The Wrap-Up for Monday December 29
2025-12-29_15-41 • 1m 46s
Frank Holland (Anchor)
00:00.000
Welcome
back
to
Worldwide
Exchange.
Get
a
check
on
a
few
big
stories
that
we
are
following
this
morning.
Bank
of
America's
Frank Holland (Anchor)
00:04.880
CEO,
Brian
Moynihan,
signing
off
on
President
Trump's
trade
policies
in
an
interview
with
CBS
saying
his
bank
now
sees
the
White
House
de-escalating
rather
than
escalating
tensions
around
tariffs
in
the
new
year.
Moynihan
Frank Holland (Anchor)
00:15.840
added
that
China
remains
a
separate
issue
because
of
matters
like
national
security
and
rare
earth
minerals.
The
Frank Holland (Anchor)
00:21.520
Wall
Street
Journal
is
reporting
that
Department
of
Justice
is
launching
new
probes
into
companies
using
DEI
initiatives
for
hiring
and
promotions.
Frank Holland (Anchor)
00:29.240
The
paper
says
that
Google
and
Verizon
are
among
the
companies
that
have
received
demands
for
documents
and
information
about
their
workplace
programs.
Bloomberg
Frank Holland (Anchor)
00:36.800
is
reporting
that
SoftBank
is
in
talks
to
buy
DigitalBridge
Group,
a
private
equity
firm
that
invests
in
assets
such
as
data
centers.
The
report
says
a
Frank Holland (Anchor)
00:43.520
deal
could
be
announced
as
soon
as
today.
Frank Holland (Anchor)
00:46.080
IBM
announcing
the
death
of
former
chairman
and
CEO
Lewis
Gershner
over
the
weekend.
He
passed
away
at
the
age
of
83.
Frank Holland (Anchor)
00:52.640
Current
CEO
Arvind
Krishna
informing
employees
of
Gershner's
passing
in
an
email
yesterday.
Frank Holland (Anchor)
00:57.000
During
the
nine
years
he
led
the
company,
Gershner
is
credited
with
turning
IBM
around,
as
it
faced
a
potential
bankruptcy.
Frank Holland (Anchor)
01:03.680
And
that
winter
weather
continues
to
create
problems
for
travelers
looking
to
get
home
from
the
holidays
with
a
total
of
over
6,000
flights
in
and
out
of
the
US
delayed
and
more
than
500
canceled.
So
Frank Holland (Anchor)
01:12.640
far,
just
today,
more
than
670
flights
are
delayed
and
over
260
are
canceled.
An
avatar
Frank Holland (Anchor)
01:18.920
fire
and
ash
holding
the
top
spot
at
the
box
office
over
the
holiday
weekend,
pulling
in
$88
million
domestically,
the
Frank Holland (Anchor)
01:24.560
film's
pulled
in
over
$217
million
in
North
America
and
$760
million
worldwide
since
the
debut
just
two
weeks
ago.
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