Ex-BP boss to seal return with $4 billion Iraq deal
Tony Hayward, who stepped down as BP boss in the wake of the Gulf of Mexico oil spill, will imminently seal his return to the oil industry, by buying into Turkey's Genel Enerji, in a deal valuing the target at around $4 billion, a source close to the matter said on Tuesday.
Fate of Florida Teen Charged For Posing As Physician's Assistant Unknown
A Florida teenager faces felony charges for allegedly masquerading as a physician assistant at a local hospital.
Another loss-making event could scare investors: S&P
Increases in the frequency and severity of natural disasters, in addition to the fact reinsurers are trading below book value, have made investors unwilling to inject capital into struggling reinsurers in the event of another loss-making event, Standard & Poor's (S&P) said on Tuesday.
Common NSAID Painkillers May Increase Risk of Miscarriage, Study Finds
Non-steroidal anti-inflammatory drugs like ibuprofen and aspirin may increase a woman's risk of miscarriage, researchers found in a new study published Tuesday in the Canadian Medical Association Journal.
U.S. Solar Firm Solyndra Files for Bankruptcy
Solyndra LLC, a solar panel maker that received $535 million in federal loan guarantees, filed for bankruptcy, the third U.S. solar firm to succumb to pressure from Chinese rivals in recent weeks.
Fire From Plane Crash Menaces California Homes
A brush fire ignited by a fatal small-plane crash near the mountain town of Tehachapi, north of Los Angeles, forced hundreds of homes to be evacuated on Monday and left some 8,600 acres charred by nightfall in its second day.
Nevada Gunman Shoots at Least 7, Adding to Above-Average Gun Violence Rates
A gunman shot at least seven people outside an IHOP restaurant in Carson City, Nev., on Tuesday morning. Nevada has the fifth most gun deaths per capita in the U.S.
Bank stocks slide on mortgage lawsuit and worries
JPMorgan Chase & Co, the second largest U.S. bank by assets, led a broader decline in bank share prices, as investors feared lenders face a growing list of lawsuits due to problem mortgages.
Report: iPhone, Other Apple Devices Coming Soon to GameStop
According to a report, GameStop will be supplying its stores with iOS devices in the near future.
Wall St falls on euro zone debt fears
Wall Street stocks tumbled for a third session on Tuesday on rising concerns about the euro zone's debt crisis and the outlook for the global economy.
Analysis: Industrial distributors: smiling in a downturn?
Traditionally recession-proof, U.S. industrial distributors such as WW Grainger Inc and Fastenal Co are looking to make deals and expand their product range to take advantage of the market slowdown.
Space Station Crew Holds Off On Prep For Temporary Shutdown
Six astronauts aboard the International Space Station (ISS) that was scheduled to launch in late September will continue to be delayed after a failed launch in Russia ended in a crash.
U.N. study savages U.S., European economic policy
The pursuit of austerity measures and deficit cuts is pushing the world economy toward disaster in a misguided attempt to please global financial markets, the annual report of the United Nations economic thinktank UNCTAD said on Tuesday.
Shaw to sell Westinghouse stake to Toshiba
Shaw Group said it will sell its 20 percent stake in nuclear power plant company Westinghouse Electric Co to Japan's Toshiba Corp to eliminate nearly $1.7 billion of debt and strengthen its balance sheet.
Exclusive: Ex-BP boss to seal return with $4 billion Iraq buy
Tony Hayward, who stepped down as BP boss in the wake of the Gulf of Mexico oil spill, will imminently seal his return to the oil industry, by buying into Turkey's Genel Enerji, in a deal valuing the target at around $4 billion, a source close to the matter said on Tuesday.
After Playstation Network Hacking Debacle, Sony Beefs Up Security Team
Sony hires a new security chief in the wake of the PSN hacking scandal.
Wall Street falls on euro zone debt fears
Wall Street stocks tumbled on Tuesday on rising concerns the euro zone's debt crisis could hurt the global economy.
Service sector growth picks up in August: ISM
The pace of expansion in the services sector unexpectedly accelerated in August, snapping a three-month streak of slower growth, according to an industry report released on Tuesday.
UK regulator warns of potential 4G auction delay
Regulator Ofcom said the auction of Britain's next-generation 4G mobile phone spectrum could be pushed back at least three months to the second quarter of 2012, as it grapples with complex technical and legal issues.
RIM investor urges company to consider sale
A shareholder in Research In Motion said on Tuesday it wants the BlackBerry maker to consider selling itself or spinning off its patent portfolio.
HIV Porn Case: L.A. Adult Film Industry Resumes After HIV Scare
Los Angeles' porn production will resume after a false positive result on an HIV test of an actor last week brought the adult film-making to a screeching halt.
Swiss draw line in the sand to cap runaway franc
The Swiss National Bank shocked markets on Tuesday by setting an exchange rate cap on the soaring franc to stave off a recession, discouraging investors anxious about flagging global growth from using the currency as a safe haven.
Alaska Airlines Passenger in Custody after Biting Crew Member
An Alaska Airlines passenger bit a crew member at the taxiing gate of Seattle-Tacoma International Airport.
Amazon steps up social media efforts
Amazon.com Inc is stepping up social media efforts after the largest Internet retailer partially missed one of the hottest technology trends of recent years.
U.S. Blood Supply May Be Infected By Tick-borne Parasite
A tick-borne infection known as Babesiosis, which can cause severe disease and even death, is becoming a growing threat to the U.S. blood supply, according to a 31-year-old study led by government researchers.
Dutch Hacking Case Escalates as Man Claims Responsibility for DigiNotar Breach
A hacking scandal in the Netherlands has escalated, with Dutch government officials investigating whether a hacker who stole online security certificates also stole any sensitive information on Dutch citizens.
Buffett rally ends as BofA falls under pre-deal levels
Investors who followed Warren Buffett's lead on Bank of America Corp are back to where they started.
NYSE sets up for volatile open
The New York Stock Exchange and NYSE Amex Cash Markets invoked a rule to smooth trading at the market open on Tuesday as futures pointed to a sharp drop in the major indexes.
Wozniacki, Williams and Djokovic reach quarters
Caroline Wozniacki won a late-night thriller against former champion Svetlana Kuznetsova at the U.S. Open on Monday to stay on course for a heavyweight showdown with Serena Williams.
International Paper to Buy Temple-Inland for $3.7 Billion
International Paper, the world's largest producer of paper and pulp, has agreed to buy shipping-box company Temple-Inland for $3.7 billion.