Hostess wrap
Hostess Brands’ bakers union and its pension fund asked the judge overseeing the company’s bankruptcy to appoint a Chapter 11 trustee to wind down the maker of Twinkies and Wonder Bread.
MF claims
Trading in MF Global claims almost doubled last month to $1.6 billion as customers who have received most of their money after the broker went belly-up sold the remainder of their claims to banks and hedge funds, SecondMarket Holdings said.
Feelin’ good
The Conference Board said US consumer confidence rose this month to its highest level since February 2008s, helped by a better outlook for hiring over the next six months.
Reelin’ goods
Demand for goods such as machinery and electronics climbed in October by 1.7 percent, the most in five months, signaling companies are starting to overcome concern the fiscal cliff will derail the economy.
Viacom CFO
Media giant Viacom promoted Wade Davis to chief financial officer, replacing Jimmy Barge.