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Business

  • Microsoft calls Xbox One an all-in-one console
    Microsoft on Tuesday unveiled the Xbox One, an entertainment console meant to be the one system households will need for games, television, movies and other entertainment.
  • Dimon keeps two-faceted job
    Jamie Dimon, the CEO and chairman of JPMorgan Chase, easily survived a vote Tuesday that would have called on him to give up his role as chairman of the nation’s largest bank.
  • Apple CEO: We pay taxes
    The Senate dragged Apple Inc., the world’s most valuable company, into the debate over the U.S. tax code Tuesday, grilling CEO Tim Cook over allegations that its Irish subsidiaries help the company avoid billions in U.S. taxes.
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Week Ahead

Tuesday

•Federal Reserve releases consumer credit data for November

Wednesday

•Germany releases November industrial production figures

Thursday

•Labor Department releases weekly jobless claims

•Freddie Mac, the mortgage company, releases weekly mortgage rates

•Commerce Department releases wholesale trade inventories for November

•Labor Department releases job openings and labor turnover survey for November

Friday

•Commerce Department releases international trade data for November

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