SEC mulls securities lending as risks exposed
U.S. securities regulators are eyeing new restrictions on the multi-trillion dollar securities lending market used by short-sellers after the credit crisis revealed the industry was anything but low risk.
Oil falls, U.S. consumer confidence, demand weigh
Oil prices fell slightly on Tuesday as U.S. consumer confidence data weighed on markets and the government revised downward U.S. demand for July.
New Ecuadorean judge named to hear Chevron case
A court in the Ecuadorean jungle region where giant U.S. oil producer Chevron Corp faces a $27 billion environmental damages suit has named a new judge to hear the case, after the previous one quit amid a bribery scandal.
Air fare sales hint at weak winter travel demand
U.S. airlines have slashed capacity, and recession-battered demand is showing signs of returning, but carriers like Southwest Airlines may scramble to fill planes this winter with big fare discounts, a fare expert said on Tuesday.
Cigarette makers plan U.S. Supreme Court appeal
Jonathan Stempel
Kate plus eight: new name for show without Jon
TLC on Tuesday announced the show previously called Jon and Kate plus eight will from November carry the name Kate plus eight.
UPDATE 2-Danone says not holding talks with Mead Johnson
French food group Danone said on Tuesday that it was not holding talks with U.S. paediatrics formula maker Mead Johnson and was not seeking any advice on the issue.
UPDATE 1-Accretive Health aims for $200 mln IPO
Accretive Health Inc AH.N, a provider of technology and services aimed at helping hospitals manage their revenue cycles, plans to raise as much as $200 million in an initial public offering, according to a prospectus filed with U.S. regulators.
Survey shows signs of global trade recovery - HSBC
A survey of small and mid-sized companies in 12 major global markets showed growing confidence in the state of global trade, Europe's biggest bank, HSBC, said on Tuesday.
U.S. Sen. Dodd urges plan to create super bank cop
A top U.S. senator said on Tuesday that he is moving forward with his effort to consolidate bank supervision into a single federal regulator, despite criticism from current bank regulators who do not want to lose their authorities.
US gasoline demand up 0.9 pct last week-MasterCard
U.S. retail gasoline demand rose 0.9 percent last week compared with the previous week, according to a MasterCard SpendingPulse report released on Tuesday.
Wall Street dips as confidence data tempers optimism
U.S. stocks slipped on Tuesday as a surprise drop in a gauge of consumer confidence offset signs of stabilization in housing and Walgreen Co's stronger-than-expected profit.
Home prices stabilizing but wariness remains
Home prices fell at a slower rate in July, continuing a six month trend earlier in 2009, but concerns about longer term stability remain, according to the latest report of the S&P Case Schiller Home Price Indices.
7.9 magnitude quake sparks tsunami warning for New Zealand
A tsunami warning was issued for New Zealand and other small Pacific islands after a major 7.9 magnitude quake struck in the ocean off American Samoa, U.S. government agencies said on Tuesday.
Panasonic gets conditional EU okay for Sanyo buy
Japanese electronics maker Panasonic Corp on Tuesday gained approval from European Union antitrust regulators to acquire rival Sanyo Electric Co Ltd on condition it sheds some units.
No truth to CIT-IndyMac merger talk: source
CIT Group Inc shares surged on Tuesday following a newspaper report that hedge fund Paulson & Co wants to combine the cash-strapped lender with a Paulson-affiliated bank once known as IndyMac. But a person familiar with the matter denied the report.
Jon Gosselin not fired but TLC confirms Kate Plus Eight
TLC network made a major change and has decided to air Kate Plus 8. Although the network is not completely cutting its exclusive relationship with Jon Gosselin, from now on the soon to be ex-husband of Kate would be appearing less often in the show.
Warner, YouTube confirm music video deal
Warner Music Group and Google Inc's YouTube said on Tuesday they have reached a deal which will see music videos from artists such as Madonna and Green Day once again feature on the popular website.
SEC told to aggressively assess tips after Madoff
After dismissing complaints that might have uncovered investor Bernard Madoff's $65 billion fraud, experienced U.S. Securities and Exchange Commission staffers must have a procedure in place to review tips and complaints, the SEC's internal watchdog said on Tuesday.
U.S. wants banks to prepay fees to meet failure costs
U.S. banking regulators proposed on Tuesday that banks prepay three years of fees to help cover the rising cost of bank failures, now put at $100 billion through 2013.
Coming soon to the small screen: TV in 3D
You've seen movies in 3D. Now, how about your favorite TV series?
Panasonic gets conditional EU okay to buy Sanyo
Japanese electronics maker Panasonic Corp gained conditional approval from European Union antitrust regulators on Tuesday for its bid to acquire smaller rival Sanyo Electric Co Ltd .
Related Cos has bid on Corus Bank assets - source
Real estate developer Stephen Ross's Related Cos is among the bidders for the assets of failed Corus Bank, a source familiar with the matter said on Tuesday.
UPDATE 1-Goodyear union contract saves $215 mln over 4-yrs
Goodyear Tire & Rubber Co expects to save $215 million under a four-year contract with the United Steelworkers union that the company said on Tuesday gives it flexibility to change schedules, work rules and adjust the size of the workforce.
U.S. mortgage rates stay at May low: Freddie
U.S. mortgage rates held at their lowest level since late May in the latest week, low enough to continue to spur home loan demand and help the hard-hit U.S. housing market recover.
UPDATE 1-Bon-Ton to operate jewelry departments at its stores
Apparel and home-furnishings retailer Bon-Ton Stores Inc said it will start operating jewelry departments, earlier licensed to bankrupt jeweler Finlay Fine Jewelry Corp, at 86 of its nameplate stores in late October.
Northrop says US gave Boeing edge in tanker tussle
Northrop Grumman said the U.S. government had given rival Boeing a fundamentally unfair edge in their renewed battle for a potential $50 billion contract to build aerial tankers.
Pick 'n' Pay sees FY profit up to 15 pct higher
Africa's second-biggest grocer Pick 'n' Pay Holdings Ltd said on Tuesday it expects to report an 8-15 percent rise in full year headline earnings per share, sending its shares down more than 4 percent.
Coke, bottler to launch campaign against soda tax-paper
Coca-Cola Co and its largest independent bottler, Coca-Cola Enterprises Inc, are teaming up on an ad campaign against a possible U.S. tax on soft drinks, according to the Atlanta Journal Constitution.
RailAmerica IPO to price in October
RailAmerica Inc, which owns and operates short-line and regional freight railroads in North America, has set the terms for its planned initial public offering, which is scheduled for October.