IBT Staff Reporter

Car industry executives from around the globe urged Europe's politicians to take bolder steps to solve the bloc's two-year-old debt crisis, warning its single currency could be derailed without more decisive action.

Cisco Systems Inc CEO John Chambers said he remained upbeat about technology spending by customers on Tuesday despite an uncertain economic outlook.

The star of numerous movies, TV shows and plays is the top dog of the entertainment industry according to Forbes.

Best Buy Co reported weaker-than-expected quarterly results and cut its profit outlook for the year as shoppers held off on buying televisions and other nonessential items in the anemic U.S. economy.

Tom Perkins, co-founder of Kleiner Perkins and the backer of companies ranging from Genentech to Google, believes much of the venture-capital industry has set itself up for failure.

Stocks were little changed in a volatile session on Tuesday as investors struggled to determine whether equities were fairly priced, given persisting uncertainties in Europe.

When John Chambers takes to the stage on Tuesday, many will be wondering if it is the last time the chief executive leads Cisco Systems Inc's annual financial analyst conference.

A top executive with Northern Trust Corp said the custodian bank will not impose an additional fee on institutional clients who significantly increase their cash holdings.

Stocks were little changed in a volatile session on Tuesday as investors struggled to determine whether equities were fairly priced, given persisting uncertainties in Europe.

Treasury Secretary Timothy Geithner is likely to urge euro zone finance ministers on Friday to speed up ratification of changes to their bailout fund and consider boosting its size, an EU source said on Tuesday.

With an estimated global audience of a billion people, The Miss Universe 2011 beauty pageant, the contestants for the 2011 Miss Universe pageant have arrived in Sao Paulo, Brazil for the 60th anniversary of the Miss Universe pageant on Monday night.

2Pac died 15 years ago today as fans and fellow rappers still remember his legacy.

Stocks rose on Tuesday led by big-cap technology shares, but continued uncertainty over how European leaders would alleviate Greece's simmering debt crisis capped gains.

Terming the dialogue initiated by the British government with Colonel Gaddafi in 2003 as right decision, the former MI5 chief Lady Eliza Manningham-Buller today acknowledged that though it was difficult, but the decision to engage in dialogue with Gaddafi in 2003 was right.

Best Buy Co Inc's reported lower-than-expected quarterly results as shoppers held off on buying televisions and other nonessential items in the anemic U.S. economy, and its shares fell nearly 8 percent.

Italy had to pay record interest to sell its bonds on Tuesday as it raced to calm market fears that it was losing control of a huge public debt and could trigger a crisis that threatened the euro zone.

Hollywood blogger Perez Hilton is in a family way, sort of.

Alarm is growing in the United States at Europe's inability to solve its debt crisis and talk of a full-on Greek default is on the rise. Following are the key events and developments on Tuesday.

Nickelodeon's SpongeBob SquarePants, was recently the target of a study published Monday, which suggested that the hit animated TV series may be rotting your four-year-old's brains by lowering their attention spans.

Wall Street stocks were set for a slightly lower open on Tuesday as continued uncertainty over plans to stem the escalating debt crisis in Europe kept investors on edge.

Best Buy Co Inc's reported lower-than-expected quarterly results on weak demand for televisions, but stood by its fiscal-year revenue outlook.

What Miss Universe 2011 considers as the key to her victory was, as a lesson for women across the globe, her inner beauty and principles.

German Chancellor Angela Merkel sought on Tuesday to quash talk of an imminent Greek default as the United States voiced concern at the euro zone's inability to stem its debt crisis.

Stock index futures see-sawed on Tuesday as continued uncertainty over plans to stem the escalating debt crisis in Europe kept investors nervous.

Hewlett-Packard has extended the deadline for its $11.2 billion takeover of British software company Autonomy, with analysts predicting the U.S. firm is on course to succeed.

World oil consumption will increase more slowly than expected this year and next as the pace of global economic growth eases, the International Energy Agency said on Tuesday.

Fiat and Chrysler chief executive Sergio Marchionne said the euro single currency system could be derailed unless European leaders resolved the debt crisis.

Stock index futures fell on Tuesday after reports cast doubt on a possible deal for China to buy Italian debt, heightening concerns about the fiscal crisis in Europe.