IBT Staff Reporter

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Yum puts Long John Silver's and A&W up for sale

Yum Brands Inc <YUM.N> has put its Long John Silver's and A&W All-American Food Restaurants up for sale as it focuses on growth in China and other international markets, the company said on Tuesday.

Regulators approve Comcast-NBCU deal

Regulators approved Comcast Corp's purchase of a majority stake in NBC Universal with the requirement that NBC give up day-to-day control of popular online video site Hulu.

Delta profit misses estimates as fuel costs weigh

Delta Air Lines Inc reported a lower-than-expected quarterly profit on Tuesday as jet fuel costs rose, and its shares fell more than 6 percent amid fresh concerns that rising oil prices could hamper the airline industry recovery.

Jared Loughner used legal hallucinogen salvia

Arizona shooting suspect Jared Loughner had been known for using drugs according to friends, including marijuana and a little known, but increasingly popular hallucinogenic drug, salvia.

Key Democratic senator will retire

Republican strategists are juiced up about the announcement today that Sen. Kent Conrad, D-ND, has decided not to seek re-election in 2012.

Comcast wins Justice Dept approval for NBCU deal

Cable giant Comcast Corp won antitrust approval to buy a majority stake in NBC Universal on several conditions, including that it give up management rights of the online television web site Hulu, the Justice Department said on Tuesday.

Garnett's return sparks Celtics to wild win over

Boston's Kevin Garnett made a game-clinching steal in his return to the court on Monday and Paul Pierce nailed the winning shot in the final minute to lift the Celtics to a 109-106 triumph over the Orlando Magic.

Federer to face French nemesis at Melbourne Park

Roger Federer's bid for a fifth Australian Open title gets serious on Wednesday with a second round clash against Frenchman Gilles Simon, one of the few players boasting a winning record against the Swiss maestro.

Wall St gains; Google offsets Apple

Stocks advanced on Tuesday as price target upgrades of Caterpillar and Google offset disappointing Citigroup results and worries about another medical leave by Apple Chief Executive Steve Jobs.

Obama plans red tape cutting spree

As part of his ongoing efforts to cut red tape in government, President Barack Obama is asking all the agencies under his control to review any of the rules which place unreasonable burdens upon businesses and hinder economic growth.

Boeing sees first Dreamliner delivery in 3rd quarter

Boeing Co said the first delivery of its long-delayed 787 Dreamliner would come in the third quarter of 2011, clearing up fears about the schedule after a November electrical fire on a test flight threw the timing into doubt.

Gun laws and gun violence

Much has been said about America’s love affair with guns. Still, it is hard to overstate the size and intensity of the romance.

Private investors drive November capital inflow

Foreigners increased purchases of U.S. securities in November, the U.S. Treasury Department said on Tuesday, though it was private investors rather than central banks who did most of the buying.

Ghana bourse sees four new listings in 2011

Ghana's stock exchange expects at least four new listings this year, including a local float by oil group Tullow Plc, and predicts that inflows of new pension funds will boost trading volumes.

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