IBT Staff Reporter

Apple Inc's quarterly results blew past Wall Street's expectations as U.S. consumers snapped up near-record numbers of iPhones and iPads, sending its shares up 8 percent.

AT&T is expected Thursday by analysts to report net income of 44 cents a share, down 20 percent from 55 cents a share.

The U.S. economy appears to have shaken off the gloom from Europe's debt crisis in the fourth quarter, pushing ahead at what was likely its fastest pace in nearly two years.

Bank of America Corp is wading into the fast-growing business of offering consumers targeted online discounts.

Angela Merkel's conservative allies warned on Tuesday against committing additional German funds to euro zone bailout schemes, underscoring how difficult it will be for the chancellor to meet international demands to boost the bloc's defenses.

Mitt Romney criticized Newt Gingrich's tax plan on Monday by saying that he wouldn't pay any taxes under it. But Romney wouldn't pay any taxes under his own plan, either.

Stocks edged lower on Tuesday, with the S&P 500 pulling back from a five-day rally, as talks to resolve Greece's debt crisis hit a snag and a number of earnings from blue chips disappointed investors.

DuPont's quarterly revenue missed Wall Street expectations as its customers bought fewer solar-panel materials and digital television parts, offsetting strong demand for chemicals used in agriculture.

Not too long ago, Web coding was the rarified realm of computer geeks, but a new crop of entrepreneurs is making this valuable computer skill available to just about anyone with an inclination to learn.

Verizon Communications may miss analyst expectations for 2012 earnings after posting disappointing fourth quarter results as it was hurt by hefty subsidies for the Apple Inc iPhone.

Verizon Communications may miss analyst expectations for 2012 earnings after posting disappointing fourth quarter results as it was hurt by hefty subsidies for the Apple Inc iPhone.

New data-protection proposals from the European Union to help people regain control of personal information from sites like Facebook could prove as effective as commanding the tide, while hurting small firms and Web giants alike.

Italian police seized documents at Fitch's Milan offices on Tuesday as the rating agency was drawn into an investigation of alleged market manipulation already involving its two bigger rivals Standard & Poor's and Moody's .

Europe's debt crisis could tip the world economy into recession and a bigger firewall is urgently needed to keep the damage from spreading, the International Monetary Fund said on Tuesday.

The European Commission will follow EU antitrust chief Joaquin Almunia's advice to block the merger of Deutsche Boerse and NYSE Euronext next week, a person familiar with the matter said on Tuesday.

Verizon Communications may miss analyst expectations for 2012 earnings after posting disappointing fourth quarter results as it was hurt by hefty subsidies for the Apple Inc iPhone.

Media conglomerate Time Warner Inc is leading a $12 million round of funding into a start-up company that analyzes tweets and Facebook posts as people watch their favorite TV programs.

The Federal Reserve is expected to break new ground this week by providing a clearer window into official thinking on monetary policy and is expected to signal that interest rates will be held near zero into 2014.

The Federal Reserve is expected to break new ground this week by providing a clearer window into official thinking on monetary policy and is expected to signal that interest rates will be held near zero into 2014.

Fred Thompson, a 2008 presidential candidate, endorsed Newt Gingrich for the 2012 GOP nomination on Monday, two days after Gingrich's stunning upset over Mitt Romney in the South Carolina primary.

Insider Thorsten Heins, the new chief executive at BlackBerry maker RIM, is a surprise choice for those looking for a transformational leader from outside to turn around the Canadian group's fortunes.

Engineers inspecting Airbus A380 aircraft for cracks on a part inside the wings have found similar flaws on at least one aircraft, industry sources said on Tuesday.

Stocks dipped on Tuesday as talks to resolve Greece's debt crisis hit a snag and some lackluster earnings put the S&P 500 index's five-day string of gains in jeopardy.

The company struggles to make a profit from subscribers moving online for content, and is still recovering from its ill-fated plan to split its online streaming and DVD-by-mail service.

McDonald's Corp's strong December sales and fourth-quarter earnings failed to allay fears that exchange rates and increased spending will weaken profits in 2012.

Total sales of mobile handsets in Russia rose an estimated 16 percent last year and returned to volume levels not seen since an economic crisis struck in 2008, the country's top mobile phone operator MTS said on Tuesday.

Stocks dipped on Tuesday as talks to resolve Greece's debt crisis faltered and after some lackluster earnings reports, threatening a five-day winning streak.

The Federal Reserve opened a two-day meeting on Tuesday that is expected to end with a signal that interest rates will be held near zero into 2014.

Engineers inspecting Airbus A380 aircraft for further wings cracks have found similar flaws on at least one aircraft, industry sources said on Tuesday.