Business Digest

Jan. 9 (Bloomberg) — Mike Jackson, chief executive officer of AutoNation Inc., talks about the outlook for U.S. auto sales in 2012. Jackson speaks with Pimm Fox at the North American International Auto Show in Detroit on Bloomberg Television’s "Taking Stock." (Source: Bloomberg)

Jan. 10 (Bloomberg) — Chen Li, head of China equity strategy at UBS AG, talks about the nation’s stock and real estate markets. He spoke yesterday in Shanghai with Bloomberg Television’s Stephen Engle. (Source: Bloomberg)

Jan. 10 (Bloomberg) — Bloomberg’s Erik Schatzker reports on the possible bankruptcy filing for Hostess Brands Inc.

Hedge fund bets on U.S. equities are near their lowest level since 2009

The U.S. Treasury Department has highlighted projected gains while omitting estimated losses in press releases about federal bailouts, according to the U.S. Government Accountability Office.

The Fed bought $2.3 trillion in U.S. Treasury debt, mortgage-backed securities, and housing agency debt

Jan. 10 (Bloomberg) — Wall Street’s biggest firms, facing a slump in investment-banking revenue, are considering freezing compensation levels for some junior bankers, according to people familiar with the deliberations. Jeffrey McCracken reports on Bloomberg Television’s "InBusiness With Margaret Brennan." (Source: Bloomberg)

How to keep Sin City from being an unsavory, expensive networking opportunity (or make the most of it)

Younger bankers, about 75% of big firms’ workforce, often get a 20% raise on $200,000 starting pay

Carson Block, the short seller who last year alleged fraud at Sino-Forest Corp., said he’s considering investing in Chinese companies that trade on U.S. stock exchanges.