Facebook takes steps toward going public, creating dual-class stock. [NY Times]
GM will decide if it will shutter Saab next week. [NY Times]
Sprint finalizes purchase of Virgin Mobile USA. [WaPo]
McDonald's to "green" its operations in Germany. [NPR, Warc]
Eager to raise capital, Heinz sells its UK private-label frozen dessert units. [Times of London]
Choosing to report from Washington D.C., Washington Post closes its bureaus in other US cities. [NY Times]
"Cheap and cheerful" dominates holiday advertising. [NY Times]
(More headlines: Lindsay Lohan, Audi boosts US ops.)
US Postal Service teams up with Goodmail to create a verifiable digital alternative to snail mail. [WSJ]
J. Crew and American Eagle gain amid holiday sales season. [WSJ]
Magazine publishers attempt to create an iTunes store for magazine content. [NY Times]
Thank your pasties! Lindsay Lohan will remain on as artistic director with the Ungaro fashion house. [WaPo]
VW's Audi heavily invests in US operations, seeking market share. [WSJ]
Green Mountain and Peet's both up their ante in bids for Diedrich Coffee. [WSJ]
Rising stars in mens tennis boosts sport, players bottom lines. [WSJ]