NEW YORK (CNN) -- CNN Money's Maribel Aber has your top business and financial news on this Thursday, October 17.
Dow gains 200 points as debt deal emerges
Stocks surged Wednesday as investors cheered news that Senate lawmakers have reached a deal to reopen the government and avoid a possible United States debt default. The Dow Jones industrial average jumped more than 200 points, or 1.3%. The S&P 500 and Nasdaq both gained more than 1%. Senate officials announced an agreement Wednesday that would end a 16-day government shutdown and raise the debt ceiling ahead of a midnight deadline.
GM unveils natural gas-powered Impala
General Motors announced plans Wednesday to produce a new Chevy Impala sedan powered by both gasoline and natural gas. The new Impala will likely go on sale next summer as part of the 2015 model year, GM (GM, Fortune 500) said. It will be equipped with both a traditional gas tank and a separate compressed natural gas tank mounted in the trunk. Drivers will have the ability to toggle between fuels, with total range expected to be "up to 500 miles."
Facebook starts letting teens post publicly despite risks, as it aims to stay cool
Like a cautious parent, Facebook is giving teen users new freedom despite risks. For the first time, users under 18 can post publicly. The logic is that other sites don't restrict kids, teens are getting more web savvy, and young celebrities want a voice. This could let minors publicly share things they'll regret, so they must manually opt in to public sharing and confirm they understand the risks. Somewhat disingenuously, Facebook frames its blog post about the change as being about adding more protection for teens.
Could Netflix Or Google land NFL games?
Who knows how many sports fans would drop cable if they had a web or streaming alternative to catch live NFL games? Yet The Wall Street Journal strangely buried the possibility of a digital deal with the NFL in a story about the league's interest in selling a new package of Thursday night games. While the league believes that a cable channel would be interested in a new package, officials "have also considered" selling to "a nontraditional media partner, including online players like Netflix Inc. or Google Inc." according to an unnamed source.