Top Stories: Business and Finance

Jan. 7 (Bloomberg) -- The following are the day's top business stories:

1. Bernanke, Two Officials Voice Concern on `Persistently High' Jobless Rate 2. Treasuries, Dollar Advance as Stocks Retreat on Job Data; Financials Drop 3. Paulson Lending Group Said to Seize CNL Hotels From Morgan Stanley Funds 4. BOJ's Nishimura Says Bank Must Avoid Creating Image of `Debt Monetization' 5. Verizon Wireless May Debut IPhone Next Week to Match AT&T, Analysts Say 6. Brazil's $35 Billion Asset-Backed Funds Face Scrutiny After Panamericano 7. AMR Call-Options Trading Jumps to Record on Bets Shares to Gain 24% by May 8. Roche's Genentech Sued by Ill Texan Over Withdrawn Psoriasis Drug Raptiva 9. GE Sets Pace as U.S. Bond Sales Reach Record $48.5 Billion: Credit Markets 10.Bernanke's Five-Year Job Recovery May Be Too Optimistic: Chart of the Day 11.Ford Takes on Chevrolet Volt, Nissan Leaf With Its All-Electric Focus Car 12.Pentagon's Brinkley Plays Matchmaker in Afghanistan for IBM, Kate Spade