1. OPEC agrees to first output cut since 2008
OPEC agreed to its first production cut since 2008 on Wednesday, sending oil prices surging by more than 9 percent. The deal came after Saudi Arabia, the world's largest producer, agreed to what Saudi Energy Minister Khalid al-Falih described as "a big hit," shouldering the largest of the 1.2 million barrels a day in cuts. Iran had been resisting cuts, insisting it should be allowed to regain market share it lost under recently lifted Western sanctions. Under a compromise, Iran will be allowed to boost production slightly from its October level. Traders said the oil rally might quickly fizzle, as the cuts won't be enough to end a global glut.
2. Netflix introduces video downloading feature
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3. Trump assembling richest Cabinet ever
4. Federal government to forgive $108 billion in student debt
5. Big Mac inventor Jim Delligatti dies at 98
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