Yahoo board continues talks on Asian deal: report

Yahoo Inc’s board of directors has agreed to keep exploring a plan to split off the Internet company’s Asian assets in a complex deal valued at $17 billion, The Wall Street Journal reported on Friday. …

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Markets Rise Ahead of Merkel, Sarkozy Talks

Financial markets are signaling optimism that the leaders of Germany and France will deliver a cohesive plan that saves the euro through stricter oversight of government budgets.
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Markets Cautious After U.S. Debt Talks Collapse

The collapse of talks aimed at reducing the staggering U.S. budget deficit weighed on world markets Tuesday but failed to stifle a rebound in Europe.
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Ford’s success stirs UAW resentment in labor talks

[AP] – Ford’s turnaround over the last five years has resulted in big profits and won its CEO a reputation for brilliant management.
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Greek PM to hold crisis talks with Merkel, Sarkozy

[AP] – The leaders of Greece, France and Germany will seek ways to contain the spiraling debt crisis and prevent it from further roiling global financial markets in a teleconference on Wednesday evening.
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Obama summons leaders to White House on debt talks

[AP] – President Barack Obama and congressional leaders are scrambling to find a way ahead on a debt deal after House Speaker John Boehner threw negotiations into crisis by walking out less than two weeks before the deadline to avoid a potentially catastrophic default.
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Debt talks yield little; Obama rules out stopgap

[AP] – President Barack Obama and congressional leaders on Monday emerged still deeply divided over how to slash the nation’s debt, with reality sinking in that even a middle-ground proposal was not big enough to succeed and would not get through Congress anyway.
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Borders Group in talks for deal: source

[Reuters] – Bankrupt bookseller Borders Group Inc said it has received indications of third-party interest for its business that could keep it running as a going concern, a source close to the matter told Reuters.
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Duke Energy in talks to buy Progress Energy: report

[Reuters] – Duke Energy Corp , the third-largest U.S. power company, is in talks to acquire rival Progress Energy Inc in a deal worth more than $13 billion that could be announced as soon as Monday, the Financial Times reported on Saturday.
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Contract talks extended, no cable TV interruption

[AP] – Sinclair Broadcast Group and two cable TV companies have announced an agreement to extend a midnight deadline for a new contract until Jan. 14, averting an interruption of some programming to cable customers that carry Sinclair stations.
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