Expanding broadband usage throughout the United States will require subsidies and investment in infrastructure upgrades of as much as $350 billion, a regulatory panel said on Tuesday.
A magnitude 7.9 earthquake shook the Pacific Ocean near American Samoa - an island in the South Pacific archipelago - today generating tsunami waves, U.S. government agencies said.
Retrofitting old office buildings can reduce their energy usage and make them more desirable for commercial customers. It also can cut down on greenhouse-gas emissions since commercial real estate is responsible for 20 percent of U.S. energy use, environmentalists say.
U.S. securities regulators are eyeing new restrictions on the multi-trillion dollar securities lending market used by short-sellers after the credit crisis revealed the industry was anything but low risk.
Oil prices fell slightly on Tuesday as U.S. consumer confidence data weighed on markets and the government revised downward U.S. demand for July.
A court in the Ecuadorean jungle region where giant U.S. oil producer Chevron Corp faces a $27 billion environmental damages suit has named a new judge to hear the case, after the previous one quit amid a bribery scandal.
U.S. airlines have slashed capacity, and recession-battered demand is showing signs of returning, but carriers like Southwest Airlines may scramble to fill planes this winter with big fare discounts, a fare expert said on Tuesday.
Jonathan Stempel
French food group Danone said on Tuesday that it was not holding talks with U.S. paediatrics formula maker Mead Johnson and was not seeking any advice on the issue.
Accretive Health Inc AH.N, a provider of technology and services aimed at helping hospitals manage their revenue cycles, plans to raise as much as $200 million in an initial public offering, according to a prospectus filed with U.S. regulators.
A survey of small and mid-sized companies in 12 major global markets showed growing confidence in the state of global trade, Europe's biggest bank, HSBC, said on Tuesday.
A top U.S. senator said on Tuesday that he is moving forward with his effort to consolidate bank supervision into a single federal regulator, despite criticism from current bank regulators who do not want to lose their authorities.
U.S. retail gasoline demand rose 0.9 percent last week compared with the previous week, according to a MasterCard SpendingPulse report released on Tuesday.
U.S. stocks slipped on Tuesday as a surprise drop in a gauge of consumer confidence offset signs of stabilization in housing and Walgreen Co's stronger-than-expected profit.
A tsunami warning was issued for New Zealand and other small Pacific islands after a major 7.9 magnitude quake struck in the ocean off American Samoa, U.S. government agencies said on Tuesday.
U.S. banking regulators proposed on Tuesday that banks prepay three years of fees to help cover the rising cost of bank failures, now put at $100 billion through 2013.
Goodyear Tire & Rubber Co expects to save $215 million under a four-year contract with the United Steelworkers union that the company said on Tuesday gives it flexibility to change schedules, work rules and adjust the size of the workforce.
U.S. mortgage rates held at their lowest level since late May in the latest week, low enough to continue to spur home loan demand and help the hard-hit U.S. housing market recover.
Northrop Grumman said the U.S. government had given rival Boeing a fundamentally unfair edge in their renewed battle for a potential $50 billion contract to build aerial tankers.
Coca-Cola Co and its largest independent bottler, Coca-Cola Enterprises Inc, are teaming up on an ad campaign against a possible U.S. tax on soft drinks, according to the Atlanta Journal Constitution.
RailAmerica Inc, which owns and operates short-line and regional freight railroads in North America, has set the terms for its planned initial public offering, which is scheduled for October.
Taser International said it received a contract from a U.S. federal law enforcement agency for its stun guns and related accessories, sending its shares up 7 percent. The contract with the U.S. Customs and Border Protection (CBP) for its X26 electronic control devices can potentially extend for a five-year period, the company said.
