IBT Staff Reporter

Walgreen Co posted better margins for its second quarter by carefully managing seasonal merchandise, helping investors to shrug off disappointing earnings and sending its shares up.

Nissan Motor Co is in talks with Daimler AG to procure large engines from the German firm, the Nikkei business daily said on Tuesday.

Honda Motor Co will steer clear of cooperating with rival automakers as it seeks to boost its presence in Asia, defying a resurgent trend toward tie-ups in the industry, a top executive said.

Americans are spending more time watching television and surfing the Internet simultaneously, and nearly 60 percent of TV viewers use the Web at the same time at least once a month, according to a Nielsen report released on Monday.

Stocks were modestly higher on Tuesday after data showed existing home sales declined less than expected in February, while healthcare stocks gave back some gains from the previous session.

(Reuters) - The overhaul of the healthcare system is being hailed in political circles as the biggest health policy change in four decades, but President Barack Obama's landmark reform has left some Americans divided and confused.

The dollar edged higher versus the Japanese yen on Tuesday after a report showed sales of previously owned U.S. homes fell less than expected in February.

(Reuters) - President Barack Obama will revel on Tuesday in the passage of landmark healthcare legislation, a hard-fought win that will help shape his legacy and the Democrats' chances of holding power in the Congress.

Sales of previously owned U.S. homes fell less than expected in February, according to a trade group report on Tuesday that underscored the fragile nature of the housing market's recovery.

World's second largest oil consumer, China imported 18.51 million tons of crude oil in February this year, according to General Administration of Customs of China. In a statement issued here, GAC said this was equal to 4.8 million barrels per day and is up 59.6 percent year on year.

Former heads of Sprint Nextel Corp and RadioShack Corp have launched a company aimed at refurbishing or recycling the estimated 65,000 metric tons of old cellphones U.S. consumers ditch every year and named Sprint as its first customer.

The prices of sugar and pulses in Indian markets for the last week were seen declined while the prices of other commodities remained steady, according to a data collected by the Department of Consumer Affairs. Sugar prices have declined at 12 centres including Delhi, Shimla, Raipur and Patna, said the data. Gram dal prices have remained steady at all the reporting centers and declined at Shimla and increased at only Thiruvananthapuram.

In order to enable cooperative sector to play their role effectively in the development of the economy, NCDC is asked to adapt changes and evolve innovative strategies and business practices. Addressing at the 69th meeting of General Council of the National Cooperative Development Corporation (NCDC), India's Minister of Food and Agriculture, Sharad Pawar asked to it to launch a special and concerted effort to augment storage capacity in the cooperative sector and promote the development of cold ...

As the uncertainty on the currency derivatives is looming large and gold investments became less yielding in the time of reduced physical demand from consumers, traders have found an attractive investment instrument from silver for their investors as bullion traders are now mulling to launch silver ETFs in India.

The soaring prices of gold prompted all gold producers across the globe to raise their output and that is certain to impact the gold prices in the coming months. Miners from all corers have reported a rise in production as several firms tried to cash in on the rising prices and reduced their hedging in anticipation of better prices in the coming days.

Turner Sports will offer a package of technologies during an NBA game on Thursday, including Twitter, multi-camera coverage fed online and a live streamed chat in a move to attract fans watching on TV, the Internet and cellphones.

Walgreen Co posted quarterly earnings that fell short of Wall Street forecasts but better management of seasonal merchandise helped the largest U.S. drugstore chain improve margins and sent shares higher.

Wall Street was set for a flat open on Tuesday as investors awaited data on the housing market, which remains one of the weakest segments of the economy.

Nintendo Co plans to launch a new model of its DS handheld game console that allows users to play three-dimensional (3D) games without using special glasses, aiming to reinvigorate demand for the five year old machine.

Internet telephony firm Skype has questioned Egypt's move to ban international calls made through mobile Internet connections and said markets should be left open for consumers to choose.

Greece said on Tuesday it expects a positive outcome at this week's EU summit to its request for a European financial safety net despite Germany's insistence that aid will not be discussed.

Google has not violated the rights of luxury goods maker Louis Vuitton and two other firms by allowing online advertisers to buy search keywords identical to trademarks, Europe's top court said.

Opera Software said it would apply on Tuesday for its mobile browser to be distributed on Apple's iPhone, seeking to crack a new and potentially lucrative market closely guarded by Apple.

Central bankers should base policy on simple rules related to inflation and economic growth and not rely on hazy measures of economic slack in order to stay ahead of the curve, a senior U.S. Federal Reserve official said on Tuesday.

Greece wants a European solution to its debt crisis and expects positive results from a European Union summit on March 25-26, Finance Minister George Papaconstantinou said on Tuesday.

Stock index futures were little changed on Tuesday, while investors awaited data on the housing market, which remains one of the weakest segments of the economy.

Walgreen Co posted a higher quarterly profit as it discounted less seasonal merchandise, but sales were pressured as the top U.S. drugstore chain dealt with cost-conscious consumers and a weak cold and flu season.

Facebook, Twitter and YouTube are out, but in China's vast and bewildering online universe you can freely read the New York Times or visit a favorite porn site.

Stock index futures edged up on Tuesday, while investors awaited data on the housing market, which remains one of the weakest segments of the economy.