Business Today: Wall Street set for modest gain at open; Fed to meet

		Click to View in Browser 12/17/2013 Wall Street set for modest gain at open; Fed to meet NEW YORK (Reuters) - Stocks were set to open slightly higher on Tuesday as the Federal Reserve prepared to begin its last policy-setting meeting of the year. Consumer prices flat in November as gasoline falls WASHINGTON (Reuters) - Consumer prices were flat in November, but a bounce back in the annual inflation rate from a four-year low will probably give the Federal Reserve cover to start dialing back it massive monetary stimulus. AT&T to sell Connecticut wireline operations for $2 billion (Reuters) - AT&T Inc said it would sell its wireline operations in Connecticut to Frontier Communications for $2 billion in cash, partly to fund the expansion of its 4G network. JP Morgan, Deutsche ban multi-dealer chat rooms: sources LONDON (Reuters) - JP Morgan Chase and Deutsche Bank are banning the use of multi-dealer online chat rooms, sources familiar with the plans told Reuters, as banks crack down on inappropriate communications by staff following a string of scandals. Investors avoid EM, commodities, yen on bullish dollar view: BofA poll LONDON (Reuters) - The number of investors who think the dollar is cheap has hit its highest level since August 2008, encouraging asset managers to avoid emerging market assets, commodities and the yen, a survey showed on Tuesday. New Basel study confirms variations in how banks tot up risks LONDON (Reuters) - Global banking regulators have reinforced their campaign to impose more consistent ways for banks to assess risks on their trading books with a second finding of wide variations between systems in use in the sector. GSK to stop paying doctors in overhaul of sales practices LONDON (Reuters) - GlaxoSmithKline will stop paying doctors for promoting its drugs and scrap prescription targets for its marketing staff - a first for an industry battling scandals over its sales practices, and a challenge for its peers to follow suit. Current account deficit smallest in four years WASHINGTON (Reuters) - The U.S. current account deficit was the smallest in four years in the third quarter as exports increased and more income was earned abroad, a government report showed on Tuesday. Mercedes eyes record output as plants run at full steam BERLIN (Reuters) - Daimler's Mercedes-Benz division will push output to a new record this year as German plants are running extra shifts to meet strong demand for new compact models as well as the overhauled S-Class flagship sedan. Germany's financial fire-fighter steps back, but for how long? BERLIN (Reuters) - Leaving the spotlight of the European Central Bank for a back-office position in a German ministry that pays a fraction of the salary might look at first glance like professional suicide for Joerg Asmussen. Related Video Breakingviews: Shale energy deficit will hit Europe hard Reuters Today: Caution – soft prices ahead Economic News U.S. Senate approval of two-year budget deal likely this week U.S. factory activity gains steam as production broadens 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