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Third-quarter growth cut on weak inventories

The U.S. economy grew more slowly than previously estimated in the third quarter, but a drawing down of stocks held by companies and firm consumer spending suggested output would pick up in late 2011.

Investors, Still Fixated on EU, Sell for Fifth Day

Stocks fell for a fifth day in a row on Tuesday, having lost more than 5 percent over that period as borrowing costs in Spain hit another record high.

BREAKING: FCC Chairman Calls for Hearing on AT&T, T-Mobile Deal

The chairman of the Federal Communications Commission plans to seek an administrative hearing on AT&T's proposed $39 billion deal to acquire T-Mobile USA.

UC Davis Pepper Spraying: Anonymous Goes After Lt. Pike [VIDEO]

In response to Lt. Pike's pepper spray attack on UC Davis students, international hackers Anonymous has posted a video threatening they will make you [Pike] squeal and releasing his personal information online. Some have applauded Anonymous' actions (watch video here) as vigilante justice, but others feel the attack crosses a line. YouTube has since removed the video, labeling it as hate speech.

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U.S. Republican presidential candidate Mitt Romney

Democrats Say Romney's First TV Spot in NH is 'Blatant Dishonesty' [VIDEO]

Mitt Romney's first television ad in New Hampshire misquotes President Obama to say, If we keep talking about the economy, we're going to lose.

Merck to pay about $950 million to settle U.S. Vioxx charge

Merck & Co will pay roughly $950 million to settle criminal and civil charges that it promoted the painkiller Vioxx for an unapproved use, the U.S. Justice Department said on Tuesday.

Coalition of Tech Giants Pull Support of Online Piracy Bill

Microsoft, Apple, Adobe and Intel are members of the Business Software Alliance, which announced Monday that it no longer supports the Stop Online Piracy Act.

Chevron Fined $27.6 Million for Brazil Oil Leak

Brazilian officials late Monday moved to fine Chevron Corp. over an oil leak off the coast of Rio de Janeiro, but there could be more to come.

U.K. Government Minister Blasts Obama for Failures on Climate Change

The comments come ahead of a United Nations climate treaty conference in Durban, South Africa next week.

Chinese solar company losses mount but stocks soar

Chinese solar companies including Suntech Power Holdings Co Ltd, JA Solar Holdings Co Ltd and LDK Solar Co Ltd posted larger-than-expected quarterly losses and warned that the sector's bleak outlook would continue well into next year.

Campbell yet to convince Street on soup turnaround

Campbell Soup Co's efforts to turnaround its U.S. soups business have yet to convince Wall Street as it risks losing price-conscious buyers with fewer promotions and by raising prices due to high ingredient costs.

Bank profits rise as regulators fret about Europe

U.S. bank earnings reached a more than four-year high in the third quarter, but regulators are warning that the industry faces challenges that include the risk of the European debt crisis washing up on U.S. shores.

Wall Street slips on euro zone, growth worries

Stocks fell on Tuesday as record-high yields at a Spanish debt auction and a downward revision of U.S. economic growth raised concerns about the global economy.

Apple to Surpass HP as World’s Top PC Maker

Apple will displace Hewlett-Packard as the world's top PC maker in early 2012, Canalys estimates. The report lumped tablet sales in with PC sales, arguing that tablets have redefined the personal computer.

Tony Rezko Gets 10 Years in Prison

Tony Rezko, a one-time adviser to the embattled former Governor of Illinois Rod Blagojevich, has been sentenced to ten-and-a-half years in prison.

Gold Busts 4-Day Losing Streak on Safe Haven Buying

Gold prices broke a four-day losing streak Tuesday as investors worried about a possible liquidity crisis in the Eurozone sought protection for their money in the yellow metal.

Nebraska lawmakers vote to reroute pipeline

Nebraska lawmakers on Tuesday voted unanimously to reroute a controversial proposed U.S.-to-Canada oil pipeline away from an ecologically-sensitive region in the state, and the governor quickly signed the measure into law.

Ken Langone to Barack Obama: 'Businessmen and Fat Cats Need to Feel Like They're Doing Something Good'

Home Depot co-founder Ken Langone blasted President Barack Obama Tuesday morning on CNBC, where he was a guest host on Squawk Box.

U.S. Restates Nuclear Disarmament Demand for North Korea

A U.S. official emphasized that diplomatic relations between the U.S. and North Korea will not resume until the Hermit Kingdom agrees to recommit to nuclear disarmament as specified by the 2005 Six-Party-Talks.

Arkansas Football Player Garrett Uekman Dies at 19, No Cause Released Yet

Garrett Uekman, a freshman tight end in University of Arkansas was reported dead at Washington Regional Medical Center in Fayetteville on Sunday. The cause of the death is yet to be found. According to Lt. Mat Mills in the university police department, there was nothing suspicious about Uekman’s death. However, his body will be sent to Arkansas state medical examiner for an autopsy.

Beckham ends American odyssey with glittering prize

David Beckham helped lead the LA Galaxy to a coveted MLS Cup victory on Sunday with a performance that validated the former England skipper's decision to abandon Europe for a life in Los Angeles.