IBT Staff Reporter

Bank of America Corp scrapped plans to charge a $5 per-month debit fee, handing a victory to consumers and protesters angry with big banks.

Hackers disrupted Palestinian Internet services in the West Bank and Gaza Strip on Tuesday, the Palestinian telecoms minister said, alleging that a foreign government was behind the interference.

Mitt Romney hasn't won the Republican nomination yet, but President Barack Obama seems to be treating him like an opponent.

A public-private fund that will acquire the small- and midsize-LCD operations of Toshiba Corp, Hitachi Ltd and Sony Corp will also buy a Panasonic Corp factory for about 20 billion yen ($255.5 million), Japanese business daily The Nikkei said.

French banks and lenders exposed to Greece and other weak euro zone countries slumped on Tuesday after Greece's leader said he would put a bailout plan to a referendum, raising the risk of a disorderly default.

Pfizer Inc., the world's largest drug maker, reported third-quarter profit that topped analysts' expectations based on U.S. growth of their cholesterol block-buster drug Lipitor, favorable foreign exchange rates and increases in overseas sales.

Yahoo Inc will pay $270 million for interclick inc as it tries to revive its ailing online advertising business, even as the search and advertising giant continues to scout for potential bidders.

The fan who caused much damage in the ill-tempered Romanian match between Steaua Bucharest and Petrolul Ploiesti has been charged after fracturing Bucharest defender George Galamaz's cheekbone.

The Greek government faced possible collapse on Tuesday as ruling party lawmakers demanded Prime Minister George Papandreou resign for throwing the nation's euro membership into jeopardy with a shock call for a referendum.

The pace of growth in U.S. manufacturing slowed last month, though improvement in October new orders suggested stable but slow growth for the U.S. economy.

Chrysler Group LLC posted a 27 percent gain in October U.S. sales -- its best result in four years -- as major automakers reported results pointing to the strongest showing for industrywide vehicle sales since the start of 2011.

U.S. auto sales rose to near their highest level of 2011 in October, early sales results showed, although shares in General Motors Co and other automakers tumbled on concern that the industry's slow recovery could falter.

President Barack Obama will sign a declaration Tuesday afternoon declaring Fort Monroe as a national monument. The fort played an important part in both the beginning and end of slavery in America.

The Federal Reserve could begin to prepare financial markets for further monetary easing at the conclusion of a two-day meeting that began on Tuesday, even if it refrains from any new stimulus just yet.

Britain and the United States rejected calls from China and Russia for greater Internet controls on Tuesday at the opening of a major cyberspace conference, but Western states faced accusations of double standards.

Stocks tumbled more than 2 percent on Tuesday after a proposed Greek referendum threatened to upend a European bailout plan to contain the sovereign debt crisis.

The cost of nitrogen sensors is still a barrier for many farmers.

Bank of America will drop its $5 monthly fee on debit card use that was expected to begin next year.

The pace of growth in the U.S. manufacturing sector unexpectedly slowed in October, though it managed to stay in expansion territory, according to an industry report released on Tuesday.

Bank of America has canceled its plans for a $5 monthly debit card fee in response to public backlash, making it the last major bank to retreat. Bank of America had proposed the fee in response to the 2010 Dodd-Frank financial regulatory bill.

Yahoo Inc will pay $270 million for interclick inc as it tries to revive its ailing online advertising business, even as the search and advertising giant continues to scout for potential bidders.

Drug wholesaler AmerisourceBergen Corp reported higher-than-expected fiscal fourth-quarter earnings on Tuesday, driven by strong sales in its generic and specialty drug businesses.

MetroPCS saw a sharp increase in customer defections in the third quarter as heavy use of bandwith-hungry smartphones hurt its network performance, sending its shares down almost 9 percent in morning trade.

Arsenal will look to seal progress, or at least make the vital steps towards the knock-out rounds, when they host Marseille in the Uefa Champions League.

The Greek government faced possible collapse on Tuesday as ruling party lawmakers demanded Prime Minister George Papandreou resign for throwing the nation's euro membership into jeopardy with a shock call for a referendum.

Reality TV star Kim Kardashian filed for divorce on Monday, just 72 days after marrying basketball player Kris Humphries in a lavish wedding that was billed as a fairytale.

MF Global Holdings Ltd, the futures broker that filed for bankruptcy protection on Monday, failed to keep its customers' accounts separate from the firm's funds, its main exchange regulator said on Tuesday.

In their battle to bolster state finances and avoid sovereign defaults, euro zone policymakers may do well to examine the efforts of tiny neighbor Lithuania to reform state-owned enterprises.

Chrysler Group LLC posted a 27 percent gain in October U.S. sales -- its best result in four years -- as major automakers reported results pointing to the strongest showing for industrywide vehicle sales since the start of 2011.