Today’s Business Roundup

Markets

US stocks finish near session lows a day before Thanksgiving. The Dow is down -235.26 points. The S&P and Nasdaq also finished in the red as the debt crises in Europe and the US linger. Traders fear a possible global recession because of the shaky financial troubles here and abroad. The markets and banks will be closed for Thanksgiving but will reopen on Friday.

Biggest Travel Day Of The Year

Today is simply the busiest travel day of the year and airlines are not profiting as much as people think. Not only are jet fuel costs growing but airlines have to brace for the unwanted costs for delays because of bad weather all over the US.

Super Committee Failure Spillover

Congress is just weeks away from voting on expiring payroll tax breaks and extending unemployment benefits. President Obama told an audience at a New Hampshire high school on Tuesday that their taxes would go up an average of $1,000 to $1,500 unless the payroll tax cuts are extended and expanded as part of his jobs bill.

About Jay Goodman Tamboli

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Jim Webb: “I Am Seriously Looking At The Possibility Of Running For President”

Former Virginia Sen. Jim Webb (Photo by James Cullum)

The former Virginia Senator spoke at the National Press Club on Tuesday.

Interview: Sharing The Sun With WakaWaka And The Clinton Global Initiative

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TRNS Chief Ellen Ratner interviewed WakaWaka’s CEO Maurits Groen, who attended the Clinton Global Initiative’s 10th Annual Meeting in New York.

Royce: Syria Airstrikes Are “Long Overdue”

Ed Royce

“While this initial attack will be a big psychological blow to the terrorist group, an air campaign will need to be major and sustained,” Royce said.

Kaine Continues Push For Congress To Authorize ISIS Strikes

Kaine called the White House’s excuse for bypassing lawmakers “extremely creative.”

Protests Continue At White House After Security Breach

Secret Service initially kept all pedestrians and protesters from entering Pennsylvania Avenue.

White House: Khorasan Group “An Extension” Of Al Qaeda Threat

“This, frankly, is a part of the ongoing effort against al Qaeda,” Rhodes said.