Defense contractors vie for FAA data contract
Defense contractors ITT Exelis Inc , Harris Corp and Lockheed Martin Corp are vying for a contract expected to be awarded in June to build a data communications system for the Federal Aviation Administration's NextGen program.
Pharma pays up for scarce assets
When it comes to healthcare deals, the new motto may be too expensive to fail.
Suit claims Symantec scares consumers on PC health
A lawsuit filed against Symantec Corp claims that the software maker seeks to persuade consumers to buy its products by scaring them with misleading information about the health of their computers.
Renault-Nissan deliveries up 10 percent in 2011
The Renault-Nissan alliance's global vehicle sales rose 10 percent last year as Nissan benefited from a U.S. auto market rebound and buoyant Chinese demand.
Starbucks lighter Blonde roasts debut in U.S.
Starbucks Corp is expanding beyond its dark coffee roots by offering lighter Blonde roasts in cafes and supermarkets as of Tuesday.
New Hampshire Primary Results: Live from Ron Paul 2012 Headquarters
The International Business Times is live-blogging as Ron Paul staffers and supporters track the New Hampshire primary results from a banquet hall in Manchester.
Kodak sues Apple, HTC over digital image patents
The struggling Eastman Kodak Co on Tuesday sued Apple Inc, whose market value is more than 2,400 times greater, accusing it of infringing four patents related to digital camera images.
Lenovo moving to launch smartphones in U.S.
Lenovo Group Ltd, which is making a concerted global push into tablets and ultrabooks, now expects to launch a smartphone in a lucrative U.S. market dominated by Apple Inc and Google Inc gadgets.
Samsung confident of outselling Nokia in 2012
Samsung Electronics Co <005930.KS> is confident it will become the world's largest cellphone maker in 2012, ending Nokia's 14-year reign on the mobile handset market, its chief executive said.
MetLife says exits forward mortgage business
MetLife will shut down its mortgage operations, the largest U.S. life insurer said on Tuesday, giving up on the unit three months after it said it would seek a buyer.
Toyota wants North America to become big export base
Toyota Motor Corp's North American operations are looking to become a big exporter as the automaker gets hit by a strong yen that has eroded profits on vehicles shipped from Japan, a top executive said on Tuesday.
Struggling Kodak Film Group Split up; Shares Soar
Eastman Kodak Co announced a new business structure on Tuesday that divides its film group into its two other business units as the once-iconic photography company tries to refocus as a digital company to help fend off financial difficulties.
Olympus sues execs over scandal, shares surge
Japan's disgraced Olympus Corp is suing its president and 18 other executives, past and present, for up to $47 million in compensation, as it struggles to recover from one of the nation's worst accounting scandals.
Struggling Kodak film group split up, shares soar
Eastman Kodak Co announced a new business structure on Tuesday that divides its film group into its two other business units as the once-iconic photography company tries to refocus as a digital company to help fend off financial difficulties.
Boeing sees demand for current 737 as it plugs MAX
Boeing Co expects to see continued robust demand for the current model of its narrow-body 737 - the Next Generation - even as it promotes the upcoming 737 MAX and its promises of fuel efficiency, the head of Boeing's 737 program said on Tuesday.
YouTube eyes gadgets, channels to boost viewership
YouTube is looking to increase viewership on its online video service by making the service available on an array of connected devices and by adding new content, according to a top executive for the Google Inc unit.
Fed officials signal more action may be needed
Federal Reserve officials on Tuesday signaled more help for the U.S. economy may be necessary despite recent data that suggested the recovery was picking up steam going into 2012.
Orange juice futures surge to record on fungicide fears
U.S. orange juice futures surged almost 11 percent to an all-time high on Tuesday, after U.S. health regulators announced a clampdown on imports from top producer Brazil following the discovery of small doses of a fungicide that is not approved in the United States.
OJ surges 11 percent to record on Brazil fungicide fears
U.S. orange juice futures surged almost 11 percent to an all-time high on Tuesday, after U.S. health regulators announced a clampdown on imports from top producer Brazil following the discovery of small doses of a fungicide that is not approved in the United States.
Wall Street at 5-month high
Stocks climbed to a five-month high on Tuesday, led by materials stocks after an upbeat forecast by aluminum company Alcoa and strong gains in bank shares.
Cargill reports worst quarter since 2001
U.S. agribusiness giant Cargill Inc reported a third consecutive slump in quarterly earnings on Tuesday, as one of the world's largest commodity traders took a beating from sugar losses and volatility in financial markets.
Study: Television Viewership Declines Drastically Due to Smartphones, Tablets
Only 48 percent of consumers in a typical week watched broadcast or cable television, down from 71 percent in 2009, according to a survey released by consulting firm Accenture.
Housing starts jump in December
Canadian housing starts climbed more than expected in December, fueled by low mortgage rates and a boom in condo construction, even as analysts predicted the once-hot sector would cool further in 2012.
New Hampshire Primary 2012: Jon Huntsman's Economic Plan
Here is an overview of Jon Huntsman's economic plan, as the former Utah governor scrambles to finish in one of the top spots in New Hampshire.
Lululemon raises profit forecast, shares jump
Lululemon Athletica expects profit and sales in the current quarter to top earlier forecasts after holiday shoppers flocked to its shops to snap up the trendy yoga wear that have made the company a runaway retail success story.
Facebook's newest frontier: inside the car
At restaurants, at movies and at the office, checking Facebook has become a regular habit for many of the Internet social network's more than 800 million users.
Wholesale inventories barely rise in November
Inventories at U.S. wholesalers barely rose in November and growth in October was revised lower, suggesting the economy did not get as big a boost as expected from companies restocking their shelves.
TSX hits highest level in two months
Canadian stocks touched their highest level in two months on Tuesday as mining and energy issues rose on healthy import data out of China, which boosted investor optimism for the global economy.
Bank of Canada seen on hold until 2013
A deteriorating European with slower growth and the longer we go without economy and weak global growth will keep the Bank of Canada from raising rates for at least another year, though an interest rate cut looks highly unlikely, according to a Reuters survey.
Analysis: China's trade surplus fades but imbalances persist
One of the biggest imbalances in the global economy could soon be a thing of the past: China's super-sized trade surplus is melting away.