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real estate professionals here's your midday brief for monday december 15. I'm Anthony Bansy for the Wall Street Journal.

Rumba maker, Irobot, has declared bankruptcy following years of financial trouble and a failed

takeover by Amazon. The company owes more than $350 million to its primary contract manufacturer,

which will acquire the business to keep it

running. Irobot says its vacuums will continue to work normally during the restructuring process.

The Wall Street Journal is exclusively reporting that J.P. Morgan Chase is rolling out its first

tokenized money market fund. The bank is seating the project with $100 million of its own capital

before opening to outside investors tomorrow as it seeks to tap into the growing demand for

digital assets among wealthy clients. Qualified investors can buy into the fund with a minimum

investment of $1 million. The European Union is sanctioning two oil traders it accused

of facilitating Russian energy exports. Energy exports are the lifeblood of Moscow's economy and account

for up to one-third of its federal budget revenue and have bankrolled Russia's war against Ukraine.

The EU said the sanctions targeted people providing a substantial source of revenue to Moscow.

Heads up, an artificial intelligence tool helped us make this episode by creating summaries that were based on WSJ reporting and then reviewed and adapted by an editor.

We'll have more coverage of the day's news on WSJ's What's News podcast.

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