Stocks soar after central banks act

The Dow gained 490 points - its seventh-highest point gain ever in a single day - after a move by the world’s central banks to cut short-term borrowing rates.

Bobby Valentine will be the Red Sox manager in 2012.

Report: Red Sox, Bobby Valentine agree to deal

The team agreed to a deal with its next manager today, the AP reported. He is expected to be introduced at Fenway Park tomorrow.

Boston archdiocese to reorganize management of parishes

The Archdiocese of Boston plans to create teams to oversee the operation of multiple parishes under a single pastor, in hopes of saving money.

tv land

TELEVISION REVIEWS

‘Teenage Daughter’ and ‘The Exes’ try too hard for laughs

Fox’s “I Hate My Teenage Daughter’’ and TV Land’s “The Exes’’ Nerf-bat you over the head with expected jokes and predictable situations. Neither is likely to find its way onto your DVR season pass.

MATTHEW GILBERT

Critic’s corner

What to watch tonight, including “Trek Nation,” “Grammy Nominations Live,’’ and “American Horror Story.’’

Scot Lehigh

For Romney, distortion becomes a strategic coup

A recent ad that misquotes President Obama, and other distortions, are par for the course for Mitt Romney.

Metro

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Tents dotted the Occupy Boston camp as residents went about their daily activities on November 23, 2011.

City, Occupy Boston lawyers file dueling legal briefs

The Menino administration argued that it should have the right to move against the Dewey Square camp, while protesters contend the encampment is protected under the law.

Business

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Facebook settles FTC privacy complaints

Facebook has agreed to settle complaints by the Federal Trade Commission that it failed to protect users’ privacy and disclose how their data could be used.

Food and dining

Dining Out

Licorice honey glazed chicken at Artisan Bistro.

The bar is set high for Artisan Bistro

In the Ritz-Carlton, Artisan Bistro doesn’t live up to Boston’s raised expectations for hotel restaurants.