Some of Thursday’s top business news stories:
Associated Press
U.S. stocks headed for big gains in 2016 despite early stumble, by Alex Veiga
South Korea cuts 2017 growth forecast to 2.7 percent, by Youkyung Lee
Bloomberg
The world’s richest made $237 billion this year, by Tom Metcalf and Jack Witzig
Takata gains on report up to $1 billion U.S. settlement near, by Jie Ma and Min Jeong Lee
Fortune
Bitcoin ends 2016 as the top currency as it nears $1,000, by Jeff John Roberts
More than half of low-wage workers in the U.S. are women, by Kerry Close
Reuters
Pending home sales drop to 10-month low in November, by Jason Lange
FTC requires divestitures in $13.53 billion Boehringer-Sanofi deal, by Doina Chiacu
The date in business journalism
2011: WSJ.com’s biggest day in 2011 was Jobs’ death
2006: Steiger addresses Chinese wall with advertisers after story