UNITED STATES

The Bank of Canada kept its overnight interest rate at 1 percent on Tuesday, as expected, and gave no suggestion of an impending rate cut even though its view of the European debt crisis has clearly darkened.

Schroders holds the lowest position possible in equities and has extremely high levels of gold and cash, reflecting its concern about recession in the developed world and a failure to resolve the euro zone debt crisis, its chief investment officer said on Tuesday.

Nasrallah was surrounded by bodyguards and that the crowd chanted “Death to Israel” during his speech.

Susan Lyne, chairman of Gilt Groupe, Inc. and former president of ABC Entertainment, talked about learning from failure and adjusting to digital realities during TheWrap's third-annual Power Women breakfast Monday morning at the Hotel Bel-Air.

It's not a matter of if, but when the last big project from Steve Jobs will reach the hand of consumers. The debate varies from spring to summer or even fall, but most every qualified observer agrees -- the iPhone release date is coming in 2012. Among the best bets is an early summer unveiling with release soon to follow, keeping in Apple's release tradition that was broken with the iPhone 4S because the product simply wasn't ready yet.

U.S. stocks were little changed in choppy trading on Tuesday, with cautious investors hoping S&P's downgrade warning for euro zone nations would lead to tighter budget rules at a summit this week.

Former Vice President Dan Quayle has endorsed Mitt Romney for the Republican presidential nomination, calling him the only candidate who meets all the criteria for the job: leadership, character, conservative philosophy and electability.

Charter Communications CEO Michael Lovett said the St. Louis-based cable company may be interested in forging an agreement with Verizon Wireless, according to Bloomberg. No other details were released regarding the plan.

Verizon Wireless, the No. 1 U.S. carrier, won’t permit Google Wallet when it starts selling Samsung Electronics’ Galaxy Nexus phone soon, reports said.

Irina Kristy, 74, who taught mathematics at two prestigious Boston colleges over the past two decades, now stands accused of dealing meth with her 29-year-old son, Grigory Genkin. The college professor, whom students describe as absent-minded and sweet, is charged with using the dangerous shake and bake method to deal meth near schools.

Luxury homebuilder Toll Brothers Inc reported higher-than-expected quarterly profit from greater margins, but its chief financial officer said real improvement will not occur until U.S. home buying rebounds.

Stocks were little changed in choppy trading on Tuesday, with cautious investors hoping S&P's downgrade warning for the euro zone would help force budget changes at a European Union summit this week.

On Monday, S&P placed the euro zone nations on “Credit watch,” which means a 50 percent likelihood of a downgrade over the next ninety days.

Yet another release date has hit the Verizon Samsung Nexus Galaxy rumor mill, this time shooting for Friday Dec.9, but the stakes seem high as the source appears to be an authorized Verizon retailer.

The two biggest computer giants continued their buying spree as Hewlett-Packard snapped up HiFlex while IBM said it will acquire Curam Software.

At both the individual and collective level, Americans have created and embraced a culture of debt. Spurred by our gluttony, we have developed an untenable habit of spending beyond our means, and it must be stopped or else generations to come will be saddled with debt, left unable to harness the American dream and prosper because it simply will no longer exist.

A court error on Friday offered a brief glimpse at information that Apple Inc and Samsung Electronics have tried to shield from the public during their high-stakes patent litigation.

The European Commission is investigating whether e-book publishers owned by Lagardere, Pearson Plc, News Corp. and two other firms may have colluded with Apple to block rivals via their pricing deals.

Retailers are generally optimistic about their holiday performance so far, although shaky economic conditions could change things quickly, the chief executive officer of American Express Co said on Tuesday.

Women are attending and obtaining degrees from U.S. colleges and universities at a pace exceeding that of men. On some co-ed campuses, the girls outnumber the boys by a ratio of almost three-to-one.

Stocks were set to edge higher at the open on Tuesday as investors hoped S&P's downgrade warning for the Eurozone would help force budget changes at a European Union summit this week.