UNITED STATES

U.S. chipmaker Micron Technology Inc posted a narrower-than-expected quarterly loss as improving demand boosted sales and prices, but its shares gave up initial gains as investors locked in profits.

Toyota Motor Corp said on Tuesday it will recall some 3.8 million vehicles in the United States because of the risk that a loose floormat could force down the accelerator, a problem suspected of causing crashes that have killed five people.

CIT Group Inc is nearing a plan that likely would hand the struggling commercial lender over to its bondholders, the Wall Street Journal reported Tuesday.

CIT Group Inc is nearing a plan that likely would hand the struggling commercial lender over to its bondholders, the Wall Street Journal reported Tuesday.

The current boom in U.S. initial public offerings does not signal a free-for-all for prospective companies, which are closely watching the mixed performance of IPOs this week and last, the head of listings at the New York Stock Exchange parent company said on Tuesday.

Microsoft Corp did not infringe a patent held by anti-piracy software maker Uniloc Inc, a federal judge ruled on Tuesday, nullifying an earlier $388 million damages award against Microsoft.

Citigroup Inc, the third largest U.S. bank, should expand its operations in China, according to a Chinese regulator cited by The Wall Street Journal on Tuesday.

U.S. chipmaker Micron Technology Inc posted a narrower-than-expected quarterly loss on Tuesday due to improved demand for memory chips, boosting its shares 3.2 percent.

Nike Inc beat quarterly profit expectations as deep cost cuts and lower taxes more than offset crumbling revenue in key markets like the United States and China, sending its shares up 4.4 percent.

Coca-Cola Co and its largest independent bottler, Coca-Cola Enterprises Inc, are mounting a campaign against a possible U.S. tax on soft drinks.

The Australian Dollar maintained its upward momentum against the Greenback during local trade yesterday, spurred on by an increase in the local equity market and the continuing news that interest rates are tipped to rise in Australia.

Fourteen people died in American Samoa on Wednesday after five tsunami waves hit the island, Reuters reported citing a local radio announcer.

U.S. bookseller Borders Group Inc said on Tuesday that it will provide free wireless Internet access in about 500 of its U.S. stores as it works to lure more consumers to its brick-and-mortar shops.

U.S. house prices rose for a third month in July, but consumer confidence fell unexpectedly in September as the worst job market in 26 years fueled worries about personal finances, private reports showed on Tuesday.

Toyota Motor announced its largest recall in the United States today of 3.8 million vehicles on a concern that removable floor mats can interfere with its accelerator and cause a crash.

Expanding broadband usage throughout the United States will require subsidies and investment in infrastructure upgrades of as much as $350 billion, a regulatory panel said on Tuesday.

Expanding broadband usage throughout the United States will require subsidies and investment in infrastructure upgrades of as much as $350 billion, a regulatory panel said on Tuesday.

Darden Restaurants Inc posted a quarterly profit above Wall Street expectations but warned that full-year profit could be at the low end of its forecast, and its shares fell 6 percent.

Toyota Motor Corp said on Tuesday it will recall some 3.8 million vehicles -- including its popular Prius hybrid -- because of the risk a floormat could keep the accelerator pedal forced down, a problem suspected in a recent fatal crash.

Stocks fell on Tuesday as a surprise drop in a gauge of consumer confidence overshadowed signs of stabilization in housing and solid earnings from Walgreen Co .

A green power building spree is on the way, and much of it will be brought to you by the same people who built the nuclear and coal-fired power plants that keep the lights on now.