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The Headlines brings you the biggest stories of the day from the Times journalists who are covering them, all in about five minutes.

On Today’s Episode:
Israel Said the Hostages Had Created Signs Calling for Help, by Andrés R. Martínez
U.S. Fines Southwest Airlines $140 Million for Holiday Meltdown, by Mark Walker and Niraj Chokshi
How Putin Turned a Western Boycott Into a Bonanza, by Paul Sonne, Rebecca R. Ruiz, and Nico Chilla
This Season’s Hottest Shopping Trend: Falling Prices, by Ben Casselman, Jordyn Holman and Jeanna Smialek