Written by Joshua Green, Published on Business Week
On Sunday evening, after a long, fruitless day of haggling, talks between Harry Reid and Mitch McConnell to avert the fiscal cliff broke down and the Senate adjourned until Monday.
Published on FT.com
US media group Tribune, owner of the Los Angeles Times and the Chicago Tribune, is to emerge from bankruptcy on Monday, ending four years of Chapter 11 reorganisation.
Written by Jake Rudnitsky & Ramsey Al-Rikabi, Published on Bloomberg
Oil headed for its first annual decline since 2008 in New York as U.S. lawmakers sought an agreement on averting automatic tax increases and spending cuts that threaten the economy of the world’s largest crude consumer.
Written by ANUPREETA DAS and RYAN DEZEMBER, Published on WSJ
Investment-banking and valuation-advisory firm Duff & Phelps Corp. DUF +1.87% said it agreed to be acquired for about $665.5 million by a group that includes private-equity firm Carlyle Group CG -1.30% LP.
Written by Charles Riley, Pubilshed on CNN Money
For much of 2012, the Shanghai Composite was one of the world’s worst-performing indices, seemingly destined to end the year in negative territory.