COMPANIES

Taking its turn in the deluge of announcements leading up to the North American International Auto Show in Detroit, Toyota on Tuesday said it would reveal two new Toyota vehicles at the January event -- the Prius c and the Plug-In Hybrid Concept.

Oracle, the biggest developer of software databases and applications, reported second-quarter results and revenues that narrowly missed analyst estimates.

Oracle's second-quarter results narrowly missed estimates for earnings and revenue.

Apple is offering free next-day shipping on the majority of its popular gadgets, including the iPhone and iPad, leading up to Christmas.

The Rockefeller Group and Mitsubishi Estate New York have purchased a Washington D.C. office building from Tishman Speyer.

The PS Vita was released in Japan on Dec. 17, and has already sold more than a quarter million units in the first two days available.

Joe Wiesenfelder doesn't blame General Motors for Saab Automobiles' bankruptcy filing. Wiesenfelder, a Cars.com analyst who has been covering the ups and downs of Saab for more than a decade, can understand the backlash, though.

As United Technologies Corp gets ready to close the biggest takeover in its history, Goodrich Corp , CEO Louis Chenevert is scouring the diversified manufacturer's portfolio for businesses to sell.

SRG Ventures has slapped Jersey Shore pint-sized star Nicole Snooki Polizzi a $7 million counterclaim, as the lawsuit between her and the licensing company heats up.

The same day Restaurant.com promoted a $25 gift card for the price of $1 offer, the Web site crashed due to high traffic volume. According to the Restaurant.com Facebook page, $25 gift certificates were being sold for only $1 using the promo code Joy for this week only beginning Tuesday. However, some users experienced an error response when logging onto the Web site.

That's what Kevin Ryan, founder and CEO of Gilt Groupe, intended to do after leading DoubleClick, the online advertising platform, to a $1.1 billion sale as CEO of the company. And in the three years following that sale, from 2005-2007, he did exactly as he'd intended. But despite Ryan's previous entrepreneurial success, he never imagined that one of the five companies he'd start would change e-commerce forever. That groundbreaking company was Gilt Groupe, a members-only website orig...

Shell confirmed the loss of 319 barrels of drilling fluids from a booster line, which is separated from the actual well bore but provides additional drilling fluids. The company has decided to temporarily abandon the well in order to make needed repairs. The source of the leak is not yet disclosed.

A British venture called Odyssey Airlines hopes to start nonstop all-business class flights from London to New York and other locations using 10 newly-ordered Bombardier CSeries passenger jets.

Shares of BlackBerry developer Research in Motion set a 52-week low of $12.73 Tuesday, continuing their plunge following its report of lower third quarter results and a disappointing fourth quarter forecast.

Facebook will sue Mark Zuckerberg, an Israeli entrepreneur who changed his name in an effort to get back at the social network.

Wall Street banks woke up to an unexpected positive surprise Tuesday after one of the financial sector's most prominent medium-sized investment banks posted results that exceeded analyst expectations, showing strength in the much-battered sector in spite of a highly volatile fourth quarter. Earnings for Jefferies Group (NYSE:JEF) were 50 percent higher than analysts had expected.

Oracle, the biggest enterprise software developer, is scheduled to report second-quarter results late Tuesday. Here are some expert tips on what to watch in the announcement.

Ekaterina Rybolovleva is a mere 22-years-old but she just dropped $88 million on a 6,744-square foot apartment at 15 Central Park West. The apartment boasts 10 rooms, including four bedrooms, a wrap-around terrace and two wood-burning fireplaces.

Olympus Corp is preparing to issue about $1.28 billion (100 billion yen) in new shares, with Japanese high-tech stalwarts Sony and Fujifilm seen as possible buyers, as it tries to bolster its depleted finances, the Nikkei business daily reported Tuesday.

Apple Inc scored a narrow victory against Taiwan's HTC Corp in a patent lawsuit over smartphone technology that will set the stage for further battles between rival makers in the fiercely competitive market.

The California-based Apple is involved with numerous patent disputes world over with smartphone makers that run Android. Recently Samsung filed new claims against Apple over patent infringements in Germany.

India could be the latest country to join a growing solar power trade dispute between the United States and China. However, the country does not look to favor either of the two sides.

The upstart wireless company that is being bankrolled by Philip Falcone's $5 billion Harbinger Capital Partners hedge fund could run out of money during the second quarter of 2012, according to the company's financial statement.

Steven Rattner, the former head of the United States auto task force, attempted to clarify remarks about the salary of United Auto Workers members that he made last Thursday in speaking before the Detroit Economic Club.

Bank of America CEO Brian Moynihan ate his words as the Charlotte, N.C.-based bank once again resorted to non-investor-friendly measures to raise capital, despite saying the bank would not take such actions.

The Dallas-based company announced Monday that after a thorough review of its options it was backing out of the $39 billion deal, thus avoiding a costly and potentially lengthy legal battle.

Nissan Motor Co. said Monday it will begin conducting a voluntary recall of more than 50,000 Sentra vehicles, fearing that a faulty positive battery terminal could stall the vehicles while in motion.

Roughly 2,600 gallons of oil have leaked off the Brazilian coast since Sunday. The spill, reported Agence France Presse, threatens an area of the country's coast line that Carlos Minc, Environment Secretary in Rio de Janiero state, called an ecological treasure.

AT&T said on Monday that it would drop its $39 billion bid to buy Deutsche Telekom's T-Mobile USA in the face of regulatory pressure.