IBT Staff Reporter

Stocks extended their rally on Tuesday, sparked by Eurozone officials' efforts to solidify the region's rescue fund in an attempt to alleviate the debt crisis.

German Chancellor Angela Merkel may fall short of a majority in her own coalition for a crucial reform of the euro zone rescue fund meant to stop a sovereign debt crisis spreading, in what would be a severe blow to her authority, a test vote showed.

Stocks extended their rally on Tuesday, sparked by euro zone officials' efforts to solidify the region's rescue fund in an attempt to alleviate the debt crisis.

More U.S. retailers looking for fresh markets are turning to Canada, lured by their northern neighbor's resilient economy, strong currency and the familiarity with their brands.

Singer and actress Jennifer Hudson teams up with Chicago Mayor Rahm Emanuel to open a new weight loss center in the city in effort to show a commitment to healthy living.

Huawei Technologies Co Ltd , the world's No.2 network equipment maker, and Discovery Communications Inc , whose cable networks include Discovery Channel, TLC, and Animal Planet, have inked an agreement to develop a co-branded mobile phone targeted at outdoor enthusiasts.

The Canadian government's spending from April through June was generally consistent with the 2011 budget, the office of the parliamentary budget officer said on Tuesday.

The cost of health insurance continues to climb for U.S. companies and workers, with annual family premiums this year growing at a pace triple that of 2010 and outpacing wage increases, according to a survey.

Americans worried about their incomes as they struggled to find work in September, holding consumer confidence at depressed levels and pointing to weak spending in the months ahead.

Leisha Hailey, star of Showtime's drama The L Word, was kicked off a Southwest Airlines flight Monday for kissing her girlfriend aboard the plane.

Talks between the United Auto Workers and Ford Motor Co for a new labor contract as well as ratification of the proposed agreement with General Motors Co were nearing a conclusion.

Goldman Sachs Group Inc may cut $1.45 billion in expenses by year's end, $250 million more than it indicated in July, in a move that could lead to more job cuts, according to The New York Times.

Goldman Sachs Group Inc may cut $1.45 billion in expenses by year's end, $250 million more than it indicated in July, in a move that could lead to more job cuts, according to The New York Times.

UBS AG's top two executives reassured the company's U.S. brokers and advisers on Monday that the embattled Swiss banking giant has no plans to sell UBS Wealth Management Americas.

Grumpy teens who are not getting the recommended amount of sleep tend to engage in more risky, unhealthy acts, say researchers from U.S. Centers for Disease Control and Prevention.

World No. 2 computer vendor Acer believes the recent top management change at rival Hewlett-Packard is a huge opportunity for the former to win over some customers, Acer Europe head Walter Deppeler told a German daily.

Home prices were unchanged on average in July in a sign that the weak housing market could be stabilizing, a survey showed on Tuesday.

Deloitte Touche Tohmatsu Ltd , the world's largest accounting and consulting firm, was accused on Monday of failing to detect fraud during its audits of one of the biggest private mortgage firms to collapse during the U.S. housing crash.

Walgreen Co , the largest U.S. drugstore chain, posted a sharply higher quarterly profit on Tuesday, helped by rising sales of general merchandise and prescriptions.

With Amazon's announcement Monday that its new Kindle Fire tablet will be unveiled this Wednesday in New York, the online marketplace has been rife with speculation about the threat this most recent contender will pose to the indomitable iPad. In large part, the upcoming showdown between the Kindle Fire and the iPad this holiday season will be interesting because of how the focal points of the two companies differ.

Kate Middleton, Duchess of Cambridge, attended her friend’s wedding during the weekend. And she prepared for that by spending 4 hours in her favorite hair salon on Friday afternoon.

A recent Citigroup survey asked 1,800 consumers from the U.S., UK, and China what purposes their tablets served. Probably expected, most tablet wielders are browsing the web, checking email, or instant messaging.

Most Facebook users now find themselves keeping track of their day to day lives through popular networking sites, whether it’s through status updates, photo albums, videos, or friend requests. The new scrapbook approach that Facebook will soon be introducing aims to do exactly that for us.

JPMorgan Chase & Co is asking to move to federal court a lawsuit from Lehman Brothers Holdings Inc accusing it of siphoning $8.6 billion from Lehman's estate in the days leading up to its record bankruptcy.

Manchester United will face FC Basel at Old Trafford in their second Group C encounter in the UEFA Champions League.

Stock index futures were lifted on Tuesday by a wave of hope that euro zone officials were working to add measures to cut Greece's debt and shore up the region's banks.

Europe's biggest defense contractor BAE Systems said it will axe up to 3,000 jobs in Britain as cuts to global defense budgets hit orders for its fighter jets.

Stock index futures were lifted on Tuesday by a wave of hope that euro zone officials were working to add measures to cut Greece's debt and shore up the region's banks.

The United Auto Workers expect the pace of talks with Ford Motor Co to quicken now that the sides are tackling economic issues and union President Bob King is at the table, a union official said on Monday.