S&P may cut its outlook on France’s AAA debt. (Reuters)
A judge blocks the $285 million settlement between Citigroup (NYSE: C) and the SEC. (Reuters)
Amazon.com (NASDAQ: AMZN) says Kindle sales rose 4X on Black Friday compared to the same day a year ago. (Reuters)
General Motors (NYSE: GM) offers loaner cars to Chevy Volt owners. (Reuters)
Thomas H. Lee Partners may bid for the U.S. operations of Yahoo! (NASDAQ: YHOO). (Reuters)
Some MF Global customer money may have been found in Europe. (Reuters)
Research In Motion (NASDAQ: RIMM) may offer some of its BlackBerry security features on the Apple (NASDAQ: AAPL) iPhone and Google (NASDAQ: GOOG) Android devices. (Reuters)
Aol (NYSE: AOL) says it does not compete with Yahoo!, but still could hire good talent. (Reuters)
Facebook may launch an IPO in the spring that would raise $10 billion and value the company at $100 billion. (WSJ)
Bank of America (NYSE: BAC), Morgan Stanley (NYSE: MS) and other financial firms are in settlement talks with MBIA (NYSE: MBI) over losses incurred during the financial crisis. (WSJ)
Amazon.com’s Kindle emerges as the primary competition to the Apple iPad. (WSJ)
Seagate (NASDAQ: STX) increases its forecast for annual earnings. (WSJ)
Toyota (NYSE: TM), a huge employer in Japan, may move production because of the value of the yen. (WSJ)
The Federal Reserve Bank of New York says Americans cut debt 0.6% in the third quarter, mostly through defaults and debt repayment. (WSJ)
The National Governors Association and the National Association of State Budget Officers say state budget deficits have improved. (WSJ)
The OECD says global growth will slow. (WSJ)
Cyber Monday sales rise 18% by some measures. (WSJ)
Black Friday sales may not help forecasts for the balance of the holiday season. (WSJ)
Summit Entertainment and Lions Gate (NYSE: LGF) are in M&A talks. (WSJ)
Icahn Enterprises (NYSE: IEP) offers to buy Commercial Metals (NYSE: CMC) for $1.73 billion. (WSJ)
The UK will increase its bank levy to raise $3.9 billion. (WSJ)
Nomura Holdings (NYSE: NMR) sharply decreases its exposure to eurozone paper. (WSJ)
Bets against the euro hit a 17-month high. (WSJ)
Tightened credit at EU banks hampers business growth. (NYT)
Silver Lake and Microsoft (NASDAQ: MSFT) may bid for a stake in Yahoo! (NYT)
Tokyo Electric Power Company will sell assets to raise $3.2 billion. (NYT)
The Polish foreign minister says that only Germany can save the eurozone. (FT)
The FHFA Office of Inspector-General says that mortgage companies often press his agency in a way that hurts its financial position. (FT)
Moody’s may cut the ratings of a number of European banks. (Bloomberg)
The Fiscal Policy Institute says most New York State growth since 2008 has come in low-level jobs. (Bloomberg)
Douglas A. McIntyre
Is Your Money Earning the Best Possible Rate? (Sponsor)
Let’s face it: If your money is just sitting in a checking account, you’re losing value every single day. With most checking accounts offering little to no interest, the cash you worked so hard to save is gradually being eroded by inflation.
However, by moving that money into a high-yield savings account, you can put your cash to work, growing steadily with little to no effort on your part. In just a few clicks, you can set up a high-yield savings account and start earning interest immediately.
There are plenty of reputable banks and online platforms that offer competitive rates, and many of them come with zero fees and no minimum balance requirements. Click here to see if you’re earning the best possible rate on your money!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
