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.

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Listen: Jindal Says 2016 Decision Could Come Mid-June

Louisiana Gov. Bobby Jindal (R)

Jindal is waiting until Louisiana wraps up its current legislative session.

Report: DoJ Leaning Toward Opposing Comcast-Time Warner Cable Merger

Photo/TRNS

According to the report, lawyers have raised concerns that the proposed merger by Comcast would harm consumers.

Obama And Italian Leader Pledge Cooperation Over Extremism

Obama and the Prime Minister agreed that Italy is at a particular risk because of its geographic proximity to North Africa where violent extremism has grown in the last several years

Obama Defends New Trade Deal Policy

The new trade deal leaves some Democrats fearful of job outsourcing and lax labor and environmental regulations

Federal Court To Hear Arguments Over Obama’s Immigration Orders

The Obama administration is requesting an emergency stay on a ruling from a Texas judge who halted the president’s executive orders

Restoration

Thom Hartmann

Some activists are looking for natural solutions to climate change.