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Brian Deese led President Barack Obama's auto rescue and managed Obama's climate policy. But then Deese went to work for an investment giant so many progressives are opposed to his appointment.

This was a big year for corporate mergers, with $3 trillion worth of deals announced worldwide. Analysts say the strong acquisitive trend is expected to continue into next year.

In tech news, Microsoft took a $900 million charge on unsold Surface tablets.

Also: Russia is angry about EU's decision to lift embargo against supplying arms to Syrian opposition; campers and residents flee California wildfire; Rutgers stands behind new athletic director.

President Trump released his long-awaited plan to direct $1.5 trillion toward upgrading U.S. roads, bridges, airports and other public works projects.

Also: Santorum won all three contests Tuesday; Egyptian judge lays out case against foreign groups.

Also: Funeral today for slain Virginia Tech police officer; Russian billionaire says he'll challenge Putin; Occupy protesters aim to close West Coast ports.

Also: Seven Marines die when helicopters collide in Southwest; administration releases "online privacy act;" Google Glasses are coming.

Also: Clashes in the streets of Athens over latest Greek austerity measures; Rep. Bachus being investigated over alleged insider trading; trade deficit widens; Jerry Sandusky due in court.

Also: U.S. aims more sanctions at Russian officials; Army general gets no jail time in sexual misconduct case.