UNITED STATES

Banks lead Wall St down as market doubts ECB bazooka

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Bank stocks led a sell-off on Wall Street on Thursday after the European Central Bank tempered hopes that policy-makers were priming a much anticipated financial bazooka to tackle Europe's raging debt crisis.
Corzine painting

Who Killed MF Global? Corzine Blames Nearly Everyone but Himself

Outside consultants, accountants, regulators, and people who were at the company “before I arrived” all took actions that undermined the stability of the company, Corzine is set to tell the House Committee on Agriculture today, according to his written comments. Not responsible, though as Corzine acknowledges are “one of the recurrent themes in the media” was the firm’s relatively high ratio of leverage or its exposure to European sovereign debt.
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HP TouchPad

$99 HP TouchPad Tablet is Back: How and Where to Get One

Hewlett-Packard, who may have inadvertently jump-started widespread interest in tablet computers with a deep price discount in September, will again be selling their now discontinued TouchPad tablets for $99 on Sunday, Dec.11. When the TouchPad first came out, the price was $400, nearly as much as an iPad.
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McDonald's November sales beat Street view

McDonald's Corp reported a bigger-than-expected rise in November sales at established restaurants across the board, led by big gains in Japan, China and a strong showing in its top revenue market of Europe.
Mulberry

Mulberry outlines growth after bagging profit surge

British luxury fashion brand Mulberry said it had substantial room for growth in Europe, the United States and Asia, as it reported first-half profit more than treble last year's due to robust international demand.
Novo7

$99 Tablet Computer Novo7 Hits U.S.: Can It Take on Apple iPad?

With an expected price of $99, American consumers will soon get the chance to try out the Novo7, the first tablet computer to sun Android's Ice Cream Sandwich operating system. Get the full spec list here, learn where to look for Novo7s (now available only in China), and compare it another Apple iPad challenger, the ill-fated HP TouchPad.
Verizon Strike

Congressmen Introduce Bill Tackling Overseas Call Centers

The U.S. Call Center Worker and Consumer Protection Act, sponsored by Reps. Tim Bishop (D-NY) and Dave McKinley (R-WV), would prohibit federal grants or loans to U.S. based companies who move call center jobs outside of the country following enactment of the legislation.
A salesman talks on his mobile phone as he walks past Samsung Electronics' LED television displays at an electronics store in Seoul April 29, 2011.

Samsung's November TV Sales Hit Record

Samsung Electronics Co, the world's top TV brand, said on Thursday its television sales hit a record 5.7 million units in November, helped by strong U.S. sales during the long Thanksgiving weekend.
Australian blood plasma group CSL said Thursday it would donate $2.5 million worth of cytomegalovirus (CMV) antibodies from human plasma to the NIH for the trial in the United States.

U.S. to Test Therapy to Prevent Birth Defects

The National Institutes of Health (NIH) is set to launch a large trial using antibodies to test a way to prevent birth defects, such as blindness and deafness, caused by mothers passing a common virus to their unborn babies.
A sculpture showing the Euro currency sign is seen in front of the ECB headquarters in Frankfurt

ECB Cool on More Bond Buying, Lending to IMF

The European Central Bank doused on Thursday hopes it will aggressively ramp up its bond-buying program and allow the euro zone to lend money to IMF so it can help fight the Eurozone debt crisis.
U.S. Military Funeral Service

U.S. Air Force Dumped Remains of 274 Troops in Landfill: Report

The incinerated partial remains were disposed of in what was previously a common U.S. military practice. The Washington Post reported that the dumping was hidden from families, who had given the Air Force permission to dispose of remains in a respectful and dignified manner, the newspaper said.
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Stock Futures Flat as Eurozone Summit Looms

Stock index futures were little changed on Thursday after investors pushed up stocks for three straight sessions, betting leaders come up with a solution to Eurozone debt crisis at an upcoming summit.

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