BC-APFN-Business News Preview,ADVISORY

Editors:

Among the stories for Tuesday from The Associated Press:

TOP STORIES

EUROPE-ECONOMY

BRUSSELS â¿¿ Record unemployment and fraying social welfare systems in southern Europe risk creating a new divide in the continent, the European Union warns. Joblessness across the 17 EU countries that use the euro hit a new high of 11.8 percent in November. By Raf Casert and Don Melvin.

AP photos

With:

â¿¿ EUROPE-ECONOMY-GLANCE â¿¿ A glance at Europe's unemployment rates.

NKOREA-GOOGLE

PYONGYANG, North Korea â¿¿ Students at North Korea's premier university showed Google's executive chairman how they look for information online: they Google it. But surfing the Internet that way is the privilege of only a very few in North Korea, whose authoritarian government imposes strict limits on access to the World Wide Web. Google's Eric Schmidt got a first look at North Korea's limited Internet usage when an American delegation he and former New Mexico Gov. Bill Richardson are leading visited a computer lab at Kim Il Sung University in Pyongyang. By Jean H. Lee.

AP photos, video

MARKETS & ECONOMY

GLOBAL RISKS

FRANKFURT, Germany â¿¿ The widening income gap between the rich and poor and burgeoning government deficits are the risks most likely to have a global impact over the next decade, according to experts surveyed by the World Economic Forum, followed by climate change, water shortages and aging populations. By David McHugh.

â¿¿ SMALLBIZ-SMALL BUSINESS OPTIMISM â¿¿ Small business owners were slightly more optimistic at the end of 2012 even as they awaited the outcome of negotiations in Congress over the "fiscal cliff."

WALL STREET

NEW YORK â¿¿ U.S. stocks are falling as traders await the start of U.S. corporate earnings season. By Daniel Wagner.

AP photo

â¿¿ OIL PRICES â¿¿ Oil prices rise to near $94 per barrel.

INDUSTRY

MOLD-FREE BREAD

LUBBOCK, Texas â¿¿ Attention, bread shoppers: A Texas company could have the answer to some consumers' unwelcome discovery that just-purchased loaves contain mold. MicroZap claims its technology using microwaves allows bread to stay mold-free for 60 days. The process could eliminate bakers' need for preservatives and ingredients used to mask preservatives' flavor, the company says. Researchers at Texas Tech University also see using the technology in bread made in developing countries, where there are fewer food safety standards and spoilage is a problem. By Betsy Blaney.

AP photos, video

â¿¿ EARNS-MONSANTO â¿¿ Monsanto says its net income nearly tripled in the agricultural products company's first quarter as sales of its biotech corn seeds expanded in Latin American countries.

â¿¿ TARGET-ONLINE MATCH â¿¿ Target says its pledge to match prices of select online rivals this past holiday season is now a year-round promise.

â¿¿ JEEP-INVESTIGATION â¿¿ Government clears Jeep Grand Cherokee in probe of fluid leaks and engine fires.

â¿¿ INFANT SLEEPERS-WARNING â¿¿ The government is warning consumers to inspect Fisher-Price Newborn Rock 'N Play Sleepers due to risk of exposure to mold for infants who use them.

â¿¿ PREGNANCY-DRUG LAWSUIT â¿¿ Testimony is set to begin in a federal lawsuit filed by four sisters from Pennsylvania who say their breast cancer was caused by a drug their mother took during pregnancy in the 1950s. The Melnick sisters are suing Eli Lilly in the first of scores of such claims filed around the country to go to trial. Eds: Opening statements scheduled to begin about 9 a.m.

â¿¿ OBIT-TURNER â¿¿ Former McDonald's CEO, who helped create 'Hamburger University,' dies at 80.

TECHNOLOGY & MEDIA

â¿¿ SKOREA-EARNS-SAMSUNG ELECTRONICS â¿¿ Samsung, the world's largest technology company by revenue, expects record earnings for the fourth quarter as shoppers continue to snap up its smartphones and tablets.

INTERNATIONAL

â¿¿ GERMANY-GREECE â¿¿ Greece's prime minister, meeting German Chancellor Angela Merkel, stresses that his country is determined to win back credibility in Europe, and is delivering on the reforms and austerity needed to achieve that goal.

â¿¿ GERMANY-ECONOMY â¿¿ German industrial orders drop more than expected in November because of weaker foreign demand, while exports slide by 3.4 percent.

â¿¿ FRANCE-ECONOMY â¿¿ President Francois Hollande says his plans to put France's bloated government on a diet include cutting state aid to companies.

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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