Down on oil
Hedge funds trimmed bullish bets on crude to the lowest in more than two years as demand fell in the wake of Hurricane Sandy, production increased to the highest since 1994 and President Barack Obama won re-election.
BB10 date
Research in Motion plans to introduce its new BlackBerry 10 smartphones on Jan. 30, the company said, giving investors confidence the long-awaited devices are near.
Hear me now?
Verizon Wireless, the mobile-phone carrier co-owned by Verizon Communications and Vodafone Group, plans to distribute $8.5 billion to its parent companies by the end of the year.
Achtung, baby
Deutsche Bank and Goldman Sachs and failed to persuade a judge to throw out lawsuits by the Federal Housing Finance Agency over alleged misconduct in the sale of mortgage-backed securities.
Kodak cash
Eastman Kodak, the bankrupt photography pioneer, said it arranged $793 million in financing from some creditors to exit bankruptcy by mid-2013.