Discussing the future relationship between the U.S. and China, with CNBC's Michelle Caruso-Cabrera.» Read More
*Siemens paid $1.6 bln in 2008 to settle bribery case. NEW YORK, Dec 13- State-owned Mexican oil company Pemex sued Siemens AG and a South Korean company for $1.5 billion on Thursday over a bribery scheme that has dogged the German conglomerate for years.
*Spot gold inched down 0.1 percent to $1,694.35 an ounce by 0036 GMT, on course for a 0.5- percent weekly decline. President Barack Obama and House of Representatives Speaker John Boehner met for about an hour on Thursday as frustration mounted over the lack of progress in budget talks.
*Sees 2013 EPS $5.85- $6.15. NEW YORK, Dec 13- United Technologies Corp expects its profit to rise about 13 percent next year, with growing demand for its systems that are used in buildings helping to offset lower U.S. defense spending.
*VeriFone decision reduces competition for start-up Square. SAN FRANCISCO, Dec 13- VeriFone Systems Inc said on Thursday it will pull out of the hot business of signing up small merchants to accept credit card payments, reducing competition for start-up Square Inc and other companies that jumped into the space recently.
*Republicans refusing to budge on tax rates- White House. WASHINGTON, Dec 13- President Barack Obama and House of Representatives Speaker John Boehner held a "frank" face-to-face meeting on Thursday in an effort to break an impasse in talks to avert the "fiscal cliff" of steep tax increases and spending cuts.
*HSBC flash manufacturing activity due at 0145 GMT. MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.2 percent, having hit successive 16- month highs since Dec. 5 to Thursday.
*Taiwan has sought new F-16s, a sale opposed by China. WASHINGTON, Dec 13- The end of the line for the F-16 jet fighter is set to go on receding, the top executive of manufacturer Lockheed Martin Corp said on Thursday.
Dec 13- Best Buy Co Inc shares rose as much as 19 percent on Thursday after the Minneapolis Star Tribune reported that company founder Richard Schulze will make a fully financed offer to take the company private by Saturday this week.
*Republicans want EPA to answer questions by Dec. 21. *EPA: chiefs have used 2nd accounts for more than 10 yrs. Upton's committee has for two years been seeking information and documents related to EPA decisions on pollution rules, but his chamber has not been able to slow or halt the regulations.
CNBC's Eamon Javers reports from Washington where Speaker Boehner is meeting President Obama; and Keith Boykin, Former Clinton White House aide; Katie Pavlich, Townhall.com; and Russ Reynolds, Batteries Plus, discuss the state of the negotiations and what it means for the U.S. economy.
WASHINGTON, Dec 13- President Barack Obama and Republican Speaker of the U.S. House of Representatives John Boehner had a "frank" meeting about the "fiscal cliff" on Thursday, aides to both men said. The two men met for some 50 minutes in the White House Oval Office. Lines of communication remain open, both aides said.
NEW YORK, Dec 13- The U.S. government moved to support Argentina on Thursday in its bid to sway an appeals court to reconsider a ruling that would force the country to pay "holdout" creditors owning bonds in default since 2002..
*USDA's Vilsack urges nonstop work on five-year bill. WASHINGTON, Dec 13- On the same day a bipartisan bloc of senators called for speedy passage of the long-overdue U.S. farm bill, House and Senate negotiators blamed each other for a stalemate on how to cut crop subsidy spending by one-third.
*Republicans refusing to budge on tax rates- White House. WASHINGTON, Dec 13- President Barack Obama and House of Representatives Speaker John Boehner met for an hour on Thursday as frustration mounted over the lack of progress on averting the "fiscal cliff" of steep tax increases and spending cuts.
TOKYO, Dec 14- Japan's Nikkei share average is expected to trade in a narrow range on Friday as investors adjust their positions before Sunday's election amid chart signals that the market is' overbought' after jumping to an eight-month high.
Dec 13- New York City's teacher pension fund said on Thursday it will make $1 billion of new investments in infrastructure throughout the city and state as the region repairs the devastation wrought by Superstorm Sandy.
NEW YORK Dec 13- U.S.-based refiner Phillips 66 said Thursday it would support exports of crude oil from the United States, arguing the boost they would give the country's economy would trump the higher costs for the company and for American consumers.
WASHINGTON, Dec 13- A former Wells Fargo banker was arrested on Thursday on charges of fraud, conspiracy and money laundering resulting from an insider-trading scheme that netted its participants $11 million, the Justice Department said.
*Republicans want EPA to answer questions by Dec. 21. *EPA: chiefs have used 2nd accounts for more than 10 yrs. EPA administrators have been assigned two email accounts, for public and internal use, for more than a decade, the agency said in a statement last month.
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