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Italy's Government Faces Confidence Vote

Posted: 5:35 AM Italian Premier Mario Monti is facing a vote of confidence in the Senate that would signal parliamentary approval of the government's (euro) 30 billion ($39 billion) package of tax and pension changes.

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Scientist Gets 7-Plus Years For Trade Secret Theft

Posted: 5:28 PM A federal judge has sentenced a Chinese national scientist to more than seven years in federal prison after he pleaded guilty to illegally sending trade secrets on a pesticide and a new food product to China and Germany.

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Former UBS Trader In Court Over Alleged Fraud

Posted: 7:32 AM Former UBS trader Kweku Adoboli who was arrested in London on charges of fraud linked with unauthorized trades at the Swiss bank is to appear in court.

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Saab Files For Bankruptcy

Posted: 12:14 PM Saab Automobile, maker of one of the most distinctive line of cars in the world, gave up its long-shot fight to stay in business.

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Nissan Recalls 2 Vehicles For Engine Stalling

Updated: 11:41 AM Nissan is recalling their Sentra compact car because of an electrical problem that can cause the engine to stall. They're also recalling some of the Juke small crossover SUV's because of a stalling problem.

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Gas Prices Continue To Drop

Posted: 2:11 PM Gas prices have dropped an average of 5 cents a gallon nationally, and 24 cents over the last six weeks.

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Senate OKs $1T Budget Bill, Payroll Tax Cut

Posted: 2:46 PM The Senate has passed a $1 trillion-plus year-end budget bill for President Barack Obama's signature as part of a congressional endgame also featuring action on a two-month extension of a cut in the Social Security payroll tax and jobless benefits for the long-term unemployed.

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Many Stores Offering Free Shipping Today

Posted: 10:32 AM For folks who stayed home on Black Friday and spurned Cyber Monday, today's another chance to save some money on holiday gifts.

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SEC Sues Ex-Fannie, Freddie Execs For Fraud

Posted: 8:59 AM The Securities and Exchange Commission alleges former six executives of Freddie Mac and Fannie Mae misled investors with subprime mortgages.

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Job Openings Decline, But Hiring Picks Up

Posted: 10:51 AM The government says U.S. employers advertised slightly fewer jobs in October than September, but hiring went up during the same period.

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