China and U.S. try to jumpstart stalled climate talks
World leaders tried to inject momentum into climate change talks on Tuesday but new proposals by China and a rallying cry from U.S. President Barack Obama did little to break a United Nations deadlock. Read Full Article here.
Fed starts meeting, seen noting improving economy
The Federal Reserve opened a two-day meeting on Tuesday that was expected to end with a recognition the U.S. economy is on the mend, but no hint of an imminent monetary policy shift. Read Full Article here.
BofA to provide more documents in Congress probe
Bank of America has agreed to turn over more documents to a congressional probe of its purchase of troubled investment bank Merrill Lynch, although some company material remains under wraps for now, a senior lawmaker said on Tuesday. Read Full Article here.
Rep. Frank plans key changes to consumer agency
U.S. lawmaker Barney Frank is making key changes to the White House plan for an agency to protect consumers from risky financial products, according to a congressional document obtained by Reuters on Tuesday. Read Full Article here.
Recovery bets lift Wall Street
Stocks rose on Tuesday, as investors bet the U.S. Federal Reserve will stick to its accommodative policy to foster economic recovery, boosting growth-sensitive sectors such as financials, technology and industrials. Read Full Article here.
Authors seek delay in Google books settlement
Authors and publishers asked a U.S. judge on Tuesday to delay a hearing on whether to approve a controversial settlement that would allow Google Inc to create a massive online digital library. Read Full Article here.
GM restores 3,000 jobs, prepares to raise output
General Motors Co said on Tuesday it planned to restore about 3,000 jobs at U.S. assembly plants and related facilities and is getting set to raise North American production by up to 45 percent next year. Read Full Article here.
Boeing 787 delays cast hard light on outsourcing
Commercial airline customers are accustomed to flight delays -- but two years? Read Full Article here.
AIG shares fall on talk of secondary offering
merican International Group Inc's shares fell 5.4 percent on Tuesday after speculation that the insurer was planning to sell shares, two portfolio managers said. Read Full Article here.