IBT Staff Reporter

Police authorities in California are saying the shooting incident inside a Los Angeles school is not deliberate and two students - a boy and a girl - were injured when a gun in a backpack accidentally discharged.

U.S. stocks gained on Tuesday, overcoming weak Citigroup results and concerns circling Apple after Chief Executive Steve Jobs' medical leave.

Los Angeles Clippers rookie forward Blake Griffin continued his sensational campaign with an NBA season-high 47-point outburst during a 114-107 win over the Indiana Pacers on Monday.

Detroit Tigers pitcher Armando Galarraga, who missed a perfect game last season because of an umpire's blown call, has agreed to a one-year contract, thus avoiding arbitration, the team said Tuesday.

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.

Three students were shot today at Gardena High School in Los Angeles County, California, according to local media reports.

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.

FCC approves the deal by a four-to-one vote.

Latest cyber threat is creating an underground economy and a pool of new hackers.

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.

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.

NEW YORK (Reuters Life!) - Roughly two thirds of American teenagers are comfortable enough with their parents to have them as Facebook friends, according to a new study.

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

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.

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.

The San Jose Sharks have acquired rugged winger Ben Eager from the Atlanta Thrashers for a fifth-round pick in the 2011 NHL draft, the team said Tuesday.

Clothing retailer J Crew Group Inc is set to settle a shareholder lawsuit over its proposed takeover by private equity firms TPG Capital and Leonard Green & Partners LP.

The Toronto Blue Jays inked shortstop Yunel Escobar and outfielder Rajai Davis to deals on Tuesday, adding to a flurry of signings ahead of spring training.

Carolina Hurricanes forward Eric Staal and Detroit Red Wings defenceman Nicklas Lidstrom have been named captains for the NHL All-Star game, the league said Tuesday.

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.

Electronic trading platform Tradeweb said on Tuesday that talk of a large erroneous trade of U.S. government securities on its system that sparked a sudden market sell-off is wrong.

Scientists are trying to clone the woolly mammoth by 2016.

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.

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 the bulk of the buying.

U.S. 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.

Delta Air Lines Inc reported a lower-than-expected profit as fuel prices and plane repair costs increased, and its shares fell about 3 percent before the opening bell.

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.

The Nasdaq 100 index <.NDX> was near session highs and in positive territory on Tuesday afternoon, led by gains in Google Inc and as Apple Inc cut its losses.

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.