Daily Wrap Up - Dec 17
RIM Beats Views; Climate Talk Trouble; Continuing Recovery
RIM posts strong 3Q earnings, fixes BlackBerry email outage
Following this morning's BlackBerry email outage which has now been fixed, the smartphone maker, Research In Motion Ltd. released better than expected third quarter earnings after the closing bell. Read Full Article here.
Copenhagen climate talks in trouble, blame begins
Prospects for a strong U.N. climate pact grew more remote on Thursday at the climax of two-year talks as ministers and leaders blamed leading emitters China and the United States for deadlock on carbon cuts. Read Full Article here.
Data points to economic recovery continuing
Factory activity in the U.S. mid-Atlantic region hit a 4-1/2-year high in December and a gauge of future economic conditions rose last month, adding to evidence of a pick-up in the pace of the economy's recovery. Read Full Article here.
BofA's newly named CEO says won't sell U.S. Trust
Bank of America Corp's successor for retiring Chief Executive Kenneth Lewis said on Thursday the company has no plans to sell its U.S. Trust unit. Read Full Article here.
Greenspan backs deficit-reduction commission
Former Federal Reserve Chairman Alan Greenspan on Thursday endorsed a proposed bipartisan commission to help make the tough calls needed to get the spiraling and record U.S. debt under control. Read Full Article here.
Oil, gas co's to hike new project spending: survey
Global spending on oil and gas exploration and production will rise 11 percent to $439 billion in 2010, reversing a drop in pending in 2009 as energy prices climb, according to a survey conducted by analysts at Barclays Capital. Read Full Article here.
Libraries ask for oversight of Google books product
Three library associations have asked the Justice Department to oversee Google's plans to create a massive digital library to prevent an excessively high price for institutional subscriptions, the groups said on Thursday. Read Full Article here.
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