Wall Street Lower on Greece, Threatening 5-Day Run
Stocks edged lower on Tuesday, with the S&P 500 pulling back from a five-day rally, as talks to resolve Greece's debt crisis hit a snag and a number of earnings from blue chips disappointed investors.
DuPont sales miss on weak solar, electronic demand
DuPont's quarterly revenue missed Wall Street expectations as its customers bought fewer solar-panel materials and digital television parts, offsetting strong demand for chemicals used in agriculture.
Entrepreneurs bring Internet coding skills to everyday users
Not too long ago, Web coding was the rarified realm of computer geeks, but a new crop of entrepreneurs is making this valuable computer skill available to just about anyone with an inclination to learn.
Verizon Forecast Disappoints, Shares Drop
Verizon Communications may miss analyst expectations for 2012 earnings after posting disappointing fourth quarter results as it was hurt by hefty subsidies for the Apple Inc iPhone.
Verizon forecast disappoints, shares down
Verizon Communications may miss analyst expectations for 2012 earnings after posting disappointing fourth quarter results as it was hurt by hefty subsidies for the Apple Inc iPhone.
Analysis: New EU data laws command the tide but not the cost
New data-protection proposals from the European Union to help people regain control of personal information from sites like Facebook could prove as effective as commanding the tide, while hurting small firms and Web giants alike.
Italy extends rating agencies probe to Fitch
Italian police seized documents at Fitch's Milan offices on Tuesday as the rating agency was drawn into an investigation of alleged market manipulation already involving its two bigger rivals Standard & Poor's and Moody's .
Europe Poses Global Recession Threat: IMF
Europe's debt crisis could tip the world economy into recession and a bigger firewall is urgently needed to keep the damage from spreading, the International Monetary Fund said on Tuesday.
EU exec to back veto on D.Boerse/NYSE merger: source
The European Commission will follow EU antitrust chief Joaquin Almunia's advice to block the merger of Deutsche Boerse and NYSE Euronext next week, a person familiar with the matter said on Tuesday.
Verizon forecast disappoints
Verizon Communications may miss analyst expectations for 2012 earnings after posting disappointing fourth quarter results as it was hurt by hefty subsidies for the Apple Inc iPhone.
Time Warner leads funding for second social TV company
Media conglomerate Time Warner Inc is leading a $12 million round of funding into a start-up company that analyzes tweets and Facebook posts as people watch their favorite TV programs.
Fed Increasing Transparency but Unlikely to Shift Monetary Policy
The Federal Reserve is expected to break new ground this week by providing a clearer window into official thinking on monetary policy and is expected to signal that interest rates will be held near zero into 2014.
Fed to shed light on policy
The Federal Reserve is expected to break new ground this week by providing a clearer window into official thinking on monetary policy and is expected to signal that interest rates will be held near zero into 2014.
Fred Thompson Endorsement: Gingrich Knows 'What America Is All About'
Fred Thompson, a 2008 presidential candidate, endorsed Newt Gingrich for the 2012 GOP nomination on Monday, two days after Gingrich's stunning upset over Mitt Romney in the South Carolina primary.
Insider is Surprise Pick as New BlackBerry CEO
Insider Thorsten Heins, the new chief executive at BlackBerry maker RIM, is a surprise choice for those looking for a transformational leader from outside to turn around the Canadian group's fortunes.
More A380 wing cracks found: sources
Engineers inspecting Airbus A380 aircraft for cracks on a part inside the wings have found similar flaws on at least one aircraft, industry sources said on Tuesday.
Wall Street dips on Greece
Stocks dipped on Tuesday as talks to resolve Greece's debt crisis hit a snag and some lackluster earnings put the S&P 500 index's five-day string of gains in jeopardy.
Netflix 4Q Earnings: Expect Smaller Profit as Company Struggles to Rebound from Earlier Woes
The company struggles to make a profit from subscribers moving online for content, and is still recovering from its ill-fated plan to split its online streaming and DVD-by-mail service.
Hit from dollar on McDonald's 2012 menu
McDonald's Corp's strong December sales and fourth-quarter earnings failed to allay fears that exchange rates and increased spending will weaken profits in 2012.
Russian handset sales back to pre-crisis level: MTS
Total sales of mobile handsets in Russia rose an estimated 16 percent last year and returned to volume levels not seen since an economic crisis struck in 2008, the country's top mobile phone operator MTS said on Tuesday.
Stocks dip on Greece, but show resilience
Stocks dipped on Tuesday as talks to resolve Greece's debt crisis faltered and after some lackluster earnings reports, threatening a five-day winning streak.
Fed Seen Indicating No Rate Hikes Until 2014
The Federal Reserve opened a two-day meeting on Tuesday that is expected to end with a signal that interest rates will be held near zero into 2014.
Engineers find more A380 wing cracks: sources
Engineers inspecting Airbus A380 aircraft for further wings cracks have found similar flaws on at least one aircraft, industry sources said on Tuesday.
IMF slashes world growth outlook as euro zone weighs
The euro zone debt crisis is escalating and dragging down the world economy, the International Monetary Fund said on Tuesday, as it sharply cut its outlook for global growth and called for policies to restore confidence.
Morgan Stanley names 210 new managing directors
Morgan Stanley announced the promotion of 210 employees to managing director on Tuesday, a smaller lot than the previous year as the Wall Street bank's overall workforce shrank.
IMF warns that Europe poses global recession threat
The euro zone debt crisis is escalating and could derail the global economic recovery, the International Monetary Fund warned on Tuesday as it called for urgent action to restore confidence.
Analysis: Unease as countries try to cut their way to health
What do Nobel Prize-winning development economist Amartya Sen and IMF chief Christine Lagarde have in common? They both oppose the prevailing orthodoxy that all heavily indebted governments must cut their way back to prosperity as soon as they can.
'Shcool' Crossing: New York City's Embarrassing Typo
Normally, signs warn drivers to slow down for SCHOOL X-ING. But on one street on the Lower East Side, they are warned about SHCOOL X-ING. The embarrassing typo has gone unfixed since last summer.
Can Europe stomach Greek default? Depends on flavor
The euro zone is inching closer to breaking its long-held taboo against a Greek default, but can still escape financial market mayhem and a body blow to the euro.
About one in five workers worldwide telecommute: poll
About one in five workers around the globe, particularly employees in the Middle East, Latin America and Asia, telecommute frequently and nearly 10 percent work from home every day, according to a new Ipsos/Reuters poll.
