U.S. wants banks to prepay fees to meet failure costs
U.S. banking regulators proposed on Tuesday that banks prepay three years of fees to help cover the rising cost of bank failures, now put at $100 billion through 2013.
Coming soon to the small screen: TV in 3D
You've seen movies in 3D. Now, how about your favorite TV series?
Panasonic gets conditional EU okay to buy Sanyo
Japanese electronics maker Panasonic Corp gained conditional approval from European Union antitrust regulators on Tuesday for its bid to acquire smaller rival Sanyo Electric Co Ltd .
Related Cos has bid on Corus Bank assets - source
Real estate developer Stephen Ross's Related Cos is among the bidders for the assets of failed Corus Bank, a source familiar with the matter said on Tuesday.
UPDATE 1-Goodyear union contract saves $215 mln over 4-yrs
Goodyear Tire & Rubber Co expects to save $215 million under a four-year contract with the United Steelworkers union that the company said on Tuesday gives it flexibility to change schedules, work rules and adjust the size of the workforce.
U.S. mortgage rates stay at May low: Freddie
U.S. mortgage rates held at their lowest level since late May in the latest week, low enough to continue to spur home loan demand and help the hard-hit U.S. housing market recover.
UPDATE 1-Bon-Ton to operate jewelry departments at its stores
Apparel and home-furnishings retailer Bon-Ton Stores Inc said it will start operating jewelry departments, earlier licensed to bankrupt jeweler Finlay Fine Jewelry Corp, at 86 of its nameplate stores in late October.
Northrop says US gave Boeing edge in tanker tussle
Northrop Grumman said the U.S. government had given rival Boeing a fundamentally unfair edge in their renewed battle for a potential $50 billion contract to build aerial tankers.
Pick 'n' Pay sees FY profit up to 15 pct higher
Africa's second-biggest grocer Pick 'n' Pay Holdings Ltd said on Tuesday it expects to report an 8-15 percent rise in full year headline earnings per share, sending its shares down more than 4 percent.
Coke, bottler to launch campaign against soda tax-paper
Coca-Cola Co and its largest independent bottler, Coca-Cola Enterprises Inc, are teaming up on an ad campaign against a possible U.S. tax on soft drinks, according to the Atlanta Journal Constitution.
RailAmerica IPO to price in October
RailAmerica Inc, which owns and operates short-line and regional freight railroads in North America, has set the terms for its planned initial public offering, which is scheduled for October.
Nigeria says not offered disputed licences to China
Nigeria is not offering oil licences currently operated by Chevron, ExxonMobil and Royal Dutch Shell to China while renewal negotiations are ongoing, a government minister said on Tuesday.
Taser wins contract from U.S. law enforcement agency
Taser International said it received a contract from a U.S. federal law enforcement agency for its stun guns and related accessories, sending its shares up 7 percent. The contract with the U.S. Customs and Border Protection (CBP) for its X26 electronic control devices can potentially extend for a five-year period, the company said.
FileMaker releases Bento 3 for Apple Mac
Bento, the database application for Mac OS X, was updated to version 3 on Tuesday, bringing new features of iPhoto integration, security options, multi-user sharing and more.
Wall Street dips after mixed data
U.S. stocks fell slightly on Tuesday after data on consumer confidence and home prices gave a mixed picture of the economy.
Pressure mounts on Honduras to end coup crisis
Honduras' de facto government came under mounting pressure on Tuesday to restore civil liberties and negotiate an end to a three-month crisis sparked when President Manuel Zelaya was toppled in a coup.
Rivals unfazed by shadow of Obama in 2016 bid
The four cities bidding for the prize honor of hosting the 2016 Summer Olympics began three intensive days of lobbying on Tuesday with the Obama factor looming large ahead of Friday's vote by the IOC.
Jolt Cola maker files for bankruptcy protection
Jolt Co Inc, maker of the famous Jolt Cola energy drink, filed for bankruptcy protection in a Manhattan court on Monday, after a dispute with drinks can maker Rexam.
U.S. CEOs still not ready to hire, spend
U.S. chief executives are not ready to step up hiring or capital spending, though a majority expect sales to rise over the next six months, according to a Business Roundtable survey released on Tuesday.
U.S. CEOs still not ready to hire, spend: survey
U.S. chief executives are not ready to step up hiring or capital spending, though a majority expect sales to rise over the next six months, according to a Business Roundtable survey released on Tuesday.
Sarah Palin is Going Rogue with early release of memoir
Sarah Palin, last year's Republican vice-presidential candidate who became a figure of global fascination, is to release her memoir just four months after her book deal was announced.
Bomb plot suspect pleads not guilty in NY court
The Afghan-born man at the center of a U.S. anti-terrorism probe pleaded not guilty on Tuesday to conspiring to set off a bomb in the United States, and a federal judge ordered him held without bail.
Fed's Fisher says policy reversal could be swift
Dallas Federal Reserve President Richard Fisher said on Tuesday that the winding down of the Fed's accommodative monetary policies needed to start as soon as the economy shows convincing signs of traction.
FDIC wants banks to prepay fees to meet failure costs
U.S. banking regulators proposed on Tuesday that banks prepay three years of fees to help cover the rising cost of bank failures, now put at $100 billion through 2013.
Everglades to get water relief from $81 mln bridge
The U.S. Army Corps of Engineers has awarded an $81 million contract to a Florida company to build a road bridge that will help restore fresh water flows in Everglades National Park, nourishing its ecosystem.
EADS shares stumble as Airbus trims A380 goal
Another dip in expected deliveries of Airbus's A380 superjumbo knocked shares in parent company EADS on Tuesday, reminding investors of the challenges still facing Europe's largest industrial venture.
Toyota plans to pool groupwide resin purchases
Toyota Motor Corp (7203.T) plans to consolidate purchases of resin materials among group firms to cut costs and strengthen its bargaining power, the Nikkei business daily reported.
Businesses beware as latest consumer survey 'not very encouraging'
Businesses relying on consumers, which make up the vast majority of U.S. economic activity, may have to tread cautiously in the coming holiday season, as results of a new household survey are seen as “not very encouraging news.”
Navistar, Jianghuai to form China truck venture
A unit of Navistar International Corp (NAV.N) and China's Jianghuai Automobile (600418.SS) plan to set up a 50-50 truck venture with investment of at least 2 billion yuan ($293 million), Jianghuai said on Tuesday.
China Ministry of Commerce approves GM Delphi deal
China's Ministry of Commerce has approved plans by General Motors Co [GM.UL] to acquire certain assets of bankrupt Delphi Corp (DPHIQ.PK), Xinhua, the country's official news agency, reported on Tuesday.