Initial Jobless Claims in US Rose Last Week to 361000 – Bloomberg

Obama Proving $418 Billion Bailout No Failure as GM Buys Shares – Bloomberg

Clearwire investors unlikely to get higher Sprint bid – Reuters

UPDATE 3-Edison Mission Energy files for bankruptcy – Reuters

Caribou Coffee crunch – MarketWatch

Morgan Stanley Fined $5 Million by State Over Facebook IPO – Businessweek

Stocks tiptoe higher on fiscal cliff moves – Dec. 17, 2012 – CNN

Shares of gun maker Smith & Wesson tumble after Connecticut shooting – Los Angeles Times

UPDATE 2-Elliott bids for Compuware after seeking sale at rival – Reuters

N. Korea displays Kim Jong Il a year after death – Houston Chronicle