Daily Investor Briefing: Wall Street ends up on "fiscal cliff"...

	Click to View in Browser 11/16/2012 Wall Street ends up on "fiscal cliff" hopes NEW YORK (Reuters) - Hope that politicians would find common ground to steer clear of the "fiscal cliff" boosted stocks on Friday, though the gains were not enough to offset the week's losses. Wal-Mart files U.S. labor charge against union (Reuters) - Wal-Mart Stores Inc is taking its first legal step to stop months of protests and rallies outside Walmart stores, targeting the union that it says is behind such actions. JPMorgan, Credit Suisse settle with SEC for $417 million WASHINGTON/NEW YORK (Reuters) - JPMorgan Chase & Co and Credit Suisse Group AG will pay a combined $416.9 million to settle civil charges that they misled investors in the sale of risky mortgage bonds prior to the 2008 financial crisis, regulators said on Friday. Tribune Co gets FCC approval, nears bankruptcy exit (Reuters) - Tribune Co, the owner of the Chicago Tribune, Los Angeles Times and 23 television stations, said on Friday it received regulatory approval needed to end its nearly four-year stay in bankruptcy. High-flying Apple falls to earth as investors fret over taxes NEW YORK (Reuters) - Gravity has taken hold of Apple, and a lot of investors have been smacked on the head. FTC asks Visa for information on debit card service (Reuters) - The Federal Trade Commission (FTC) has asked Visa Inc to provide information on a debit card service that may have violated regulations related to the Dodd-Frank Act, the company said. Hostess liquidation expected to draw hungry buyers (Reuters) - If Hostess Brands wins court approval to liquidate next week, it is likely to encounter substantial demand for its portfolio of iconic snack cakes and baked goods like Twinkies and Wonder Bread, investors and industry experts said on Friday. Banks may shrink for good as layoffs near 160,000 LONDON (Reuters) - Major banks have announced some 160,000 job cuts since early last year and with more layoffs to come as the industry restructures, many will leave the shrinking sector for good as redundancies outpace new hires by roughly two-to-one. Battery maker A123 got U.S. funds as it sought bankruptcy WASHINGTON (Reuters) - The Obama administration provided struggling battery maker A123 Systems Inc with nearly $1 million on the day it filed for bankruptcy, the company told lawmakers investigating its government grant. Fidelity to shift headquarters in downtown Boston BOSTON (Reuters) - Fidelity Investments plans to relocate its corporate headquarters to a different building in downtown Boston. Related Video Cash-strapped students turn junk into cool jazz Trading at Noon: Markets rise on 'fiscal cliff' talks Related News BP's other victims are its shareholders: Frankel High-flying Apple falls to earth as investors fret over taxes A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend