Business_Finance

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Traders Douglas Glander (left) and Peter Mancuso (right) work on the floor of the New York Stock Exchange on Thursday, Dec. 6, 2012. (AP Photo/Richard Drew)

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King Abdullah II of Jordan (center) and Palestinian President Mahmoud Abbas (left) walk past honor guards prior to their meeting in the West Bank city of Ramallah on Dec. 6, 2012. Jordan’s King Abdullah II has begun a brief visit to the West Bank in support of Palestinian President Mahmoud Abbas’ successful bid for U.N. recognition of a state of Palestine. (Associated Press)

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Citigroup said Wednesday that it will cut 11,000 jobs, a bold early move by new CEO Michael Corbat. The cuts amount to about 4 percent of Citi’s workforce of 262,000. The bulk of the cuts will come from the consumer banking unit. (Associated Press)

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Starbucks, the world’s largest coffee company, is planning to add at least 1,500 cafes in the U.S. over five years. (Associated Press)

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Serim Han holds a picture of her husband, Ki-Suck Han, during a news conference in New York on Wednesday. Witnesses told investigators they saw a man talking to himself Monday afternoon before he approached the 58-year-old Han at the Times Square station, got into an altercation with him and pushed him into the train’s path. (Associated Press)

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“I think Americans understand why clean energy is important and what the role of government is in helping make sure ... that the country gets the benefits of it.” - Arno Harris, chairman of the Solar Energy Industries Association and CEO of Recurrent Energy. (Rod Lamkey Jr./The Washington Times)

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President Obama speaks about the "fiscal cliff" before the Business Roundtable, an association of chief executive officers, in Washington on Wednesday, Dec. 5, 2012. (AP Photo/Charles Dharapak)

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Conservative lawmakers and interest groups have said House Speaker John A. Boehner's offer of $800 billion in tax increases abandoned core Republican principles and earned no credit from a White House that has insisted on even bigger tax hikes. (Associated Press)