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*France, Germany to have parity in Airbus parent. BERLIN/ PARIS, Dec 4- Shareholders in EADS pored over a handful of clauses in the closing stages on Tuesday of talks to shake up the European aerospace group, people familiar with the discussions said.
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LOS ANGELES, Dec 4- Union and management negotiators have agreed to the intervention of a federal mediator in a bid to settle a week-old strike by clerical workers at the ports of Los Angeles and Long Beach that has idled most of America's biggest container port complex.
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WASHINGTON, Dec 4- The U.S. disaster fund likely will run out of money by early spring because of costs from Superstorm Sandy, the head of the Federal Emergency Management Agency said on Tuesday.
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*Good crop weather forecast in Brazil. CHICAGO, Dec 4- U.S. corn and soybean futures dropped on Tuesday, pressured by improving weather for the crop in Brazil and slumping demand for U.S. exports, traders said. " Brazilian weather is about as close to perfect as you are going to get, "said Sterling Smith, futures specialist for Citigroup in Chicago."
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Only some 4 million taxpayers pay the AMT because Congress routinely "patches" the AMT for inflation to spare middle-income taxpayers. Without a patch for 2012, up to 33 million taxpayers will have to pay an AMT liability, according to the Internal Revenue Service.
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*More competitors on horizon in Europe. Dec 4- Edwards Lifesciences Corp on Tuesday projected strong profit and sales growth in 2013, led by its Sapien artificial heart valve, which is implanted in a less-invasive procedure than traditional open-heart surgery.
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LOS ANGELES, Dec 4- Union and management negotiators have agreed to the intervention of a federal mediator in a bid to settle a week-old strike by clerical workers at the ports of Los Angeles and Long Beach that has idled most of America's biggest container port complex.
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NEW YORK, Dec 4- The euro rallied to a near seven-week high against the dollar on Tuesday after Greece announced better-than-expected terms for its debt buyback, fueling optimism Athens will continue to receive international aid to avoid a default.
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NEW YORK, Dec 4- U.S. stocks edged lower on Tuesday as investors fretted about Washington's ability to avoid a year-end budget crisis, but a Greek plan to buy back debt pushed the euro to a six-week high. The White House and Congress have yet to agree on a long-term deficit reduction plan.
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WASHINGTON, Dec 4- Nebraska's state government will soon announce a decision on the Keystone XL pipeline from Canada, a milestone in a long approval process, but it is unclear when the Obama administration will decide, a U.S. oil industry lobby group said Tuesday.
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Dec 4- Darden Restaurants Inc reported a steep fall-off in business at its Olive Garden, Red Lobster and LongHorn Steakhouse chains on Tuesday and lowered financial expectations for the year, sending shares down 10 percent.
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Dec 4- The chief executive officer of Exxon Mobil Corp, the world's largest publicly traded oil company, will take home a higher salary next year and his bonus increases 5 percent.
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NEW YORK/ LONDON, Dec 4- Cocoa futures tumbled about 3 percent as investors sold to collect profits on Tuesday, while concern about a large amount of cocoa failing grading at Liffe lifted the spot contract's premium to a five-month high.
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WASHINGTON, Dec 4- U.S. diplomats are in talks with Ankara over the flow of gold from Turkey in exchange for Iranian natural gas, the State Department said on Tuesday.
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One of the few commodities to rise was copper, which rallied to a six-week high on growing optimism that top buyer China was on the road to recovery. COPPER BUCKS TREND "We think copper is going to continue to rally in the next couple of months as from here on we should see some macro improvement," Credit Suisse metals analyst Ivan Szpakowski said. "
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LONDON, Dec 4- Derivatives regulators from major trading centres promised on Tuesday to minimise cross-border clashes over their new rules to rein in risks in the $640 trillion sector and give industry extra time to adjust.
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WASHINGTON, Dec 4- President Barack Obama said on Tuesday that while tax rates must go up for a "fiscal cliff" deal, it may be possible to lower rates at the top end of the scale late next year as part of tax reforms that would close loopholes and limit deductions.
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BRUSSELS, Dec 4- Germany and France clashed publicly on Tuesday over plans to put the European Central Bank in charge of supervising banks, deepening a dispute over the scope of ECB powers that threatens to derail one of Europe's boldest reforms.
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LONDON, Dec 4- A former TNK-BP employee may have confessed to fraud out of fear during a meeting in the office of German Khan, the head of the oil company and one of Russia's most prominent businessmen, according to a British High Court judge.
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BEIRUT- NATO told Syrian President Bashar al-Assad on Tuesday that any use of chemical weapons in his fight against encroaching rebel forces would be met by an immediate international response.