IBT Staff Reporter

Days before the highly anticipated pricing for Wynn Macau's $1.6 billion public offering, Hong Kong's soaring IPO market is sputtering, with sportswear company Peak Sport the latest weak debut.

UBS AG's U.S. wealth management unit Paine Webber is not a core part of the bank's operations but will not be sold at present, UBS Chief Executive Oswald Gruebel was quoted saying in the FT.

U.S. consumer confidence fell unexpectedly in September as the worst job prospects in 26 years fueled worries over personal finances, according to a report released on Tuesday.

JPMorgan Chase & Co's co-chief executives of its investment bank have been replaced by Jes Staley, current head of the No. 2 U.S. bank's asset management unit, possibly putting him in a position to succeed CEO Jamie Dimon.

Iranian students chanted anti-government slogans to protest a minister's visit to their university in Tehran Tuesday, a reformist website reported.

Part of the appeal of electronic medical records is that they can help doctors keep track of test results and avoid medical errors, but a study released on Monday suggests that doctors sometimes ignore electronic warnings about abnormal test results.

U.S. home prices in July rose for the third straight month, surpassing forecasts and suggesting that the housing market is stabilizing after a three-year plunge.

Wireless carrier AT&T and navigation device maker Garmin said the G60 nuvifone will be available beginning Oct. 4 to AT&T customers in the U.S. at AT&T stores and online from the carrier's website.

Metals processor Reliance Steel & Aluminum Co said on Tuesday it expects third-quarter earnings to be higher than current Wall Street expectations due to higher prices and increased profit margins.

Doctors do not involve men enough in discussions about whether to undergo screening for prostate cancer, U.S. researchers reported on Monday.

A teenage British girl died after receiving a cervical cancer vaccine made by GlaxoSmithKline, but a link between the death and the drug has not yet been established, health officials said on Monday.

Be happy for Patricia Heaton. She's in a much better place.

A U.S. appeals court on Monday reinstated an Alaska lawsuit against Altria Group Inc's Philip Morris USA by the survivor of a deceased smoker, saying her state product liability claims were not

As the lone surviving founding member of Lynyrd Skynyrd still in the band, guitarist Gary Rossington says he's profoundly moved by the release of God & Guns, the Southern rock icons' first set of new material in six years.

U.S. stocks rose slightly at the open on Tuesday as better-than-expected home sales data for July provided further evidence that the domestic housing market was bottoming out.

A photo of Spain's Prime Minister Jose Luis Rodriguez Zapatero with his wife, daughters, President Barack Obama and Michelle has caused a media frenzy because the girls appear posing in goth outfits.

Genesis keyboardist Tony Banks isn't taking his tuxedo to the dry cleaner yet. But he's hoping that the British prog rockers, who are on the Rock and Roll Hall of Fame ballot for the first time, wind up collecting trophies at the March 15 induction ceremony in New York City.

U.S. stocks were set for higher open on Tuesday as better-than-expected home sales data for July provided further evidence that the domestic housing market was bottoming out.

This year you're not going to get a more exciting or thought-provoking movie filled with memorable characters and dramatic events than More Than a Game. This film from hitherto unknown documentarian Kristopher Belman is a sports movie only in the sense that Errol Morris' The Fog of War is a war movie.

Homes Sales Beat Views; Merger for Smaller Banks? UBS Won't Sell Unit for Now

Olivia Wilde and Jonathan Tucker have joined the cast of writer-director Paul Haggis' thriller The Next Three Days.

The Dow Jones industrial average and S&P 500 stock index futures swung into positive territory on Tuesday following a stronger-than-expected report on July home prices.

Oil fell below $66 a barrel on Tuesday as a weak demand outlook was expected to be reinforced by weekly inventory data from the United States.

TransAlta Corp's 406-megawatt Unit 4 at the Sundance coal-fired power plant in Alberta shut on Tuesday, the Alberta Electric System Operator said in a report.

U.S. single-family home prices in July rose from the previous month, surpassing forecasts and bolstering the case for housing market stability after a three-year plunge, Standard & Poor's said on Tuesday.

Investors such as UBS, Citigroup and Blackrock back a potentially multi-billion dollar carbon credit market centered on saving forests but regulations and cash were needed to build a market first, a survey has found.

Britney Spears' new single 3 debuted Tuesday on radio. The song - produced by Max Martin - will appear on the album The Singles Collection that hits stores on November 24.

Global investment in clean technology roared back in the third quarter, driven by solar power and a public offering that underscores growing enthusiasm for the sector, Greentech Media reported on Monday.

Walgreen Co, the largest U.S. drugstore chain, reported a quarterly profit that topped expectations as it began to benefit from a make-over that includes sprucing up stores and cutting jobs, sending its shares 10 percent higher.