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AFP - US industrial production rose a sharp 0.8-percent in November, regaining momentum after a flat month, Federal Reserve data showed Tuesday.
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AP - Foreign demand for long-term U.S. financial assets slowed in October and China’s holdings of U.S. Treasury securities were unchanged.
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AP - Hundreds of people have entered the JPMorgan Chase & Co. offices to protest what they say is the bank’s insufficient efforts to help struggling homeowners save their homes.
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Reuters - Forest products maker Weyerhaeuser Co plans to convert into a real estate investment trust and pay a special dividend, a plan that will give it greater financial flexibility as the recession fades.
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AP - Weyerhaeuser said Tuesday its board has approved a conversion of the forest products giant into a real estate investment trust, letting the company take advantage of certain tax benefits.
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