Here are today's top news headlines from Fool.com. Check back throughout the day as this list is updated, and follow us on Twitter at TMFBreaking.

Stock Market Today: J.C. Penney Grows, but at What Cost?

Keep an Eye on Ligand, Medivation, ChemoCentryx, and Teva Today

Jack Daniel's Sales Drive Brown-Forman Earnings

Medicines Company Buys Anti-Infection Drug Developer

Sales of New Homes Jump 25.4% in October

European Union Levies Fines Against Citigroup, JPMorgan Chase, and Others

Congress Asked to OK Sale of Chinooks to South Korea

Iran Eager to Ramp Up Oil Production, Regardless of Effect on Price

U.S. Trade Deficit Narrows Thanks to Rising Exports

Pentagon Awards $4.92 Billion in Defense Contracts Tuesday

7 Defense Contractors to Participate in $4 Billion Anti-WMD Contract

Philip Morris Buying 20% Stake in Russian Distributor Megapolis

TASER Books $1.6 Million-Plus In New Sales (at List Prices)

GM Shares Climb as Hedge Fund Expresses Optimism

November's 215,000-Job Increase Is a High for the Year

Investor Ardor for Biotech IPOs Cools

Fed: Economy Continues Modest to Moderate Expansion

"Newsweek" to Start Printing Again Next Year

US Airways Traffic Falls in November