IBT Staff Reporter

The cost to General Motors Co of keeping its European Opel unit could run $1.45 billion higher than the overly optimistic estimate prepared by the automaker in June, according to a report from a financial adviser presented to GM's board on Tuesday.

Programmable chipmaker Altera Corp raised its sales outlook for the third quarter, saying market conditions were improving, with the decline in the telecommunications sector turning out to be more moderate than expected.

Massachusetts' top securities regulator reached an $8 million settlement on Tuesday with Fairfield Greenwich Group for having invested the bulk of its clients money with swindler Bernard Madoff.

U.S. stocks advanced on Tuesday on an uptick in corporate deal activity while the weak dollar led to gains in commodities, lifting shares of oil and mining companies.

When we burn calories as we attempt to lose weight there are some important factors to keep in mind. Our bodies have a very intricate mechanism for utilizing energy very efficiently.

Global demand for solar power has improved substantially in the last month, led by top solar market Germany, Suntech Power Holding Co Ltd Chief Strategy Officer Steven Chan said on Tuesday.

If you have been inactive for any length of time, chances are you have lost a percentage of the range of motion associated with your joints.

Energy producers have asked a U.S. judge to appoint a trustee to run Semgroup, an oil and gas services company that has been in bankruptcy for more than a year, the producers' lawyer said on Tuesday.

U.S. refiner Sunoco Inc said on Tuesday it is examining pipes and systems at its U.S. facilities in the wake of a May fire at its 178,000-barrel-per-day Marcus Hook, Pennsylvania, refinery.

Frontier Oil's 130,000-barrel-per-day El Dorado, Kansas refinery will run below capacity in August and will continue to do so through September, the company said on its website Tuesday.

Food and household products makers are rethinking the way they work with suppliers to trim costs and get a first crack at new products, as they try to increase sales in mature industries.

U.S. player Melanie Oudin is generating media buzz after beating top-quality players including Elena Dementieva, Maria Sharapova and Nadia Petrova and advancing to the quarterfinals at the U.S. Open tournament.

All you have to do to feel the outrage over the continuing flow of bonuses on Wall Street is to take a walk down Main Street.

A gauge of the strength of the U.S. job market fell slightly in August and pointed to a flat employment market for the rest of the year, a research group said on Tuesday.

Exercise or physical activity should be on the top of everyone's daily 'to do list'. However a survey of the average person's list will reveal exercise is either excluded or so far down the list it never gets done.

Google, the Internet search group, defended its scanning and publishing of millions of books online on Monday by saying the project was making finding information on the Web more democratic.

A New York money manager has been arrested and charged with running a $40 million Ponzi scheme over three decades, diverting some investor money to a pornography mail-order business, investigators said.

Bernard Madoff's whistle-blower and the U.S. Securities and Exchange Commission's top enforcer will testify before Congress this week on how the SEC failed to uncover Madoff's $65 billion fraud, a congressional panel said on Monday.

A U.S. trade panel said on Tuesday that it would investigate complaints that companies were violating its ban on imports of digital screens using patented Funai Electric Co technology.

The Hollywood studio behind a film based on The Hobbit and trustees for author J.R.R. Tolkien's estate said on Tuesday they had settled a lawsuit that clears the way for what is expected to be a blockbuster movie based on the book.

Kraft is the most logical buyer for British chocolate firm Cadbury , but the U.S. rival will remain financially disciplined, one of the company's executives said on Tuesday.

American International Group Inc is interviewing banks this week on managing a planned initial public offering of a life insurance unit, American Life Insurance Co, sources familiar with the matter said on Tuesday.

U.S. stocks advanced on Tuesday, led by gains from oil and materials companies, while an uptick in M&A activity spurred recovery hopes, making equities more appealing to investors.

The New Jersey Nets have signed a deal to make a manufacturer of computing and digital imaging products the sponsor for its practice jerseys, a first for a team in the National Basketball Association.

A social networking website for the elderly is helping Internet-savvy seniors in India battle loneliness and make new friends with the click of a mouse and in the comfort of their own homes.

Whether you're a recreational runner or someone who takes running more seriously, take a look at the ChiRunning technique.

Hedge fund returns rose for the sixth straight month in August but underperformed the broader stock market, where hopes of a quick economic recovery fueled strong gains last month, according to data released on Tuesday.

Oil prices rose 4.5 percent on Tuesday, their biggest gain in nearly three weeks, as weakness in the U.S. dollar fired up inflation fears and triggered a rush of buying across commodities markets.

Jay-Z fans were on Tuesday left furious after tickets for the upcoming charity show were snatched by scalpers.