BUSINESS

The top after-market NYSE gainers Tuesday were Banco Santander Brasil, Actuant Corp, Allison Transmission, Mueller Water Products and Forest Oil Corp. The top after-market NYSE losers were hhgregg, Best Buy Co, Hovnanian Enterprises, Goldcorp and SandRidge Mississippian Trust.

Most Asian markets fell Wednesday amid investor concerns about the euro zone?s debt burden to worsen global economic downturn.

After releasing the source code for the Verizon variant of the Galaxy S3, the manufacturer is reportedly going to offer a developer edition of the Android 4.0 Ice Cream Sandwich smartphone on the same carrier. The device would feature an unlockable bootloader, allowing developers and enthusiasts to tinker around on their devices.

In another triumph of digital medial over legacy media, Buzzmedia said Tuesday that it would buy Spin Media LLC, the 27-year-old music magazine that chronicled the rise of alternative rock in the 1990s.

American businessman Christopher Cox banged up a $31 million 1962 Ferrari 250 GTO in an accident near Le Mans, France, that left his wife with a broken leg, reports said Tuesday.

The U.S. is currently in a recessionary cycle and, no matter what they say, there's nothing policymakers can do to stop that. That's according to Lakshman Achuthan, co-founder of the Economic Cycle Research Institute.

Penny Arcade is hoping a successful Kickstarter campaign will give its users a better experience.

It's common knowledge that parking in New York is a miserable experience. Finding spots can be frustrating, parking is expensive, street-side parking notices are inscrutable and you have to move your car often.

Tonee Walker, the 22-year-old Buxom Bandit who held up a gas station in Australia, has turned herself in to police. Walker gained the Buxom Bandit nickname by taking down the gas station while wearing a low-cut top and showing off her larger-than-life breasts.

Research in Motion CEO Thorsten Heins has been saying the same thing for weeks: Pay no attention to the man behind that curtain. Despite massive layoffs, dramatic drop-offs in market share and a rapidly decaying portfolio for investors, Heins firmly believes that RIM's best is yet to come.

British industrial data released Tuesday, while a slight improvement over the previous month's figures, can't hide the fact that the economy is still weak, experts say.

The tenants at Fred Wigg filed a lawsuit to prevent the installation, citing, among other things, that they themselves would become the target of terrorists.

Rausing is believed to have died of a drug overdose.

Six months after the mass recall that left headache and migraine sufferers at a loss for a cure, Excedrin is still not on the market officially but many have turned to the black market, as Excedrin has been seen for sale on consumer-to-consumer website eBay for $150. However, Novartis said it is working very hard to return products to store shelves and has plans to restart production on a line-by-line, product-by-product basis by the ?second half of the year.?

The late King Hussein of Jordan titled his autobiography ?Uneasy Lies the Head.? That could be the title Thorsten Heins, CEO of Research in Motion (Nasdaq: RIMM), the ailing BlackBerry developer, could use for his book, too.

Lady Gaga finally launched her social media platform after months of beta testing.

Italian Prime Minister Mario Monti told reporters Tuesday that Italy won't need a Greek-style bailout, but said the country may need to tap into the European Stability Mechanism (ESM), Europe's all-purpose bailout bucket, asking the fund to subsidize sovereign borrowing by buying Italian government bonds.

The world's top three jet engine makers are accelerating their research and development (R&D) efforts to cash in on a booming global aviation market.

Nintendo, Microsoft and Sony are all competing in the race to develop the most dominant brand of next-generation gaming consoles. Nintendo?s upcoming Wii U is the first of the rivaling systems to be launched, with a release date of November 2012 expected for the Wii successor.

Five months after its unveiling in early February, Apple is finally ready to release its next-gen operating system for the Mac. On Monday, the company released the golden master of OS 10.8 Mountain Lion to developers so they can begin submitting their Mountain Lion apps before the platform launches on the Mac App Store later this month for $19.99.

Unemployment in advanced economies will remain high until at least the end of 2013, with youth and the low-skilled hurt most by the weakest economic recovery in the past four decades, the Organization for Economic Co-operation and Development (OECD) said Tuesday.

Comcast Corp. (CMCSA) is shedding its stake in A&E Television Networks for $3.03 billion to its joint-venture partners Walt Disney Co. (DIS) and Hearst Corp.

Five more companies, including Hewlett-Packard Co. (NYSE: HPQ), the No. 1 computer maker, have left the controversial American Legislative Exchange Council (ALEC) since the Feb. 26 killing of Trayvon Martin, 17, in Sanford, Fla.

Boeing Co. (NYSE: BA), the largest U.S. aerospace manufacturer, said Tuesday it had reached a deal with Kuwaiti airplane leasing company ALAFCO to sell 20 Boeing 737 aircraft valued at $1.9 billion, its second big deal at the Farnborough Airshow in England.

Two science papers published July 8, 2012, disprove a major claim made by NASA-funded scientists that a new form of bacterial life that thrives on arsenic was discovered.

Now that its legal dispute with Proview Technology over the iPad trademark is done and settled, Apple is free to sell the world's most popular tablet in the world's biggest market: China. And that's exactly what the company plans to do. Apple's new iPad, or the iPad 3, will finally be released to Apple Stores in China on Friday, July 20.

In a survey of 500 financial service workers in the UK and U.S., a quarter said they would need to engage in illegal conduct to be successful, while 16 percent said they would commit a crime - insider trading - if they could get away with it.

In the event Park Geun-hye becomes president, she will be the first woman leader of the country, an unprecedented event in the region (neighbors China and Japan have never had a female as head of state, either).

A newly discovered Microsoft patent filed in 2012 seems to confirm some of the details leaked last month about the company?s next-generation gaming console. The Xbox ?720,? also known as Project Durango, may have separate CPUS: one that runs games and another that runs applications.