BUSINESS

Gulf Coast shrimp processors are asking a federal judge to delay final approval of the $7.8 billion settlement between BP and third-party claimants over the 2010 Gulf oil spill.

European and U.S. stocks rose Tuesday as a negative sentiment the day before gave way to an upbeat, risk-on sentiment, despite weak economic news from the United States.

Hospitals would be crushed from the cost of caring for uninsured Americans if the U.S. Supreme Court overturns the health care reform mandate, which requires that most people obtain coverage, Moody's Investor Service said.

Hedge fund manager Philip Falcone will face a united front when negotiating with key investors that own bank debt sold by LightSquared, the money-losing wireless telecom company controlled by his fund.

Apple Inc. (Nasdaq: AAPL), the world's most valuable technology company, reported second-quarter financial results that blew past analyst expectations.

The Dow and the S&P 500 rose on Tuesday after strong earnings and upbeat outlooks from big manufacturers like 3M Co , but Apple's slide ahead of its results drove the Nasdaq down.

Ted Nugent made a deal with federal prosecutors on charges he illegally killed a bear in Alaska for his reality show and will now have to pay a $10,000 fine and make a public service announcement about responsible hunting that will appear on the show.

Ford Motor Co. (NYSE: F) won back its investment-grade credit rating Tuesday from Fitch Ratings on the automaker's significantly improved financial performance, balance sheet repair and product portfolio improvement.

Over the past three decades, South Korea has catapulted itself from Third World-caliber poverty to becoming a technologically superior economic powerhouse.

Embattled Wal-Mart vice chairman Eduardo Castro-Wright has resigned from the board of MetLife, the largest life insurer in the United States, the company said on Tuesday.

At the Beijing Auto Show on Monday Lamborghini unveiled their first sports utility vehicle (SUV) in almost 20 years, the Urus, which will cost $200,000 and likely be available for purchase in 2015. Research and development director Maurizio Reggiani revealed details and specs regarding the new model in an interview with Automobile Magazine. Check out the interview and photos of the car here.

The thrill of walking in the footsteps of Roald Amundsen and Robert Falcon Scott has put Antarctica back on the tourist map this year.

There's been a lot of hype surrounding the next Call of Duty title, which is said to be a follow-up to 2010's widely popular Black Ops. However, recent leak indicates that Treyarch may have something different up its sleeve.

The Dow and the S&P 500 rose on Tuesday after strong earnings from big manufacturers and AT&T, but the Nasdaq fell with Apple and other large-cap tech companies.

Caterpillar Inc. (NYSE: CAT), the world's largest maker of construction and mining equipment, is expected to report strong first-quarter profit on mining company demands and consumers' need to replace aging equipment.

Assuming the $77 billion initial public offering by Facebook is approved, investors will likely clamor for shares just as in earlier web frenzies for Netscape Communications, Yahoo (Nasdaq: YHOO) and Google (Nasdaq: GOOG).. But dangers loom.

Sen. Chuck Schumer said if the U.S. Supreme Court upholds the Arizona immigration law known as S.B. 1070, he will introduce a bill to let Congress block it.

However, Ottawa will keep in place a ban on any arms trade with Myanmar.

Newcrest Mining, the world's No.3 gold miner, on Tuesday cut its production forecast for this year, saying its major projects had struggled to reach output targets.

Argentina added to its gold reserves for the first time in nearly six years in September 2011 as the price hit record highs, mirroring the trend among emerging central banks to diversify further from paper currencies such as the U.S. dollar.

Much has been made over the new Lamborghini SUV Urus concept revealed the other day at the 2012 Beijing Motor Show, and it certainly is a striking concept that has fairly successfully merged two seemingly diametrically opposed design aesthetics, that of Lamborghini's low-slung, aggressive supercars and the beloved-by-footballers-and-rap-stars luxury SUV. And the merger makes good business as well as style sense.

B. Robert Williamson, portfolio manager at Chilton Investment Co., was found dead in his car Sunday in North Carolina. He was 55.

The first criminal charges stemming from the BP Deepwater Horizon disaster have led to the arrest of a former BP engineer for obstruction of justice.

A former BP Plc engineer was arrested and charged on Tuesday with trying to destroy evidence related to how much oil was spilling from the company's broken well in the Gulf of Mexico in April of 2010, the U.S. Justice Department said.

The fuel sector probe -- which will be discussed in a live televised parliamentary session -- uncovered a litany of abuses, including allegations that fifteen oil importers collected more than $300 million without delivering a single drop of oil.

A former BP Engineer is the first to be charged in the Deepwater Horizon disaster of 2010. Kurt Mix, of Katy, TX, has been arrested and accused of deleting text messages detailing how much oil was gushing into the Gulf of Mexico.

The Philippines wants to develop a natural gas field in a disputed area of the South China Sea that is also claimed by China.

A high-profile protest by Chinese villagers against the alleged corruption of local officials has produced a result: Two former village officials from Wukan, near Hong Kong, have been expelled from the ruling Communist Party and ordered to return stolen funds.

The futures regulator has the power to go after top executives who aid and abet violations by their companies, said Jill Sommers, who is heading up the Commodity Futures Trading Commission's probe into bankrupt brokerage MF Global.