Avis buying Zipcar in deal worth nearly $500M - latimes.comAvis buying Zipcar in deal worth nearly $500M - latimes.com: "Avis is buying Zipcar for $491.2 million, expanding its offerings from traditional car rentals to car sharing services. Car sharing has become a popular alternativ…Read More
US Manufacturing Beats Estimate; Construction Spending FallsUS Manufacturing Beats Estimate; Construction Spending Falls: "U.S. manufacturing expanded slightly in December, while a separate report showed that U.S. construction spending fell in November for the first time in eight mont…Read More
Iran says it captured 2 more U.S. drones in pastIran says it captured 2 more U.S. drones in past: "TEHRAN, Iran (AP) — An Iranian navy commander claims Iran captured two small U.S. drones in past missions in addition to at least four others reported earlier.Adm. Amir Rastg…Read More
Decent Economic Data Crushing China Short Sellers - ForbesDecent Economic Data Crushing China Short Sellers - Forbes: "China’s Purchasing Managers Index remained unchanged in December, which isn’t exactly a cause for wild celebration. December PMI held steady at 50.6. Expectat…Read More
Stocks rally on relief from 'fiscal cliff'Stocks rally on relief from 'fiscal cliff': "Investors breathed a sigh of relief and pushed stocks sharply higher Wednesday after lawmakers agreed late Tuesday on a deal to avert the 'fiscal cliff' of tax increases and spendi…Read More