IBT Staff Reporter

Sony Ericsson said on Tuesday a shortage of key cellphone components will hurt sales volumes of some of its feature phones.

McDonald's Corp reported a bigger-than-expected rise in worldwide October sales at established restaurants as it continues to outperform competitors in an uncertain global economy.

Hewlett-Packard Co is looking to sell Palm's webOS mobile software platform, a deal that could fetch hundreds of millions of dollars but less than the $1.2 billion that HP paid last year, four sources close to the matter said.

Research In Motion will lose more market share in the United States and see its international growth limited as the rollout of the Blackberry maker's new operating platform hits snags, Barclays said, downgrading the stock by a notch to equalweight.

An asteroid is going to be passing very close to Earth this week. What information will astronomers and scientists be able to glean from this rare occasion?

The Emergency Alert System will be tested on radio and TV Wednesday for the first time nationally.

As Herman Cain announced a Tuesday afternoon press conference to deny a fourth woman's claim that he sexually harassed her, the woman, Sharon Bialek, said she stood by her story. Even some of Cain's supporters say he needs to go beyond blanket denials now that there is a name and a face attached to the allegations.

The E.W. Scripps Company reported a $10.7 million loss in the third quarter due to revenue declines in both the television and newspaper divisions.

Draft recommendations shoot for 90 percent vaccination rate by 2020.

The average Wall Street bonus will decline by 20 percent to 30 percent this year, according to a closely watched compensation report, as banks cut costs and lay off workers in a weak environment for trading and deal-making.

Japan's Olympus admitted on Tuesday it hid losses on securities investments dating back two decades, bowing to weeks of pressure to explain a series of baffling transactions that have put the future of the firm in doubt.

Sales of Airbus' revamped A320neo topped 1,000 as the European planemaker extended its lead over Boeing in the annual tug-of-war for jetliner sales, figures showed Tuesday.

Stocks were set for a higher open on Tuesday as Italian lawmakers prepared for a crucial vote on public finances that marks the latest turn in the long-simmering euro zone debt crisis.

Stocks were set for a higher open on Tuesday as Italian lawmakers prepared for a crucial vote on public finances that marks the latest turn in the long-simmering euro zone debt crisis.

Arsenal and Real Madrid are the most likely destinations for Rennes midfielder Yann M'Vila.

Ivian Lunasol Sarcos Colmenares, the 22-year-old Miss Venezuela on Sunday was crowned the Miss World 2011 at the beauty pageant held at Earls Court in London. She was followed by the runners-up Miss Philippines, Gwendoline Gaelle Sandrine Ruais, while the third place went to Miss Puerto Rico, Amanda Victoria Vilanova Perez.

Kate Gosselin, the former star matriarch of reality TV Kate Plus 8, announced she will get a new job on couponcabin.com, to provide for her eight children (twins and sextuplets).

McDonald's Corp reported a higher-than-expected rise in worldwide October sales at established restaurants, aided by a popular promotional game in the United States.

MakeMyTrip, the largest online travel booking company in India, reported quarterly results that beat analysts' expectations helped by higher sales in its air ticketing business.

Joe Frazier, the relentless slugger who became the heavyweight champion of the world and earned boxing immortality with three epic battles against Muhammad Ali, died on Monday at age 67, his personal manager said.

Michael Jackson's personal doctor was found guilty on Monday of involuntary manslaughter in the pop star's drug-related death in 2009 but may not spend much time in jail.

Mark Zuckerberg returned to Harvard officially for the first time Monday, winning a warm welcome from the university where he created Facebook and embarked on a well-chronicled meteoric ascent.

Societe Generale , France's second-biggest listed bank, said it would slash bonuses and scrap its 2011 dividend after a tough quarter as it scrambles to meet strict new capital requirements.

Stock index futures advanced on Tuesday as Italian lawmakers readied for a crucial vote on public finances that marks the latest turn in the euro zone debt crisis.

Toronto Stock Exchange operator TMX Group (X.TO: Quote), which recently announced it would embrace a C$3.8 billion takeover offer by a Canadian consortium, reported a 21 percent rise in quarterly profit, helped by higher revenue from derivative markets trading.

Financial markets held their breath on Tuesday as Italian Prime Minister Silvio Berlusconi's reform-shy government teetered on the brink and debt-crippled Greece's leaders struggled to put together a national unity government.

The Canadian dollar ended slightly stronger against its U.S. counterpart on Monday as markets struggled to deal with fresh turmoil in Europe as fears heightened that Italy would be the next victim of the euro-zone debt crisis.

European shares climbed sharply and Wall Street was set to join in on Tuesday as positive corporate earnings allowed stock investors to look beyond the euro zone debt crisis.

Vodafone (VOD.L:Quote) lifted its full-year profit outlook on Tuesday as strong growth in emerging markets and robust trading in northern Europe more than offset weakness on the southern fringes of the euro zone.