IBT Staff Reporter

Climate change stands to drive as many as one billion people from their homes over the next four decades, the International Organization for Migration said in a study Tuesday.

Texas Instruments Inc said on Tuesday its fourth-quarter earnings and revenue would be at the high end of its target range, but its shares fell almost 2 percent as some investors had higher expectations.

Stocks fell on Tuesday after disappointing corporate news from 3M Co and McDonald's, while negative developments in global credit markets caused a shift to safe-haven assets.

The Australian Dollar opens lower today at 0.9010 after mixed local economic data releases yesterday. Strong demand out of Asia lifted the Aussie to an intraday high of 0.9165 after the current account deficit came in at A$16.183 billion in the September quarter, compared to A$16.8 billion median market forecast. Also underpinning the local unit on the day was the latest monthly NAB business survey which showed confidence has risen to its highest level since May 2002. Overnight however, it was l...

Developing countries reacted furiously on Tuesday to leaked documents from the UN Climate Change Conference (COP15) that shows unequal limits on per capita carbon emissions for developed and developing countries.

Scientists have found a whole new use for copier paper. According to Stanford University researchers, when ordinary office paper coated is coated with an inky layer of carbon nanotubes or nanowires, it will become lightweight, flexible and highly conductive battery or superconductor.

Microsoft Corp and SAP will attend an EU hearing on Oracle Corp's plan to buy Sun Microsystems Inc that could help EU regulators decide whether to clear or block the deal, two people close to the matter said on Tuesday.

Couture dresses belonging to Victoria Beckham valued at $630,000 were stolen from a delivery van, UK's Daily Mail reported on December 5.

What happens next in the long-running U.S. drama over limiting greenhouse emissions could come down to a duel over whether rules or laws should dominate the policy landscape.

Morgan Stanley's incoming CEO, James Gorman, began putting his fingerprints on the firm, making its chief financial officer and the head of investment co-heads of its crucial institutional securities unit.

(Corrects share price fall in last paragraph to down 4 cents from down 4 percent)

Coal miner Consol Energy Inc launched an attack on environmentalists on Tuesday, blaming ecological activism for forcing it to idle two mines in West Virginia that employ nearly 500 workers.

U.S. job openings and hirings fell in October, government data showed on Tuesday, highlighting the continued distress in the labor market.

Yahoo Inc CEO Carol Bartz put a 'for sale' sign on HotJobs on Tuesday, saying Yahoo was open to selling the non-core unit for the right price even though an improving economy could help its prospects.

General Electric Co expects profit to remain flat at its hefty finance arm next year, as losses and impairments on loans peak.

American actor Mickey Rourke and his Russian supermodel girlfriend are planning to marry in April, according to the New York Post's Page Six today.

Google on Tuesday announced a Chrome browser beta version for Apple Mac and Linux. Chrome for Mac has been delayed for some time now, as it was first supposed to be released in the first half of 2009 but faced several delays.

U.S. economic growth will resume in 2010, leading to a rebound in manufacturing and services sector revenues, but the weak dollar poses risks, industry experts said on Tuesday.

Actor Mickey Rourke, 57 who was nominated for an Oscar for the movie The Wrestler last year, is engaged to Russian supermodel Elena Kuletskaya, 24, The New York Post reported.

U.S. chief executives' outlook on the economy improved in the fourth quarter, although most still are not ready to step up hiring or increase capital spending, according to a Business Roundtable survey released on Tuesday.

Maryland picked NRG Energy Inc's Bluewater Wind subsidiary as one of three companies to supply power from renewable sources, NRG said Tuesday.

The embattled wife of Tiger Woods, Elin Nordegren, has returned back to the couples Windermere mansion in Florida according to reports from TMZ.

Stocks fell on Tuesday after a disappointing outlook from 3M Co and weak domestic sales at McDonald's Corp fanned worries that sluggish consumer spending threatened the economic recovery.

Simon Property Group Inc, the largest U.S. mall owner, said on Tuesday it agreed to buy Prime Outlets Acquisition Co for $700 million plus assumed debt, to add 22 outlet centers to its stable of high-end outlet centers.

The board of General Motors Co will get an update on the search for a new chief executive by next month as a recruiting firm compiles a short list of candidates, a person familiar with the process said.

Cisco Systems Inc Chief Executive John Chambers reiterated the company's long-term target of 12 percent to 17 percent annual revenue growth, citing an economic recovery and expansion into new markets.

Bank of America Merrill Lynch named three executives on Tuesday to run its $450 billion retirement services business, including rehiring a former executive who left earlier this year.

Australian winemakers who care about the environment as much as their vintages can now seek formal recognition for their green credentials under a voluntary certification scheme.

U.S. chief executives' outlook on the economy improved in the fourth quarter, although most still are not ready to step up hiring or increase capital spending, according to a Business Roundtable survey released on Tuesday.