IBT Staff Reporter

Oracle Corp posted quarterly revenue slightly above Wall Street expectations, defying a weak outlook for global technology spending.

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BlackBerry maker Research In Motion must launch innovative devices on schedule and offer credible earnings forecasts to win back the trust of investors made wary by its missteps, an analyst said on Tuesday.

With a one-in-five million chance, two babies from two separate uteruses were delivered at Morton Plant Hospital in Clearwater last week as result of a rare medical condition.

Any effort by the United States to pare its massive public debt without bringing in more revenue and tackling expensive benefit programs will lack credibility, the International Monetary Fund said on Tuesday.

Stocks advanced on Tuesday, although they eased off session highs, on tentative hopes the U.S. Federal Reserve will offer more economic stimulus and signs of progress in Greek debt talks.

The relationship between President Obama and Warren Buffett has grown as the president is calling on wealthy Americans to pay more in taxes to solve deficit problems.

The number of people employed in South Africa's formal sector increased slightly in the second quarter, with the mining and retail sectors among those that added jobs.

Europe will come under heavy pressure from other economic powers this week to stem its deepening debt crisis but talks among the self-proclaimed guardians of global finance are unlikely to make much headway.

New construction of homes fell more than expected in August, dragging on economic growth and keeping pressure on President Barack Obama to do more to help the sputtering economy.

The Giants recently faked an injury during a game against the Rams.

Mad Men and Modern Family won television's top drama and comedy prizes again on Sunday but elsewhere it was out with the old and in with the new at the Primetime Emmy Awards.

California will trail the nation's economic recovery as its once fast-growing inland areas struggle for years to come with a dearth of jobs and devastated housing markets, a report released on Tuesday said.

A tentative contract between General Motors Co and the United Autos Workers would create more than 6,000 U.S. factory jobs and pay existing workers profit-sharing bonuses of at least $3,500 in 2012, union officials said on Tuesday.

Google Inc trotted out the latest improvements to its Google+ social network on Tuesday, integrating its search engine into the site and expanding its Hangouts feature to allow mobile use and broadcasting.

On Monday, MTA revealed its On the Go! Travel Station at the Bowling Green subway station. The kiosk will not only provide travelers with subway-related information, but also nearby restaurant and tourist sights.

South African stocks rose to their highest level in more than six weeks on Tuesday, bouncing back from the previous session's decline, with gold miners among the top gainers as the domestic currency falters and bullion prices cruise higher.

South Africa's rand briefly ploughed a fresh 14-month low against the dollar on Tuesday before wiping out most of those losses as comments that Italy is not likely to default on its debt helped ease some of the risk aversion that has beset emerging markets.

Verizon Wireless plans to start selling Rhyme a new HTC Corp smartphone on Sept 29 for $199, the companies said on Tuesday.

While a number of listeria-infected cantaloupe crops were recalled last week, food-borne illnesses and deaths grew to 35 and four respectively, in 10 states, federal officials said Monday.

Atrinsic Inc said the streaming application for its popular Kazaa digital music service is now available for download through Apple Inc's app store, sending its shares up 67 percent in heavy volumes.

Stocks pushed higher on Tuesday afternoon as investors were cautiously optimistic that the U.S. Federal Reserve will offer more economic stimulus and that Greek debt talks were progressing.

Zambians wary of electoral fraud flocked to the Internet and social media on Tuesday to expose any irregularities in a closely contested presidential and parliamentary poll.

A trade group representing U.S. community banks called on Tuesday for a moratorium on mergers involving financial firms with more than $100 billion in assets.

Stocks rose in choppy trading on Tuesday as investors hoped the Federal Reserve's policy panel would add more monetary stimulus to kick-start economic recovery.

Bank of Canada Governor Mark Carney expects the Canadian economy to grow through the rest of this year and signaled on Tuesday he stands ready to use a variety of tools and policy options to ensure stability.

The number of confirmed deaths from a listeria outbreak grew to four as result of bacteria-infected cantaloupe from a Colorado farm that spread to 10 states in less than two weeks, federal health regulators said on Monday.

Housing starts fell more than expected in August as groundbreaking for both single-family and multi-family units declined, while permits for future construction rose, a government report showed on Tuesday.

German engineering group Siemens withdrew funds from Societe Generale in July because of underperformance, not fears over the French bank's financial health, a Paris-based source said on Tuesday.