IBT Staff Reporter

U.S. stocks closed little changed in light volume on Tuesday as differing views on whether the market can build on recent gains stalled the S&P 500's six-day winning streak. Investors paused to assess the rally just one day after the Dow average jumped a little over 200 points to close at a 13-month high.

Apple overtook Nokia in the third quarter as the cellphone maker generating the highest total operating profit in the industry, research firm Strategy Analytics said on Tuesday.

A reserve fund must be established ahead of time to give the government the working capital it needs to dismantle large, troubled financial companies, a top U.S. bank regulator said on Tuesday.

Oil prices fell on Tuesday as the dollar firmed and energy companies began restoring offshore operations disrupted by Tropical Storm Ida.

When an expanded list of 10 movies competes next year for the best picture Oscar, director Pete Docter hopes his Up will become the first animated film since 1991's Beauty and the Beast to vie for Hollywood's most coveted honor.

The U.S. Senate's top banking legislator proposed ambitious financial regulation reforms on Tuesday, leaping beyond earlier proposals to tighten bank regulation, protect consumers and police systemic risk.

President Barack Obama's deliberations over war strategy in Afghanistan have narrowed to four options but a decision is still weeks away, the White House said on Tuesday.

Democratic leaders in the U.S. Senate said on Tuesday they hope to bring a long-delayed healthcare bill to the floor next week, kicking off a tough fight that may well spill into next year.

The U.S. Energy Information Administration on Tuesday raised its forecast for OPEC crude oil production next year to 29.44 million barrels per day from its prior estimate of 29.19 million bpd.

U.S. stocks were little changed on Tuesday, stalling the S&P 500 index's string of six straight advances, as investors paused to assess recent gains.

German wind park developer PNE Wind aims to generate a quarter of its sales in the United States in three year's time, its chief executive told Reuters on Tuesday.

The proportion of the world's population with access to electricity will rise over the next 20 years but more than a billion people will still be without power in 2030, the International Energy Agency (IEA) said on Tuesday.

Most U.S. consumers recognize the Environmental Protection Agency's blue Energy Star label when it is posted on an energy-saving refrigerator, water heater or other appliance.

A former Russian policeman, who accused officers in his home town of corruption in blogs that had more than one million Internet hits, said on Tuesday he wanted to discuss the affair with Prime Minister Vladimir Putin.

Federal Reserve officials on Tuesday struck a cautious note on the U.S. economy, citing high unemployment, heavy reliance on government support and commercial real estate woes as hurdles to recovery.

China hopes that the United States will keep its deficit to an appropriate size to ensure basic stability in the U.S. dollar exchange rate, Chinese Premier Wen Jiabao said on Sunday.

EU finance ministers agreed on Tuesday to start major efforts to narrow budget gaps in 2011 at the latest and reached preliminary agreement to boost the amount of capital banks must hold to offset risky activities.

At first glance, Giuseppe Oglio's farm near Milan looks like it's suffering from neglect. Weeds run rampant amid the rice fields and clover grows unchecked around his millet crop.

The United States' economy is not robust enough yet and unemployment is too high for policymakers to begin to withdraw stimulus, Boston Fed President Eric Rosengren said on Tuesday.

The dollar bounced off a 15-month low on Tuesday and the euro dipped below $1.50 as investors paused to assess whether the global outlook justifies a recent rally in higher-yielding currencies and assets.

Extreme temperatures and heavy air pollution boost heart attack risk, according to a major new study.

President Barack Obama and first lady Michelle have travelled to Fort Hood, Texas on Tuesday morning to attend the memorial service for the 13 slain in last week's shooting spree.

Insurance giant AIG has made progress on its restructuring and will likely be able to repay a taxpayer bailout and buy back much of the government's stake in the company, Moody's Investors Service said on Monday.

Industrial conglomerate Tyco International Ltd said it expects its revenue to continue to slide until late in its 2010 fiscal year, sending its shares down 3 percent on Tuesday.

U.S. workers were reluctant to quit their jobs in September as businesses showed no signs of increased hiring, a government report showed on Tuesday.

The U.S. economy has entered a recovery and policymakers should now focus on ensuring it is a durable one, a top Federal Reserve official said on Tuesday.

Apple rolled out its second security update to Mac OS X Snow Leopard, Mac OS X 10.6.2, which puts an end to “hackintoshes” – a PC netbook that's based on Intel's Atom processor which has been hacked in order to run Apple's operating system.

The United States sees China as a vital partner and competitor, but the two countries need to address economic imbalances or risk enormous strains on their relationship, President Barack Obama said on Monday.

U.S. Secretary of State Hillary Clinton on Monday urged Iran to accept a U.N.-drafted proposal to have uranium for a medical reactor enriched abroad.