Business Today: Stock futures gain on hopes for "fiscal cliff" deal

		Click to View in Browser 12/18/2012 Stock futures gain on hopes for "fiscal cliff" deal NEW YORK (Reuters) - Stock futures rose on Tuesday, indicating equities could extend a rally that took them to nearly two-month highs on growing optimism over a "fiscal cliff" deal. "Fiscal cliff" deal closer, but gaps remain WASHINGTON (Reuters) - After making major concessions on long-held "fiscal cliff" positions, President Barack Obama and House of Representatives Speaker John Boehner will test the reaction Tuesday of their respective parties in the U.S. Congress and continue talks aimed at further narrowing their differences. State Street drops out of bidding for Credit Suisse ETF unit NEW YORK (Reuters) - State Street Global Advisors has dropped out of the bidding for Credit Suisse's $17.34 billion European exchange-traded fund business, according to two sources familiar with the situation. Nielsen to buy radio ratings firm Arbitron for $1.26 billion (Reuters) - Nielsen Holdings NV, known for its television viewership ratings, agreed to pay $1.26 billion to acquire its radio counterpart, Arbitron Inc. Euro zone rescuer Draghi faces daunting 2013 FRANKFURT (Reuters) - With two short sentences, the head of the European Central Bank took the heat out of the euro zone crisis this year. In 2013 Mario Draghi has to live up to even bigger expectations. Icahn's American Railcar offers to buy Greenbrier for $543 million (Reuters) - American Railcar Industries Inc , controlled by activist investor Carl Icahn, offered to buy rival railcar maker Greenbrier Cos Inc for about $543 million, reviving a nearly five-year old plan to combine the companies. Insight: Marathon talks set Europe on path to banking union BRUSSELS (Reuters) - When 20 European Union leaders gathered in Oslo's sub-zero temperatures on December 10 to celebrate winning the Nobel Peace Prize, there was an unspoken item on the agenda: banking union. Bank of Japan to mull 2 percent inflation target as Abe turns up heat TOKYO (Reuters) - The Bank of Japan will ease monetary policy this week and consider adopting a 2 percent inflation target no later than in January, sources say, responding to pressure from next Prime Minister Shinzo Abe for stronger efforts to beat deflation. Toyota to pay record $17.35 million fine for U.S. defect reporting lapse (Reuters) - Toyota Motor Corp has been ordered to pay a record fine of $17.35 million for failing to report a safety defect to the U.S. government in a timely manner, the U.S. Department of Transportation said. Insight: Swiss, facing EU tax pressure, ponder how to attract firms GENEVA (Reuters) - "Happy Taxation" is a 2011 book by Pascal Broulis, finance minister of the Swiss canton of Vaud and celebrant of the low taxes that distinguish Switzerland. But as times get tougher, discontent about Swiss tax breaks is mounting. Related Video U.S. Morning Call: Walmart bribed officials in Mexico - NYT Market Pulse: Whisper it, but Europe the place to be in 2013 Economic News "Fiscal cliff" deal closer, but gaps remain U.S. current account deficit smallest in nearly two years 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