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    Last update: December 22, 2009

    +Ford, UAW reach tentative labor deal
      DETROIT (Reuters) - Ford Motor Co said on Saturday it had reached a tentative labor deal with the United Auto Workers union, capping a historic round of bargaining between the union and the embattled U.S. auto industry.

    +Citigroup CEO Prince to resign: reports
      NEW YORK (Reuters) - Citigroup Inc Chief Executive Charles Prince plans to resign this weekend, the Wall Street Journal said, as the widening subprime mortgage crisis deals a final blow to a reign long under attack.

    +For stocks, Fed chief in the spotlight
      NEW YORK (Reuters) - Investors banking on more interest-rate cuts may get some clues about what comes next from Federal Reserve Chairman Ben Bernanke, who testifies before the Joint Economic Committee of Congress on Thursday.

    +U.S. to boost testing of imported Canada meat
      WASHINGTON (Reuters) - Meat and poultry products being imported from Canada will be subjected to increased testing and inspection after an outbreak of E. coli in several U.S. states traced to beef from a Canadian company, the U.S. Agriculture Department said on Saturday.

    +Judge doubles damages in drug pricing case
      NEW YORK (Reuters) - A U.S. judge has ordered pharmaceutical companies AstraZeneca and Bristol-Myers Squibb Co to pay double damages in a case over false mark ups of U.S. drug prices through 2003, according to court documents filed on Friday.

    +U.S. rejects Glaxo's gepirone ER antidepressant
      LONDON (Reuters) - U.S. regulators have rejected GlaxoSmithKline Plc's experimental drug gepirone ER for adults with major depression.

    +Berkshire Hathaway profit up 64 pct on investments
      NEW YORK (Reuters) - Warren Buffett's Berkshire Hathaway Inc said on Friday its third-quarter profit rose 64 percent, as gains from PetroChina Co and other investments helped offset weaker results from insurance, its main business.

    +Former CEO Greenberg seeks "alternatives" for AIG
      NEW YORK (Reuters) - American International Group Inc stockholder and former chief executive Maurice "Hank" Greenberg said on Friday he was considering "strategic alternatives" for the world's largest insurer.

    +Hollywood writers call Monday strike
      LOS ANGELES (Reuters) - The union representing U.S. screenwriters called for a strike against film and TV studios starting on Monday in a move giving negotiators one last weekend to reach a contract deal or shatter 20 years of Hollywood labor peace.

    +Google to unveil mobile strategy: sources
      NEW YORK (Reuters) - Google Inc will unveil its mobile strategy on Monday, including a phone operating system and a broad alliance with multiple wireless service providers and handset vendors, people familiar with the matter said on Friday.

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