IBT Staff Reporter

European shares turned negative in afternoon trading on Tuesday after U.S. GDP data showed the economy grew more slowly than initially thought in the third quarter.

General Motors will present labor leaders at European arm Opel a reorganization plan on Wednesday that envisions cutting nearly a fifth of the workforce, GM's acting European head said.

U.S. stock index futures pointed to a flat open on Tuesday after data showed the U.S. economy grew in the third quarter, but at a slower-than-expected pace.

The U.S. economy grew more slowly than initially thought in the third quarter, held back by strong imports and weak investment in nonresidential structures, according to data on Tuesday that hinted at a lackluster recovery.

Almost half the financial sector workers in London and New York say they would take sensitive company information with them if they were fired, according to a new transatlantic survey.

U.S. stock index futures pointed to a flat open on Tuesday after data showed the U.S. economy grew in the third quarter, but at a slower-than-expected pace.

The U.S. economy grew more slowly than initially thought in the third quarter, held back by strong imports and weak investment in nonresidential structures, according to data on Tuesday that hinted at a lackluster recovery.

Five new restroom ambassadors will soon be tweeting from toilets at Times Square after beating hundreds of hopefuls for the coveted jobs.

In a depressed neighborhood in the City of Angels, hundreds of good jobs appeared to fall from the sky last week.

The U.S. economy grew more slowly than initially thought in the third quarter, held back by strong imports and weak investment in nonresidential structures, according to data on Tuesday that hinted at a lackluster recovery.

The U.S. economy grew more slowly than initially thought in the third quarter, held back by strong imports and weak investment in nonresidential structures, according to data on Tuesday that hinted at a lackluster recovery.

Raj Rajaratnam, the billionaire founder of Galleon Group, on Tuesday rejected federal insider trading charges, and accused the government of violating his constitutional rights with its use of wiretaps.

Warner Music Group , the world's third largest music company, on Tuesday reported a surprise quarterly loss as higher interest expense and operating costs cut into the record label's margins.

Savvy equity investors have fattened their returns this year, buying on pullbacks during the U.S. market's rally, and that activity may be enough to buoy prices through the end of the year.

Galleon Group founder Raj Rajaratnam denies SEC insider trading charges, according to a court filing by his lawyers on Tuesday with the U.S. District Court for the Southern District of New York:

European shares were slightly higher by midday on Tuesday, extending the previous session's sharp gains, with stronger mining and pharmaceutical stocks outpacing weaker financial shares.

Growing world oil use will likely outpace the rate of new supplies in 2010, eroding the huge stockpiles of crude which have mounted around the world since the start of the global economic crisis.

U.S. stock index futures were little changed on Tuesday, ahead of data on third-quarter GDP and consumer confidence and following a strong advance in Monday's session.

U.S. stock index futures were little changed on Tuesday, ahead of data on third-quarter GDP and consumer confidence and following a strong advance in Monday's session.

In a filing with the U.S. District Court for the Southern District of New York on Tuesday:

U.S. stock index futures were little changed on Tuesday, following a strong advance in Monday's session and after Hewlett-Packard reported that quarterly profit matched its preliminary results.

Gains in commodity stocks offset weakness in banks to leave Britain's top share index slightly firmer in choppy trade by mid-session on Tuesday.

Investment flows into hedge funds have turned net positive and the sector is heading toward having assets under management of around $1.75 trillion by year-end, according to Morgan Stanley.

The dollar was broadly higher on Tuesday as investors sold currencies associated with risk on concerns about the banking system while looking ahead to data on the outlook for economic growth.

H.J. Heinz Co posted a lower quarterly profit on Tuesday, hurt by sales declines in North America and Europe, but said it is optimistic about its sales momentum heading into the second half of its fiscal year and raised its full-year profit forecast.

Citigroup Inc (C.N) said on Tuesday that it would sell its Diners Club North America credit card business to Canada's BMO Financial Group (BMO.TO), as part of its strategy to shed noncore or unwanted assets.

News, details on corporate bond issues in the European markets on Tuesday:

Warner Music Group , the world's third largest music company, on Tuesday reported a quarterly loss due to higher interest expense and charges for job cuts.

Japanese cabinet ministers piled yet more pressure on the Bank of Japan on Tuesday to respond to deflation, with one saying the central bank was asleep at the wheel.