COMPANIES

Citigroup plans to cut approximately 3,000 jobs, or around one percent of its workforce, continuing a pattern of job cuts on Wall Street.

Hackers attacking Canadian organizations are determined to make money in targeted campaigns while government insiders stole more data than ever before, a security study released on Tuesday showed.

Sales of existing homes in Canada rose in October to the highest level since January, boosting forecasts for national resale activity for 2011 and confirming Canada's housing market remains robust.

Canada's communications regulator handed a partial victory on Tuesday to big Internet service providers by allowing them to charge lease fees based on the amount of capacity small providers use.

BMO Capital Markets has raised its profit estimates for Dell Inc. (NASDAQ:DELL), a day after the PC maker reported better-than-expected third-quarter profits.

It was reported that the energy major was in talks to buy a stake in cash-strapped Kingfisher Airlines, but a spokesman for Reliance Industries denied the report.

Kotex Tampons Recalled from Major Stores Over Risk of ‘Life Threatening’ Bacterial Infection

A European Union plan to impose tougher rules on credit rating agencies is "dangerous" as it is bound to limit the "quality and independence" of the rating process, the president and chief operating officer of Moody's Investor Services told Le Figaro newspaper.

The top after-market NASDAQ stock market gainers are: Exelis, MannKind, Velti, Amarin and LM Ericsson. The top after-market NASDAQ stock market losers are: Hot Topic, Amtech Systems, Flow International, Idenix Pharma and Spectrum Pharma.

Citigroup In c is planning to cut as many as 900 jobs from its securities and banking division as it grapples with turmoil in equity and debt markets, the Wall Street Journal reported Tuesday.

U.S. retail chain, Macy's Inc. have announced plans for three new stores offering a range of merchandise categories.

Architects Robert A.M. Stern and Thom Mayne, along with real estate broker Mary Ann Tighe, closed out Tuesday's Zoning the City conference with a wide-ranging discussion that focused on New York, while acknowledging the changing skylines around the world.

Toys R Us plans to be the forerunner for Black Friday this year, as the toy retailer has announced it will open its doors at 9 p.m. on Thanksgiving evening ahead of all other competitors.

Sprint Nextel announced Tuesday that it would become the first U.S. mobile carrier to offer Wireless Emergency Alerts on its mobile network.

While Verizon is enjoying booming profits, some groups say that the company isn't paying its fair share of taxes.

Staples Inc. saw its third-quarter earnings jump 13 percent as the company implemented effective cost-consolidating methods, but overall sales growth did not meet expectations from sluggish spots in Europe and Australia.

Dick's Sporting Goods, Inc. beat expectations and announced Tuesday the gaudy fourth-quarter profits that more than doubled.

In March 2010, Elliott Vanskike and his wife bought a 2,000 square-foot home in Madison, Wisconsin for $375,000, pondering the quality of life for their kids as well as the quirks that come with thousands of college kids literally on your doorstep.

A fire broke out and was quickly extinguished Monday night in a crude distillation unit at Chevron Corp's 245,271 barrel-per-day (bpd) Richmond, California, refinery, according to notices the refinery filed with state and federal pollution regulators.

Chevron Brazil officials say they have successfully plugged the well responsible for causing oil to seep through the ocean floor.

South Africa's third-biggest listed clothes retailer, Mr Price, reported a 22 percent rise in first-half profit as above-inflation wage increases and decades-low interest rates lift consumer spending in Africa's biggest economy.

Saks Inc. announced Tuesday its third-quarter net income plummeted 51 percent from the same period a year ago, but revenue increased and the company's overall performance beat Wall Street expectations.

Mauritius Commercial Bank (MCB) said on Tuesday first- quarter pretax profit climbed 11.3 percent year-on-year to 1.28 billion rupees on the back of loan book growth and said it would pay an interim dividend of 2.60 rupees per share.

You might have been charged an additional $1.50 for buying smaller bags of coffee beans at Starbucks and left the store without even knowing it, until recently. Starbucks Corp. stopped adding the surcharge at over 11,000 stores nationwide this month after a Massachusetts consumer-protection agency fined the company over the practice.

U.S. District Judge Carl Barbier announced Monday Alabama and Louisiana may sue the oil company under general maritime law for punitive damage, negligence and product liability, but not for civil penalties under the Outer Continental Shelf Act as that is governed by federal law.

Home Depot Inc raised its fiscal-year outlook for the third time in six months as a host of efforts to improve distribution and boost customer service helped the No. 1 home improvement chain gain share from archrival Lowe's Cos Inc.

Canada-listed Sino-Forest Corp said an independent committee found no evidence of fraud at the Chinese timber firm following allegations from short-seller Muddy Waters it had exaggerated its assets, although the committee also said it had been unable to verify the company owned all of its forests.

Rodman & Renshaw has initiated coverage of Manitex International, Inc. (NASDAQ:MNTX) with a market outperform rating, saying that the company is the market leader for heavy lift boom trucks with shares exceeding 30 percent for equipment of capacity greater than 30 tons.

An Australian court has agreed to hear in March a case brought by Samsung Electronics to ban sales of Apple Inc's latest iPhone, with sales allowed to continue as normal ahead of the full hearing on alleged patent infringements.