The EU continues to work on its bailout fund and may ask the IMF for help. (Reuters)
American Airlines parent AMR (NYSE: AMR) files for Chapter 11. (Reuters)
S&P cuts its ratings on large American banks after it changes the way it treats their financials. (Reuters)
Facebook settles privacy charges with the FTC. (Reuters)
Company officials and bankers work on plans for a eurozone breakup. (Reuters)
Cyber Monday sales hit a record $1.25 billion, according to Comscore. (Reuters)
Samsung wins a court battle with Apple (NASDAQ: AAPL) in Australia. (Reuters)
Small U.S. banks lay off workers as the slow economy hurts their prospects. (WSJ)
Goldman Sachs (NYSE: GS) begins to provide start-up money to hedge funds. (WSJ)
A eurozone fund to bailout troubled nations still is not large enough to cover Italy or Spain. (WSJ)
The FCC attacks the AT&T (NYSE: T) takeover of T-Mobile in a document that says the deal would limit competitiveness. (WSJ)
Yahoo! (NASDAQ: YHOO) will try to close a deal to sell the company by the end of the year. (WSJ)
Fed vice chairwoman Janet Yellen warns that the economy could be badly damaged by Europe. (WSJ)
Facebook may decide that it does not need to go public and has enough capital to remain private. (WSJ)
Asian PC company Lenovo will launch a web TV project. (WSJ)
American Airline employee pensions could be at risk because of the Chapter 11 filings. (WSJ)
The UK will have to increase borrowing because of a slowing economy. (WSJ)
Eliquis, an anti-clotting drug from Pfizer (NYSE: PFE) and Bristol Myers (NYSE: BMY), will get a quick FDA review. (WSJ)
Honda (NYSE: HMC) expects January sales to improve in the U.S. (WSJ)
Despite resistance, James Murdoch will remain chairman of BSkyB. (WSJ)
The Empire State Building will have an IPO. (WSJ)
There is still a chance that a slow U.S. economy will prompt the Fed to start QE3. (WSJ)
Some critics say Moody’s and S&P missed early signs that Greece was in trouble. (NYT)
The Home Affordable Refinance Program to double in size to help more homeowners. (NYT)
Pfizer (NYSE: PFE) struggles to sell Lipitor as generic versions appear. (NYT)
Hundreds of thousand of UK workers strike as austerity measures grow. (NYT)
The Center for Automotive Research says automaking jobs will increase 28% by 2015. (NYT)
The SEC asks Congress for greater powers to regulate the financial and corporate sectors. (FT)
India’s GDP growth drops below 7%. (FT)
Eurozone finance ministers agree on certain bond guarantees and say they may turn to the IMF for help. (Bloomberg)
The EU may prepare debt write-down plans that would help keep private sector lenders intact. (Bloomberg)
Large PC company Acer turns to a profit. (Bloomberg)
Silver Lake offers $16.60 a share for a private stake in Yahoo! (Bloomberg)
Douglas A. McIntyre
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