration group he founded in retreat from advocacy
New York Post· 2025-12-19 16:45
Core Points - Mark Zuckerberg has severed ties with the pro-immigration group FWD.us, which he co-founded over a decade ago, as the Chan Zuckerberg Initiative (CZI) shifts its focus away from political advocacy towards science and biomedical research [1][6][9] - This marks the first time FWD.us will operate without financial support from Zuckerberg, Chan, or CZI since its inception in 2013 [2][3] - The formal separation occurred in April 2023, with FWD.us removing CZI from its internal bylaws [3] Group 1: Changes in Philanthropic Focus - CZI is transitioning away from political and social advocacy, concentrating on scientific endeavors, particularly through initiatives like the Biohub [6][9] - Zuckerberg has made significant changes at Meta Platforms Inc., including dismantling diversity programs and altering hate speech policies related to immigration [5][10] Group 2: Impact on FWD.us - FWD.us is losing its primary financial backer at a critical time, as the Trump administration has intensified its immigration enforcement policies [12] - Since its founding, over half of the approximately $400 million donated to FWD.us has come from Zuckerberg's philanthropic efforts [13] - FWD.us has been preparing for financial independence, with funding from non-CZI sources increasing three to four times between 2022 and 2024 [16] Group 3: Future Advocacy and Strategy - FWD.us President Todd Schulte stated that the organization is focusing on data-driven advocacy to address immigration and criminal justice reform [20][21] - The group aims to advance bipartisan solutions that enhance the economy and improve immigration and criminal justice systems [21]
Credit Review, HELOC, 2nd Products; Freddie and Fannie News; Cap. Markets
Mortgage News Daily· 2025-12-19 16:45
Credit Review, HELOC, 2nd Products; Freddie and Fannie News; Cap. Markets Lender and Broker Services, Products, and SoftwareNewrez Wholesale has enhanced its partner protection program with Newrez Broker Protect, delivering broader and longer coverage for approved partners. Starting January 1, 2026, all approved broker partners receive 18 months of solicitation protection on funded Agency and Government loans. RezClub members gain even more with 30-month protection and a simplified 4-point qualification sy ...
CREDIT AGRICOLE SA: REDUCTION OF RESOURCES TO THE LIQUIDITY CONTRACT WITH KEPLER CHEUVREUX
Globenewswire· 2025-12-19 16:45
Press release Montrouge, December 19 2025 REDUCTION OF RESOURCES TO THE LIQUIDITY CONTRACT WITH KEPLER CHEUVREUX In accordance with the agreement signed as of 25 October 2006, updated on 18 January 2019, and amended by Amendment No. 1 dated 6 July 2020 and by Amendment No. 2 dated 18 March 2022, Crédit Agricole S.A. (ISIN: FR0000045072) entrusted Kepler Cheuvreux with the implementation of a liquidity contract (the "Contract"). This Contract, with an initial amount of €50 million, is intended to create an a ...