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*David Zhou helped reverse merger companies- SEC. *Zhou then defrauded investors- SEC. *Case is latest effort by SEC in China crackdown.
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*Indexes up: Dow 0.6 pct, S&P 500 0.7 pct, Nasdaq 1.2 pct. NEW YORK, Dec 11- U.S. stocks rose on Tuesday, led by gains in technology companies, helping the S&P 500 end at its highest level since Election Day. U.S. Senate Majority Leader Harry Reid said it will be difficult to reach agreement resolving the cliff tax hikes and spending cuts before Christmas.
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NEW YORK, Dec 11- U.S. Treasuries fell on Tuesday as investors saw signs of hope in budget talks in Washington and in the German economy, ahead of expected easing announcement from the Federal Reserve on Wednesday at the conclusion of its two-day meeting.
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NEW YORK, Dec 11- A coalition of seven eastern states led by New York plans to sue the U.S. Environmental Protection Agency for failing to issue new guidelines to curb methane emissions, a greenhouse gas that may be linked to climate change. A spokesperson for the EPA did not immediately respond to a request for comment.
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*T-Mobile USA risks losing more subscribers- analysts. *Verizon, AT&T, Sprint unlikely to follow T-Mobile lead. At least for the short term, larger competitors Verizon Wireless Inc, AT&T Inc and Sprint Nextel Corp are unlikely to follow T-Mobile USA's lead, and they may benefit by poaching T-Mobile USA customers who still want subsidies, analysts said.
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NEW YORK, Dec 11- U.S. stocks rose on Tuesday, led by gains in technology companies, helping the S&P 500 end at its best level since Election Day. The Dow Jones industrial average was up 79.02 points, or 0.60 percent, at 13,248.90. The Nasdaq Composite Index was up 35.34 points, or 1.18 percent, at 3,022.30.
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NEW YORK, Dec 11- Teva Pharmaceutical Industries' new Chief Executive Jeremy Levin promised on Tuesday to reshape the company into "the most indispensable medicines company in the world" and to provide significant value to its shareholders along the way.
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NEW YORK, Dec 11- Gold prices eased on Tuesday, weighed down by hopes that the U.S. budget crisis can be averted and ahead of a key Federal Reserve policy statement regarding its monetary outlook.
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*Oil prices tick up on Egypt, Syria tensions. NEW YORK, Dec 11- Global shares rose to an almost two-month high and the euro gained versus the dollar on Tuesday after German investor sentiment improved sharply in December and as the pace of talks in Washington to avoid the "fiscal cliff" quickened.
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NEW YORK, Dec 11- U.S. crude futures edged higher in choppy trading on Tuesday, snapping a string of five straight lower settlements, as news of OPEC production declines in November and a weaker dollar lent support to oil prices.
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*Other states watching Michigan closely. LANSING, Mich., Dec 11- Michigan legislators on Tuesday approved laws that ban mandatory membership in public and private sector unions, dealing a stunning blow to organized labor in the home of the U.S. auto industry.
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Here are some key facts about Michigan and right-to-work:. **Michigan would be 24th of the 50 U.S. states to pass laws making it right-to-work, and the second in the industrial heartland of the country after Indiana passed such legislation earlier in 2012. Most other right-to-work states are in the South and Plains regions.
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NEW YORK, Dec 11- The euro rose against the dollar for a second straight day on Tuesday, as surprisingly strong German economic sentiment and optimism the United State will avoid a fiscal crisis spurred broad-based risk-taking.
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NEW YORK, Dec 11- U.S. Treasuries fell on Tuesday as investors saw signs of hope in budget talks in Washington and in the German economy, ahead of expected easing from the Federal Reserve after a two-day meeting ends on Wednesday.
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NEW YORK, Dec 11- Teva Pharmaceutical Industries' new Chief Executive Jeremy Levin promised on Tuesday to reshape the company into "the most indispensable medicines company in the world" and to provide significant value to its shareholders along the way.
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Dec 11- Farming equipment maker AGCO Corp expects its 2013 profit to be in a range mostly above Wall Street's forecast, citing growing sales of tractors to harvest sugarcane in South America. AGCO expects sales in South America to increase 5 percent to 10 percent next year, helped mostly by sales of tractors and combines to sugarcane harvesters.
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*Ahead of meeting, OPEC says output declined in November. NEW YORK, Dec 11- Brent crude futures edged up on Tuesday in choppy trading as OPEC production declines and a weaker dollar lent support to oil ahead of OPEC's policy meeting this week and the latest snapshots on oil inventories in the United States.
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*Apple up 3.1 pct, leads tech after recent weakness. NEW YORK, Dec 11- Rising shares in technology companies helped push major stock indexes up around 1 percent on Tuesday, as the S&P 500 reached its best levels since mid-October, recouping its post-election selloff.
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WASHINGTON, Dec 11- U.S. House of Representatives Speaker John Boehner offered no concrete signs of progress on Tuesday on "fiscal cliff" talks but said he remained hopeful that both sides would reach an agreement by the end-of-year deadline.
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NEW YORK, Dec 11- U.S. Treasuries fell on Tuesday as investors pushed for price concessions going into $66 billion of government debt auctions this week and as strength on Wall Street undermined the safe-haven allure of Treasuries.