IBT Staff Reporter

Goldman Sachs Group Inc posted a wider-than-expected loss of $428 million for the third quarter, only its second quarterly loss as a public company, hurt by sharp declines in the value of investment securities and customer trading assets.

Bank of America Corp posted a third-quarter profit on Tuesday, helped by accounting gains and asset sales, but the bank's main businesses showed signs of weakness as lending profits dropped and expenses rose.

Coca-Cola Co reported a quarterly profit on Tuesday that slightly beat Wall Street estimates, as sales increased worldwide.

China's economic expansion slowed in the third quarter to its weakest pace in more than two years as euro-debt strains and a sluggish U.S. economy took a toll, but healthy domestic drivers suggest little room to relax monetary policy near term.

The International Trade Commission (ITC) refused to ban Apple’s products, saying that the company did not violate the four patents held by HTC.

S&P 500 stock index futures eased modestly on Tuesday after a Moody's warning on France's credit rating and a slowdown in China's growth revived concerns over a worsening debt crisis in Europe and a hard landing for Asian economies.

Vente-Privee, the French start-up that pioneered the now much-imitated model of on-line flash sales, plans to launch its U.S. website by mid-November in partnership with American Express and aims to reach $500 million in sales in the ultra-competitive market in the next five years.

On Sunday, October 16, 2011, English motorsports professional, Daniel Wheldon, driving for the Sam Schmidt Motorsports team in the 2011 IndyCar Series in America, died during the race. Any analysis of the incident must begin with an understanding not only of what happened but also the context within which it did. In other words, before we investigate the crash, we need to understand what Indy Racing is all about.

An extradition treaty with the United States is not biased against British criminal suspects, a judge-led review said on Tuesday, dealing a blow to campaigners fighting to stop a computer hacker being sent to stand trial in America.

World stocks stumbled from the previous day's 1-1/2 month high on Tuesday and government bonds rose as slower-than-expected Chinese growth and a warning on France's triple-A sovereign credit rating prompted investors to cut risks.

China's economic expansion slowed in the third quarter to its weakest pace in more than two years as euro-debt strains and a sluggish U.S. economy took a toll, but healthy domestic drivers suggest little room to relax monetary policy near term.

While Apple unveiled iPhone 4S just a day before the Apple’s co-founder, Steve Jobs died, Samsung held back the launch of Google’s Nexus Prime (which was scheduled at Oct. 11) saying it is in memory of the computer genius.

Just a few doors down from the Apple store in Sydney, where a long line of fans eagerly awaited the sale of the new iPhone 4S, another throng was gathering at a Samsung store.

Just a few doors down from the Apple store in Sydney, where a long line of fans eagerly awaited the sale of the new iPhone 4S, another throng was gathering at a Samsung store.

French food group Danone SA said softening commodity prices, robust growth in emerging markets and the expected benefits from the acquisition of Unimilk in Russia made it confident for 2012.

Moody's decision to review France's triple-A credit rating cast new doubt on Tuesday on Europe's hopes of drawing a line under its sovereign debt crisis, five days before a crucial EU summit.

U.S. plane maker Boeing Co on Tuesday predicted more sales cancellations for its delayed Dreamliner 787, after a Chinese airline scrapped 24 orders, but said the overall order book for the new long-range aircraft remained strong.

World stocks stumbled from the previous day's 1-1/2 month high on Tuesday and government bonds rose as slower-than-expected Chinese growth data and a warning on France's triple-A sovereign credit rating prompted investors to cut risks.

China's economic expansion slowed in the third quarter to its weakest pace since early 2009 as euro-debt strains and a sluggish U.S. economy took a toll, but healthy domestic drivers suggest little room to relax monetary policy near term.

China's economic expansion slowed in the third quarter to its weakest pace since early 2009 as euro-debt strains and a sluggish U.S. economy took a toll, but healthy domestic drivers suggest little room to relax monetary policy near term.

Shoplifting, employee theft and organized crime cost the global retail industry $119 billion in the 12 months ended in June, up 6.6 percent from a year earlier, according to survey results released on Tuesday.

European shares were expected to retreat on Tuesday, echoing losses in Asian stocks and commodities, after Germany cautioned against hopes for a quick fix to Europe's debt problem, and on news that China's growth slowed slightly more than expected in the third quarter.

Cloud-based analytics company Tidemark took the wraps off its business after two years in stealth mode, and announced a new funding round.

Officials and big banks are working on a plan that would make refinancing available to some borrowers whose houses are worth less than their loans, so long as they are current on mortgage payments, the Wall Street Journal reported.

El Paso Corp Chief Executive Douglas Foshee does not plan to stay at Kinder Morgan Inc after the pipeline company acquires his employer, a Wall Street Journal report said.

The U.S. is poised on Tuesday to push through the toughest measures yet to curtail speculation in commodity markets, likely shifting the focus of a fierce four-year debate from the regulators to the courts.

China's economic expansion slowed in the third quarter to its weakest pace since early 2009, but core domestic drivers of growth remained robust, suggesting little chance that monetary policy can be relaxed near term.

National Basketball Association (NBA) Commissioner David Stern has set his sights on the regular season starting within 30 days as team owners and players prepare to resolve their labor dispute through mediation.

Dow Jones Indexes, majority-owned by CME Group Inc , launched two new regional indexes for Asia and Europe on Tuesday, applying a similar methodology to that used for the Dow Jones Industrial Average <.DJIA> in the United States.