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U.S. markets news

Dow, S&P 500 finish at all-time closing highs
Despite plunging oil and gas prices, stocks soared on Monday with the S&P 500 and the Dow Jones Industrial Average hitting new record closing highs.
S&P climbs to record to recover from selloff as tech stocks surge  Buffalo News
Stocks push to record highs, continuing rally  Tribune-Review
BBC News   Related articles »  
Israel's Bank Leumi Settles U.S. Tax Charges For $400M, Gives Depositor Names
To resolve U.S. tax charges, Israel's Bank Leumi has admitted that it helped over 1,500 U.S. account holders evade taxes. One of the largest banks in Israel, Leumi has offices in New York, Florida, Illinois and California.
Israel's Bank Leumi to pay $400 million for US tax settlement  Fortune
Israeli bank is the latest to admit hiding offshore U.S. accounts  Charlotte Observer
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P&G sells two classic brands to Unilever
Procter & Gamble said it would sell soap brands Camay and Zest to Unilever for an undisclosed amount to focus on its faster-growing brands.
UPDATE 1-P&G to sell soap brands Camay and Zest to Unilever  Reuters
Dow, S&P 500 post record highs; Procter & Gamble selling soap brands ...  cleveland.com
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Sales of existing homes hit six-month low, puzzling analysts
Sales of previously built homes slipped in November to their lowest level in six months as the supply of properties remained tight, an unexpected setback in what has shaped up to be a disappointing year for the housing market.
Existing-Home Sales Plunge  Investor's Business Daily
Chicago-area home sales slide as prices rise in November  Chicago Sun-Times
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Steep rate hikes stabilize ruble, but at cost of next year's growth
Exchange rates on Dec. 16 showed the ruble vs. the dollar. The ruble has plunged despite big increases in interest rates. Photo: Alexander Zemlianichenko � Associated Press file,.
Ex-minister Kudrin warns of "full-fledged crisis" in Russia  Zee News
Shrinking trade hurts both Russia and EU: Putin  Business Standard
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Twitter shares jump after analyst predicts Costolo exit
AFP 528975454 A CLJ USA CA Shares of Twitter jumped on Monday after a prominent Wall Street analyst predicted CEO Dick Costolo's days at micro-blogging company are numbered.
Peck: Good chance Costolo leaves Twitter 2015  NBCNews.com
Twitter stock jumps after analyst suggests CEO Dick Costolo could leave ...  GeekWire
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Oil scandal in Brazil just keeps growing; optimists see chance for change
RIO DE JANEIRO - On the surface it could not be much worse for Brazil. With the economy faltering, its cherished government-controlled oil company Petrobras spiraled into a $3.8 billion corruption scandal just as it was finally ramping up production in its ...
Rousseff pledges "drastic measures" to revive Brazil's economy  La prensa
Brazil's Rousseff stands by Petrobras CEO, says pessimism overblown  euronews
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Nicaragua Starts Canal as Critics Lambaste It
A Chinese-led Consortium Began Work on a Controversial Canal across Nicaragua that Critics Dismiss as Economically and Environmentally Unsound.
UPDATE 1-Nicaragua announces start of China-backed canal to rival Panama  Reuters
Nicaragua breaks ground on historic canal project  seattlepi.com
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Highway Tunnel Under Seattle to Open August 2017
A new highway tunnel through downtown Seattle won't be open until August 2017, about 20 months behind schedule, state transportation officials said Monday.
Bertha contractor sticks with plan to pull 200-ton piece to surface  Puget Sound Business Journal (Seattle)
Tentative Highway 99 tunnel opening: August 2017  The Seattle Times (blog)
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PG&E Releases More Emails That May Have Broken Regulatory Rules
PG&E Corp. released additional e-mails with California regulators that the owner of the state's largest electric utility says might violate communication rules.
PG&E self-reports more emails to California utilities regulator (PCG)  Seeking Alpha
SAN FRANCISCO ( NEW ) � California's biggest power utility...  FindItWestValley.com
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