Treasury Dept. Cutting Pay for Bailout Firms' Top Executives

The Treasury Department is freezing pay for CEOs and cutting pay for 75 top executives at GM, AIG, and Ally Financial.

Sources:KSWBBusinessInsiderTheHuffingtonPost

DailyPoliticalGMAuthority

Watch video: http://www.newsy.com/videos/treasury-dept-cutting-pay-for-bailout-firms-top-executives/ 

By Madison Mack

Anchor: Nathan Byrnes

Link courtesy of Newsy.com

Students and Toddler Pepper Sprayed On California Campus

Students at Santa Monica College were protesting a tuition hike outside the Board of Trustees' meeting Tuesday night.

Sources:NBCLosAngelesBusinessInsider

NewYorkTimesKABC

Watch video: http://www.newsy.com/videos/students-and-toddler-pepper-sprayed-on-california-campus/ 

By Meredith Baldwin

Anchor: Megan Murphy

Link courtesy of Newsy.com

New York Unveils 'Taxis of Tomorrow'

The Nissan NV200 will become the official, exclusive taxi of the New York City starting in 2013.

Sources:FoxNewsKDFWCarandDriver

BusinessInsiderTheVergeSwitchboard

Watch video: http://www.newsy.com/videos/new-york-unveils-taxis-of-tomorrow/ 

By Jing Liu

Anchor: Carissa Loethen

Link courtesy of Newsy.com

Yahoo CEO Said to be Planning Layoffs

Yahoo CEO Scott Thompson could announce thousands of layoffs as soon as this month, say sources close to the company.

Sources:PCWorldBloombergTheWallStreetJournal

BusinessInsiderForbes 

Watch video: http://www.newsy.com/videos/yahoo-ceo-said-to-be-planning-layoffs/ 

By Evan Thomas

Anchor: Nathan Bryne

Link courtesy of Newsy.com

Facebook Says it Isn’t Reading Your Text Messages

An article in the Sunday Times alleges Facebook’s mobile app is accessing data on your smartphone, including text messages.

Sources:TechCrunchPCMagazineTheVerge

BusinessInsiderGizmodo

Watch video: http://www.newsy.com/videos/facebook-says-it-isn-t-reading-your-text-messages/ 

By Evan Thomas

Anchor: Nathan Bryne

Link courtesy of Newsy.com

Major Video Gaming Companies Abandon SOPA

Nintendo, Electronic Arts and Sony, three of world’s largest video game publishers, have rescinded support of Stop Online Piracy Act.

Sources:BusinessInsiderJoystiqVentureBeat

CNET

Watch video: http://www.newsy.com/videos/major-video-gaming-companies-abandon-sopa/

By Adnan S. Khan

Anchor: Lauren Zima

Link courtesy of Newsy.com

Trump To Moderate GOP Debate

The Donald will moderate a Dec. 27 debate, but is it all a publicity stunt? Plus, find out which candidates are refusing to participate.

Sources:KTVUCNNTheWashingtonPost

RonPaul2012BusinessInsider Politico

Watch video: http://www.newsy.com/videos/trump-to-moderate-gop-debate/

By Christy Lewis

Anchor: Christy Lewis

Lin courtesy of Newsy.com

'America's Toughest Sheriff' Endorses Rick Perry

With controversial Arizona Sheriff Joe Arpaio’s endorsement, Rick Perry hardens his stance on illegal immigration.

Sources:CNNFox NewsAtlanticPatch.comDallas Morning NewsBusiness InsiderGallup

Watch video: http://www.newsy.com/videos/america-s-toughest-sheriff-endorses-rick-perry/

By Jessica Siebert

Anchor: Christina Hartman

Link courtesy of Newsy.com

Zuckerberg Tells Employees it's Time for an IPO

The clock is ticking for Facebook to go public. A source close to Facebook says according to the CEO, it’s coming soon.

Sources:Business InsiderTech CrunchBloombergCNETZDNetWall Street Cheat Sheet

Watch video: http://www.newsy.com/videos/zuckerberg-tells-employees-it-s-time-for-an-ipo/

By Christy Lewis

Anchor: Christy Lewis

Link courtesy of Newsy.com

Steve Jobs Reportedly Wanted Apple WiFi Network

The late Steve Jobs reportedly wanted to create a cell phone network utilizing WiFi to debut with the iPhone in 2007.

Sources:CTIAHuffington PostRedmond PieBusiness InsiderPC Magazine

Watch video: http://www.newsy.com/videos/steve-jobs-reportedly-wanted-apple-wifi-network/

By Matt Noonan

Anchor: Lauren Zima

Link courtesy of Newsy.com

Media Write Bachman Campaign Obit

Not even two full months have passed since her Ames Straw Poll win, and the headlines are already declaring the death of Michele Bachmann's campaign.

Sources:MPRPoliticoKMSPBusiness InsiderLA Times

Watch video: http://www.newsy.com/videos/media-write-bachman-campaign-obit/

By Christina Hartman

Anchor: Christina Hartman

Link courtesy of Newsy.com

Several Dead and Injured After NYC Shootings

A burst of gun violence in New York City left at least 10 people dead and 50 others wounded over the holiday weekend.

Sources:International Business TimesOpposing ViewsLos Angeles TimesExaminerBusiness Insider

Video: http://www.newsy.com/videos/several-dead-and-injured-after-nyc-shootings/

By Emoke Bebiak

Anchor: Ana Compain-Romero

Link provided by Newsy.com

Will the Federal Reserve Make a Move for QE3?

Many analysts believe - while the Fed didn't offer up QE3 in its statement Tuesday - there's a complicit wink and nod which says, it's on its way.

Sources:The StreetTwitterBenzinga.comCNBCBloombergBusiness Insider

Multisource political news, world news, and entertainment news analysis by Newsy.com

By Jim Flink

Anchor: Austin Kim

Video provided by Newsy.com

U.S. DOD Loses 24,000 Files to Hackers

The Pentagon believes another foreign intelligence agency could be behind the hack.

Sources:The BlazeCBSPoliticoBusiness InsiderDigital Journal

Multisource political news, world news, and entertainment news analysis by Newsy.com

By Anthony Martinez

Video provided by Newsy.com.