The Lancet medical journal formally retracted a paper on Tuesday that caused a 12-year international battle over links between the three-in-one childhood MMR vaccine and autism.
Former stock trader Zvi Goffer, dubbed Octopussy in the sprawling Galleon hedge fund insider trading case, pleaded not guilty on Tuesday along with six others to securities fraud charges.
Chocolate maker Hershey Co defended its decision to back away from a Cadbury bid and a bigger stake in the global confectionery market, saying it remained confident about its growth prospects and was raising its dividend.
Toyota Motor's unprecedented recall of millions of vehicles with accelerator problems is taking a toll on sales and may force the world's largest automaker to cut 2010 sales forecasts.
Spyker Cars has set Saab an ambitious 2012 profit target as it stressed development funding was secured despite needing more cash to fund its acquisition of the ailing Swedish auto brand.
Oil rose above $75, gaining for the second day on Tuesday, on prospects that demand will increase due to strong economic data from China and the United States, the world's top two energy consumers.
Treasury Secretary Timothy Geithner appealed to Republicans on Tuesday to join a bipartisan bid to wrestle down soaring deficits that he blamed largely on the former Bush administration.
Dow Chemical Co posted a higher-than-expected fourth-quarter profit on Tuesday as volumes doubled in emerging markets and earnings from joint ventures mushroomed.
Continental Airlines and five men went on trial on Tuesday for their alleged role in the crash of an Air France Concorde that killed 113 people in 2000 and brought an end to an era of luxury supersonic travel.
Gloomy budget forecasts will shadow President Barack Obama as he takes his economic message on the road on Tuesday, seeking to reassure Americans he has a plan to tackle high unemployment and surging debt levels.
U.S. aerospace giant Boeing Co said on Tuesday it expects new orders for commercial aircraft this year to fall short of deliveries and no increase in demand until 2012.
(In Feb 1 story, corrects $159 million to billion in first paragraph, and corrects name of defense secretary in paragraph 6)
(In Feb 1 story, corrects $159 million to billion in first paragraph, and corrects name of defense secretary in paragraph 6)
President Barack Obama will propose on Tuesday using $30 billion from the TARP bank bailout program for a small business lending fund to try to spur job growth in a critical sector of the U.S. economy.
Hershey Co posted a better-than-expected quarterly profit and is on target to meet its 2010 earnings forecast as it has been gaining market share in its main brands.
British oil major BP Plc reported a lower than forecast 33 percent rise in fourth-quarter replacement cost profit as refining margins were squeezed and warned that an operational turnaround could slow this year.
China said it would go ahead with threatened sanctions against U.S. companies selling arms to Taiwan unless they halted sales.
World stocks bounced back on Tuesday after hitting three-month lows a day earlier, but gains were limited ahead of key economic data and rate decisions from the European Central Bank and the Bank of England this week.
Stock index futures pointed to a lower opening on Wall Street on Tuesday, with futures for the S&P 500 down 0.27 percent, Dow Jones futures down 0.23 percent and Nasdaq 100 futures down 0.23 percent.
China said a possible meeting between U.S. President Barack Obama and the Dalai Lama would further hurt Sino-U.S. relations, and vowed to go ahead with sanctions against U.S. companies selling arms to Taiwan.
Resource stocks lifted Asian shares off three-month lows on Tuesday after strong U.S. manufacturing data raised hopes the global economic recovery was on a firmer footing.
