record

World number one Luke Littler has signed a record sponsorship deal for a darts player worth a reported £20m.

The 18-year-old, who claimed the £1m prize for winning the World Championship earlier this month, has signed a 10-year agreement with Target Darts.

Target has described the deal as “the largest agreement in darts history between a brand and a player” and PA Media reports that it is worth up to £20m with potential bonuses and add-ons.

BBC Sport has contacted Littler’s representatives and Target Darts for comment.

Littler has won two world titles and already has 10 major titles to his name.

“Target has believed in me from day one,” said Littler, who is also managed by the company.

“From my playing career to my product range, we’ve built everything together and I’m really excited to commit to our partnership long-term and see where we can take this next.”

SACRAMENTO — In his final State of the State address, Gov. Gavin Newsom will look to define his legacy by touting California’s economic and policy achievements while casting the state as a counterweight to dysfunction in Washington.

The speech, which he will deliver Thursday morning to lawmakers in the Capitol, highlights economic strength, falling homelessness and expanded education funding, while also offering a glimpse of how Newsom is positioning himself beyond his final year in office.

In a summary of the speech provided Thursday morning, Newsom portrayed California as a financial powerhouse that strives to help those in need and works diligently to address its own shortcomings, including high housing costs, unlike the chaotic Trump administration. Newsom, who has acknowleged that he is considered a 2028 bid for president, argues that the state is positioned not just to endure the moment but to help shape what comes next nationally.

Newsom is expected to announce an estimated 9% drop statewide in unsheltered homelessness last year, addressing a topic that has been a persistent political vulnerability for the two-term governor and former San Francisco mayor. Despite some improvements, California has been home to nearly a quarter of the nation’s homeless population, according to the Public Policy Institute of California.

Newsom also said two of his top priorities — the mental health program known as CARE Court and Proposition 1, the statewide bond measure he championed to provide funding for mental health and homelessness — are achieving results ahead of schedule, with counties now equipped with funding, authority and tools to combat the crisis.

Calling affordability a multi-layered crisis, Newsom is expected to signal a tougher stance toward the buying spree of homes by private equity and institutional investors in California. That message is a rare point of rhetorical overlap with Trump, who has said the United States should bar such practices because they push prices beyond the reach of many Americans.

Newsom offered a few previews of select budget priorities, with his office set to unveil the full proposed budget on Friday. The governor will announce that the state would set a record on per-student funding in public schools and fully fund universal transitional kindergarten under his budget proposal. He is also expected to announce a major shift in how the state oversees education, unifying the policymaking State Board of Education with the California Department of Education, which is responsible for carrying out those policies.

The address will mark the first time in five years that Newsom delivers a State of the State from the Assembly rostrum. His last in-person address came shortly before COVID-19 shut down the Capitol in early 2020.

Last year, he delivered his written remarks unusually late, in September, during which he said the state was under siege by the Trump administration — which he accused of dismantling public services, flouting the rule of law and using extortion to bully businesses and universities — all while California grappled with the aftermath of the devastating Los Angeles County fires, spiraling housing costs and an uneven economic recovery.

Like past speeches, Newsom will tout the successes of California, now the world’s fourth-largest economy.

In the final week of the regular season, the Jags secured the division title for the third time in 26 years. They beat the Tennessee Titans 41-7 to pip the Houston Texans to the AFC South top spot.

During that game, Little scored the first 67-yard field goal in the NFL. He now has the two longest field goals in league history.

Last season, they won just four games and brought in a new head coach in Liam Coen as well as former player Tony Boselli as executive vice-president of football operations.

Under their guidance, they won 13 games and head into the play-offs on a eight-game winning streak.

“Something that coach Coen’s harped on is just going 1-0 every week,” says Little.

“Everyone’s on the same page as far as captains on the team, guys that are leaders on the team, and front office and head coach and coaching staff.

“When you combine those three levels of front office, coaching staff, and captains on the team and leaders on the team, that forms to success.

The Jaguars will now face the Buffalo Bills in the AFC Wild Card round on Sunday at 18:00 GMT.

For Little, it is another special moment in his career.

“This is the first time in my career that I’ve played post-season football that matters – where you win or go home. So I think it makes for a fun environment, not only for us playing in it, but for the fans as well. It brings a side of Jacksonville that I’m excited to see.”

The picturesque Yorkshire village is home to a Guinness World Record-holding sweet shop and traditional cafés serving up delicious treats in the stunning Nidderdale countryside

A stunning Yorkshire village is home to the world’s oldest sweet shop – nestled right in the heart of an Area of Outstanding Natural Beauty.

Hidden away in Nidderdale lies the delightful village of Pateley Bridge, providing a slice of rural Yorkshire life and serving as an ideal starting point for discovering the surrounding area. At its heart, you’ll find the treasure that is The Oldest Sweet Shop, a preserved snapshot of traditional village existence.

Officially recognised by Guinness World Records as the oldest of its kind on the planet, this historic building has been spreading joy through confectionery across multiple generations. Guests can savour the delight of classic and time-honoured sweets in a charming, cottage-style establishment that has devoted its entire existence to sugary delights.

Within, the displays are stocked with nostalgic treats, crafted using recipes dating back to the 19th Century, maintaining their authentic character. Additionally, they stock baked products, whose tastes evoke cherished childhood recollections for numerous patrons.

One recent customer at the establishment wrote on TripAdvisor: “A lovely old shop with ‘old-fashioned’ sweets that children born in the 1960s and onwards will fondly remember, probably even earlier! There are a couple of sweet machines and an old cash till used for pre-decimal coins, including old pounds, shillings, and pence.”.

“We bought some sweets, including a quarter of coconut mushrooms, which I’d not eaten in many years. Thank goodness there are still shops selling sweets from yesteryear!” Another thrilled customer shared: “Upon walking into this delightful little sweet shop, the smell and shelves full of old fashioned sweets brought back lovely childhood memories, it took me some time to make up my mind as to which sweets I should pick. It certainly deserves a visit; you will not be disappointed.”

Beyond this enchanting shop, the village also boasts a charming High Street filled with other shops, galleries and eateries for you to explore. Among these treasures is the quintessentially British café, The Old Granary Tea Shop, offering comforting home-cooked fare.

A pleased visitor shared: “A lovely, friendly, welcoming café with proper homemade chips, delicious local pies, ham, etc., generous portions and reasonable prices. Also dog friendly!” Another customer praised it as being “perfect in all regards”.

For those interested in delving deeper into the village and its surroundings, Nidderdale Museum serves as an ideal stopover for a dose of historical Yorkshire. Spread across 11 rooms, it showcases a wide array of artefacts from bygone eras, including items related to agriculture, religion, transport, education, and more.

The museum continues to operate largely due to the generosity of local volunteers who are passionate about preserving the area’s heritage and fostering community spirit. As such, it charges a £5 entry fee per adult, while children can visit at no cost.

OASIS racked up a million album sales in the UK this year – without releasing a single new tune. 

Their reunion tour has fuelled a massive resurgence in their records, meaning two of their albums finished in 2025’s Top Ten, according to the British Phonographic Industry. 

Brothers Liam and Noel Gallagher, along with their bandmates, also helped to drive an increase in vinyl purchases. 

This year, vinyl sales in the UK were up 13.3 per cent to 7.6million units.  

Oasis’ greatest hits collection Time Flies . . . 1994-2009 was the fourth most popular album of the year, while (What’s The Story) Morning Glory? was at No7 thanks to a reissue. 

Elsewhere, Taylor Swift’s The Life Of A Showgirl has been crowned the best-selling album of 2025.

GLYNNE AND OUT

Blow for Jess Glynne as she splits from megastar’s label after three years

WE WERE KINGS

Take That say ‘nothing could prepare them’ for fame in ‘deeply personal’ doc

This, despite it only coming out in October, while Sabrina Carpenter has two records in the Top Ten. 

The figures have been released as part of a report by the BPI on recorded music consumption. 

It also tells how a new wave of British talent including Olivia Dean and Lola Young have helped UK recorded music grow for the 11th year, with 210million albums sold. 

And I’ve got my eye on a whole flurry of new stars including Sienna Spiro and Skye Newman as we head into the new year. 

Elsewhere in Group C, Tanzania scrape through to the knockout stages for the first time after 1-1 draw with Tunisia.

Raphael Onyedika has scored twice, and Paul Onuachu has netted his first international goal in four years as already-qualified Nigeria overcame 10-man Uganda 3-1 to maintain a 100 percent record after the group stage and send the East African side home.

Nigeria ‍finished ⁠top of Group C on Tuesday with nine points, followed by Tunisia in second with four and Tanzania, who reached the round of 16 as one of the four best third-placed ​sides after their 1-1 ‌draw with Tunisia, also on Tuesday.

It was a dominant performance from Nigeria despite resting several regulars, having already been assured of the top spot ‍in the group.

After Onuachu missed a simple chance midway through the first half, ​he found the back of the net after 28 minutes.

Fisayo Dele-Bashiru ‌showed quick feet on the left, and his pass in to Onuachu was perfect for the big forward to finish. The goal was the striker’s first for Nigeria since 2021.

Uganda were reduced to 10 men in the 56th minute ‌when substitute goalkeeper Salim Jamal Magoola used his hands about 9 metres (10 yards) outside his area to stop a Victor Osimhen shot.

Magoola had been ‌a halftime replacement for injured starter Denis Onyango, so Uganda ⁠had to use their third goalkeeper in the game as Nafian Alionzi was brought on for midfielder Baba Alhassan.

Nigeria scored their second goal in the 62nd minute when Onyedika took Samuel Chukwueze’s pass and drilled his shot low through the legs of Alionzi.

Onyedika ‌netted his second five minutes later with a side-footed finish, Chukwueze again the provider with a pass from the right.

Uganda got a consolation goal with 15 minutes left as the Nigerian ‍defence momentarily went to sleep and Rogers Mato had time and space from Allan Okello’s pass to lift the ball over the keeper and into the net.

Nevertheless, Nigeria have impressed in the group stage, having been losing finalists two years ago and following the shock of missing out on 2026 World Cup qualification.

Meanwhile, Tanzania reached the knockout stage of the Africa Cup of Nations for the first time, 45 years after their maiden appearance, by coming from behind to draw 1-1 with fellow qualifiers Tunisia in Rabat.

Feisal Salum’s ‌powerful shot three minutes into the second half was enough to secure ‌the draw after Tunisia had been ‌ahead with a ⁠43rd-minute penalty converted by Ismael Gharbi.

It ‍was only ⁠Tanzania’s second point of the tournament but proved enough for them to advance as one of the four best ​third-placed finishers.

Tanzania have been trying since 1980 to advance beyond the group stage and have still to win a match in four appearances.

Dec. 28 (Asia Today) — South Korea’s won strengthened sharply last week after market-stabilization steps by authorities and currency-hedging moves by the National Pension Service, but the currency’s annual average exchange rate still posted its highest level since the financial crisis, keeping investors on edge.

In Seoul trading, the won closed at 1,440.3 per U.S. dollar at 3:30 p.m. Friday, its lowest level in about six weeks since Nov. 4, when it ended at 1,437.9.

The exchange rate had neared this year’s peak earlier last week, briefly moving past the 1,480 level. It then fell more than 30 won (about 2 cents) per dollar on Wednesday after foreign exchange authorities announced supply-and-demand measures along with an unusually pointed verbal warning to the market. On Friday, reports that the National Pension Service had carried out strategic currency hedging pushed the exchange rate into the 1,420 range during the session.

After the drop, the year-end closing rate set to be finalized Tuesday is now likely to end below last year’s 1,472.5 per dollar, a benchmark used by companies and financial institutions to value foreign-currency liabilities on financial statements.

Seo Jeong-hoon, a senior research fellow at Hana Bank, said a high year-end exchange rate could hurt the credit profile of firms and financial institutions with large foreign-currency debts, potentially weighing on corporate lending and investment next year.

Even so, volatility concerns are expected to persist as the exchange rate remains elevated by historical standards. Through Friday, the average exchange rate this year based on weekly closing prices was 1,421.9 per dollar, above the 1998 average during the foreign exchange crisis of 1,394.9, data from the Seoul foreign exchange market showed.

Market talk has increasingly described the weak won as a “new normal.” Major global investment banks have forecast the won-dollar exchange rate will average between 1,420 and 1,440 next year. Three-month forecasts from 12 investment banks, including Standard Chartered and Nomura, averaged 1,440, while six-month forecasts averaged 1,426, the report said.

The International Monetary Fund last year estimated the appropriate won-dollar exchange rate at around 1,330, suggesting those forecasts imply the won would remain weaker than its estimated fair value next year.

Moon Jeong-hee, chief economist at KB Kookmin Bank, said an annual average exchange rate in the 1,420 range is “excessively high” relative to South Korea’s economic fundamentals. If it becomes entrenched, she said, expectations of a structurally weak won could take hold and further dampen domestic investment.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Nikola Jokic recorded a 56-point triple-double and broke a record set by Steph Curry as the Denver Nuggets beat the Minnesota Timberwolves 142-138 on Christmas Day.

The Serb hit 56 points, recorded 16 rebounds and 15 assists – becoming the first player in NBA history to hit at least 55 points, 15 rebounds and 15 assists in a triple-double.

Three-time MVP Jokic hit 18 of his 56 points in overtime, breaking Curry’s record of 17 overtime points from 2016.

The Timberwolves took the game in Denver to overtime after clawing back a 15-point deficit in the final five minutes of the game.

Anthony Edwards top-scored for the Timberwolves with 44 points, including the game-tying three that took the game to overtime.

But the 24-year-old was ejected in the extra period for arguing over foul calls as the Nuggets clamed the win.

The Nuggets are third in the Western Conference, with the Timberwolves in fifth.

Dec. 24 (UPI) — The United States is witnessing an unprecedented decline in murders with 2025 projected to mark the largest one-year drop on record, an analysis of crime data indicates.

Crime analyst Jeff Asher, using data from the Real Time Crime Index, said murders have fallen nearly 20% nationwide between 2024 and 2025 following a 13% decline the previous year.

Several major cities hardest hit by gun violence were reporting sharp decreases.

Baltimore has been down 31%, Atlanta 26%, Albuquerque 32% and Birmingham at nearly 49%.

Nationally, robberies, property crime and aggravated assaults have also fallen by 18%, 12% and 7%, respectively.

The Hill attributed the decline to post-pandemic stabilization and heightened anti-violence initiatives at the local and federal level.

Meanwhile, U.S. President Donald Trump has expanded federal and National Guard interventions in cities such as Chicago, Washington, D.C., and New York since he returned to the White House.

In Memphis alone, murders dropped by almost 20% while Chicago recorded a 28% decrease.

Asher estimates roughly 12,000 fewer homicides occurred in 2024-2025 than during the pandemic peak though final FBI data is still pending.

A leading staycation operator has highlighted a big rise in people opting to use Christmas Day to make their holiday booking

There was a time when Christmas Day was all about opening the presents, over doing it on the festive feast, then sleeping it off in the front of the telly.

But times changes, and it seems a growing number of people are using the time off to plan ahead. And one emerging trend identified by holiday park operator Haven has been a big rise in the number of advanced bookings it has taken on December 25.

Historically, Christmas Day was quiet for the firm and other holiday companies ahead of a normal rush just after the new year. But Haven says that in recent years bookings have increased steadily, with a 46% leap on Christmas Day last year. While it did not provide exact numbers, bosses said it equated to hundreds of bookings on the day. Given the success last year, Haven says it is now anticipating a record breaking Christmas Day again.

Others will leave it 24 hours, but Boxing Day has also become ever more popular for families thinking of their holidays to come. Haven says Boxing Day bookings last year were up 28%, and it expects to take thousands of bookings over the two peak festive days this year.

Simon Palethorpe, the company’s chief executive, said: “Once the presents are unwrapped, carols sung and turkey stripped, more families are using their time together to book their Easter and summer holidays. Not only is selecting your family holiday on Christmas Day less likely to lead to a row than a board game – booking early with Haven can result in a great deal and big savings compared to those who book later.”

The coming weeks are when many people turn their attention to next summer’s getaway, with the dark months of winter encouraging many to dream of sunshine breaks to come. Experts certainly say that booking early can mean big savings, with operators traditionally launching early bird deals amid a marketing blitz around this time of year.

A peak of bookings is expected on January 3, or what is dubbed ‘Sunshine Saturday’ given the spike in business. Research released by trade body ABTA ahead of 2025’s big day revealed that 68% of people were planning to go abroad this year, and 45% were looking to explore a new country for their holiday.

Trade experts at consumer group Which? has this advice: “Don’t feel pressured into booking in a hurry. Time-limited deals aren’t always everything they promise so take the time to consider your options, and shop around to make sure you’re getting the right holiday for you, at the right price.

“Holiday booking scams are common at this time of year so if something looks too good to be true, always think twice. There are lots of dodgy ‘deals’ on social media, and fake listings can even make their way onto booking sites. Always avoid listings requesting payments by bank transfer, and consider doing a reverse image search on villas or rentals to check the images haven’t been lifted from elsewhere.”

WASHINGTON — A dozen U.S. senators are calling on the Justice Department’s watchdog to examine the department’s failure to release all records pertaining to the late sex offender Jeffrey Epstein by last Friday’s congressionally mandated deadline, saying victims “deserve full disclosure” and the “peace of mind” of an independent audit.

Republican Sen. Lisa Murkowski of Alaska joined 11 Democrats in signing a letter Wednesday urging Acting Inspector General Don Berthiaume to audit the Justice Department’s compliance with the Epstein Files Transparency Act, the law enacted last month that requires the government to open its files on Epstein and his longtime confidant Ghislaine Maxwell.

“Given the [Trump] Administration’s historic hostility to releasing the files, politicization of the Epstein case more broadly, and failure to comply with the Epstein Files Transparency Act, a neutral assessment of its compliance with the statutory disclosure requirements is essential,” the senators wrote. Full transparency, they said, “is essential in identifying members of our society who enabled and participated in Epstein’s crimes.”

Murkowski and Sens. Richard Blumenthal (D-Conn.) and Jeff Merkley (D-Ore.) led the letter-writing group. Others included Democratic Sens. Amy Klobuchar of Minnesota, Adam Schiff of California, Dick Durbin of Illinois, both Cory Booker and Andy Kim of New Jersey, Gary Peters of Michigan, Chris Van Hollen of Maryland, Mazie Hirono of Hawaii, and Sheldon Whitehouse of Rhode Island.

Meanwhile, Republican Rep. Thomas Massie of Kentucky, a co-sponsor of the transparency act, posted Wednesday on X: “DOJ did break the law by making illegal redactions and by missing the deadline.”

Despite the deadline, the Justice Department has said it plans to release records on a rolling basis. It blamed the delay on the time-consuming process of obscuring survivors’ names and other identifying information. More batches of records were posted over the weekend and on Tuesday. The department has not given any notice when more records might arrive.

“The reason why we are still reviewing documents and still continuing our process is simply that to protect victims,” Deputy Atty. Gen. Todd Blanche told NBC’s “Meet the Press” on Sunday. “So the same individuals that are out there complaining about the lack of documents that were produced on Friday are the same individuals who apparently don’t want us to protect victims.”

Records that have been released, including photographs, interview transcripts, call logs, court records and other documents, were either already public or heavily blacked out, and many lacked necessary context. Records that hadn’t been seen before include transcripts of grand jury testimony from FBI agents who described interviews they had with several girls and young women who described being paid to perform sex acts for Epstein.

Other records made public in recent days include a note from a federal prosecutor from January 2020 that said Trump had flown on the financier’s private plane more often than had been previously known and emails between Maxwell and someone who signs off with the initial “A.” They contain other references that suggest the writer was Britain’s former Prince Andrew. In one, “A” writes: “How’s LA? Have you found me some new inappropriate friends?”

The senators’ call Wednesday for an inspector general audit comes days after Minority Leader Chuck Schumer (D-N.Y.) introduced a resolution that, if passed, would direct the Senate to file or join lawsuits aimed at forcing the Justice Department to comply with the disclosure and deadline requirements. In a statement, he called the staggered, heavily redacted release “a blatant cover-up.”

Sisak writes for the Associated Press.

NEW YORK — The Senate’s top Democrat urged his colleagues Monday to take legal action over the Justice Department’s incremental and heavily redacted release of records pertaining to the late sex offender Jeffrey Epstein.

Minority Leader Chuck Schumer introduced a resolution that, if passed, would direct the Senate to file or join lawsuits aimed at forcing the Justice Department to comply with the Epstein Files Transparency Act, the law enacted last month that required disclosure of records by last Friday.

“Instead of transparency, the Trump administration released a tiny fraction of the files and blacked out massive portions of what little they provided,” Schumer (D-N.Y.) said in a statement. “This is a blatant cover-up.”

In lieu of Republican support, Schumer’s resolution is largely symbolic. The Senate is off until Jan. 5, more than two weeks after the deadline. Even then, the resolution will likely face an uphill battle for passage. But it allows Democrats to continue a pressure campaign for disclosure that Republicans had hoped to put behind them.

The Justice Department said it plans to release records on a rolling basis by the end of the year. It blamed the delay on the time-consuming process of obscuring victims’ names and other identifying information. So far, the department hasn’t given any notice when new records arrive.

That approach angered some accusers and members of Congress who fought to pass the transparency act. Records that were released, including photographs, interview transcripts, call logs, court records and other documents, were either already public or heavily blacked out, and many lacked necessary context.

There were few revelations in the tens of thousands of pages of records that have been released so far. Some of the most eagerly awaited records, such as FBI victim interviews and internal memos shedding light on charging decisions, weren’t there.

Nor were there any mentions of some powerful figures who’ve been in Epstein’s orbit, like Britain’s former Prince Andrew.

Deputy Atty. Gen. Todd Blanche on Sunday defended the Justice Department’s decision to release just a fraction of the files by the deadline as necessary to protect survivors of sexual abuse by the disgraced financier.

Blanche pledged that the Trump administration would meet its obligation required by law. But he stressed that the department was obligated to act with caution as it goes about making public thousands of documents that can include sensitive information.

Blanche, the Justice Department’s second-in-command, also defended its decision to remove several files related to the case from its public webpage, including a photograph showing Donald Trump, less than a day after they were posted.

The missing files, which were available Friday but no longer accessible by Saturday, included images of paintings depicting nude women, and one of a series of photographs along a credenza and in drawers. In that image, inside a drawer among other photos, was a photograph of Trump, alongside Epstein, Melania Trump and Epstein’s longtime associate, Ghislaine Maxwell.

Blanche said the documents were removed because they also showed victims of Epstein. Blanche said the Trump photo and the other documents will be reposted once redactions are made to protect survivors.

“We are not redacting information around President Trump, around any other individual involved with Mr. Epstein, and that narrative, which is not based on fact at all, is completely false,” Blanche told NBC’s “Meet the Press.”

Blanche said Trump, a Republican, has labeled the Epstein matter “a hoax” because “there’s this narrative out there that the Department of Justice is hiding and protecting information about him, which is completely false.”

“The Epstein files existed for years and years and years and you did not hear a peep out of a single Democrat for the past four years and yet … lo and behold, all of a sudden, out of the blue, Senator Schumer suddenly cares about the Epstein files,” Blanche said. “That’s the hoax.”

Sisak and Neumeister write for the Associated Press. AP reporter Kevin Freking in Washington contributed to this report.

Real Madrid star forward scores his 59th goal in a calendar year to equal Cristiano Ronaldo’s record tally at the club.

Kylian Mbappe has equalled Cristiano Ronaldo’s club record of 59 goals in a calendar year for Real Madrid with a late penalty in his side’s 2-0 home win over Sevilla in La Liga, with the French forward celebrating his 27th birthday in style.

Mbappe missed several earlier chances before getting his opportunity from the spot four minutes from time on Saturday, and he made no mistake to net his ⁠59th goal in as many games across all competitions in 2025 to level Ronaldo’s 2013 haul.

“Today, and because of the record, it’s ​incredible, in my first year to be able to do what Cristiano did,” Mbappe told RMTV.

“My idol, the ‍best player in the history of Real Madrid and a reference in world football. It’s an honour for me.”

Jude Bellingham put Real in front in the opening half, and Sevilla went down to 10 men with 22 minutes remaining after Marcao received a second booking, but the hosts had goalkeeper Thibaut Courtois to thank for keeping them ahead.

Real are second in the La Liga standings on 42 points, one behind Barcelona, who are away to third-placed Villarreal on Sunday, while Sevilla are ninth on 20 points.

Xabi Alonso’s side were looking to end the year on a high note after losing top spot in November with three consecutive draws, and they saw out 2025 with three successive wins in all competitions, but it was far from a straightforward success.

Sevilla created plenty of problems early on, with Isaac Romero chipping a shot narrowly wide when sent through on goal, bringing whistles from the home crowd with Real under pressure.

Mbappe sent ​a snap shot wide, as the hosts struggled to find a clear-cut chance, and Sevilla’s Lucien Agoume ‌put another strike wide for the visitors before Real went in front seven minutes before the break.

Rodrygo put a free kick into the box, and Bellingham rose to power a header into the far corner to settle Real’s nerves at the break.

Mbappe made to wait

Mbappe sent an effort straight at the keeper and ‌dragged another shot wide, while at the other end, Courtois twice denied Alexis Sanchez and Romero with Real all too easy to open up at the back.

From a corner, Mbappe hit the crossbar ‌with a header, and after Marcao’s sending off, Rodrygo struck a beautiful shot on the ⁠turn, but Sevilla keeper Odysseas Vlachodimos touched it onto the bar.

Real were hanging on for the win with Mbappe still labouring to find the net when Juanlu Sanchez fouled Rodrygo in the box and the birthday boy stepped up to score before pulling out Ronaldo’s celebration.

“I wanted to give him a little nod because he ‌has always been affectionate with me,” Mbappe added.

“Normally, I have my own celebration, but I wanted to share that with him, and like I said, he’s been my idol since I was a kid. I have a very good relationship with him; he’s a friend ‍now.”

Mbappe thought he had been gifted the perfect chance to score again when the referee pointed to the spot two minutes later, but the official changed his mind after a VAR check, and the Frenchman had to settle for a share of the ‌record.

WASHINGTON — The Justice Department released a library of files on Friday related to Jeffrey Epstein, partially complying with a new federal law compelling their release, while acknowledging that hundreds of thousands of files remain sealed.

The portal, on the department’s website, includes videos, photos and documents from the years-long investigation of the disgraced financier and convicted sex offender, who died in federal prison in 2019. But upon an initial survey of the files, several of the documents were heavily redacted, and much of the database was unsearchable, in spite of a provision of the new law requiring a more accessible system.

The Epstein Files Transparency Act, which passed with overwhelming bipartisan support in Congress, unequivocally required the department to release its full trove of files by midnight Friday, marking 30 days since passage.

But a top official said earlier Friday that the department would miss the legal deadline Friday to release all files, protracting a scandal that has come to plague the Trump administration. Hundreds of thousands more were still under review and would take weeks more to release, said Todd Blanche, the deputy attorney general.

“I expect that we’re going to release more documents over the next couple of weeks, so today several hundred thousand and then over the next couple weeks, I expect several hundred thousand more,” Blanche told Fox News on Friday.

The delay drew immediate condemnation from Democrats in key oversight roles.

Rep. Robert Garcia (D-Long Beach), the ranking member of the House Oversight Committee, and Rep. Jamie Raskin (D-Md.), the ranking member of the House Judiciary Committee, accused President Trump and his administration in a statement Friday of “violating federal law as they continue covering up the facts and the evidence about Jeffrey Epstein’s decades-long, billion-dollar, international sex trafficking ring,” and said they were “examining all legal options.”

The delay also drew criticism from some Republicans.

“My goodness, what is in the Epstein files?” Rep. Marjorie Taylor Greene (R-Ga.), who is leaving Congress next month, wrote on X. “Release all the files. It’s literally the law.”

“Time’s up. Release the files,” Rep. Thomas Massie (R-Ky.) wrote on X.

Already, congressional efforts to force the release of documents from the FBI’s investigations into Epstein have produced a trove of the disgraced financier’s emails and other records from his estate.

Some made reference to Trump and added to a long-evolving portrait of the social relationship that Epstein and Trump shared for years, before what Trump has described as a falling out.

In one email in early 2019, during Trump’s first term in the White House, Epstein wrote to author and journalist Michael Wolff that Trump “knew about the girls.”

In a 2011 email to Ghislaine Maxwell, who was later convicted of conspiring with Epstein to help him sexually abuse young girls, Epstein wrote, “I want you to realize that the dog that hasn’t barked is trump. [Victim] spent hours at my house with him … he has never once been mentioned.”

Maxwell responded: “I have been thinking about that…”

Trump has strongly denied any wrongdoing, and downplayed the importance of the files. He has also intermittently worked to block their release, even while suggesting publicly that he would not be opposed to it.

His administration’s resistance to releasing all of the FBI’s files, and fumbling with their reasons for withholding documents, was overcome only after Republican lawmakers broke off and joined Democrats in passing the transparency measure.

The resistance has also riled many in the president’s base, with their intrigue and anger over the files remaining stickier and harder to shake for Trump than any other political vulnerability.

It remained unclear Friday afternoon what additional revelations would come from the anticipated dump. Among the files that were released, extensive redactions were expected to shield victims, as well as references to individuals and entities that could be the subject of ongoing investigations or matters of national security.

That could include mentions of Trump, experts said, who was a private citizen over the course of his infamous friendship with Epstein through the mid-2000s.

Epstein was convicted in 2008 of procuring a child for prostitution in Florida, but served only 13 months in custody in what was considered a sweetheart plea deal that saved him a potential life sentence. He was charged in 2019 with sex trafficking, and died in federal custody at a Manhattan jail awaiting trial. Epstein was alleged to have abused over 200 women and girls.

Many of his victims argued in support of the release of documents, but administration officials have cited their privacy as a primary excuse for delaying the release — something Blanche reiterated Friday.

“There’s a lot of eyes looking at these and we want to make sure that when we do produce the materials we are producing, that we are protecting every single victim,” Blanche said, noting that Trump had signed the law just 30 days prior.

“And we have been working tirelessly since that day to make sure that we get every single document that we have within the Department of Justice, review it and get it to the American public,” he said.

Trump had lobbied aggressively against the Epstein Files Transparency Act, unsuccessfully pressuring House Republican lawmakers not to join a discharge petition that would force a vote on the matter over the wishes of House Speaker Mike Johnson (R-La.). He ultimately signed the bill into law after it passed both chambers with veto-proof majorities.

Rep. Ro Khanna (D-Fremont), who introduced the House bill requiring the release of the files, warned that the Justice Department under future administrations could pursue legal action against current officials who work to obstruct the release of any of the files, contravening the letter of the new law.

“Let me be very clear, we need a full release,” Khanna said. “Anyone who tampers with these documents, or conceals documents, or engages in excessive redaction, will be prosecuted because of obstruction of justice.”

Given Democrats’ desire to keep the issue alive politically, and the intense interest in the matter from voters on both ends of the political spectrum, the fact that the Justice Department failed to meet the Friday deadline in full was likely to stoke continued agitation for the documents’ release in coming days.

In their statement Friday, Garcia and Raskin hammered on Trump administration officials — including Atty. Gen. Pam Bondi — for allegedly interfering in the release of records.

“For months, Pam Bondi has denied survivors the transparency and accountability they have demanded and deserve and has defied the Oversight Committee’s subpoena,” they said. “The Department of Justice is now making clear it intends to defy Congress itself.”

Among other things, they called out the Justice Department’s decision to move Maxwell, who is serving a 20-year sentence for sex trafficking, to a minimum security prison after she met with Blanche in July.

“The survivors of this nightmare deserve justice, the co-conspirators must be held accountable, and the American people deserve complete transparency from DOJ,” Garcia and Raskin said.

Sen. Adam Schiff (D-Calif.), in response to Blanche saying all the files wouldn’t be released Friday, said the transparency act “is clear: while protecting survivors, ALL of these records are required to be released today. Not just some.”

“The Trump administration can’t move the goalposts,” Schiff wrote on X. “They’re cemented in law.”

After steadily gaining power and influence for more than a decade, the watchdogs that provide civilian oversight of the Los Angeles County Sheriff’s Department face an uncertain future.

A recent leadership exodus has left behind gaps in experience and knowledge, and a succession of legal challenges and funding cuts by the county have left some concerned that long-fought gains in transparency are slipping away.

“It is beginning to look like the idea of effective oversight of the Sheriff’s Department is a pipe dream,” said Robert Bonner, former chairman of the Civilian Oversight Commission, who announced in June that he was being pushed into “involuntarily leaving” before he completed pending work.

Current and former oversight officials have argued that the office of county counsel, the Board of Supervisors and the Sheriff’s Department have repeatedly undermined efforts to rein in law enforcement misconduct.

The cumulative effect, some advocates worry, is that the public will know less about law enforcement activity, and that there will be fewer independent investigations into deputies and department leaders alike.

“The Sheriff is committed to transparency in law enforcement,” the department said via email. “As we move forward it is essential to strengthen collaboration with the [Civilian Oversight Commission] while ensuring that the rights and safety of our personnel are protected.”

In recent years, oversight bodies have uncovered information about so-called deputy gangs, published reports on inhumane jail conditions and issued subpoenas for records related to on-duty use of force incidents.

Inspector General Max Huntsman’s sudden announcement last week that he was retiring from the position he’s held since its creation more than a decade ago completed a trifecta of departures of top law enforcement oversight officials this year.

In addition to Bonner’s departure, former Civilian Oversight Commission chairman Sean Kennedy stepped down from the body in February in response to what he described as improper county interference in the commission’s activities.

L.A. County Sheriff Robert Luna, right, talks with Sean Kennedy during an event on April 5 in Baker. Kennedy left his position on the Civilian Oversight Commission earlier this year.

(William Liang / For The Times)

Kennedy and others have said the Sheriff’s Department has refused to comply with multiple subpoenas by the commission for personnel files and records related to deputy misconduct.

“The attack on integrity and on oversight capacity is threatening all of us in Los Angeles County,” Hans Johnson, who took over as chairman of the Civilian Oversight Commission following Bonner’s departure, said at a recent public meeting. “We look forward to making sure that oversight is preserved and protected and not muzzled and not unplugged or sabotaged.”

The Executive Office of the Board of Supervisors said in a statement that it maintains a “long-standing commitment to strong oversight.”

The Sheriff’s Department said only one request it has received from oversight officials this year remains pending.

“The Department remains committed to working cooperatively to provide all requested information as required by law,” the statement said.

On the state level, reform advocates recently scored what they described as a victory for transparency.

In October, Gov. Gavin Newsom signed a bill known as AB 847, which granted civilian oversight bodies across California the ability to view confidential law enforcement records in private sessions. L.A. County officials had previously balked at sharing certain sensitive files on sheriff’s deputies, and some reformers worry the new law may not go far enough.

Dara Williams, chief deputy of the Office of the Inspector General, said at a July public meeting that the Sheriff’s Department has a history of being “painfully slow” to respond to requests for records related to homicides by deputies. In one instance, she said, Huntsman’s office served the department with a subpoena in October 2024 “and we are still waiting for documents and answers.”

The Sheriff’s Department said it has hired an outside attorney who is “conducting an independent review” of its records to determine if “those materials actually exist and can be found.”

The department’s statement said it will abide by the law and that protecting confidential information “remains of the utmost importance.”

Some involved in oversight have also become the subject of probes themselves.

In June, the Office of the County Counsel said it was investigating Kennedy for alleged retaliation against a sergeant who had worked for a unit that had been accused of pursuing cases for political reasons during Sheriff Alex Villanueva’s tenure.

Kennedy has denied the allegations, telling The Times in June, “I was just doing my job as an oversight official.”

Budget cuts — some already instituted, others threatened — are also a concern.

Huntsman said earlier this year that the Executive Office of the Board of Supervisors was reassigning or eliminating a third of his staff.

Former L.A. County Inspector General Max Huntsman listens during a hearing at Loyola Law School’s Advocacy Center on Jan. 12, 2024.

(Irfan Khan / Los Angeles Times)

He too left amid acrimony with county officials.

“The County has made it very clear over the past couple of years that they are not going to enforce the state oversight laws,” Huntsman told The Times. “Instead the county supports the sheriff limiting the flow of information so as to restrict meaningful oversight.”

The Executive Office of the Board of Supervisors said the changes implemented this year have had a “minimal” impact that “neither limits OIG’s responsibility nor their capacity.”

The possibility of eliminating the Sybil Brand Commission, which monitors L.A. County jails, was discussed in an August report to the Board of Supervisors. County officials said it would save about $40,000 annually.

Sybil Brand commissioner Eric Miller told The Times in September that he believes “the county is attempting to limit oversight of the Sheriff’s Department … to avoid lawsuits.” The department, he said, “is a powerful constituency within the county.”

In September, California Atty. Gen. Rob Bonta launched a state lawsuit over what he described as a “humanitarian crisis” inside L.A. County jails.

There are even concerns that the Sheriff’s Department is seeking greater control over local groups that facilitate conversations between deputies and members of the public — often some of the only opportunities for community concerns to be heard.

In the Antelope Valley, the Palmdale Sheriff’s Station Community Advisory Committee has been roiled by allegations that a local Sheriff’s Department captain appointed a new member without other members’ approval.

The chair of the committee, Georgia Halliman, resigned in October and committee member Sylvia Williams has alleged that the Sheriff’s Department captain tried to force her out.

“I was going to leave, but they need someone who’s real in there,” Williams told The Times. “You have to have an overseer.”

The department said it is reviewing the situation.

Melissa Camacho, a senior staff attorney with the ACLU of Southern California, said the county is at a crossroads.

“The main question right now is what is the county going to do?” she said. “Is this going to be a moment when the Board of Supervisors decides to actually invest in oversight?”

A daunting rainfall forecast isn’t expected to stop Californians or the rest of the U.S. from traveling in record numbers over the end-of-year holiday season.

An estimated 122.4 million people — more than a third of the entire national population — will travel at least 50 miles from home between Dec. 20 and Jan. 1, according to the American Automobile Assn.

That would represent a 2.2% increase over last year, when a record 119.7 million travelers hit the road or took to the skies for the holidays.

“Year-end travel is a mix of family road trips, friend getaways and tropical vacations,” Stacey Barber, vice president of AAA Travel, said in a statement.

Holiday festivities are different for everyone, but “a common thread is the desire to travel, whether it’s returning to your hometown or exploring new destinations,” Barber said.

As always, though, winter weather could pour cold water on some of those festive getaways. A Pacific storm is forecast to bring heavy rain to Southern California over the Christmas holiday — potentially snarling travel and increasing the risk of flooding, said Adam Roser, a meteorologist with the National Weather Service’s San Diego office.

“The storm will move through the region from north to south, starting as early as Tuesday,” Roser said.

Roser said he is confident there will be slick roadways and possible aviation disruptions because of heavy rains.

The peak of the storm for Southern California is likely to start Tuesday and continue through Christmas Eve and Christmas Day, according to Bryan Lewis, a meteorologist with the National Weather Service office in Oxnard. In Orange County, the Inland Empire and San Diego County, light showers may start Tuesday, but the heaviest rainfall is expected to be on Christmas Eve.

Meteorologists say light to moderate showers are forecast for Christmas Day and into the weekend.

AAA expects to see across-the-board increases in modes of travel this holiday season. For example, a projected 109.5 million people will travel by car — a 2% increase compared to last year, according to AAA. For Californians commuting with gas-fueled vehicles, the average price of a gallon of gas this week is $4.33, a 2-cent increase compared to last year.

Approximately 8.03 million travelers will take to the skies to reach their holiday destination, a 2.3% increase compared to last year. AAA said this is the first time more than 8 million domestic air travelers are expected over the end-of-year holiday season.

Boarding passes have burned a hole in many holiday budgets, however. AAA said a round-trip domestic flight is 7% more expensive this year, averaging nearly $900 a ticket.

About 4.9 million travelers will use another mode of transport such as a bus, train or cruise.

Leon Thomas recently dyed the tips of his signature locs dark green. His new hair color — a stark contrast from the vibrant red he’d been rocking for the last four years — is the first thing that stands out about him when he strolls into the Los Angeles Times building on an unusually rainy day in October.

When asked about his hair, which peeks out from underneath a black beret-style hat, a wide grin stretches across his face.

“I had a vision,” the 32-year-old singer says, leaning in. “In [this] vision, I had more tats, a six pack and I had green dreads. And I was like, ‘You know what, let’s work on it.’” He’s been working out more consistently and he has his eyes set on a couple of tattoo artists in L.A. and Europe, but the new hair kicked everything off.

“That’s how the rest of my life has worked: I’ve seen something in my head, I’ve seen a version of myself that’s not there yet and then you work hard to get there.”

This instinct has carried Thomas throughout his 20-plus-year career in the entertainment industry, and has cleared a path for him to emerge as a leading force in modern R&B music. After years of dedicating his skill to acting, writing and producing chart-topping bangers for artists like Drake, Ariana Grande and SZA (he won his first Grammy for her record “Snooze”), for the first time Thomas is up for six Grammy nominations including album of the year and best new artist for his own work.

“I feel like this is a byproduct of me finally having a machine that works,” Thomas says about his team. He signed to EZMNY, a record label co-founded by Grammy-nominated artist Ty Dolla $ign and A&R executive Shawn Barron, in 2021. He takes an audible breath before continuing, “Not to sound cocky or anything, but I just always felt in my heart of hearts that once people could finally hear what I had to offer, it would be a different story. I’m glad that God gave me the foresight to see that.”

He has good reason to be feeling himself these days. “Mutt,” his breakout 2024 single, quietly simmered for months before it was pushed into ubiquity. The track’s metaphorical meaning — comparing his own flawed behavior in relationships to a “mutt” or a dog with good intentions — along with a sensual bassline and knocking drums eventually became a sleeper hit. It also became a favorite for Tems, SZA, Keke Palmer and Issa Rae, who shouted out the song in interviews.

“That’s how the rest of my life has worked: I’ve seen something in my head, I’ve seen a version of myself that’s not there yet and then you work hard to get there,” said Leon Thomas.

(Jason Armond/Los Angeles Times)

By early this year, the song, which is the title track from his sophomore album, had cracked the Hot 100 Billboard charts, recently climbing to No. 1 on Billboard’s radio songs chart, earning double platinum status.

The success of the album and the deluxe edition that followed launched Thomas into a whirlwind of promo: radio and podcast stops, interviews galore and after-party appearances. Meanwhile, he’s still made time to make records with other artists like Wale, Disclosure, Odeal and Sasha Keable. He kicked off his “Mutts Don’t Heel” tour in October, and this year alone, he’s had more than 70 performances, including the Hollywood Bowl with Inglewood-born singer SiR, “Jimmy Kimmel Live” and the BET Awards (where he won best new artist). Earlier this year, Thomas stopped by NPR’s Tiny Desk, a live set that has more than 4 million views and has since been turned into an EP. (His Tiny Desk performance also received a Grammy nod for best R&B performance.)

“It’s been nonstop like something great happening every single week,” says Barron, co-founder of EZMNY.

Long before fans were belting out the lyrics “I’m a doggggg / I’m a mutt,” Thomas was getting his first taste of what it takes to be a musician from his family. Thomas’ late grandfather, John Anthony, was an opera singer who starred in the 1976 Broadway production of “Porgy & Bess.” His mother — a singer — and his stepfather — who played guitar for B.B. King — were part of New York’s Black Rock Coalition and “didn’t believe in babysitters,” says the Brooklyn native who now resides in L.A. He has fond memories of doing his homework while his parents were performing and hopping on stage at times to hit a dance move for a packed crowd.

At just 10 years old, Thomas booked the role of Young Simba on Broadway after a family friend encouraged him to audition. He went on to star in more productions, including “Caroline, or Change” and “The Color Purple,” before booking his first film, “August Rush” (starring late actor Robin Williams), which required him to learn to play the guitar. As a result, he began writing his own songs, one of which impressed his parents so much that they booked studio time and a session bass player to help him to lay down the track. “It definitely influenced my perspective on if I could actually make professional music or not,” recalls Thomas, who plays five instruments, including drums (his first love), guitar, bass, piano and saxophone.

“Not to sound cocky or anything, but I just always felt in my heart of hearts that once people could finally hear what I had to offer, it would be a different story. I’m glad that God gave me the foresight to see that,” said Leon Thomas.

(Jason Armond/Los Angeles Times)

By age 13, Thomas had signed a development deal with Nickelodeon that came with a Columbia Records recording contract. After appearing in various shows like “The Backyardigans” and “iCarly,” he snagged the role of André Harris, a high-school-age singer and multi-instrumentalist, on the tween sitcom “Victorious” alongside star-in-the-making Grande.

When the show ended in 2013, Thomas began working with one of modern music’s most decorated architects, Babyface, who introduced him to producer and songwriter Khris Riddick-Tynes. Together, Thomas and Riddick-Tynes formed the Rascals and began producing records like Rick Ross’ “Gold Roses” featuring Drake (which received a Grammy nomination), “I’d Rather Be Broke” by Toni Braxton and SZA’s “Snooze,” which won best R&B song at the Grammys in 2024.

Still, pivoting from wholesome Nickelodeon star to a grown R&B artist didn’t happen overnight. “The biggest thing for me was just taking time away from the artistry in order to really allow people to celebrate the brand that I had built, but give me room to build something else,” he says. “Space and time can be a tough thing because you’re gonna have to reintroduce yourself even though you did a lot of work in the beginning to build what you had before, but I think it’s beautiful to kind of build a brand from scratch.”

That’s one of the reasons why the cover of his reintroduction project, “Genesis,” features a distorted forest instead of his face. “I didn’t want them to connect with what I was saying, what I was talking about, the feelings [and] the sounds,” he says. With every release, he’s slowly revealed more of himself.

Onstage, Thomas channels the intensity of some of his musical heroes — James Brown, Prince, Jimi Hendrix and D’Angelo. His music may sit comfortably under the R&B umbrella, but he bends and flips genres with ease, especially rock and funk. In TikTok recaps from his current tour, he can be seen ripping on the bass and guitar, whipping his body into turns and effortlessly hitting vocal runs, which fans have attempted to imitate. With him, you never have to question if the mic is on.

“Sometimes I go see R&B artists live and it’s very chill,” he says, but “the school I come from is competitive.” He recalls stories that his stepfather has told him about performing at the Village Underground in New York when he was coming up. “They used to do something called cutting heads, so the first guy would go do his solo, then the guy who came out on the second set had to go even further. He’s playing with his teeth, he’s spinning, he’s on the floor, he’s wildin’,” Thomas says excitedly.

“So I’m in that school of thinking when I hit a stage and for this tour where I get to curate things and really put it together like I want to, there’s gotta be that energy of cutting heads,” he adds.

Just days before launching his 27-city tour, Thomas released a cinematic trailer featuring Rae — who played his neighbor and hookup buddy on “Insecure” — to introduce his latest project, “Pholks.” The seven-track release, created in collaboration with musicians Rob “Freaky Rob” Gueringer and David Phelps, a.k.a. “D. Phelps” (who also worked on “Mutt”), is an homage to the funk, rock and soul artists who’ve inspired him. Led by the singles “Just How You Are” and “My Muse,” which could trigger a “Soul Train” line at any moment, the project feels warm and nostalgic, yet anchored in forward-thinking production and playful storytelling that helps push it into the future.

In April, Ty Dolla $ign brought Thomas out to perform during his headlining set at Coachella, a moment that was a no-brainer for Ty, who recently called Thomas “the new king” of R&B.

“I just can’t even believe that I was the one to be able to do this,” Ty says about working with the singer.

“Sometimes I go see R&B artists live and it’s very chill,” Leon Thomas said, but “the school I come from is competitive.”

(Jason Armond/Los Angeles Times)

In the midst of this busy season, Thomas has been more intentional about maintaining his mental health. “I’m doing a lot of grounding meditations,” he says, noting that family and his tight circle of friends have been an essential support system. “I’ve been picking up the Bible a little bit more.”

He also finds steadiness in revisiting wisdom passed down from his late grandfather, who passed away last year, and reflecting on his “why:” bringing a classic, musician-centered energy back to R&B and encouraging young artists to pick up an instrument.

“When a little kid sees me playing guitar on the Grammy stage or if they see me performing on Instagram playing drums, I want them to ask their mom for a guitar or some drum lessons,” he says. With the rise of AI, he says that live musicianship may become less common. “I hope that we can inspire a revolution of intelligence, people who are intelligently making music and coming from a standpoint of history.”

Thomas will close out his whirlwind year with two shows at the Wiltern on Dec. 22 and 23 before embarking on the European leg of his tour in March and heading to Australia in June. In the meantime, he’s trying to avoid thinking about the Grammys in February — though everyone, including myself, is making it impossible for him not to.

Whether he walks away with a golden gramophone or not, Thomas has already created a body of work that has reinvigorated not only R&B but also music in general, and he plans to continue pushing himself creatively. He’s known all along what he’s capable of and the career he’s destined to have because he’s envisioned it. It’s the world that’s had to catch up.

Dealmakers in 2025 enjoyed a near-record year for mergers and acquisitions, despite a turbulent spring that threatened hopes of a broader revival. So far this year, there were 70 global deals valued at more than $10 billion each, 22 of them in the fourth quarter, according to Dealogic. Total deal value has surpassed $4.8 trillion, up 41% from 2024, though the number of deals fell 6% to 38,395, marking the second-largest year ever behind 2021.

The spike in mega deals reflects a growing focus on scale. “M&A today is all about the mega deals, the race for scale,” said Anu Aiyengar, JPMorgan’s global head of advisory and M&A. There were at least four deals above $50 billion, with two notable bids for Warner Bros. Discovery totaling over $80 billion and Paramount Skydance’s $108 billion hostile offer.

Drivers of Late-Year Rally

A more permissive regulatory environment in the U.S., coupled with a calmer macroeconomic outlook, is encouraging companies to pursue transformative deals. With antitrust scrutiny easing under the Trump administration, boards and executives are seizing opportunities for strategic acquisitions, according to Frank Aquila, partner at Sullivan & Cromwell.

Dealmakers also say valuations are rising, prompting companies to pay higher multiples while expecting their own stocks to maintain relative strength. “Valuations have been bid up and we’ve seen clients be more aggressive in terms of multiples,” said Lazard’s Mark McMaster.

Technology and AI Influence

Technology deals, particularly those tied to artificial intelligence, have played a prominent role. OpenAI raised $40 billion in funding led by SoftBank, and Aligned Data Centers was acquired for $40 billion. Morgan Stanley’s John Collins said companies are pursuing scale to invest in AI-driven changes, both in tech and across other industries.

Cross-Border and Global Trends

Cross-border M&A activity surged in 2025, reaching $1.24 trillion, the highest since 2021. U.S. and UK companies were the most targeted, while U.S., France, and Japan were the most acquisitive. Multinational companies, particularly from Europe and Japan, are investing in the U.S. to capitalize on the world’s largest market. China and Japan are also seeing strong outbound activity, with Japanese deal values boosted by high-profile transactions like OpenAI and Toyota Industries.

Corporate divestitures are rising, up 30% in volume from last year, exemplified by Holcim’s $30 billion spin-off of its North American business, Amrize. Private equity is also regaining momentum, with global buyouts reaching $1.1 trillion, a 51% increase from 2024.

Outlook for 2026

Dealmakers expect the M&A rally to continue into 2026, with $50 billion–$70 billion deals already in the pipeline and a $100 billion tech transaction not ruled out. Analysts see a multi-year run of high-value deals, fueled by scale-seeking corporations, AI-related opportunities, cross-border expansion, and corporate restructuring. While caution remains in politically uncertain markets like the UK, the global appetite for transformative deals appears set to drive another strong year for mergers and acquisitions.

With information from Reuters.

Dec. 16 (UPI) — Tesla shares closed at a record-high $489.88 on Tuesday, days after CEO Elon Musk announced the company had been testing driverless vehicles in Texas.

Shares rose 3.1% for the day and were up 21% for the year, CNBC reported. This came after Tesla’s worst quarter since 2022 when it dropped 36% in the first quarter of this year.

Techstock² reported that in addition to the roboatxi announcement, Tesla saw a boost on the stock market in response to a fresh round of filings with the Securities Exchange Commission.

The filings showed that WT Wealth Management increased its Tesla stake by 178.7%, Carter Financial Group opened a new Tesla position, Orion Portfolion solutions increased its holdings of Tesla by 14.8%, National Wealth Management Group increased its stake by 26.3% and Momentum Wealth Planning purchased a new stake of 9,802 shares worth about $3.11 million.

Tesla also invested $1.2 billion in a battery cell plant in Berlin.

With Tuesday’s bounce, Tesla’s market cap reached $1.63 trillion, making it the seventh-most valuable company in trading behind Nvidia, Apple, Alphabet, Microsoft, Amazon and Meta, CNBC reported.