Carvana stock, heavily shorted, closes 6% higher after wild swing

Associated Press
Jersey Mike's sandwich chain is acquired by private equity firm Blackstone
Jersey Mike's, the quickly expanding sandwich chain, is being acquired by the private equity firm Blackstone. The transaction is "intended to help enable Jersey Mike’s to accelerate its expansion across and beyond the U.S. market," the companies said Tuesday, as well as aid ongoing technological investments. Under terms of the agreement, Jersey Mike’s founder and CEO Peter Cancro will continue to lead the business and maintains a “significant equity stake" in the chain.
Yahoo Finance
Stock market today: Dow, S&P 500, Nasdaq slide as Russia-Ukraine tensions rattle markets
Worries about a nuclear escalation to the Russia-Ukraine war rattled markets, stealing focus from Nvidia and Walmart earnings.
USA TODAY
Nancy Mace introduces resolution to ban transgender women from accessing women's restrooms
South Carolina Republican Rep. Nancy Mace introduced a resolution to ban transgender women from using the womens’ restrooms at the Capitol.
Reuters
Iraq to hold first nationwide census since 1987
Iraq will begin its first full national census in more than three decades on Wednesday, a pivotal moment as it looks to gather demographic data for future planning and development. The census, the first full one since Saddam Hussein was President in 1987, aims to provide a comprehensive count of Iraq's population, estimated to exceed 43 million people by the end of 2024, said Iraq's planning ministry spokesperson Abdul Zahra al-Hindawi. Attempts at conducting a national census were delayed by years of conflict, instability and disagreement among political factions, but with the country now in a period of stability, authorities hope the process will be completed successfully.
Reuters
Nvidia's Run:ai deal to get EU antitrust decision by Dec. 20
EU antitrust regulators will make a decision on U.S. chipmaker Nvidia's proposed acquisition of Israeli AI startup Run:ai by Dec. 20, according to a European Commission filing. The EU antitrust watchdog warned last month that the deal threatens competition in the markets where the companies operate and ordered Nvidia to seek its approval before it can close the deal. The Commission can either clear the deal with or without remedies during its preliminary review or it can subsequently open a four-month long investigation if it has serious concerns.
CBS News
What we know after 43 monkeys escaped a South Carolina research facility
Forty-three rhesus macaque monkeys escaped from the research facility in Yemassee, South Carolina, and several are still running loose as authorities try to bait them back to the compound. Here is what we know.
AFP
Macron tells Xi he shares desire for 'durable peace' in Ukraine
French President Emmanuel Macron told China's leader Xi Jinping on Tuesday that he shared the desire to see "durable peace" in Ukraine -- a topic discussed at a G20 summit both are attending in Rio."You share like us the same concern following Russia's bellicose and escalatory declarations on nuclear doctrine," said the French president.
Reuters
Lavrov says Ukrainian attack on Russia with U.S. missiles is a Western escalation
Russian Foreign Minister Sergei Lavrov said on Tuesday that an attack on Russia's Bryansk region by Ukraine using U.S.-supplied ATACMS missiles was a clear signal that the West wanted to escalate the Ukraine conflict. "The fact that ATACMS were used repeatedly in the Bryansk region overnight is, of course, a signal that they want escalation," Lavrov, speaking in Rio de Janeiro, told reporters.
AFP
US envoy says end to Israel-Hezbollah war 'within grasp'
US special envoy Amos Hochstein said during a visit to Beirut on Tuesday that an end to the Israel-Hezbollah war was "now within our grasp" as he met with officials to discuss a truce plan largely endorsed by Lebanon.A Lebanese official said Monday that his government had "a very positive view" of the truce plan, while another said Lebanon had been waiting for Hochstein "so we can review certain outstanding points with him".
AFP
French farmers threaten 'chaos' over proposed EU-Mercosur deal
French farmers stepped up their protests Tuesday against a proposed trade pact between the European Union and four South American countries, blocking a key motorway on the border with Spain and vowing to sow "chaos."Dozens of farmers backed by Coordination Rurale (CR), a hard-line farming union, set up a roadblock on the A9 motorway at the southern town of Le Boulou, close to the border with Spain, blocking lorries but allowing cars through, an AFP journalist saw.
Reuters
Mexico asks US for complete file on Zambada's arrest, local media reports
MEXICO CITY (Reuters) -Mexican President Claudia Sheinbaum asked U.S. President Joe Biden to provide all information regarding the arrest earlier this year of legendary drug kingpin Ismael "El Mayo" Zambada, according to a report from broadcaster N+ published on Tuesday. The N+ report said the request was made during a meeting between the two leaders on the sidelines of the G20 summit in Rio de Janeiro. "I proposed this, which is an issue that has been difficult in our relations, asking him for all possible information so that we can also evaluate it," Sheinbaum told N+, referring to her meeting with the outgoing U.S. president on Monday.
NBC News
Matt Gaetz allegations and New York City stabbings: Morning Rundown
A lawyer said his client was allegedly paid to have sex with Matt Gaetz at a 2017 party.
USA TODAY
Germany says damage to 2 underwater telecommunication cables is 'sabotage'
Two telecommunications cables running through the Baltic Sea were damaged in what Germany called an act of 'sabotage.'
Reuters
Reuters taps Sally Buzbee to be News Editor for US and Canada
Sally Buzbee, most recently the executive editor of the Washington Post, will join Reuters as News Editor for the United States and Canada, overseeing the global news agency’s coverage of a second Donald Trump presidency, among other priorities, Reuters said on Tuesday. Buzbee, 59, replaces Kieran Murray, who will begin a new role as the top editor of the company’s live events business. Murray ran Reuters’ Washington bureau for the past eight years and oversaw its U.S. and Canadian operations for the past five.
Yahoo Finance
Microsoft debuts new Copilot software, touts AI growth at Ignite Conference
Microsoft announced a number of new AI features for its enterprise products during its Ignite conference in Chicago on Tuesday.
Reuters
Italian lawmakers urge government to scale back crypto, web tax plans
Italian ruling-coalition lawmakers are urging the government to scale back plans to increase taxes on cryptocurrency capital gains and expand the number of firms forced to pay a digital tax, a parliamentary document showed on Tuesday. Both proposals are part of more than 300 "priority amendments" that the ruling parties have submitted to change Prime Minister Giorgia Meloni's budget for next year, testing her ability to keep lawmaker requests at bay. Economy Minister Giancarlo Giorgetti intends to hike taxation on capital gains from cryptocurrency such as bitcoin to 42% from 26%.
CNN
Rare silver coin struck before the American Revolution sets auction record, selling for $2.52 million
An American silver coin dating back to the 17th century, before the United States was founded, has sold for a record-breaking $2.52 million at auction, eight years after it was discovered in an old cabinet in Amsterdam.
CNN
Spirit’s bankruptcy won’t impact holiday travelers, experts say. But frequent flyers and routes could be impacted next year
Travelers with plans to fly Spirit Airlines over the holidays shouldn’t worry, but the airline’s bankruptcy could affect frequent flyers and routes down the line.
Politico
Senate Republicans deliver a message to Trump: Gaetz's confirmation is in jeopardy
They’re privately hoping Trump doesn’t make them walk the plank.
Associated Press
Prosecution is expected to rest in trial over death of Georgia nursing student Laken Riley
Prosecutors are expected to wrap up their case Tuesday in the trial of the man accused of killing Georgia nursing student Laken Riley. Jose Ibarra, 26, is charged with murder and other crimes in Riley’s death in February. The killing added fuel to the national debate over immigration when federal authorities said Ibarra illegally entered the U.S. in 2022 and was allowed to stay in the country while he pursued his immigration case.

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