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Top StoriesBrent crude futures held above $107 a barrel on Monday, snapping five straight days of losses, as promising data out of the world's top two oil consumers revived demand growth hopes in a well-supplied market. A better U.S. jobs data and a rebound in China's factory output pushed Asian shares, base ... Read more
Brent Steady Above $107; China, US Data Spur Demand HopesWASHINGTON -- When President Barack Obama arrives in Michigan on Monday to sell his vision for addressing the so-called fiscal cliff, he will be stepping into a state that is currently witnessing a massive battle between its governor and labor community. And according to union officials, Obama will ... Read more
Obama Expected To Weigh In On Michigan Right-To-Work Battle In Detroit SpeechObama and Boehner meet at the White House to discuss averting the impending "fiscal cliff." 2. WHAT'S ON THE RISE FOR PRIVATE COLLEGE PRESIDENTS Compensation drifts upward, while the number of those crossing the $1-million barrier holds steady. 3. WHY GAY MARRIAGE ADVOCATES SEE CAUSE FOR CONCERN ... Read more
10 Things to Know for MondayPolice are searching for a dirt-bike rider who allegedly hit and killed a minor who was riding an all-terrain vehicle in Plymouth on Sunday afternoon, said Reggie Zimmerman, spokesman for the Massachusetts Executive Office of Energy and Environmental Affairs. Zimmerman said the dirt biker hit the ... Read more
Young ATV rider killed; dirt-biker sought12:03AM EST December 10. 2012 - GREEN BAY, Wisc. -- The Green Bay Packers, as they have for more than two decades uninterrupted, found a way on their home turf to dispatch the Detroit Lions and also took a big step toward winning back-to-back NFC North Division titles on Sunday night. The Packers ... Read more
Packers heat up, leave Lions out in the coldMcAfee's lawyers have filed a request with a local court to grant him leave to stay in Guatemala until his legal appeals against deportation have been settled, which could take months. "The government of Guatemala respects the courts and we have to wait for them to make a decision," said Francisco ... Read more
Tech guru McAfee's legal appeals win him respite in Guatemala(Reuters) - American International Group Inc (AIG.N) on Sunday said it would sell up to 90 percent of its ILFC airplane leasing business to a Chinese consortium led by New China Trust Co Ltd in a deal that values ILFC at $5.28 billion. New China Trust, China Aviation Industrial Fund and P3 ... Read more
AIG to sell up to 90 percent of ILFC to Chinese groupSen. Bob Corker (R-Tenn.) said Sunday that he鈥檚 鈥渂eginning to believe鈥 that falling in line with President Obama鈥檚 call to raise taxes on the wealthiest Americans, then shifting the focus to reforming entitlements 鈥渋s the best route for us to take鈥 on the 鈥渇iscal cliff.鈥 鈥淭here ... Read more
Corker: Agreeing to tax increases then focusing on entitlements is 鈥榖est route for us鈥Gold traded steady above $1,700 an ounce on Monday, as a drop in the U.S. unemployment rate did little to dampen the outlook for easy monetary policy, which is expected to be reaffirmed at a Federal Reserve meeting later this week. Investors are watching progress in the U.S. fiscal talksand ... Read more
Gold Steady Above $1,700/oz; Eyes on Fed MeetingPaul Krugman has made it clear: he really, really doesn't like Paul Ryan's budget. "The Ryan budget is full of -- is full of magic asterisks, too. It's not a real budget. It's a fake document. I mean, I'm amazed that people haven't gotten that. You know, we're now a couple of years into the Ryan ... Read more
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