IBT Staff Reporter

A West Australian mother has become the first woman to win The Biggest Loser, shedding nearly half her body weight to triumph in the latest series.

There are active names in the options market and then there is Citigroup Inc .

Citigroup Inc Chief Executive Vikram Pandit stressed the bank was now focusing on responsible finance, a comment that comes as rival Goldman Sachs wrestles with legal woes.

Apple Inc's results blew past Wall Street expectations on the back of record iPhone sales, and the company gave a strong revenue forecast, sending its shares up more than 5 percent to an all-time high.

The Australian Dollar opens higher today at 0.9310 after receiving a boost yesterday from the release of the Reserve Bank of Australia (RBA) April 6 board meeting minutes.

Republican lawmakers on Tuesday took a more conciliatory tone toward Democratic proposals to crack down on Wall Street as the U.S. Senate delayed debate on a financial reform package until next week.

Delta Air Lines Inc posted a smaller quarterly loss on Tuesday as business traffic began to recover and said it expects a profit in the current period despite disruptions to transatlantic travel caused by ash from an Iceland volcano.

Johnson & Johnson and Swiss rival Novartis Holding AG reported better-than-expected quarterly earnings, but the results did not suggest accelerating growth for the drugmakers.

Three Wall Street banks urged a Manhattan federal judge not to lift an injunction on Theflyonthewall.com Inc's quick publication of analyst rating changes, saying the financial news service failed to show the ban threatens its ability to stay in business.

Goldman Sachs Group Inc reported blow-out quarterly earnings on Tuesday, but investors appeared to focus on the U.S. fraud case against the bank as Britain's market watchdog launched its own probe.

U.S. stocks rose on Tuesday as oil prices lifted energy shares and investors were upbeat about the overall profits recovery, even as some high-profile results fell short of lofty expectations.

Coca-Cola Co expects an improving economy to help North American results this year, but it may have less freedom to raise prices as it catches up to an overhaul by rival PepsiCo Inc .

Charles Schwab Corp agreed to pay $200 million to settle a federal class-action lawsuit targeting its money-losing YieldPlus mutual fund, erasing nearly all of its first quarter profit.

Apple Inc posted quarterly results that blew past Wall Street expectations on the back of record iPhone sales, sending its shares up 6 percent to an all-time high.

Google Inc boosted its spending on federal lobbying 57 percent in the first quarter to address issues including patent reform and competition in the advertising market, as the Internet search giant increasingly finds itself in the regulatory spotlight.

Richard Fuld, former CEO of Lehman Brothers, lifted his bowed head, looked squarely at congressional committee members on Tuesday and acknowledged that people were hurt in the collapse of the former Wall Street giant.

Yahoo Inc exceeded Wall Street's earnings expectations in the first quarter thanks to the sale of some of its assets and its search deal with Microsoft, but the company's revenue fell a hair short of Wall Street expectations.

Republican party lawmakers on Tuesday took a more conciliatory tone toward Democratic proposals to crack down on Wall Street as the U.S. Senate delayed debate on a financial reform package until next week.

Richard Fuld, former CEO of Lehman Brothers, was summoned to Capitol Hill on Tuesday to answer for the collapse of the fallen Wall Street giant, amid signs a vote on historic financial reforms may be delayed.

A wayward prototype of Apple Inc's next-generation iPhone has dominated the chatter in Silicon Valley over the past few days, and the company has moved to recover the device after it was apparently lost in a bar.

Airbus parent EADS told the Pentagon on Tuesday that it will compete directly against Boeing Co for a military refueling plane deal worth up to $50 billion, according to sources informed about the matter.

Republican lawmakers on Tuesday took a more conciliatory tone toward Democrat proposals to crack down on Wall Street as the Senate delayed debate on a broad financial reform package until next week.

TD Ameritrade Holding Corp substantially cut its profit, revenue and trading forecasts in the face of low volatility and interest rates, a difficult environment that it compared to last decade's dotcom market crisis.

A third of U.S. teenagers with cellphones send more than 100 texts a day as texting has exploded to become the most popular means of communication for young people, according to new research.

UnitedHealth Group Inc's first-quarter profit soared past Wall Street estimates on strong performance for its array of health plans, but fears that the new reform law will prevent such gains in the future undercut stock gains.

Airbus parent EADS braved awkward financial odds and a growing storm in Congress by challenging Boeing for a military refueling plane deal worth up to $50 billion, sources said Tuesday.

U.S. stocks rose on Tuesday as energy shares advanced on higher oil prices and bellwether companies reported quarterly results, although some fell short of heightened expectations.

Data protection and privacy chiefs from 10 countries issued a joint letter pushing search engine giant Google to improve respect for data privacy, Canada's Office of the Privacy Commissioner said on Tuesday.

The Treasury Department said on Tuesday it voted the 7.7 billion shares it owns in Citigroup Inc at the bank's annual meeting, including for a proposal to have a reverse share split.