European Central Bank confirms French economist Benoit Coeure to the board; he says bank may have to step up bond purchases. Read more..

By JACK EWING - The New York Times

Markets fall on euro zone debt fears; Dow Jones industrial average falls 131.46 points, or 1.10 percent, to 11,823.48; Standard & Poor's 500-stock index falls 13.91 points, or 1.13 percent, to 1,211.82; Nasdaq composite index falls 39.96 points, or 1.55 percent, to 2,539.31. Read more..

By REUTERS - The New York Times

House and Senate are looking to cut off oxygen for foreign piracy sites that offer free copies of entertainment by taking aim at search engines like Google and Yahoo that allow the pirates to function; Silicon Valley firms, public-interest groups and others argue two bills are so broad and heavy-handed that they threaten to close sites and broadband service providers and stifle free speech, while setting a bad example of American censorship. Read more..

By EDWARD WYATT - The New York Times

Highlights from the DealBook newsletter. Read more..

By WILLIAM ALDEN - The New York Times

Olympus avoids delisting by the Tokyo Stock Exchange by posting the more than $1 billion in losses at the center of a decades-long cover-up; company's auditor is unwilling to give Olympus a clean bill of health, saying firm has been unable to verify all the money flows involved in cover-up. Read more..

By HIROKO TABUCHI - The New York Times

Organization of the Petroleum Exporting Countries agrees to increase its production target to 30 million barrels daily, from previous target of 24.5 million; move should have little lasting effect on oil prices. Read more..

By CLIFFORD KRAUSS - The New York Times

Nokia earlier this year teamed up with Microsoft to ship handsets with the new Windows Phone 7 software. Now Nokia has teamed up with T-Mobile. Nokia and T-Mobile executives discussed the new Lumia 710 smartphone. Read more..

By BRIAN X. CHEN - The New York Times

Stephen Schlossberg, a onetime garment workers’ organizer who rose to become general counsel of the United Automobile Workers and a top official in the Labor Department under President Ronald Reagan, dies at age 90. Read more..

By STEVEN GREENHOUSE - The New York Times

Sleek online services have emerged that let people create wish lists that can be e-mailed to family and friends, essentially ensuring that they get at least one gift they want; sites are ideal for making last-minute holiday list, but can be used year-round as registries for gift-giving occasions; sampling of sites noted. Read more..

By JENNA WORTHAM - The New York Times

The tech reporters and editors of The New York Times are always searching for interesting items on the Web. Here’s what they found. Read more..

By THE NEW YORK TIMES - The New York Times