Daily Wrap Up - Dec 10
More bailout pay cuts coming; Climate deal call from Obama; Top auto execs talk
Pay czar poised for next wave of rulings
The Obama administration's pay czar plans to announce on Friday his next wave of rulings as bailout recipients struggle to get out from under his thumb. Read Full Article here.
Obama calls for climate deal
U.S. President Barack Obama urged world leaders on Thursday to break the deadlock at climate change talks in Copenhagen, even though many nations accused the United States of lacking ambition. Read Full Article here.
Ford CEO Mulally says talked to GM's Whitacre
Ford Motor Co Chief Executive Alan Mulally said in a CNBC interview on Thursday that he had talked this week with General Motors Co Chairman and Chief Executive Ed Whitacre. Read Full Article here.
U.S. House approves $447 billion spending bill
The House of Representatives on Thursday approved a $447 billion bill that boosts funding for a large part of the U.S. government and reflects priorities of Democrats who control Congress and the White House. Read Full Article here.
Craigslist founder testifies felt betrayed by eBay
Craigslist founder Craig Newmark testified on Thursday he decided to trust eBay Inc after a key 2004 meeting in which then-CEO Meg Whitman and other executives said the Internet giant shared the small private company's core values. Read Full Article here.
Oracle -- users tell EU Sun deal not anticompetitive
Oracle Corp's customers told concerned European Union regulators on Thursday that the U.S. software company's $7 billion deal to buy Sun Microsystems Inc would not curtail competition in the database market. Read Full Article here.
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