China said it will help nations in the eurozone to return to financial stability. (Reuters)
Riversdale will be bought by Rio Tinto (NYSE: RTP) for $3.8 billion. (Reuters)
Oil moved higher on concerns about supply. (Reuters)
The Skype service was down for several hours . (Reuters)
Sony (NYSE: SNE) may buy back its chip products from Toshiba. (Reuters)
Jet leasing agents have made large purchases from Boeing (NYSE: BA) and Airbus. (WSJ)
Cities may review a form of insolvency to solve pension problems. (WSJ)
The Comcast (NASDAQ: CMCSA) deal to take control of the NBCU unit of GE (NYSE: GE) has been slowed by regulators.
VW and Peugeot made create brands sold only in the Chinese market. (WSJ)
GDP grew more than originally thought in Q3. (WSJ)
The US is pressing to end “hundreds of millions of dollars in subsidies to boost wind-power production.” (WSJ)
The IMF said it would act quickly on a request from Poland for loans. (WSJ)
Greece passed a new austerity budget for 2011 (WSJ)
The UAW will begin to press foreign-owned car manufacturing facilities in the US to pay better wages. (WSJ)
Sony will start an online music service. (WSJ)
Cellular providers have begun to do more to prevent attacks on subscriber phones. (WSJ)
Corn futures reached a 29 month high. (WSJ)
ShopperTrack reports that store sales rose 5.5% in the last weekend of the holiday season. (NYT)
New computer programs help Wall St. trade on news from thousands of source (NYT)
The PNC Wealth Management Christmas Price Index rose 9.2% to $23,439.38
Slow recovery in the housing market could still undermine GDP improvement. (FT)
Bank of America (NYSE: BAC) registered hundreds of websites to protect its executives from public attacks. (FT)
Calpers pressed Apple (NASDAQ: AAPL) over the way it elects directors. (FT)
Morgan Stanley (NYSE: MS) became the No.1 investment bank for the year, topping JPMorgan (NYSE: JPM). (Bloomberg)
Chinese manufacturers believe overseas sales will drive up their business next year. (Bloomberg)
Douglas A. McIntyre
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