BUSINESS

Fisker Automotive Inc. is in a bad place right now, running out of money, recalling its hybrid-electric Karma luxury cars because they burst into flames and shuffling around executives faster than a losing team substitutes pitchers; it's hard to find a bright patch for the company that isn't on fire.

Since Google announced its Android 4.1 Jelly Bean upgrade, endless leaks have surfaced throughout the Internet. However, the most recent alleged leak to appear allows users to install the Jelly Bean software on Samsung?s Galaxy S3, the company?s flagship smartphone of 2012.

?Nothing short of the prime minister?s resignation will satisfy us,? said senior BJP official Yashwant Sinha.

The daily deals website Groupon Inc. (Nasdaq: GRPN) suffered another blow Tuesday as Barclays Capital (London: BARC) downgraded the company, citing a move towards lower margin sales.

Microsoft?s Windows 8 is set for a release date this October, and as the summer comes to a close more information about the next-generation operating system has begun to leak. The newest bit of information concerns the higher-end version of the software, known as Windows 8 Pro.

Siemens AG (NYSE: SI), Europe?s largest engineering company, is in early internal talks to slash thousands of jobs after posting quarterly results that came in sharply below analysts? estimates, a German newspaper reported Tuesday.

Best Buy Co. (NYSE: BBY) is not having a good week.

The Instacube, which launched on Kickstarter Tuesday morning, is the solution for Instagram users that want enjoy their photos in more casual way. Now, anyone can passively view their Instagram feeds in their living rooms, on their work desks, or on their nightstands. They're party centerpieces, and a great way to immediately display photos being taken at that very party. It's the only way to share photos with a crowd of people; its viewfinder is far superior to that of an iPhone.

The Apple stock (AAPL) has emerged a market favorite ahead of the September 12 event, cited to be the probable launch date for next-generation iPhone, iPhone 5 and iPad Mini. Witnessing a huge rally for the last few days, the stock closed August 20 at an all-time high of $665.15 resulting in a market capitalization value of $665.15 billion.

Glencore International PLC (LON: GLEN), a commodity trading company based in Baar, Switzerland, has said it is prepared to bow out of talks to buy Xstrata PLC (LON: XTA) rather than give in to a demand for more money from a major shareholder of the giant mining company.

News of the Paypal co-founder's exit comes a day after several of Groupon Inc's [NASDAQ: GRPN] largest early investors sold their stock in the troubled online voucher site.

Infosys Technologies, India's IT services major got a major reprieve on Monday, as an Alabama judge dismissed a whistleblower harassment case against it, but second similar case and criminal probe on Visa fraud against the company remains.

Urban Outfitters, China Unicom, Nokia Corp, Deutsche Bank, Unilever, Frontline, Groupon and Cummins Inc. are among the companies whose shares are moving in the pre-market trading Tuesday.

India's retail inflation rate dropped marginally to 9.86 percent in July from 9.93 percent recorded in June, according to the data released by the Ministry of Statistics and Program Implementation.

The real estate erosion has gone global. Home prices are down in 12 of 21 countries tracked by the Economist on an annual basis in July, and five additional countries experienced slower growth.

While some may see the made-for-television national political conventions as a colossal waste of time and money, analysts have been busy crunching numbers to figure out which way these carefully choreographed productions will impact the stock market.

Dell is scheduled to report second-quarter results Tuesday below last year?s. For the first time, the company founded by Chairman Michael S. Dell nearly 30 years ago in a dorm room will be ranked No. 3 in PC sales, having lost its No. 2 ranking last quarter to China?s Lenovo Group.

This past weekend's Pebble Beach Concours d'Elegance and the Monterey Car Week brought out the world's top classic car collectors like Jay Leno, auction houses like RM Auctions and Gooding & Co. and luxury brands from Rolls-Royce to Ferrari to Lamborghini for a week of cars, money and society along California's Pacific coastline.

India's leading carmaker Maruti Suzuki Tuesday reopened its Manesar plant amid tight security, a month after it was shutdown following violence by a section of the workers.

Asian stock markets were mixed Tuesday as investors await the minutes of the Federal Open Market Committee (FOMC) and the outcome of the European leaders' discussions about the sovereign debt crisis in the region later this week.

European markets rose Tuesday as investors were hopeful that the European Central Bank (ECB) would soon announce stimulus measures to rejuvenate the faltering economy of the euro zone and regain the growth momentum.

The top after-market NYSE gainers Monday were AM Castle, BPZ Resources, Fabrinet, Centene Corp and General Cable Corp. The top after-market NYSE losers were AK Steel Holding, Quiksilver, IAMGOLD Corp, Oasis Petroleum and NRG Energy.

Many reports came up with a number of leaked iPhone 5 parts from different sources. While majority of them looked quite convincing, there are people, who are still doubtful about the legitimacy of those parts, claimed to be of the new iPhone. iResQ, a Kansas-based Apple certified repair shop took newly leaked headphone jack/docking port assembly and placed it in a rear shell, claimed to be of the iPhone 5.

Most of the Asian markets rose Tuesday as investors maintained hopes about monetary easing measures from policymakers around the world to tackle the weakening of the global economic growth.

Apple Inc's market value climbed past $623 billion on Monday, surpassing the record set by Microsoft Corp during the heyday of technology stocks in 1999.

Asian shares edged up Tuesday as investors held on to hopes the European Central Bank will act to soothe borrowing costs, even as officials denied a report about the shape of its planned bond buying strategy.

Germany's central bank warned Monday that Europe's biggest economy could be stressed by the continent's endless financial crisis, with signs of a slowdown building even as it is being relied on ever more to prop up its neighbors

According to the New York Observer, three more writers have been cut from the Village Voice's already-skeletal staff, while one full-time editor was reduced to part-time status.

Samsung?s Galaxy Note 2 is catered towards those who look to create and consume media content, and the Korea-based manufacturer is certainly stressing that point in its advertising campaign. The successor to the original ?phablet? device is reportedly set for a release date on August 29, and as that date draws near more information on the device seems to emerge.