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| SEC adopts new rules for credit-rating agencies
(AP)
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| AP - Federal regulators on Wednesday adopted new rules designed to stem conflicts of interest and provide more transparency for Wall Street's credit-rating industry, widely faulted for its role in the subprime mortgage debacle and ensuing credit crisis. |
| Stocks finish higher despite dismal economic data
(AP)
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 AP - Wall Street withstood another stream of bad economic readings Wednesday, closing sharply higher after investors shuttled between pessimism about the recession and hopes that the nation might start seeing relief soon. The major indexes saw big swings throughout the day, but all closed up more than 2 percent, giving the market its second straight advance.
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| World markets advance amid heightened volatility
(AP)
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 AP - World stock markets rose Wednesday as investors brushed aside further dismal economic news ahead of key interest-rate decisions in Europe and the closely watched U.S. jobs report for November.
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| Panasonic raises Sanyo offer: Nikkei
(Reuters)
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 Reuters - Panasonic Corp (6752.T) has raised its buyout offer for Sanyo Electric Co Ltd (6764.T) by 10 yen to 130 yen per share in the hope of closing a deal this week, the Nikkei financial daily reported, without citing sources.
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| Wall Street jumps on Coke and other defensive plays
(Reuters)
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Reuters - Stocks rose for a second day on Wednesday as investors flocked to shares of Coke and other companies that hold up well in recessions following another round of disappointing economic data and corporate outlooks.
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