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Saudi Arabia Oil Minister Likely to Stay

Ali al-Naimi is likely to remain Saudi Arabia’s oil minister until current market turbulence subsides, with Riyadh eager to signal stability in its oil policy following King Abdullah’s death. 6:08 PM
- Oil Policy Likely Unchanged
New King Signals Curbs to Continue on Dissent at Home

Saudi Arabia’s new king has appointed his nephew, the powerful interior minister, as deputy crown prince, signaling an intention to continue curbing dissent at home and Islamist forces abroad after the death of King Abdullah.
- Economic Challenges Loom
- King Abdullah Laid to Rest

Thousands Demonstrate Across Yemen

Charles Forelle/The Wall Street Journal

Academics Fuel Rise of Insurgent Greek Party

Political party Syriza, ahead in polls before Greece’s election Sunday, is honing its economic platform with a cadre of left-wing academics-turned-politicians. Syriza has promised to reject spending cuts and tax hikes imposed as part of Greece’s bailout. 6:32 PM
- Samaras Appeals to Voters Ahead of Election

SkyMall Succumbs to a New Jet Age

The owner of SkyMall, the in-flight catalog that sells unusual gadgets and other oddities, filed for bankruptcy, crippled by new rules and technology that let airline passengers keep smartphones and tablets powered up on flights. 38 min ago

What’s News —

As Euro Falls, Analysts Slash Their Forecasts

The euro slid to its lowest point in 11 years after the European Central Bank announced an aggressive bond-buying program. Some analysts now see the currency falling to the point where it is on equal footing with the dollar for the first time since it climbed above the buck in 2002. 6:31 PM
- Europe Markets Rally on ECB Move
FXCM to Consider Sale of Noncore Assets

Foreign-exchange broker FXCM plans to consider sales of noncore assets to help pay off portions of a $300 million rescue loan it received after trading losses nearly sank the firm, according to people familiar with the matter. 37 min ago
U.S. Stocks Trade Lower

U.S. stocks fell Friday, giving up some ground after four sessions of gains that lifted the S&P 500 to its highest close of the year. 6:23 PM
UPS Didn’t Have a Happy Holiday

United Parcel Service Inc. delivered holiday packages on time this season, but expensive holiday preparations added $200 million in unexpected costs. 41 min ago
McDonald’s Reports Disappointing Results

McDonald’s Corp. said its earnings will remain under pressure for the next several months, as core changes to its business take time to win back customers in its most important markets after a year of stubbornly weak sales. 31 min ago
GE to Feel Oil Drop’s Effect
U.S. Oil Prices Slide to Six-Year Low
Copper Prices Slide to 5 1/2-Year Low
Mechanics Union Sues American Airlines
U.S. Union Membership Rate Falls
GAP Abandons Online Brand Piperlime
Box’s Stock Surges in Market Debut

U.S.

Navy Nurse’s Lobotomy Leaves Family Scars

Navy nurse Dorothy Ludden, one of the last survivors among roughly 2,000 psychiatrically ill veterans the Veterans Administration lobotomized in the 1940s and 1950s, raised a family despite her marred mind. The Wall Street Journal in 2013 first detailed the VA lobotomy program.
Property-Tax Plan Targets Nonprofits

Sports

Patriots Saga Goes Round and Round

The puerile double entendres were bouncing off the screen during Tom Brady’s news conference on deflated footballs.
- Probe on Deflated Footballs Continues
- NFL Taps Attorney to Lead ‘Deflategate’ Probe
Federer’s Reserves Run Out in Melbourne

World

U.S., Iraq Set Sights on Mosul Offensive

The U.S. and Iraq have begun preparations for an assault by summer to retake Mosul, selecting and training military units and cutting supply lines to Islamic State militants who control Iraq’s second-largest city.
ISIS Deadline for Japan Hostages Passes
Ukraine Rebel Leader Vows Advance
Sri Lanka Premier: ‘Huge Challenge’ Ahead

Arts & Entertainment

‘Red Army’: Of Ice and Men, One of Them a Legend

A documentary portrait of Russian ice-hockey legend Vyacheslav ‘Slava’ Fetisov explores Cold War history and modern life.
- Film Clip | Morgenstern on ‘Red Army’
- More Reviews: ‘Black Sea’ | ‘Mommy’
The Rise of TV’s Second Season
Books: ‘The Girl on the Train’

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