IBT Staff Reporter

Taser International said it received a contract from a U.S. federal law enforcement agency for its stun guns and related accessories, sending its shares up 7 percent. The contract with the U.S. Customs and Border Protection (CBP) for its X26 electronic control devices can potentially extend for a five-year period, the company said.

Bento, the database application for Mac OS X, was updated to version 3 on Tuesday, bringing new features of iPhoto integration, security options, multi-user sharing and more.

U.S. stocks fell slightly on Tuesday after data on consumer confidence and home prices gave a mixed picture of the economy.

Honduras' de facto government came under mounting pressure on Tuesday to restore civil liberties and negotiate an end to a three-month crisis sparked when President Manuel Zelaya was toppled in a coup.

The four cities bidding for the prize honor of hosting the 2016 Summer Olympics began three intensive days of lobbying on Tuesday with the Obama factor looming large ahead of Friday's vote by the IOC.

Jolt Co Inc, maker of the famous Jolt Cola energy drink, filed for bankruptcy protection in a Manhattan court on Monday, after a dispute with drinks can maker Rexam.

U.S. chief executives are not ready to step up hiring or capital spending, though a majority expect sales to rise over the next six months, according to a Business Roundtable survey released on Tuesday.

U.S. chief executives are not ready to step up hiring or capital spending, though a majority expect sales to rise over the next six months, according to a Business Roundtable survey released on Tuesday.

Sarah Palin, last year's Republican vice-presidential candidate who became a figure of global fascination, is to release her memoir just four months after her book deal was announced.

The Afghan-born man at the center of a U.S. anti-terrorism probe pleaded not guilty on Tuesday to conspiring to set off a bomb in the United States, and a federal judge ordered him held without bail.

Dallas Federal Reserve President Richard Fisher said on Tuesday that the winding down of the Fed's accommodative monetary policies needed to start as soon as the economy shows convincing signs of traction.

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.

The U.S. Army Corps of Engineers has awarded an $81 million contract to a Florida company to build a road bridge that will help restore fresh water flows in Everglades National Park, nourishing its ecosystem.

Another dip in expected deliveries of Airbus's A380 superjumbo knocked shares in parent company EADS on Tuesday, reminding investors of the challenges still facing Europe's largest industrial venture.

Toyota Motor Corp (7203.T) plans to consolidate purchases of resin materials among group firms to cut costs and strengthen its bargaining power, the Nikkei business daily reported.

Businesses relying on consumers, which make up the vast majority of U.S. economic activity, may have to tread cautiously in the coming holiday season, as results of a new household survey are seen as “not very encouraging news.”

A unit of Navistar International Corp (NAV.N) and China's Jianghuai Automobile (600418.SS) plan to set up a 50-50 truck venture with investment of at least 2 billion yuan ($293 million), Jianghuai said on Tuesday.

China's Ministry of Commerce has approved plans by General Motors Co [GM.UL] to acquire certain assets of bankrupt Delphi Corp (DPHIQ.PK), Xinhua, the country's official news agency, reported on Tuesday.

U.S. auto sales likely fell in September back to the nearly three-decade lows of early 2009 without government incentives to spur buying, leaving in doubt the timing and pace of a recovery for the battered industry.

Africa's biggest transport and logistics group Imperial Holdings Ltd (IPLJ.J) said on Tuesday it had agreed to buy a 56 percent stake in auto part retailer Midas Group.

JPMorgan Chase & Co Chief Executive Jamie Dimon said on Tuesday he is starting to look for a successor, and he named Jes Staley, current head of the No. 2 U.S. bank's asset management unit, to the key post of investment bank CEO.

Oil rose above $67 a barrel on Tuesday, with support coming from the dollar's fall in response to U.S. data showing weak consumer confidence.

German industrial conglomerate Siemens said its order intake fell more than a fifth in its fiscal fourth quarter through September, indicating that recovery is not yet underway.

U.S. banking regulators proposed on Tuesday that banks prepay three years of fees to help cover the rising cost of bank failures, facing a $100-billion cleanup bill through 2013.

Walgreen Co , the largest U.S. drugstore chain, reported a quarterly profit that topped expectations as it began to benefit from a make-over that includes sprucing up stores and cutting corporate jobs, sending its shares 11 percent higher.

U.S. stocks traded slightly lower on Tuesday after mixed economic data on consumer confidence and home prices.

The following are some of the major companies planning initial public offerings on the Hong Kong stock exchange.

Newegg Inc, a venture-capital backed online retailer of computer hardware and software, plans to raise up to $175 million in an initial public offering, according to a regulatory filing.

U.S. bank regulators are expected to propose on Tuesday that banks prepay three years of regular assessments to replenish the dwindling deposit insurance fund, according to a source familiar with the matter.