As expected, Russian President Vladimir Putin today signed a law "that bans Americans from adopting Russian children and imposes other measures in retaliation for new U.S. legislation meant to punish Russian human rights abusers," Reuters reports.
The tortuous negotiations involved in the "fiscal cliff" talks are like a chess game. The opponents follow rules and techniques. Negotiating is part science, part art, and everyone does it in their daily lives.
So far there are no signs of a breakthrough in talks between Democrats and Republicans in Washington to stave off the tax hikes and spending cuts set to take effect on New Year's Day. President Obama has summoned top congressional leaders for talks at the White House on Friday.
Events in the new year could include the biggest airline merger ever. For months, a deal between American Airlines and U.S. Airways has been talked about. The new year is also likely to bring slightly higher domestic ticket prices and some new planes.
And our last word in business has the Second City coming in first, but I have a feeling this will not be a source of pride. In 2013, Chicago will have the most expensive parking meters in North America.
GREENE: Apple hit a big milestone this year when it became the most highly valued public company in history. So it may be a surprise to hear that Apple's CEO, Tim Cook, saw a big dip in salary - like, a 99 percent dip.
Also last month, the head of the Environmental Protection Agency joked to an environmental law conference: Everyone who wants my job, stand up. Yesterday, Lisa Jackson turned serious and made it official: She's leaving the EPA next month.
As NPR's Selena Simmons-Duffin reports, there are mixed feelings about Jackson's departure.