IBT Staff Reporter

Health Bill Advances; Tax Boost Delayed; Cisco's Buy

Microsoft Corp issued its biggest software patch on record on Tuesday to fix a range of security issues in its programs, including the yet to be released Windows 7 operating system.

China's super-rich have bounced back from the financial crisis with a vengeance, and China now has more known dollar billionaires than any other country bar the United States, according to a new report released on Tuesday.

Intel reported what it called the strongest second-to-third-quarter growth in 30 years of business. However, compared to the same period a year ago, revenue and profits dropped.

Jaclyn Elisse Torrealba, a freshman at Florida International University was murdered Sunday by her 30-year old boyfriend Juan Carlos Portieles following a verbal altercation, police said, according to CBS News.

Intel Corp reported higher-than-expected quarterly results and forecast revenue for the current quarter ahead of Wall Street targets on recovering demand for personal computers.

Jim Irsay, the owner of the Indianapolis Colts said Tuesday afternoon that he would not vote to approve talk show Rush Limbaugh buyout of the St. Louis Rams.

U.S. Secretary of State Hillary Clinton failed to win specific pledges from Moscow on tougher sanctions against Iran during a visit to Russia on Tuesday but hailed progress in other areas such as arms control.

A key U.S. Senate committee endorsed a sweeping healthcare overhaul on Tuesday, gaining the support of an influential Republican and delivering President Barack Obama a victory on his top domestic priority.

U.S. stocks weakened on Tuesday as disappointing sales from Johnson & Johnson stirred jitters about the strength of earnings, snapping the S&P 500's six-day winning streak.

Studies on whether mobile phones can cause cancer, especially brain tumors, vary widely in quality and there may be some bias in those showing the least risk, researchers reported on Tuesday.

Microsoft Corp issued its biggest software patch on record on Tuesday to fix a range of security issues in its programs, including the yet-to-be-released Windows 7 operating system.

Microsoft Corp issued its biggest software patch on record on Tuesday to fix a range of security issues in its programs, including the yet-to-be-released Windows 7 operating system.

China Mobile, the world's largest mobile carrier by subscribers, will next year introduce eight OPhone smartphone models from U.S. phone maker Motorola, a company official told Reuters.

Oil prices rose to a seven-week high above $74 a barrel on Tuesday after OPEC raised its 2010 demand forecast and the dollar weakened, boosting demand for commodities.

Walmart.com wants to be the first place U.S. consumers go to when making an online purchase, and its announcement on Tuesday that it will sell health and beauty products will help it reach that goal, its chief executive officer said in an interview.

Nokia said on Tuesday that Best Buy would sell its first netbook computer for $299 to customers who sign up for a $60-a-month mobile service plan with AT&T Inc.

Republican senator Olympia Snowe announced Tuesday that she will vote in favor of the Senate Finance Committee health care reform bill.

Country ingenue Taylor Swift and dead pop star Michael Jackson led the contenders for the 37th annual American Music Awards, and will both vie for the artist of the year prize, organizers said on Tuesday.

If emotions are getting the better of you while trading online, The Rationalizer may be just the thing to tell you when it's time to take a break.

Project Runway star Heidi Klum has given birth to her fourth child, a baby girl, her representatives said on Tuesday.

Two prospective jurors who wrote comments about wrongdoing and bending the rules on Wall Street were rejected by a U.S. judge on Tuesday for the trial of two former Bear Stearns Cos hedge fund managers on fraud charges.

PepsiCo has sent out an apology via Twitter to those who may be offended by its new iPhone application, Amp Up Before You Score, which received complains for being insensitive towards women.

U.S. stocks weakened on Tuesday as disappointing sales from Johnson & Johnson stirred jitters about the strength of earnings, threatening to break the S&P 500's six-day winning streak.

Crude oil rose to a seven-week high above $74 a barrel on Tuesday after OPEC raised its 2010 demand forecast and the dollar weakened, boosting demand for commodities.

U.S. retail gasoline demand last week rose 2.8 percent from the same period last year, but dropped 2.4 percent week-on-week, according to a MasterCard SpendingPulse report released on Tuesday.

British entrepreneur James Dyson, who famously brought sex appeal to the lowly household vacuum cleaner, is back with another high-tech invention: but does the world really need a $300 room fan?

President Barack Obama remains committed to ending unfair loopholes and tax breaks for international corporations, but congressional tax writers and others doubt that will happen without broader reforms, such as cutting the top corporate tax rate.

Procter & Gamble Co will introduce more value-priced items, increase its focus on emerging markets and take other steps to ensure growth after a difficult year, its top executives said on Tuesday.