Bloomberg:
- The US dollar is headed for its first three-month gain against the euro and yen in almost four years on signs the US economy will expand faster than Europe and Japan and the Fed will keep raising interest rates.
- Wal-Mart may report higher sales growth than Target for the first time in 18 months, a sign efforts to revamp merchandise may be paying off.
- GE, which is exiting the insurance business, will sell 38 million shares of life- and mortgage-insurer Genworth Financial.
- President Bush said Iraqi security forces were achieving growing success in taking over the fight against violent insurgents.
- A judge refused to enforce a settlement that would have ended a lawsuit over patents for Research In Motion’s Blackberry e-mail pager, instead ordering a hearing on whether he should block US service of the device.
- Google has built up cash reserves and plans to hire more workers to fend off competition from companies such as Microsoft, a top executive said.
Wall Street Journal:
- Intel Corp. said more than 40 companies plan entertainment products for its “Viiv” technology, which is designed for home media computers.
- US retailers may get a final boost in sales from this year’s late Hanukkah shopping season.
- ASML US Inc. and other insurers are showing gory surgical operations on their Web sites, in an attempt to educate patients about medical procedures and persuade people to adopt healthier habits.
- Microsoft will begin offering a free trial of its Windows OneCare Live computer-security service today.
- Anheuser-Busch said yesterday that it plans to boost advertising spending for cable television and the Internet and cut back on network television ads to reflect consumer viewing patterns.
- Tiffany, Kay Jewelers and other jewelry sellers are cautiously expanding their collections to cater to a trend among men under 40 for titanium pendants, three-diamond rings, bracelets and other accoutrements.
- DR Horton, Pulte Homes and other US builders say they can boost sales, get better pricing from suppliers, and grab market share by consolidating even if the housing market weakens.
- The average vacancy rate of commercial-office real estate in the US fell to 15% in the third quarter, the sixth-consecutive drop.
FT.com:
- Walt Disney has narrowed the filed of candidates to buy its ABC radio stations to three, which should mean the unit can be sold by the end of the year.
Globes:
- Amdocs Ltd., a maker of telephone-billing software, is in talks with Sprint Nextel for a contract that may be worth tens of millions of dollars.
NY Times:
- Senator Hillary Clinton is now calling for the withdrawal of troops from Iraq next year.
Washington Post:
- US officials plan to stockpile as many as 8 million doses of an experimental vaccine by February to guard against a potential outbreak of avian influenza in humans.
- Mental health drugs are exempted from a US House proposal to push Medicaid recipients to seek cheaper treatments.
San Francisco Chronicle:
- A California judge threw out most legal arguments against the state’s stem cell program that have prevented research grants from being issued.
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