What’s News
Merkel Says Truck Crash Believed to Be Terror
German Chancellor Angela Merkel said that the truck crash at a Berlin Christmas market that killed 12 people and injured 48 was believed to have been a terrorist attack. 1182
Man Detained in Turkey After Firing Shots Outside U.S. Embassy
The U.S. closed its main diplomatic missions in Turkey after a man fired shots outside its embassy not far from where the Russian ambassador was assassinated hours before, further rattling nerves in a country hit by a string of terrorist attacks.
A Billionaire Retrenches in a Tough Year for Hedge Funds
Jamie Dinan goes on an offensive as his York Capital Management fund digs out from its second straight down year.
China’s World
China Throws Out South China Sea Rule Book
Beijing has taken pains to justify its assertive actions in the South China Sea, but hardly bothered with a legal rationale for a Chinese ship’s seizure of a U.S. drone.
Electors Line Up Behind Trump
Members of the Electoral College meeting in state capitals across the country confirmed President-elect Donald Trump’s victory in the 2016 election, ending a last-ditch campaign to deny him the presidency. 1358
Air Force Pushes Back Over F-35 Cost Overruns: ‘That’s in the Past’
The U.S. Air Force general in charge of the fighter jet program disputed Donald Trump’s contention that costs are out of control, saying overruns largely ended in 2011. 202
The Travels of Mrs. Murray’s Toyota Unveil Terror-Finance Network
Annie Murray’s 2009 Land Cruiser followed the same overseas car caravan that U.S. officials alleged raised millions of dollars for Hezbollah—a trade route they thought was cleaned up five years ago.
Jeep’s Latest Push Into China Proves a Tough Slog
Fiat Chrysler has made a big bet on China, investing in local production and more dealers in a bid to turbocharge sales of Jeeps in the country. But fierce competition amid slowing growth has dealers already cutting prices.
Apple Hits Back at EU Tax Order
Apple fought back against the European Union’s decision that €13 billion in tax breaks the company received from Ireland were illegal, as the feuding sides dug in for a protracted legal battle.
GlaxoSmithKline’s New Drug Challenges HIV Treatment Orthodoxy
GlaxoSmithKline’s ViiV Healthcare announced positive phase-three trial results for its new HIV drug in a dual-drug regimen, supporting the company’s audacious bet that it can shift the treatment orthodoxy away from three-drug combinations.
Uber Sees Third-Quarter Loss
Uber Technologies Inc. continued to grow sales but also continued to lose money in the third quarter, which could cool for now any chances for its hotly-anticipated initial public offering.
European Stocks Close to All-Year High
European stocks inched toward their highest level this year, although the shooting of a Russian diplomat and attacks in Berlin and Zurich weighed on the euro and kept investors’ risk appetite subdued.
Lloyds Buys Bank of America’s MBNA for $2.4 Billion
Lloyds Banking Group said it is buying the credit-card business of Bank of America, MBNA, for £1.9 billion ($2.35 billion), as part of its plan to grow its consumer-finance business.
Euronext in Talks to Buy LSE’s French Clearing Unit
London Stock Exchange Group said it is in exclusive talks to sell the French arm of its derivative exchange to pan-European exchange operator Euronext, a move that could help win regulatory approval for LSE’s planned merger with Deutsche Börse.
2016: A Very Good Year for Stock Market Contrarians
Investors who bucked the market trend won big this year. By one measure, contrarian stock investors had returns of 31% so far this year, marking their biggest gains since 2009.
World
Venezuela Deploys Troops After Weekend Riots
President Nicolás Maduro’s government deployed 3,000 troops to the southeastern state of Bolivar on Monday after people desperate over the government’s elimination of much of the country’s currency looted stores and homes over the weekend
Year in Review
The Best Arts and Culture of 2016
Not everything about 2016 was terrible. The WSJ picks the best of culture, including art, books, movies, plays, music and more.
The Best Architecture of 2016: Structures New and Reclaimed
Both bold innovation and thoughtful renovation defined the year in architecture.
Real Estate
Old Brazilian Hospital Compound Gets a Luxury Makeover
An old Brazilian hospital compound is getting a $1.5 billion luxury face-lift thanks to an entrepreneur who plans to convert the São Paulo property into a high-end hotel, residential and retail complex.
Health & Wellness
Bonds
How to Fall Back in Love
New research finds people can increase their romantic feelings by practicing ‘love regulation.’ Try looking at pictures from your relationship and thinking positive thoughts.
Fitness Doubles as Date Night
The French winemaker behind E. Guigal makes time with his wife with a waltz and a tango.
Video
Berlin Truck Attack Suspect in Police Custody
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Merkel: 'We Must Assume Attack Was Terror Attack'
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The Motives Behind China's U.S. Drone Seizure
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Photos
Life
It’s OK to Eat Fancy Chocolate
Chocolate sales are up 18% since 2011. When it is high in cocoa, low in sugar and full of premium ingredients people feel it is almost a healthy indulgence.
A Festival’s New Approach
Day for Night offered its own take on presenting contemporary music and featured acts like Björk, Run the Jewels and Aphex Twin.