NEW YORK

Caterpillar Inc far exceeded analyst expectations on Monday, reporting a 44 percent quarterly earnings increase due to record revenue, and the company signaled optimism in its 2012 outlook.

Stocks rose on Monday, adding to three weeks of gains for the S&P after strong earnings from Caterpillar and some proposed acquisitions boosted investor appetite for risky assets.

Just weeks before fallen hedge fund tycoon Raj Rajaratnam was sentenced to 11 years in prison for insider trading, U.S. prosecutors pressed him to turn on his friend, former Goldman Sachs director Rajat Gupta, The Daily Beast online newspaper reported.

FedEx Corp. expects a 12 percent jump in holiday shipments this year and will add about 20,000 workers to handle the record volume driven by online shopping.

The 42-year-old singer got emotional at a casino performance over the weekend.

One of John Lennon's teeth will be sold at an auction in Stockport, England on Nov. 5.

In its opening weekend, Paranormal Activity 3 shatters the fall box-office record, while other films under performed.

Tim Tebow delighted fans in a late-game comeback victory over the Miami Dolphins, Rex Ryan's strong words won out again over the Chargers, what's wrong with the Titans' Chris Johnson, and more in this week's Week 7 Roundup.

Caterpillar Inc far exceeded analyst expectations on Monday, reporting a 44 percent quarterly earnings increase due to record revenue, and the company signaled tempered optimism in its 2012 outlook.

Health insurer Cigna will buy HealthSpring for about $3.8 billion to jump-start its business selling Medicare plans for the elderly.

Shares of WebMD surged nearly 9 percent after activist investor Carl Icahn reported acquiring an 8 percent stake in the New York-based medical website.

Tensions grow in protests as allegations of financial mismanagement surface.

The Statue of Liberty will celebrate its 125th birthday with the installation of five new torch webcams.

E-commerce will drive record holiday shipments this year for FedEx Corp., the world's No. 2 package delivery company said on Monday.

Wall Street was set for a higher open on Monday as strong earnings from Caterpillar offset concerns European policymakers were struggling to narrow differences in tackling the region's debt crisis.

Hundreds of demonstrators protesting economic inequality continued to occupy Frank Ogawa Plaza, outside Oakland's City Hall early Saturday, ignoring a city order to vacate.

Hollywood star Ashton Kutcher has posted a video on social networking site Chime.in, in which he discusses the status of truth in the media and gestures to the camera, allowing, perhaps coincidentally, viewers a glimpse of his ringless left hand.

The U.S. Federal Bureau of Investigation is probing the massive advisory fee paid by Japan's Olympus Corp. in its takeover of a British company, a media report said, as the firm's shares continued to slide over the scandal.

For achievements in science, technology and innovation, 12 people were awarded the National Medal of Science and the National Medal of Technology and Innovation award.

President Barack Obama this week will announce a series of actions to help the economy that will not require congressional approval, including an initiative to make it easier for homeowners to refinance their mortgages, a White House official said.

Police made arrests of 130 demonstrators of Occupy Chicago movement for being presented in city's downtown park Park after hours, authorities reported Sunday.