MARKETS / FINANCE

U.S. stocks scored their biggest gains in a month on Tuesday after Coca-Cola led a round of strong earnings and as concerns about Europe's debt crisis eased as Spanish bond yields fell.

Warren Buffett, the chairman of Berkshire-Hathaway, has revealed that he has been diagnosed with prostate cancer.

Yahoo Inc reported a modest uptick in first-quarter revenue and beat Wall Street's profit targets, as the Web company moves to revamp its growth under new Chief Executive Scott Thompson.

Goldman Sachs Group Inc posted a 23 percent decline in quarterly earnings after it dialed down risk-taking in tricky markets, and clients also reduced their appetite for bets.

Stocks rallied on Tuesday as investors welcomed a slew of solid quarterly corporate results and after a German investor confidence survey surprised on the upside and Spanish benchmark yields eased.

Declining sales dogged Johnson & Johnson in the first quarter, illustrating the company's struggle to revive growth in all three of its main businesses and tough challenges ahead for incoming Chief Executive Officer Alex Gorsky.

Oracle Corp is trying to obtain a share of Android by asserting its intellectual property rights even though it had nothing to do with the development of the smartphone operating system, an attorney for Google said in court.

Global growth is slowly improving as the U.S. recovery gains traction and dangers from Europe recede, but risks remain high and the situation is very fragile, the International Monetary Fund said on Tuesday.

Bank of America Merrill Lynch has put its wealth management units outside the United States up for sale, three sources familiar with the situation said, hoping to bring in up to $3 billion for the sub-scale business.

Gold prices rose slightly Tuesday on higher crude oil prices and a declining dollar.

The Reserve Bank of India (RBI) has asked banks to reduce their exposure to non-banking financial companies (NBFCs), which have given loans mostly against gold, sending shares of such companies sharply lower.

Stocks rose sharply on Tuesday as investors welcomed a slew of quarterly corporate results and as a decline in borrowing costs for Spain eased concerns about Europe's debt crisis.

Shintaro Ishihara may not be a household name in the United States. But in East Asia, he is often at the center of international controversy because of nationalistic-themed statements that regularly infuriate China and South Korea -- and on Monday, he did it again.

Output at U.S. factories slipped in March and builders started construction on fewer homes, offering cautionary signals for an economy that appeared to be gaining traction.

A new study from the Sunlight Foundation shows that big corporations have an outsize effect on taxation policy in the United States.

Stocks rose on Tuesday as investors welcomed a slew of corporate results and as a decline in borrowing costs for Spain eased concerns about Europe's debt crisis.

Cutting government programs is favored as the way to reduce the budget deficit by more than twice as many Americans as those who favor raising taxes, said a Reuters/Ipsos poll.

The Pentagon says it is making progress in developing weapons for its newest battleground - cyberspace - but still faces funding, technology and policy challenges.

Stocks rose at the open on Tuesday, with the Dow industrials climbing as much as 1 percent, as investors welcomed a slew of corporate results and a decline in borrowing costs for Spain.

American manufacturing output slipped in March and groundbreaking on homes fell, casting a shadow over the economic outlook.

Goldman Sachs Group Inc surprised Wall Street on Tuesday, reporting better-than-expected profit and dialing back risk-taking in ways that are uncharacteristic for the traditionally aggressive investment bank.

Groundbreaking on homes fell unexpectedly in March but permits for future construction rose to their highest level in 3-1/2 years, giving a mixed message for one of the economy's weaker sectors.

Bank of America Corp is under contract to sell a downtown Manhattan office building and lease it back, as the big bank continues to shed properties from its balance sheet.

Stocks were set for a higher open on Tuesday, with the S&P 500 looking to snap a two-day drop, as investors focus on a slew of corporate results and a decline in borrowing costs for Spain.

Goldman Sachs Group Inc reported higher-than-expected quarterly earnings thanks to aggressive cost-cutting and strong investment banking and trading revenues, and the Wall Street bank raised its dividend.

Johnson & Johnson reported better-than-expected quarterly earnings but global company revenue fell slightly on anemic sales of medical devices and consumer medicines -- businesses that have been hit by costly recalls in the past two years.

Stock index futures rose on Tuesday, indicating the S&P 500 may snap a two-day drop, as investors focus on a slew of corporate results and a drop in borrowing costs for Spain.

Stock index futures rose on Tuesday, indicating the S&P 500 may snap a two-day drop, as investors focus on a slew of corporate earnings and Spanish bond yields dip.

Yahoo Inc hired PayPal's former head of products to help oversee its newly-formed commerce group, as the Web pioneer looks for new ways to reignite growth.