Reuters: The GM board pushed out CEO Henderson.
Reuters: Bernanke will defend the Fed’s record and his before Congress.
Reuters: China will let foreigners set up limited partnerships.
Reuters: Manufacturing is growing again but the recovery is fragile.
Reuters: The Fed’s Plosser said the agency must be ready to raise rates again.
Reuters: The COO of McDonald’s (NYSE:MCD) will retire.
Reuters: Credit cards offers are improving for very select customers.
WSJ: The SEC is picking up the pace of insider trading probes.
WSJ: Barrick Gold is cutting programs to hedge against falling gold prices.
WSJ: Two candidates for the CEO job at Bank of America (NYSE:BAC) said the bank should be broken up.
WSJ: Northrup Grumman (NYSE:NOC) may not bid on a huge Air Force tanker project.
WSJ: The FCC wants to reallocate more spectrum to wireless carriers.
WSJ: The Fed has renewed worries about housing and credit bubbles.
WSJ: The FHA is trying to find ways to increase reserves.
WSJ: Ford’s Fiesta is in the process of becoming a global car.
WSJ: A new Airbus transport is making progress toward manufacturing.
WSJ: A meeting at the FTC caused more debate about charging for online news.
WSJ: Google (NASDAQ:GOOG) will let some publishers limit the number of articles that appear on the search engine.
WSJ: AIG (NYSE:AIG) cut a deal to lower its debt.
NYT: Retailers appear to have done better in November than they did last year.
NYT: Pfizer (NYSE:PFE) is moving aggressively into the business of treating rare diseases.
NYT: The New York Fed took ownership piece of two AIG insurance companies.
NYT: The EPA will raise to 15% the amount of ethanol that can be in fuel blends.
NYT: Pending home sales were higher based on access to credit for buyers.
FT: The UN halted funding for Chinese wind farms.
FT: Gold moved above $1,200.
FT: GE (NYSE:GE) will not make cash payments to Vivendi for its NBCU stake until next year.
FT: Fears are growing over overheated debt markets.
FT: Murdoch of News Corp (NYSE:NWS) attacked news aggregators again.
FT: Bernanke faces a tough Congressional hearing.
Bloomberg: Europe’s biggest banks are getting bigger raising concerns about the effects of another credit crisis.
Douglas A. McIntyre