Jobs Report Live Updates: U.S. Unemployment Rate Rose in November, a Warning Sign for Economy  The New York Times America’s job market just got some troubling news  CNN Veteran unemployment rates bump up in job market hit by layoffs  Yahoo Payrolls rose by 64,000 in November after falling by 105,000 in October, delayed jobs numbers show  CNBC Jobless rate rises, adding to Trump's economic messaging woes  Politico

Europe backtracks on ban of new combustion engine cars, in setback to tackling climate change  CNN Europe May Roll Back Combustion Engine Ban  The New York Times EU waters down plans to end new petrol and diesel car sales by 2035  BBC Germany news: Merz welcomes EU turn on gas-engine ban  DW EU drops 2035 combustion engine ban as global EV shift faces reset  Reuters

Ford to scale back electric vehicle plans, taking $19.5bn hit  BBC Opinion | Ford Learns a Brutal EV Lesson  The Wall Street Journal Ford cuts electric F-150 Lightning production, takes $19.5B charge in strategic shift  Fox Business Ford takes $19.5 billion hit as it pulls back on electric vehicle plans, halts F-150 Lightning production  CNN Ford CEO Jim Farley said Trump would halve the EV market by ending subsidies. Now he's writing down $19.5 billion amid a 'customer-driven’ shift  Fortune

The Kraft Heinz Company Names Steve Cahillane Chief Executive Officer  Kraft Heinz Kraft Heinz taps former Kellanova CEO Steve Cahillane to lead company ahead of breakup  CNBC Kraft Heinz gets a new CEO ahead of company split: Can Steve Cahillane turn around the ailing food giant?  Fast Company Kraft Heinz names new CEO as company continues separation process  Pittsburgh Post-Gazette Kraft Heinz Picks New CEO Ahead of Split  The Wall Street Journal

Wall Street rainmakers scrap for windfall from Warner Bros deal  Financial Times Warner Bros. Plans to Reject Paramount Bid on Funding, Terms  Bloomberg.com Netflix Must Be Stopped  Jacobin Larry Ellison’s big dumb gift to his large adult son  The Verge Who Wants Warner Bros. More: Netflix or David Ellison?  Puck

Powerball estimated jackpot at $1.25 billion after no one won grand prize of roughly $1.14 billion  CBS News Powerball climbs to estimated $1.25 billion after there were no big winners in Monday’s drawing  CNN Powerball climbs to $1.25 billion after no one wins jackpot  KXAN Austin Powerball winner Dec. 15 for $1.1 billion after Florida ticket wins big?  Treasure Coast News Powerball ticket worth close to $2 million sold in California  FOX 11 Los Angeles