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Viacom Shares Collapse 21 Percent on Weak Ad Sales, CEO Defends Leadership
Viacom chief executive Philippe Dauman dispatched a defensive plea to Wall Street that he will turn around the embattled media giant after it reported disappointing first-quarter earnings that sent shares tanking a massive 21 percent on Tuesday.
Q&A: Viacom Is Betting on Snapchat to Stay Relevant With Millennials  Adweek
Viacom chief Philippe Dauman takes a swing at critics -- and stock price ...  Los Angeles Times
New York Times  
Walt Disney Co. posts record quarterly profit on success of 'Star Wars'
Walt Disney Co. headquarters in Burbank. "Star Wars: The Force Awakens" was largely responsible for the company's successful fiscal first quarter.
Disney Exceeds Quarterly Earnings Expectations on 'Star Wars' Mania  Hollywood Reporter
Disney Earnings Rise 28%, but Cable Unit Slips  New York Times
U.S. Stocks Slip, Nasdaq Composite Edges Closer to Bear Market
U.S. stocks slipped, with the Standard & Poor's 500 Index holding near its lowest since April 2014 while the Nasdaq Composite Index edged closer to a bear market amid declines in energy and technology shares.
Stocks close slightly lower as oil plunges below $28 a barrel  USA TODAY
US equities bounce from early lows, finishing slightly in the red  Washington Post
Job Openings Surged in December
WASHINGTON - Job openings in the United States surged in December and the number of Americans voluntarily quitting work hit a nine-year high, pointing to labor market strength despite a slowdown in economic growth.
More Americans quitting jobs as labour market strengthens  Reuters
A Stronger Jobs Outlook at Builders and Factories Alleviates U.S. Recession ...  Bloomberg
Midwest Drivers May See Gasoline Below a $1
Drivers in Chicago and other parts of the Midwest may see gasoline prices at the pump fall to 99 cents a gallon as regional stockpiles swell.
Don't look now: $1 gas may be close  USA TODAY
Who's Predicting 99-Cent Gas?  CSPnet.com
Fed tells banks to prepare for negative rates
Negative interest rates in the U.S. may seem like a far-fetched idea, but the Federal Reserve is telling banks to prepare, just in case.
The yen has crossed a critical 'line in the sand'  MarketWatch
US Economy Braces For The Worst After Asian Markets Implode  Daily Caller
Yellen faces tough sell on Fed rate hikes in Congress
... * Fed chair to acknowledge volatility, keep rate hikes alive. * Two days of congressional testimony could get heated. By Jonathan Spicer and Ann Saphir.
The World vs. Janet Yellen  Wall Street Journal (blog)
Stocks end mostly flat in choppy trade; Yellen eyed  CNBC
Coke profit up on more purchases, smaller cans
Want more news? Sign up for free newsletters to get more of the AJC delivered to your inbox. Despite a continued slump by Diet Coke in North America, Coca-Cola's biggest business - sodas - ended the year in positive territory.
Coca-Cola Fights for 'Zero' Trademark Rights  Nasdaq
UPDATE 1-Cost cuts help Coca-Cola beat profit expectations  Reuters
FOREX-US dollar falls with oil, equities as markets seek safety
(Recasts; adds data, quote; updates prices). * U.S. dollar index falls to lowest since mid-October. * Safe-haven yen and Swiss franc gain as stocks drop.
Follow Fund Managers and Buy Bonds  TheStreet.com
The Latest: European stocks close down amid world volatility  San Francisco Chronicle
Deutsche Bank Said in Early Stages of Considering Bond Buyback
Deutsche Bank AG is considering buying back some of its debt, according to a person familiar with the company's deliberations.
No easy way out for Deutsche Bank as investors 'lose faith'  Reuters
Deutsche considers multibillion bond buyback  CNBC