The best stock in the Cheddar 50 index this year? Digital payments company Square. Meanwhile, Pandora leads the list of losers. And Apple shares sinking Tuesday after analysts cut their forecasts for iPhone X shipments in the first quarter. Plus retailers see their best holiday shopping season in years. Plus we break down the top downloaded apps and video games this holiday season - what this data says about what gadgets people found under their Christmas trees this weekend.

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Nestlé dismisses CEO after he has relationship with a subordinate
Nestlé has dismissed its CEO Laurent Freixe after an investigation into an undisclosed relationship with a direct subordinate. The company announced on Monday that the dismissal was effective immediately. An investigation found that Freixe violated Nestlé’s code of conduct. He had been CEO for a year. Philipp Navratil, a longtime Nestlé executive, will replace him. Chairman Paul Bulcke stated that the decision was necessary to uphold the company’s values and governance. Navratil began his career with Nestlé in 2001 and has held various roles, including CEO of Nestlé's Nespresso division since 2024.
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