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U.S. markets news

China Industrial Profits Decline Most In 27 Months
Chinese industrial profits declined at the fastest pace in 27 months in November, official data revealed Saturday. Industrial profits fell by 4.2 percent from last year to CNY 676.12 billion, the biggest decrease since August 2012, the National Bureau of Statistics ...
China's November industrial profits at 27-month low  Zee News
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Russia May Burn Wealth Funds in 3 Years Without Cuts
Russia, poised to enter a recession, will burn through its rainy-day funds in three years if the government doesn't change the budget structure, according to Finance Minister Anton Siluanov.
Scaled-Up Banking Rescue to Push Russian Budget Into Deficit  New York Times
Russia empties the vault to prop up the ruble  CNNMoney
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Bloomberg Briefing, Dec. 27
Number of the day. $10 billion. That's how much Credit Suisse Group could have to pay in legal damages, thanks to a ruling last week by a New York Supreme Court justice who refused to toss out the case.
New York's Top Cop Scores as Credit Suisse Faces $10 Billion Mortgage ...  Bloomberg
Credit Suisse loses bid to dismiss mortgage case  CNBC
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Amazon adds 10M Prime subscribers during holiday
Amazon says more than 10 million people tried the online retailing giant's Prime subscription service for the first time this holiday.
Amazon signs 10000 new Prime members during the holidays  CNET
Amazon draws 10 million new Prime members over holidays  Reuters
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Plymouth school error takes money from staff bank accounts
PLYMOUTH, Mass. �Some employees in a Massachusetts school district feel like they got a visit from the Grinch. Instead of receiving their paychecks via direct deposit on the day after Christmas, Plymouth Public Schools workers awoke Friday to find that the ...
Plymouth school employees' pay mistakenly withdrawn  Boston Globe
Plymouth School Department Payroll Mistake Affects More Than 1300 Employees
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U.S. stocks close higher, extending gains for the week
The Dow Jones industrial average, Standard & Poor's 500 index and the Russell 2000 index of small-company stocks closed at all-time highs Friday.
U.S. stocks extend rally as Russell 2000 reaches all-time high  Bradenton Herald
Dow Tops 18000 Amid Weekly Gains as GDP Data Bolster Small Caps  Bloomberg
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After-Christmas shopping
BARBOURSVILLE - The pitter-patter of feet in area homes Christmas morning was replaced by the pitter-patter of thousands of shoppers into Tri-State retailers Friday morning.
Big Crowds Expected For Holiday Shopping Returns  CBS Local
How to tackle your holiday gift returns  MetroWest Daily News
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Oil industry faces hurdles in 2015
BISMARCK -- With oil prices slipping to their lowest point in more than five years, new state regulations slated to take effect and lawmakers proposing major investments in oil country, 2015 is shaping up to be a critical year for the oil and gas industry in North ...
Bakken outlook: Oil industry faces hurdles in 2015  Dickinson Press
It's time to lift the crude oil export ban  U-T San Diego
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Shipping firms did much better this Christmas
FedEx employees pull boxes from a conveyor belt and fill their trucks for deliveries Dec. 15 at a sorting facility in the Bronx borough of New York.
FedEx, UPS improve holiday shipping performance - The Spokesman-Review  Macro Insider
Eight things you may have missed Friday from the world of business  Boston Globe
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Brazil's Petrobras hit with US class action suit over US$98bil in securities
NEW YORK: Brazil's state-run oil company Petroleo Brasileiro SA and some of its executives were hit with a U.S. class action lawsuit by investors in US$98 billion of the company's securities over an alleged kickback and bribery scheme.
US city sues Brazil's Petrobras and its chief  Daily Mail
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