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Wells Fargo & Co. says it plans to eliminate a small but unspecified number of business lending jobs in Birmingham. The Birmingham News reports that Wells Fargo spokesman Jay Lawrence says the affected employees work in the unit that administers small…

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Wells Fargo to cut some Birmingham jobs

Stocks pointed to a mixed open Thursday ahead of a report on unemployment and as investors looked to wrap up a strong year for the market. Trading is expected to be quiet as investors await the arrival of 2010 to draw clues about the direction of the markets….

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Stocks point to mixed open ahead of jobs figures

QILAI SHEN/EUROPEAN PRESSPHOTO AGENCYAn employee works on the assembly line at a Geely Automobile Holdings factory in Ningbo, China. Geely, China’s biggest private automaker, is looking to break into the more profitable overseas markets. In a sprawling factory south of…

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Growing demand fuels China’s growing auto industry

Mary Altaffer/The Associated PressWall Street outside the New York Stock Exchange in New York.NEW YORK — Stocks are pointing to a mixed open ahead of a report on employment and as investors look to wrap up a strong year for…

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Wall Street expects mixed opening ahead of employment reports

REYKJAVIK (Reuters) – Iceland’s parliament approved an amended bill late on Wednesday to repay more than $5 billion lost by savers in Britain and the Netherlands when the island’s banks collapsed during the financial crisis.

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Iceland parliament approves Icesave repayment bill

LONDON — World stocks edged up modestly today as they headed for the long New Year weekend in upbeat mood following a nine-month bull run that has seen many markets advance over 50 percent. In Europe, the FTSE 100 index…

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European, Asian markets edge up, marking nine-month bull run

As Ronak Ray hunted for his flight gate, he prepared for the prospect of a security guard peering through his clothes with a full body scanner. But Ray doesn’t mind: what he gives up in privacy he gets back in security. “I think it’s necessary,” said Ray, a…

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Travelers’ choice: Shed shyness for security?

Rush Limbaugh, the conservative U.S. talk radio host, is “resting comfortably” in a Honolulu hospital after suffering chest pains, his program said in a statement.

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Rush Limbaugh Resting in Honolulu Hospital After Chest Pains

The son of the deposed Shah of Iran has urged nations worldwide to withdraw their ambassadors from Tehran to protest violence against opposition demonstrators. Reza Pahlavi, who has lived in exile since his father was toppled in the 1979 revolution, has…

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Shah’s son urges international protest over Iran

The Mayo Clinic, praised by President Barack Obama as a national model for efficient health care, will stop accepting Medicare patients as of tomorrow at one of its primary-care clinics in Arizona, saying the U.S. government pays too little.

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Mayo Clinic in Arizona to Stop Treating Some Medicare Patients

SAED HINDASH/THE STAR-LEDGERALLAN HOFFMAN Foretelling the future is a treacherous task. That’s because you’re almost certain to get lots of things wrong. No matter. It’s that time of year when just about everyone is trying to gaze into the future,…

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Predictions and wishes for the new year

HONG KONG/MOSCOW (Reuters) – UC RUSAL plans to raise up to $2.6 billion in a landmark Hong Kong IPO next month and is betting on aluminum price growth to repay nearly $15 billion in debt and restore profits after a miserable first half of 2009.

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RUSAL goes public in pursuit of $2.6 billion

COURTESY OF TOBY RICHARDS/WALEK & ASSOC.Economist Burton G. Malkiel is the co-author of “The Elements of Investing, ” with Charles D. Ellis. It’s a whimsical notion that Burton Malkiel ushered into popular culture in his 1973 book, “A Random Walk…

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Economist Burton Malkiel retools his popular ’73 advice for new investing primer

Iceland’s parliament passed a foreign depositor bill that marks the final milestone in repairing the island’s international investor relations.

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Iceland Lawmakers Pass Accord With U.K., Netherlands (Update2)

New York is banning backpacks in Times Square, Bangkok is tightening security and Sydney is cracking down on public drinking as police around the world gear up for millions of New Year’s Eve revelers.

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Police Around World Ramp Up New Year’s Eve Security (Update1)