Sirius buyout
The board of Sirius XM Radio approved a $2 billion common stock repurchase program and issued a special dividend, giving a big payout to its biggest shareholder, Liberty Media.
Jobless claims
Initial claims for state unemployment benefits dropped 25,000 to a seasonally adjusted 370,000 in the week ended Dec. 1, the Labor Department said.
Facebook ads
Facebook is in talks to purchase Microsoft’s Atlas Web advertising-placement service, a person familiar with the matter said, a deal that would step up Facebook’s rivalry with Google Inc. in the online-ad market.
Paying a Toll
Toll Brothers officials agreed to a $16.2 million settlement of claims that they wrongfully issued bullish forecasts in the face of falling housing demand while selling stock worth about $615 million, according to court filings.
Pricier pipes
Cablevision Systems is increasing the price of its high-speed Internet service for all users by $5 a month in early 2013, the first increase for broadband in a decade.