Consumer confidence posts surprise decline
Consumer confidence unexpectedly fell in January as more Americans worried about the country's weak job market, according to a private sector report released on Tuesday.
Wall Street opens up on Europe optimism
Stocks opened higher on Tuesday on signs of progress in dealing with Europe's long-running sovereign debt crisis.
Euro zone jobless hits highest level since birth of euro
Euro zone unemployment has risen to its highest level since before the euro was introduced, data showed on Tuesday, a day after EU leaders promised to focus on creating millions of new jobs to try to kickstart Europe's floundering economy.
Trying to read between the lines of the Fed rate message
For a central bank that wants to make transparency its hallmark, the Federal Reserve's new forecast of nearly three more years of super-low rates has left room for a few doubts.
Eli Lilly profit drops sharply on Zyprexa generics
Eli Lilly & Co's quarterly profit dropped 27 percent after its top-selling Zyprexa schizophrenia treatment lost U.S. patent protection and saw competition from generic rivals.
Home prices drop more than expected in November: S&P
Single-family home prices fell more than expected in November, highlighting the struggle for a sector yet to make a meaningful recovery, a closely watched survey showed on Tuesday.
UPS profit tops Street view, sees 2012 growth
United Parcel Service posted a better-than-expected quarterly profit on Tuesday and forecast 9 percent to 15 percent growth this year as solid U.S. demand and growing e-commerce activity offsets an uneven global economy.
China rare earths safe from WTO ruling on export curbs
A World Trade Organisation ruling against China's restrictions on raw material exports could force changes to some of its rare earth policies but is unlikely to yield the boost in exports of the metals that consumers want to see.
Stock futures point to higher open on European progress
Stock index futures pointed to a higher open on Tuesday, with sentiment improving on signs of progress in dealing with Europe's long-running sovereign debt crisis.
UPS sees 2012 profit up 9 to 15 percent
United Parcel Service said on Tuesday it expects profit to rise 9 percent to 15 percent this year, as solid U.S. demand and growing e-commerce activity offsets an uneven global economy.
Apple names Dixons CEO to head retail unit
Apple Inc is hiring Dixons chief executive John Browett, who drove a recent turnaround at the UK electricals retailer, to lead the iPad maker's retail expansion.
CIT Group 4Q Profit Falls 59 Percent
CIT Group Inc., the business lender led by former Merrill Lynch Chief Executive John Thain, said its quarterly profit fell 59 percent on lower interest income.
CIT Group Q4 profit falls 59 percent
CIT Group Inc , the business lender led by former Merrill Lynch Chief Executive John Thain, said its quarterly profit fell 59 percent on lower interest income.
EU regulators probe Samsung over mobile patents
European Union regulators are investigating whether Samsung Electronics breached antitrust rules in its legal battles against rivals, among them Apple, which use its mobile technology patents.
Stock futures gain on signs of European progress
Stock index futures rose on Tuesday, with sentiment improving on signs of progress in dealing with Europe's long-running sovereign debt crisis.
Nokia Siemens to cut 4,100 jobs in Germany, Finland
Nokia Siemens Networks, the world's second-largest maker of mobile phone network equipment, is talking to labor unions in its home countries Germany and Finland about cutting more than 4,000 jobs, part of a company-wide shakeup.
Nokia Siemens Networks to cut 2,900 jobs in Germany
Nokia Siemens Networks, the world's second-largest maker of mobile phone network equipment, said it will cut about 2,900 of a total 9,100 jobs in Germany, with most to go by the end of this year.
Pfizer trims 2012 view, citing stronger dollar
Pfizer Inc reported sharply lower quarterly earnings, hurt by generic forms of its Lipitor cholesterol drug, and the company trimmed its 2012 forecasts because of negative effects of the stronger dollar.
BSkyB to launch online TV service to spur growth
BSkyB, Britain's dominant pay-TV group, is to launch an online offering to enable it to better take on the likes of Lovefilm and Netflix, following some signs of slowing growth at its main satellite business.
EU opens antitrust investigation into Samsung over patents
The European Commission opened an investigation into whether Samsung Electronics has distorted competition in the European mobile device market, breaking EU antitrust rules, the EU executive arm said in a statement on Tuesday.
UPS Reports Higher Adjusted Quarterly Profit
United Parcel Service reported higher quarterly profit after adjusting for a new pension accounting method, and forecast higher 2012 earnings.
Stock futures rise on signs of European progress
Stock index futures rose on Tuesday, with sentiment improving on signs of progress in dealing with Europe's long-running sovereign debt crisis.
Michelle Obama’s $50,000 ‘Undies Shopping’: White House in Denial
The First Lady reportedly visited a luxury lingerie boutique in New York and also made a handsome purchase.
Honda slashes profit outlook on disasters, sees rebound
Honda Motor Co slashed its annual profit guidance to the lowest level in three years as it counted the cost of natural disasters in Japan and Thailand and a strong yen. But it forecast a healthy rebound next year.
China dissident tried over Skype messages, poem
Chinese prosecutors cited a poem and messages sent on Skype against a dissident who stood trial on Tuesday, his son and his lawyer said, in the latest case highlighting the Communist Party's drive to silence political challengers.
Toshiba cuts outlook after Q3 profit tumbles
Toshiba Corp, Japan's biggest chip maker, booked a 72 percent fall in quarterly operating profit on Tuesday and slashed its annual profit forecast as a strong yen and the euro-zone debt crisis hit profits.
Logitech's new Lifesize CEO targets growth pickup
Logitech's video conferencing unit LifeSize expects new products and a bigger sales team to boost revenue growth starting this quarter, after it reported only a 6 percent rise for October-to-December.
Stock index futures point to higher start
Stock index futures pointed to a higher open on Wall Street on Tuesday, with futures for the S&P 500, the Dow Jones and Nasdaq 100 indexes up 0.5-0.6 percent.
German court upholds ban of Samsung's older tablet
Samsung Electronics lost a bid to overturn a ruling barring its local unit from selling its Galaxy 10.1 tablets in Germany, handing a symbolic legal victory to Apple Inc in efforts to keep its lead spot in the tablet computer market.
Corrected: Logitech warns again as weak market and euro hit Q3
Logitech, the world's largest computer mouse maker, cut its full-year outlook for the third time after third quarter sales and profit were hit by euro weakness and as computer systems become less dependent on peripheral components.