At his first new conference since the election, President-elect Donald Trump will likely be asked about unsubstantiated reports that Russia has compromising information about him. The report, first published on BuzzFeed, has been called "fake news" by Trump.
The press conference comes as Trump's choice for Secretary of State, former Exxon Mobil (XOM) CEO Rex Tillerson, begins confirmation hearings.
Volkswagen is closing in on a deal to pay $4.3 billion in criminal and civil penalties to settle a U.S. probe into the rigging of diesel powered cars to cheat emissions tests. The agreement, which VW said will include a guilty plea, raises the cost of the scandal to more than $23 billion in the United States and Canada.
Chipotle (CMG) executives say don't count on free burritos this year. CEO Steve Ells says the heavy promotion spending on food has "run its course." However, executives say to expect a new menu item this year, possibly a dessert.