Daily Wrap Up - Dec 7
Tackling Global Warming; Obama's Jobs Plan; Economy Fragile but Rising
U.S. greenhouse gas ruling sends message to world
The Obama administration's greenhouse gas ruling Monday was meant to send a warning to industry, the U.S. Congress, and the world: with or without a law, Washington will tackle global warming in a serious way. Read Full Article here.
Obama sets plan to spur jobs, without busting budget
President Barack Obama will lay out policy proposals to combat double-digit unemployment in a speech on Tuesday tackling an economic problem that has become a political drain on his young administration. Read Full Article here.
Bernanke says economy improving, faces headwinds
Federal Reserve Chairman Ben Bernanke on Monday said the U.S. economy's recovery remained fragile and unemployment may be high for some time, cooling anticipation of an early increase in U.S. interest rates. Read Full Article here.
Google revamps search with real-time results
Google Inc has revamped its search engine to allow results to be refreshed with up-to-the-second data increasingly churned out by the new crop of real-time Web products. Read Full Article here.
Big U.S. brokers lost clients to online firms: survey
Big, full-service brokerages have lost a significant chunk of business to online firms that told small investors they are better off making their own decisions, Aite Group said in a report. Read Full Article here.
Probe extended for 8 accused in U.S. insider case
Eight people charged in a coast-to-coast U.S. hedge fund insider trading investigation have at least one more month for possible resolution of their cases, according to court records on Monday. Read Full Article here.
EU set to end Microsoft dispute next week: sources
The European Union and Microsoft are likely to end a decade-long dispute next week when EU antitrust regulators will accept the U.S. software company's amended offer on allowing consumer choice on Internet browsers, sources said. Read Full Article here.
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