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Lufthansa Cabin Crew Strike

Lufthansa Strike To Continue, Escalate Friday

The Lufthansa strike was far from over when cabin crew returned to work Tuesday. Far from it, the UFO union said late Tuesday it would up the stakes by initiating a 24-hour strike throughout Germany this Friday.
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Adam Sandler

Hollywood’s Incredible Shrinking Audiences

This past weekend, Hollywood studios received bad news. The number of tickets sold during Hollywood's all-important summer season -- the first week in May through Labor Day weekend -- shrank to 532 million in 2012. That's off 4 percent from last year and on track to be the lowest summer attendance in almost 20 years, according to preliminary estimates from Hollywood.com.
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China Warns US Not To Take Sides In Sea Disputes

China warned the United States not to get involved in South China Sea territorial disputes on Tuesday as U.S. Secretary of State Hillary Clinton arrived in Beijing pledging to pass on a strong message on the need to calm regional tension.
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China Will Become No. 1 Smartphone Market In 2012: IDC

The world’s most populous country will become its biggest smartphone market by year-end, market researcher IDC estimates. It may account for 26.5 percent of all shipments compared with only 17.8 percent for the U.S.

Organic Food No More Nutritious Than Non-organic: Study

Researchers found there was no difference in the amount of vitamins in plant or animal products produced organically and conventionally - and the only nutrient difference was slightly more phosphorous in the organic products.
U.S. President Barack Obama tours Hurricane Isaac damage and recovery while in Louisiana

Democrats Open National Convention, Push For Obama's Re-election

The Democrats have gathered in thousands at the downtown football stadium at Charlotte, N.C., for the three-day Democratic National Convention starting Tuesday. The Party unveiled its formal 2012 election policy, ahead of the convention Monday night, advocating the strengths of their presidential candidate incumbent Barack Obama over Republican rival Mitt Romney.
Traders work on the floor of the New York Stock Exchange

Stimulus Expectations Buoy US Stock Futures

The U.S. stock index futures point to a higher open Tuesday as market sentiment was underpinned by expectations that policymakers around the world will announce stimulus measures to rejuvenate the economic growth momentum.
Gold rises on expectations of more U.S. stimulus

Gold Hits 5-1/2 Month High on Stimulus Hopes

Gold edged higher on Tuesday to the highest level in more than five months as lacklustre manufacturing data from around the globe fanned speculation of imminent easing measures from central banks.

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