Reuters - Newspaper publisher McClatchy Co. said on Tuesday it agreed to sell its largest newspaper, the Star Tribune of Minneapolis, Minnesota, for $530 million to private-equity firm Avista Capital Partners.

Reuters - Two U.S. judges on Tuesday gave their blessings to an estimated $2.45 billion settlement between Nortel Networks Corp. and shareholders, moving the pact closer to final approval.

Reuters - Refco Inc. on Tuesday said it has emerged from Chapter 11 protection from creditors, ending one of the most complex U.S. bankruptcy cases and allowing the company to wind up its businesses.

Reuters - Automobile Magazine on Wednesday named the Volkswagen AG GTI as its 2007 car of the year, one of a series of year-end industry awards that automakers use to support their marketing efforts.

Reuters - U.S. stocks rallied on Tuesday, recovering from the previous session's fall, as more mergers-and-acquisition news and speculation that the Federal Reserve may cut interest rates next year helped stir some demand during what is historically a positive week for stocks.

Investor's Business Daily - U.S. holiday retail sales rose a tepid 3% over last year as rising energy prices, bad weather and the slowing economy forced shoppers to curtail spending, an industry survey said Tuesday.

Reuters - U.S. stocks rallied on Tuesday, recovering from the previous session's fall, as more mergers-and-acquisition news and speculation that the Federal Reserve may cut interest rates next year helped stir some demand during what is historically a positive week for stocks.

AP - Mutual funds that invest in other funds can bring diversity to a portfolio, but can also add layers of expenses. A new rule requiring so-called funds of funds to tabulate costs from underlying funds could result in surprises for some investors.

Reuters - Colder weather and huge demand for gift cards should give retailers one last chance this week to make up for slack December sales growth, but it may be too little, too late to rescue fourth-quarter earnings.