IBT Staff Reporter

The influential nonprofit organization, the Consumer Reports, which publishes guides on everything from cars to TVs, said in a report released on Tuesday, that the electrification of the car is grabbing the attention of more consumers.

Automaker Nissan Motor will sell 500,000 electric vehicles annually by the end of 2013, Renault Nissan CEO Carlos Ghosn told reporters on the eve of Nissan Leaf's market debut.

British credit information group Experian Plc said its benchmark pretax profit grew 12 percent in the first half as it reported its best organic revenue growth in four years. The company lifted its first interim dividend by 29 percent to 9 cents.

ICAP Plc, the world’s largest broker of transactions between banks, reported good revenue and earnings growth for the first half despite quieter markets, mainly driven by its strong electronic broking franchise.

At the Web 2.0 Summit in San Francisco, Yahoo! introduces a local deals service.

According to government figures, in 2008, merchandise shipped into the U.S. by airplane accounted for 20 percent of the nation’s imports, with a value of $417 billion. That’s a great deal of items and only one, or two, would have to explode to have, through terror, a crippling effect upon the nation’s economy, to say nothing of the nation’s spirit.

Federal officials urged states to take action on passing traffic safety laws on Tuesday, as a new study found the United States was lagging in reducing traffic fatalities compared with other high-income nations.

The famous band makes its way to the popular digital music platform.

U.S. Rep. Charles Rangel, D-NY, has been found guilty of 11 ethics violations by a House Ethics Adjudicatory Subcommittee today, following about six hours of deliberations.

Women lawyers in America's top law firms have not benefited from structural changes that created nuanced stratifications of lawyers, a survey by the National Association of Women Lawyers and the NAWL Foundation suggests.

The hand counting of write-in and absentee ballots continues in Alaska today, where incumbent Republican Senator Lisa Murkowski appears on the verge of a historic victory over tea-party Republican nominee Joe Miller.

Key carriers AT&T, Verizon and T-Mobile officially announced their partnership to create ISIS, a national mobile commerce platform, to make mobile wallet a reality.

The forthcoming Android 2.3 operating system will support near-field communication chips for mobile payments, leading to the launch of hundreds of mobile payment startups, according to Google CEO Eric Schmidt.

New Zealand tied their second test with India helped by a Brendon McCullum double-hundred while Younis Khan's ton secured a draw against South Africa, and Chris Gayle's triple-ton handed Sri Lanka a formidable task.

S&P 500 Index is down 10.42 points, or 0.85 percent, to trade at 1,187.57 at 09:53 a.m. EDT. The Dow Jones Industrial Average lost 99.57 points, or 0.89 percent, to trade at 11,102.40. The Nasdaq Composite Index fell 0.72 percent.

Chelsea are dealt with another blow in the form skipper John Terry's injury which could rule him out for months.

Google has spruced up Product Search ahead of Christmas and added a feature that lists local stores where the products are in-stock.

The producer price index for finished goods rose for the fourth consecutive month in October, mainly pushed by gas price hikes, the U.S. Labor Department said in a report.

The percentage of women lawyers in America's top 250 law firms has declined, according to findings based on NLJ 250, The National Law Journal's annual ranking of the nation's largest law firms.

The Manhattan Supreme Court has dismissed a petition by Diandra Douglas, the former wife of Michael Douglas, putting to a halt to her bid of receiving a share of profit from the blockbuster movie sequel Wall Street: Money Never Sleeps.

The Internet Crime Complaint Center (IC3), which was set up by the Federal Bureau of Investigation (FBI) and the National White Collar Crime Center in May 2000 to monitor and prevent cyber crime, recently logged its 2 millionth consumer complaint.

U.K. law firm Norton Rose has expanded its presence in Canada and South Africa by agreeing to merge with Ogilvy Renault and Deneys Reitz respectively.

Futures on the S&P 500 are down 0.49 percent, futures on the Dow Jones Industrial Average lost 0.55 percent and Nasdaq100 futures are down 0.73 percent.

Comcast, the largest U.S. cable operator, has launched a free app that can turn iPad into a remote control.

It's a case of a cross-breed taking on a pedigreed product. Dell's answer to Apple's iPad is a hybrid - part laptop, part tablet, the 10-inch Inspiron Duo is due next week.

LA Galaxy were humbled at home against FC Dallas whose spirited performance saw them through to the final of the MLS Cup with a 3-0 victory over LA.

Ford Motors has announced the list of cities, which shall receive the first all-electric passenger car Focus Electric, which debuts in late 2011.

The US Department of Energy has set up an expert committee to report on its activities in energy efficiency and renewables to the Energy Secretary.

New service from Facebook will combine email, SMS and instant messaging into one platform.