BCE sues would-be buyers over C$1.2 bln break fee

TORONTO, Dec 17 (Reuters) – Telecom giant BCE Inc
has sued its would-be buyers in a failed C$34.8
billion ($29.2 billion) takeover over the collapsed deal’s
C$1.2 billion ($1 billion) break-up fee.

UPDATE 1-Tennant sees Q4 loss; to cut 8 pct jobs

Dec 17 (Reuters) – Tennant Co , which makes floor
cleaning products, said it expects to post a loss in the fourth
quarter and that it was reducing its workforce by about 8
percent as it had been hurt by a slowdown in worldwide sales
prompted by the economic downturn.

Illinois governor fights impeachment move

CHICAGO (Reuters) – The Illinois Supreme Court on Wednesday denied a request that embattled Gov. Rod Blagojevich be temporarily removed from office amid charges he tried to sell President-elect Barack Obama’s former U.S. Senate seat.

CORRECTED: Obama picks LaHood for transportation: source

WASHINGTON (Reuters) – U.S. President-elect Barack Obama has selected U.S. Rep. Ray LaHood for transportation secretary, which would make him the second Republican in the Cabinet, a senior Democrat said on Wednesday.

White powder mailed to 16 U.S. embassies in Europe

WASHINGTON (Reuters) – Envelopes containing white powder that later tested negative for toxins were mailed to 16 U.S. embassies in Europe this month, the State Department and Federal Bureau of Investigation said on Wednesday.

Portable devices give "cloud" new clout

BOSTON (Reuters) – Chances are the mobile phone tucked in your pocket, the lightweight laptop in your backpack, or the navigation system in your car are under a cloud.

Russia to test Obama on missile shield: U.S. envoy

WASHINGTON (Reuters) – Russia has become more rigid in dealing with the United States on issues such as Washington’s plans for a missile shield in Europe and looks set to test the new administration of President-elect Barack Obama, a senior U.S. diplomat said on Wednesday.

Bush: Decision on autos "relatively soon"

WASHINGTON (Reuters) – U.S. President George W. Bush said on Wednesday a decision on bailing out the teetering U.S. auto industry needs to be made “relatively soon” and that he was looking at all options.