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PRESS DIGEST-Wall Street Journal - December 24

ReutersDec 24, 2025 5:12 AM

The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- BP BP.L is nearing a sale of a majority stake in its Castrol lubricants business to investment firm Stonepeak in a deal that values the entire division at $10 billion including debt.

- ServiceNow NOW.N has agreed to buy cybersecurity startup Armis for $7.75 billion in cash, as the enterprise software maker looks to attract new customers amid growing risks of cyberattacks.

- General Motors GM.N and federal auto safety regulators are investigating air bag that exploded in recalled but unrepaired pickup truck.

- Alphabet's GOOGL.O unit Waymo said it will expand first responder engagement, improve its emergency response protocols and roll out updates to allow its vehicles to navigate intersections more decisively, following incidents of stalled Waymo robotaxis after a San Francisco power outage.

- Estate of Texas tech executive billionaire Robert Brockman has agreed to pay $750 million in back taxes and penalties to settle a civil suit that federal prosecutors called the largest tax-evasion case in U.S. history.

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