From the Wires

Labor dispute at the ports slowing Christmas deliveries

BLOOMBERG: FedEx said the labor negotiations are complicating its holiday-rush process.

Fed stresses 'patience' regarding interest rate

BLOOMBERG: The Federal Reserve Chair Janet Yellen cleared up confusion with her statements on Wednesday.

Obama to announce end of Cuba isolation

BLOOMBERG: A plea from Pope Francis convinced the president to resume diplomatic relations as well as easing restrictions on trade and travel.

Energy prices drop cost of living in US by most since 2008

BLOOMBERG: November marked the largest fall in the consumer-price index, which adjusted downward 0.3 percent.

Russia's attempt to slow ruble freefall fails

BLOOMBERG: An attempted interest-rate increase fell short as the Russian currency dropped as much as 19 percent.

AAA: Holiday travel could set record this year

THE ARIZONA REPUBLIC: AAA expects almost 99 million Americans to travel — via the ground or the air — which would be the most since 2001 when the group started keeping track.

Sub-$2 gas prevalent across US

CNN: Thirteen states tout gas for less than $2 a gallon. Two weeks ago, there was only one station in the country selling gas at that price.

Group buys PetSmart for $8.3B

BLOOMBERG: The country's largest pet-supply chain was sold for $83 a share to BC Partners.

Oil prices could continue to plummet

BLOOMBERG: Energy forecasters expect the price to continue to fall as demand drops.

Embattled SeaWorld CEO resigns

ORLANDO SENTINEL: Jim Atchison and several employees are losing their jobs after sustained down period for the company brought on by the documentary Blackfish.

RadioShack's struggles continue

BLOOMBERG: The electronic store chain posted its 11th-straight quarterly loss, which was even worse than projections.

Unemployment claims continue to drop

ASSOCIATED PRESS: The number trends indicate strong job security ahead of the holidays.

Costco's profits surge

ASSOCIATED PRESS: The warehouse club giant's shares hit record highs Wednesday morning.