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Valuations for U.S. equities have been stuck below the five-decade average for the longest period since Richard Nixon

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Officials say talks between Greece and private creditors on halving the country’s privately held debt load have ended and a deal is very close.
A statement from creditor representatives Charles Dallara and Jean Lemierre says the two sides are “close to the finalization of a voluntary (private sector involvement) … We expect to conclude next week […]

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The new man at the top of struggling Research In Motion Ltd. says his priority is to reinvigorate marketing and restore growth in the U.S., adding that he has no intention of allowing the iconic BlackBerry maker to be broken apart and sold in pieces.

The Federal Reserve will pay $76.9 billion to the U.S. Treasury as part of an annual dividend it remits after covering its own expenses from interest on its ballooning bond portfolio and other gains.
Total assets on the Fed

The International Monetary Fund will make a

Think your programming skills are world class? Facebook wants you to prove it at its second annual Hacker Cup challenge.
"Hacking is core to how we build at Facebook," the company said in a blog post announcing this year’s competition. "Whether we’re building a prototype for a major product like Timeline at a Hackathon, […]

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Delta Air Lines Inc. is boosting its flying out of New York’s LaGuardia airport, adding routes that target American Airlines and put it in a better position to compete against United.
Delta says the additions make it the biggest airline between the New York area and cities in the U.S. That should help it grab more […]

A closely-watched survey shows German investor sentiment grew in December, ending a nine-month downward trend.
However, the rise was not as big as expected as Europe’s raging debt crisis weighs heavily on the continent’s largest economy.
The ZEW investor sentiment index for December released Tuesday was up 1.4 points to minus 53.8 points overall. Analysts had forecast […]

The chief executive of St. Louis University Hospital says that his health system is seeking the assistance of a third-party mediator to break an impasse in contract talks with a national health insurer.
SLU Hospital Chief Executive Phillip Sowa said the hospital’s parent company, Tenet HealthCare Corp. of Dallas, faxed a letter Friday to Anthem Blue Cross and […]