Business Today: Wall Street ends higher as investors buy dips

	Click to View in Browser 11/29/2012 Wall Street ends higher as investors buy dips NEW YORK (Reuters) - Stocks ended higher on Thursday as investors bought on sporadic dips in a market roiled by conflicting comments from Washington about high-stakes negotiations to avoid the "fiscal cliff." Boehner sees no progress in fiscal cliff talks WASHINGTON (Reuters) - House of Representatives Speaker John Boehner said on Thursday that "fiscal cliff" talks with the White House had made no substantive progress and criticized President Barack Obama and Democrats for failing to get serious about including spending cuts in a final deal. Inventories boost economic growth but trend weak WASHINGTON (Reuters) - The economy grew faster than initially thought in the third quarter as restocking by businesses provided a big boost, but consumer and business spending were revised lower in a sobering reminder of the recovery's underlying weakness. Groupon says Mason remains CEO after board debate SAN FRANCISCO (Reuters) - Andrew Mason will remain CEO of Groupon Inc , a company spokesman said on Thursday after the company's board met to debate the performance of the daily deal company's co-founder. GM seeks to build excitement for Chevy brand with SS sedan DETROIT (Reuters) - For the first time in nearly two decades, GM's Chevrolet brand will be back in the business of selling rear-wheel-drive sedans in the United States. JPMorgan looks to Brazil government for business SAO PAULO (Reuters) - JPMorgan Chase & Co sees a strong government presence in Brazil as a source for new business leads, a senior banker said on Thursday, highlighting the growing clout of the nation's public sector as an investment-banking client. Lifting BP ban will be more than simple agreement: source WASHINGTON (Reuters) - U.S. officials were surprised that BP Plc suggested an agreement would soon be ready to lift a suspension imposed this week on the company's obtaining new federal contracts, a government source said on Thursday. Peugeot and Renault factories in France hit by strikes PARIS/LILLE (Reuters) - Renault and PSA Peugeot Citroen were both hit by strikes on Thursday as both French car makers eye moves to cut costs and boost productivity amid slumping sales. Boeing proposes mediation in talks with engineers union (Reuters) - Boeing Co on Thursday asked for the aid of a federal mediator in contract talks with the union that represents its engineers, citing significant differences on pay and benefits. Lockheed confident about F-35 contract before year-end NEW YORK (Reuters) - Lockheed Martin Corp President Marillyn Hewson said on Thursday that talks with the Pentagon about a fifth batch of F-35 fighter jets were going well and an agreement was likely before the end of the year. Related Video UK PM rejects call for press law Sea-based attack drone readied for first carrier trials Economic News Boehner sees no progress in fiscal cliff talks Foreign central banks' US debt holdings rise: Fed 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