IBT Staff Reporter

President Barack Obama, battling a public outcry over double-digit U.S. unemployment, on Tuesday will lay out several new steps to boost jobs and confront a challenge that has hurt his popularity.

McDonald's Corp said sales at established U.S. restaurants fell 0.6 percent in November, marking the second straight month of declines at domestic outlets, and its shares fell 2.6 percent.

Six months is not enough time to restructure indebted state-controlled conglomerate Dubai World, the emirate's finance chief said on Tuesday, adding that it had enough assets to meet its obligations.

FedEx Corp said on Monday that its second-quarter earnings would easily beat its previous forecast, citing strong growth in international demand for its air services, especially in Asia and Latin America, and its shares rose more than 3 percent.

Tesco Plc, the world's No.3 retailer, posted quarterly sales growth toward the bottom end of forecasts, held back by a drop in food price inflation, but said a gradual consumer recovery remained on track.

Stock index futures were lower on Tuesday after cautious comments from Federal Reserve Chairman Ben Bernanke sparked jitters about the pace of economic recovery.

Stock index futures pointed to a mixed open on Wall Street on Tuesday, with futures for the S&P 500 up 0.21 percent, Dow Jones futures down 0.07 percent and Nasdaq 100 futures down 0.13 percent at 4:33 a.m. EST.

State-controlled Dubai World is discussing a new date with banks for $3.5 billion in debt falling due on December 14, but with no deal yet announced, spooked investors sold Dubai shares down to 21-week lows.

Japan's government agreed on a $81 billion stimulus package on Tuesday, aimed at preventing the economy from tipping back into recession as deflation persists and a strong yen threatens exports.

Japan's government agreed on a $81 billion stimulus package on Tuesday, aimed at preventing the economy from tipping back into recession as deflation persists and a strong yen threatens exports.

Japan's government agreed on a $81 billion stimulus package on Tuesday, aimed at preventing the economy from tipping back into recession as deflation persists and a strong yen threatens exports.

Global share markets were becalmed on Tuesday and the dollar struggled after Federal Reserve Chairman Ben Bernanke gave a cautious assessment of the world's biggest economy, driving investors toward government debt.

Adam Shankman has a Twitter habit, and it's making Academy officials nervous. Although the Academy of Motion Picture Arts and Sciences has nothing against publicity, it likes to dole out its news about the 82nd Annual Academy Awards, set for March 7, on its own timetable.

James Gorman, who takes over as Morgan Stanley's chief executive on January 1, plans to put finance chief Colm Kelleher and banker Paul Taubman in charge of the company's institutional securities unit, the Wall Street Journal reported citing a person familiar with the situation.

Kenneth Feinberg, the Obama administration's pay czar, will exempt some executives at American International Group from a $500,000 salary cap after at least five employees threatened to quit, Bloomberg reported citing people familiar with the matter.

A forward-looking measure of hiring intentions improved in the United States and most other countries, suggesting job growth may resume in the first quarter, according to a quarterly survey by Manpower Inc .

The dollar dipped on Tuesday after Federal Reserve Chairman Ben Bernanke dampened speculation of an early U.S. interest rate rise, while Asian shares steadied as investors took a breather after recent gains.

General Motors Co is talking to BAIC, China's fifth largest car maker, about a partial sale of assets associated with its Saab brand, including tooling and technology, two people with direct knowledge of the discussions said.

The dollar dipped on Tuesday after Federal Reserve Chairman Ben Bernanke dampened speculation of an early U.S. interest rate rise, while shares faltered on renewed concern about the strength of the global recovery.

General Motors Co is talking to BAIC, China's fifth largest car maker, about a partial sale of assets associated with its Saab brand, including tooling and technology, two people with direct knowledge of the discussions said.

Tiger Woods' wife, Elin Nordegren, seems to have had enough of the growing numbers of the Tiger Woods mistresses and has according to reports from RadarOnline.com moved out of he couples mansion.

General Motors Co is talking to BAIC, China's fifth largest car maker, about a partial sale of assets associated with its Saab brand, including tooling and technology, two people with direct knowledge of the discussions said.

Federal Reserve Chairman Ben Bernanke on Monday said the U.S. economy's recovery remained fragile and unemployment may be high for some time, cooling anticipation of an early increase in U.S. interest rates.

China, Brazil, South Africa and India want a global climate treaty wrapped up by June 2010, according to a joint draft document prepared for the Copenhagen climate summit which opened on Monday.

As the U.S. Congress fights over legislation to reduce greenhouse gas emissions blamed for global warming, the Obama administration is considering a series of regulations that also would cut such pollutants.

President Barack Obama will not shirk from mentioning Afghanistan and his decision to send more troops to the war zone when he accepts the Nobel Peace Prize this week, the White House said on Monday.

TLC's reality show 18 Kids and counting star Michelle Duggar was rushed to the hospital over the weekend due to a problem in the gallbladder, People Magazine reported today.

The United States believes North Korea may be ready to resume talks on its nuclear program but will not offer any new inducements to get Pyongyang back to the negotiating table, a senior U.S. official said on Monday.

Google has beefed up its search capabilities by releasing real-time search and announcing a new product in Google Labs, called Google Goggles, which is a visual search feature. Google made the announcements during Google's 3rd annual review of Internet search technology; an event the company calls Searchology.