Reuters: China has hit back at a tariff put on steel pipes by the US.
Reuters: Oil, near $80, may have strongest gain in a decade.
Reuters: The government will give GMAC $3.5 billion.
WSJ: US mortgage companies will be required to give greater disclosures to consumers on the costs of loans.
WSJ: Chrysler dealers are still fighting being closed.
WSJ: Fox and Time Warner Cable (NYSE:TWC) are still fighting over fees the channel should be paid by the cable firm
WSJ: J&J (NYSE:JNJ) had a major setback on use of one of its antibiotics.
WSJ: The No.2 executive at Continental (NYSE:CAL) will become CEO.
WSJ: The DJIA is up 20% this year.
WSJ: The way that jobless numbers are calculated means that unemployment has probably not peaked.
NYT: Several European nations could still default on debt.
NYT: Google’s (NASDAQ:GOOG) YouTube is working on technology to bring people videos related to their original searches.
NYT: The N0.2 executive at McDonald’s (NYSE:MCD) left suddenly.
NYT: ShopperTrak says sales rose 9% on December 26
FT: M&A activity was not hurt by the recession.
Bloomberg: Mortgage bonds rallied, a sign mortgage rates will rise.
Bloomberg: A senior Chinese office said 2010 will be a crucial year for fighting the economic crisis.
Douglas A. McIntyre
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