The U.S. House of Representatives passes a bill to avoid the fiscal cliff but leaves open issues about the debt cap. (Reuters)
Source: courtesy of YouTube
Reports from several large nations in Asia show manufacturing up but weak exports. (Reuters)
LG Electronics takes orders for its “next generation” TVs. (Reuters)
The new health care law leaves employers with challenges to keeping their costs down. (WSJ)
Banks may settle with federal regulators on issues around mistakes on thousands of mortgages. The cost of the settlement may be $10 billion. (WSJ)
Research firm Polk forecasts U.S. auto sales to top 15 million this year. (WSJ)
The FDA approves Sirturo, a tuberculosis drug made by Johnson & Johnson (NYSE: JNJ). (WSJ)
A lack of content agreements slows Intel Corp.’s (NASDAQ: INTC) push into the Internet TV market. (WSJ)
More laws about online privacy may effect the finances of a number of large tech firms. (NYT)
China will pass Europe in auto production. (FT)
Boeing Co. (NYSE: BA) is expected to pass Airbus in orders within the next three years. (FT)
Oil reaches two-month high on approval of the fiscal cliff deal. (Bloomberg)
Douglas A. McIntyre
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