IBT Staff Reporter

The U.S. Treasury will not recover any portion of the $3.7 billion still outstanding in loans it made to automaker Chrysler under the Troubled Asset Relief Program, according to the terms of a plan filed with bankruptcy court on Tuesday.

The U.S. Federal Reserve began a two-day meeting on Tuesday that was expected to show central bank officials are becoming more upbeat about the economy, but not enough to tighten monetary policy.

XTO Energy Inc Chairman Bob Simpson and other officers have waived the change in control provisions in their employment agreements as part of their deal to be bought by Exxon Mobil Corp and have instead signed consulting deals with the oil major.

Weyerhaeuser Co said it would convert into a real estate investment trust and pay a special dividend, bowing to pressure from shareholders who have been seeking the new financial structure for years.

U.S. stocks fell further on Tuesday after General Electric Co , a Dow component and an economic bellwether, forecast flat 2010 profit and revenue.

Stanford University has pulled $5 billion of private-partnership interests from the auction block due to a recovery in the stock and bond markets, the Wall Street Journal reported.

U.S. stocks fell on Tuesday, with the Dow and S&P 500 moving off 14-month highs, as a climb in producer prices raised inflation concerns.

Islamist militant groups will fight alongside Iran if the country is attacked by Israel, exiled Hamas leader Khaled Meshaal said on Tuesday.

Comcast Corp has rolled out an on-demand, Web-based service for subscribers to both its video programing and Internet access in a bid to keep customers from dropping their cable subscriptions in search of free shows online.

General Electric Co expects profit to be flat at its big industrial units next year as the world economy begins to recover from a brutal economic downturn.

The Keeping Up With The Kardashians Star, Kim Kardashian, spoke with Jimmy Kimmel and revealed her sixth sense for detecting cavities.

Delta Air Lines Inc forecast a $1.1 billion net loss for 2009 due to losses in its fuel hedges but said revenue trends in the fourth quarter suggested a better 2010.

Boeing Co's new lightweight carbon and titanium Dreamliner lifted off a runway for the first time into cloudy skies on Tuesday after more than two years of delays.

Wells Fargo & Co sold $10.65 billion in stock on Tuesday to help repay a $25 billion bailout received from the U.S. government last year.

U.S. bank regulators on Tuesday approved a watered-down version of a proposal to jump-start the securitization market while boosting standards to avoid abuses that contributed to the economic crisis.

Iberian spot power prices rebounded on Tuesday after falling supplies of wind power forced utilities to use more expensive gas- and coal-fired generators.

Asia's aggressive emission targets and legislation around carbon and power use are expected to drive demand for energy efficiency products and services, creating lucrative opportunities for investors in the sector.

Coal stockpiles at U.S. power plants this week fell 2.3 percent from last week as much colder temperatures covered much of the nation, increasing power demand for heat, Genscape said Tuesday.

President Barack Obama on Tuesday urged U.S. lawmakers to create incentives for American households to weatherize their homes and said the program would essentially pay for itself.

The head of Russia's natural gas giant Gazprom said on Tuesday he did not expect a new gas war with Ukraine to erupt over the New Year, echoing an earlier statement from the Russian Energy Ministry.

The head of Russia's natural gas giant Gazprom said on Tuesday he didn't expect a new gas war with Ukraine to erupt over the New Year, echoing an earlier statement from the Russian Energy Ministry.

President Barack Obama visited a Home Depot on Tuesday in Alexandria, Northern Virginia and delivered a speech intending to stimulate the economy by creating more jobs.

Bankrupt oil and gas producer Edge Petroleum Corp said Mariner Energy Inc had emerged as the successful bidder for all its assets with an offer of $260 million at a court-supervised auction.

The Dow and S&P 500 fell on Tuesday, slipping from 14-month highs, as a jump in producer prices ignited fears of inflationary pressures.

Most U.S. credit card companies reported charge-offs rose in November after two months of declines in a sign that consumers remain under stress, sending shares down industrywide.

Delta Air Lines Inc projected a $1.1 billion net loss for 2009 due to losses in its fuel hedges, but said revenue trends in the fourth quarter suggested a better 2010.

A report says that 38 percent of all U.S. stock trading is now done by firms that have naked sponsored access to markets, the controversial trading practice said to imperil the marketplace, and which faces a regulatory crackdown.

Israel is using its civilian technological advances to enhance cyberwarfare capabilities, the senior Israeli spymaster said on Tuesday in a rare public disclosure about the secret program.

General Motors Co plans to repay roughly $8 billion in debt to the United States and Canada by June, a faster payback of the first portion of its bailout than the automaker previously committed to make.