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Also: Bailout deal reached for Cyprus; 3 things to know about NCAA tournaments; Jerry Sandusky gives first interview from jail; winning $338 million Powerball ticket was sold in Bordentown, N.J.

This was a big year for corporate mergers, with $3 trillion worth of deals announced worldwide. Analysts say the strong acquisitive trend is expected to continue into next year.

The winning image, taken by Australian photographer Warren Richardson, shows a man passing a baby through a razor-wire fence at the Hungarian-Serbian border.

Brian Deese led President Barack Obama's auto rescue and managed Obama's climate policy. But then Deese went to work for an investment giant so many progressives are opposed to his appointment.

The top U.S. securities regulator has a full plate. SEC chairman Gary Gensler wants to protect novice investors who are trading stocks and crypto currencies.

Maps and charts providing details on Ukraine's military and the state of the war have been published on Twitter and Telegram. The Pentagon says it is investigating how they were leaked or stolen.

A senior DOJ official in a memo said only agents "who acted with corrupt or partisan intent, who blatantly defied orders from Department leadership, or who exercised discretion in weaponizing the FBI" should be concerned.

He was elected general secretary of the Communist Party of China early Thursday morning. But those hoping for change in China say the make-up of the party's elite makes it unlikely major reforms will come anytime soon.

In tech news, Microsoft took a $900 million charge on unsold Surface tablets.

Also: Libya's prime minister is briefly abducted, then set free and 16-year-old Malala Yousafzai is awarded the Sakharov Prize.