IBT Staff Reporter

The world's top cellphone maker Nokia said on Tuesday more than 1 million of its Ovi email accounts had been opened since the service started in December last year.

The value of U.S. homes fell by 12.1 percent in the second quarter from a year earlier, but the rate of decline shrank for the first time since prices began to fall in 2007, real estate website Zillow.com said on Tuesday.

After relying on a pacemaker for 20 years, Carol Kasyjanski has become the first American recipient of a wireless pacemaker that allows her doctor to monitor her health from afar -- over the Internet.

The dollar snapped three days of gains against a basket of currencies on Tuesday as investors await a Federal Reserve policy statement and debate whether strong U.S. data will support the currency going forward.

Huron Consulting Group Inc , whose shares plunged in the wake of an accounting scandal, said it is being investigated by the U.S. Securities and Exchange Commission for acquisition-related payments and will delay filing its latest quarterly report.

The U.S. and Mexican governments are probing a scheme to steal millions of dollars worth of crude oil and refined products from Mexico's state-owned oil company and sell it to U.S. refiners, a U.S. official said on Monday.

U.S. non-farm productivity in the second quarter rose at its fastest pace in six years as companies slashed costs to protect profits, government data showed on Tuesday.

Renewable energy leaders on Monday said the United States is moving too slowly to turn the economy green, despite support of the administration of President Barack Obama.

U.S. non-farm productivity in the second quarter rose at its fastest pace in six years as companies slashed costs to protect profits, government data showed on Tuesday.

U.S. non-farm productivity in the second quarter rose at its fastest pace in six years as hours worked fell much steeper than output, while the cost of labor fell at the quickest rate in nine years, data showed on Tuesday.

Stock index futures pointed to a lower open on Tuesday ahead of key data on productivity and labor costs, and before the Federal Reserve kicks off a policy meeting.

Oil prices pushed above $71 a barrel on Tuesday, spurred by record fuel imports to the world's second biggest energy user China, but the market was cautious ahead of the next set of supply and demand data.

Britain's Resolution , an acquisitions vehicle founded by tycoon Clive Cowdery, clinched the first of a hoped-for trio of deals with the 1.86 billion pound ($3.1 billion) takeover of insurer Friends Provident .

Anglo-Australian miner Rio Tinto said on Tuesday it had yet to be presented with any evidence to support the detention of four of its China-based staff on suspicions of stealing state secrets.

The Treasury Department should consider expanding programs to cleanse troubled assets from bank balance sheets if current efforts fail to restart markets or if economic conditions worsen, a U.S. bailout watchdog panel said on Tuesday.

Troubled lender CIT Group Inc said on Tuesday it has delayed filing its second-quarter report with regulators and said if it could not complete its debt tender or arrange other financing, it would file for bankruptcy.

Troubled lender CIT Group Inc said on Tuesday it has delayed filing its second-quarter report with regulators and said if it could not complete its debt tender or arrange other financing, it would file for bankruptcy.

Stock index futures pointed to a flat open on Tuesday ahead of key data on productivity and labor costs, and before the Federal Reserve kicks off a policy meeting.

Facebook, the world's largest social networking site, said it will buy FriendFeed, netting a group of prized ex-Google engineers in the fast-growing Internet business.

The Treasury Department should consider expanding programs to cleanse troubled assets from bank balance sheets if current efforts fail to restart markets or if economic conditions worsen, a U.S. bailout watchdog panel said on Tuesday.

Oil prices crept up toward $71 a barrel on Tuesday, spurred by record fuel imports to the world's second biggest energy user China, but the market was cautious ahead of the next sets of supply and demand data.

Britain's Resolution , an acquisitions vehicle founded by entrepreneur Clive Cowdery, clinched its first deal on Tuesday with the 1.86 billion pound ($3.1 billion) takeover of insurer Friends Provident .

Adecco, the world's largest staffing group, said on Tuesday it had still not seen any recovery in its main European and U.S. markets and launched a new round of cost-cutting to protect profitability after a sharp drop in sales in the second quarter.

InterContinental Hotels, the world's biggest hotelier, said a recovery for the industry might be two years away after reporting first-half profit that fell but beat forecasts.

Futures for the Dow Jones industrial average, S&P 500 and Nasdaq 100 rose 0.2-0.3 percent, pointing to a firmer start on Wall Street on Tuesday.

Adecco, the world's largest staffing company, missed forecasts with a second-quarter loss as one-off charges weighed, and said it was buying the UK's Spring Group to boost its professional staffing business.

The value of U.S. homes fell by 12.1 percent in the second quarter from a year earlier, but the rate of decline shrank for the first time since prices began to fall in 2007, real estate website Zillow.com said on Tuesday.

World stocks ticked slightly higher on Tuesday and Japan's Nikkei hit a 10-month closing high despite disappointing Chinese data that drove up the yen.

The total value of distressed-debt deals, where creditors use their debt positions to take ownership of troubled companies, has touched $84.4 billion this year, the Wall Street Journal said, at a pace close to double that of 2008.