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House eases restrictions on derivatives trades - AP - 36 minutes ago
A bipartisan coalition in the House voted late Thursday to make it easier for corporations to engage in complex derivatives trades without government restrictions, eroding the reach of proposed regulations to govern Wall Street.

Senate Dems may change health care compromise - AP - 1 hour, 50 minutes ago
Senate Democrats are considering changing a proposed expansion of Medicare to address complaints from doctors and hospitals and defray costs for consumers, officials said Thursday, two days after party leaders hailed it as part of a breakthrough for health care.

Europe exceeds US in bank bonus crackdown - AP - Thu 6:06 pm ET
Better to be a banker in New York than Europe this bonus season. The leaders of Britain and France are embracing a one-time tax on fat bonuses paid by bailed-out banks -- a restriction that goes far beyond what's being considered in the United States.

Americans' net worth up for 2nd straight quarter - AP - Thu 5:30 pm ET
Inch by inch, Americans are recovering some of their vast loss of wealth from the recession, thanks to gains in stock investments and home values.

Nations seek climate financing for poor countries - AP - 2 hours, 22 minutes ago
European nations pressed former East bloc neighbors Thursday to help create a multibillion-dollar fund for poor countries suffering the most from global warming, while key U.S. senators signaled progress on legislation in line with what President Barack Obama will pledge at the U.N. climate conference next week.

Gov't misconduct may unravel Broadcom fraud case - AP - Thu 7:41 pm ET
When the federal government revealed it had launched a massive investigation of some of Broadcom Corp.'s top executives for backdating stock options, it sent a shock wave through the business world.

1 year later, fallout from Madoff's massive fraud - AP - Thu 5:46 pm ET
Authorities say there is more aggressive enforcement of white-collar crime and stiffer sentences a year after Bernard Madoff's arrest.

Chinese car market overtakes that of United States - AP - Thu 5:10 pm ET
China has overtaken the U.S. as the world's biggest market for automobiles, the first time any other country has bought more vehicles than the nation that produced Henry Ford, the Cadillac and the minivan.

Stocks rise as trade deficit narrows in October - AP - Thu 5:48 pm ET
A jump in exports lifted stocks Thursday, offsetting concerns about an increase in unemployment claims. The market came away with moderate gains for the day after the Commerce Department said rising exports helped narrow the nation's trade gap to $32.9 billion in October.

Exports up for 6th straight month, boost recovery - AP - Thu 12:12 pm ET
The economic recovery is likely to draw strength from exports such as farm products, autos, aircraft and industrial machinery -- all of which helped lower the nation's trade deficit in October.

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