Gold sets new record, risk appetite helps global stocks - Reuters - 10 minutes ago
Gold surged to an all-time high above $1,200 an ounce on Wednesday, hitting a record for a second straight day, and Asian stocks advanced as investors chased riskier assets offering higher returns.

China lets foreigners set up limited partnerships - Reuters - 13 minutes ago
Foreign firms and individuals will be allowed to set up limited partnership firms in China from March 2010, a move that could make it easier for some overseas investors to tap the domestic market.

McDonald's COO Alvarez to retire, cites health - Reuters - Tue 9:42 pm ET
McDonald's Corp Chief Operating Officer Ralph Alvarez, who was widely believed to be in line for the fast-food chain's top job, will retire on December 31 due to health reasons, the company said on Tuesday.

GM CEO departs in shakeup by board - Reuters - Tue 9:16 pm ET
General Motors Co's chief executive, Fritz Henderson, abruptly resigned on Tuesday, after the company's board decided it wanted to chart a new course for the restructuring automaker.

Dow hits 14-month high on data, dollar and Dubai - Reuters - Tue 4:59 pm ET
The Dow Jones industrial average climbed to its highest close in 14 months on Tuesday as a weak dollar boosted natural resource companies' shares and economic data reinforced hopes for a sustainable recovery.

Fed's Plosser says policy must be preemptive - Reuters - Tue 4:41 pm ET
The U.S. Federal Reserve must be prepared to raise interest rates if needed before the jobless rate has fallen to an "acceptable level", or risk losing its inflation-fighting credibility, a senior Fed official said on Tuesday.

Energizer is going, going, almost gone from CVS - Reuters - Tue 3:53 pm ET
CVS Caremark Corp has found a way to stop the Energizer bunny. It will discontinue sales of the company's alkaline batteries early next year.