Daily Investor Briefing: Wall Street ends up for third day;...

	Click to View in Browser 12/19/2014 Wall Street ends up for third day; energy shares rise NEW YORK (Reuters) - U.S. stocks extended their gains to a third session on Friday, giving the S&P 500 its best weekly performance in about two months as energy shares continued to rebound. Obama vows U.S. response to North Korea over Sony cyber attack WASHINGTON (Reuters) - President Barack Obama vowed on Friday to respond to a devastating cyber attack on Sony Pictures that he blamed on North Korea, and scolded the Hollywood studio for caving in to what he described as a dictator trying to impose censorship in the United States. Exclusive: GM develops contingency plans in case Takata recalls widen DETROIT(Reuters) - General Motors Co has developed contingency plans in case recalls of potentially lethal Takata-made air bag inflators widens, forcing the U.S. automaker to repair millions of vehicles, the company said on Friday. Oil jumps 5 percent second time in week on short-covering NEW YORK (Reuters) - Oil prices jumped more than 5 percent on Friday for a second time in a week as short-covering alleviated pressure in a market dominated by sellers the past six months, and lighter-than-usual pre-holiday volume exaggerated the move higher. Oil, stocks go their separate ways NEW YORK (Reuters) - Investors have wrung their hands over the last several weeks over the effect of lower oil prices on the broader S&P 500, but the relationship between the two is actually starting to break down. EU widens trade row with new Boeing subsidy claim GENEVA (Reuters) - The European Union opened a new front in a decade-old dispute over aircraft subsidies on Friday, launching a complaint at the World Trade Organization alleging illegal tax breaks in Boeing's home state of Washington. Russia's parliament rushes through bill boosting banking capital MOSCOW (Reuters) - Russia's lower house of parliament hastily approved a draft law on Friday that would give the banking sector a capital boost of up to 1 trillion rubles ($16.5 billion). U.S. NLRB files labor violations complaints against McDonald's (Reuters) - The U.S. National Labor Relations Board on Friday filed complaints against McDonald's Corp and its franchises for alleged labor violations, including the illegal firing and intimidation of staff who protested working conditions. Fed's Williams sees June 2015 'reasonable' for rates liftoff SAN FRANCISCO (Reuters) - U.S. inflation will likely still be "well below" the Federal Reserve's 2-percent target next year, but that won't stop the central bank from raising interest rates, a top policymaker said on Friday. Thai Union Frozen to buy U.S. tuna firm Bumble Bee for $1.5 billion BANGKOK (Reuters) - Thai Union Frozen Products PCL , the world's biggest producer of canned tuna, has agreed to buy U.S. competitor Bumble Bee Seafoods for $1.5 billion as part of a plan to double revenue through overseas acquisitions. Related Video Obama says Sony decision to pull movie was "mistake" Obama touts economic gains in his end of the year briefing Related News Washington governor pushes capital gains tax in face of budget gap How to win friends and family while regifting 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