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    Last update: December 22, 2009

    +Economic Preview: How did economy do without Uncle Sam's subsidies?
      The economy has been supported by government subsidies to buy houses and cars, but with the subsidies phasing out, it’s time to see how well the economy can perform without them.

    +Vivendi window for NBC stake sale opens: report
      Vivendi SA, the Paris entertainment company, can decide beginning Sunday to sell its 20% holding in NBC Universal, the operator of theme parks, a movie studio and TV networks and channels, Bloomberg News reports.

    +Citi to sell stake in Japan call-center firm
      Citigroup agreed to sell its 93.5% holding in Bellsystem24, the Japanese operator of call centers, for 93.5 billion yen ($1 billion) to an affiliate of the private-equity firm Bain Capital.

    +Asarco bid by Grupo Mexico affirmed by U.S. court
      Grupo Mexico, the mining company, wins a ruling that barring appeals will give it control of Asarco LLC, the Tucson, Ariz., integrated copper miner, The Wall Street Journal reported on Saturday.

    +Rolls-Royce wins big order from Air China
      Contract for jet engines to power 20 Air China Airbus A330 aircraft could be worth $1.5 billion.

    +Ex-Congressman Jefferson gets 13 years: reports
      Louisiana Democrat was convicted of bribery, money laundering and racketeering in alleged schmes to shake down businessmen seeking his help on deals in Africa.

    +NewsWatch: Obama embraces the challenge posed by China
      President Barack Obama says the U.S. will seek to increase cooperation with China, and also warns of the 'limits' of relying on American consumers and Asian exports to drive global growth.

    +Stocks to Watch: Stocks in focus for Monday
      Among the shares expected to see active trading on Monday are Lowe's, Assured Guaranty and Pacific Sunwear.

    +Obama wants full probe of Fort Hood tragedy
      Says nation needs to know if there were warning signs, anything could have been done to avert killings at Texas Armybase.

    +Google files revised settlement in Books case
      Open Book Alliance criticizes latest attempt to settle high-profile litigation.

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