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BC-Business News Digest

Business News at 5:30 p.m.

The supervisor is Richard Jacobsen (800-845-8450, ext. 1680). For photos, ext. 1900. For graphics and interactives, ext. 7636. Expanded AP content can be obtained from http://www.apexchange.com. For access to AP Exchange and other technical issues, contact customersupport(at)ap.org or call 877-836-9477.

If you have questions about transmission of financial market listings, please call 800-3AP-STOX.

A selection of top photos can be found at: http://bit.ly/APTopPhotos .

NEW THIS DIGEST:

Adds: GREECE-FINANCIAL CRISIS

Updates: EARNS-ORACLE; WALL STREET

TOP STORIES

SCHOOL SHOOTING-GUN COMPANIES

NEW YORK â¿¿ Investors are shunning some of the nation's largest gun makers in the aftermath of the Connecticut school shooting, including a large private equity firm that plans to sell the manufacturer of the Bushmaster rifle used in the attack. The firm Cerberus called the bloodbath a "watershed event" in the debate on gun control. Shares of Smith & Wesson and Sturm, Ruger & Co. fell sharply. In stores, at least one major gun seller, Dick's Sporting Goods, suspended sales of modern sporting rifles. By Joshua Freed. Incorporates BC-US--Cerberus-Freedom Group.

AP Photo.

Also:

â¿¿GUN RIGHTS-ADVOCATES â¿¿Holiday shoppers wandering through rows of assault rifles and pistols at the Kittery Trading Post in Maine are concerned about losing gun rights, but also seem more open to limits on semi-automatic weapons. In a region where gun ownership has long been celebrated, a subtle shift may be under way after the school shootings. By Steve Peoples.

FISCAL CLIFF

WASHINGTON â¿¿ With negotiations at a fever pitch, President Barack Obama and House Speaker John Boehner push ahead on a possible broad deal to avert the fiscal cliff, even as the GOP leader readies a temporary 'Plan B' tax plan to pressure the White House. There's little time left to avoid a double hit on the economy. By Andrew Taylor.

AP photo, video

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