Time names its Person of the Year. The magazine's assisting managing editor talks about giving "The Silence Breakers" the title. Facebook is named the best company to work for. The social network topping career site Glassdoor's annual employee choice awards. UPS is warning customers of some delivery delays after those record-breaking Cyber Monday orders. Wal-Mart Stores is changing its legal name to Walmart after nearly 50 years. Bitcoin hits an all-time high of $13,000. Bravo star Katie Maloney talks about the 6th season of "Vanderpump Rules" and her celeb makeup collaboration.
In Wednesday's business headlines, Microsoft CEO Satya Nadella is due in court to defend the company's takeover of Activision Blizzard and United Airlines is under fire over its recent cancellations with CEO Scott Kirby blaming the FAA for the disruptions. Meanwhile, a judge approved Overstock's purchase of Bed Bath & Beyond assets.
Commercial electric vehicle startup Lordstown Motors Corp. has filed for Chapter 11 bankruptcy protection nearly two months after it warned that it was in danger of failing.