1. U.S. Supreme Court appears inclined to uphold a ban on TikTok if its Chinese owner doesn’t sell it by Jan. 19. Trump wants the court to put a hold on the deadline.

2. At least 10 people have died and the California fires have destroyed more than 10,000 structures.

3. Natural disasters caused an estimated $140 billion in insured lossesin 2024, according to Munich Re, the world’s largest insurer.

4. Meta is ending its fact-checking program and reducing curbs on discussions of contentious topics such as gender identity and immigration.

5. Nippon Steel and U.S. Steel want to keep their deal alive despite the White House’s efforts to kill it.

6. Taiwan Semiconductor Manufacturing Co has begun producing advanced four-nanometer chips for U.S. customers in Arizona.