Warner Bros. Discovery split into two public companies

Warner Bros. Discovery will split into two public companies next year, separating its cable operations from its streaming service. The two companies will be Streaming & Studios and Global Networks.

Resignation of SEC Chairman Gary Gensler

SEC chairman Gary Gensler will resign in January, potentially allowing President-elect Donald Trump to appoint a pro-crypto, anti-climate-change-policy chairman. Gensler faced controversy over pushing climate change policies and targeting cryptocurrency companies. The SEC proposed climate change disclosure rule would require extensive reporting on climate-related costs and risks by public companies.