BUSINESS

Prospects for global economic growth are diminishing, the OECD said Tuesday.

A reversal of the gender gap behind the wheel will likely lead to lower fatality rates, researchers say.

Hopes are running high that the record $425 million Powerball drawing could become bigger before the Wednesday night’s draw.

Nokia Corp, eBay Inc, Deutsche Bank, Carnival Plc, Facebook, Rio Tinto, Dynavax Technologies and Frontline Ltd. are among the companies whose shares are moving in pre-market trading Tuesday.

U.S. stock index futures point to a higher open Tuesday after euro zone finance ministers and the International Monetary Fund (IMF) reached a deal overnight on the financing of the second aid package to debt-laden Greece.

Thailand’s industrial output grew in October more than expected compared with its output during the same period last year, indicating an upswing in manufacturing.

The top after-market NASDAQ gainers Monday were ACADIA Pharmaceuticals Inc, China BAK Battery Inc, OSI Systems Inc, Bazaarvoice Inc and James River Coal Company. The top after-market NASDAQ losers Monday were Global-Tech Advanced Innovations Inc, Polycom Inc, Oclaro Inc and Illumina Inc.

The top after-market NYSE gainers Monday were Generac Holdlings, National Bank of Greece, Petrobras Argentina, Las Vegas Sands and Dillard's. The top after-market NYSE losers were Thor Industries, FTI Consulting, Equity Residential, Western Asset Managed Municipals Fund and Scorpio Tankers.

Food and Drug Administration officials suspended operations at the country’s largest organic peanut butter plant after a salmonella outbreak was traced to it. The shutdown of Sunland Inc.'s New Mexico factory is the first time the FDA has used new powers it was given by a 2011 food safety law.

The euro hit a one-month high Tuesday and Asian shares climbed for a seventh straight day after a Greek debt relief deal was announced.

Euro zone finance ministers and the IMF announced on Monday night that they reached a deal on an urgently needed bailout for Greece.

The migration of shopping to virtual storefronts was in full display on “Cyber Monday,” the biggest online shopping sale day of the year.

Equity Residential and AvalonBay Communities will pay $6.5 billion for U.S. apartment owner Archstone.

PNC Wealth Management’s annual Christmas Price Index estimates the cost of buying the 364 items listed in the "The Twelve Days of Christmas" carol to be $107,300.

Facebook announced on Monday that it will begin selling iTunes Store gift cards from Apple via its Gifts platform, which has still yet to officially go live.

Nintendo (PINK: NTDOY) reported sales of 400,000 units for its new Wii U console, bringing its hardware sales to more than 1 million units over the week of Black Friday.

China's new passports include watermark images of several disputed land and maritime areas. Several countries are demanding China change the passports.

Dannielynn Birkhead, the six-year-old daughter of the late Anna Nicole Smith, is following in her mother's footsteps as the newest Guess model.

'Two and a Half Men' star Angus T. Jones tells viewers to stop watching his show in a new video for a Christian website.

For our fourth-ever IBTTalks roundtable discussion, the IBTimes' technology team discussed the departure of Steven Sinofsky at Microsoft and what impact that would have on Windows 8 and the entire Windows platform.

After returning from the Thanksgiving break, market participants will face a crowded economic calendar.

A messy legal fight over the fallout from a 2002 sovereign debt restructuring came to a head last Wednesday and was expected to enter a critical phase over the next three weeks.

Violence on Black Friday 2012 was as widespread as ever, with videos of frenzied shoppers erupting into fights all over the Internet.

President Obama names SEC commissioner Elisse B. Walter as chairman of the Securities and Exchange Commission.

In honor of Cyber Monday, plenty of companies are offering incredible online deals from the best names in technology, including Apple, Google, Microsoft and Amazon.

Bank of Canada Gov. Mark Carney will become the first non-Briton to ever head the Bank of England.

Apollo is paying $2.5 billion to buy the education business of McGraw-Hill Companies.

A man, whose name has not been announced, died after a struggle with Walmart staff, who allege he stole two DVD players.

While virtually scouring the web for deals on Cyber Monday 2012, shoppers should stay alert for hackers and scams while shopping online for bargains.