IBT Staff Reporter

On Monday, the yen advanced across the board at the expense of higher-yielding currencies as risk aversion and slumping equities reemerged as the dominant concerns for investors.

Russian state-owned gas firm Gazprom on Tuesday accused Ukraine of blocking Russian gas traveling through pipelines into Europe, just hours after it was reported that gas flows had resumed.

Israeli troops advanced into densely populated suburbs of Gaza early Tuesday; just hours after Prime Minister Ehud Olmert warned Islamic militants of an iron fist unless they agree to Israel's terms to end the fighting.

Sony Corp. is expected to post its first operating loss in 14 years of about $1.12 billion (100 billion yen) of the year ending March 31, reported Japanese daily Nikkei on Tuesday.

Senate Democrats say they will seat Roland Burris as an Illinois senator this week after earlier statements that his appointment had been tainted because he had been selected by Illinois Gov. Rod Blagojevich, who has been impeached for abuse of power.

On behalf of President-elect Barack Obama, President Bush on Monday said he has agreed to ask Congress for the second half of a $700 billion financial bailout fund. The timing of the request means that Obama may have the funds at his disposal by the time he is inaugurated as President in one week.

Russia began sending gas to Europe through Ukrainian pipelines on Tuesday, ending nearly a week-long contract standoff that came in the middle of winter. It will take up to 36 hours for the gas to make its way through the pipelines, however a dispute about gas for the Ukraine has not been settled yet.

Ann Coulter appeared on The View today, to discuss her new book Guilty: Liberal 'Victims' and Their Assault on America.

Kimberly-Clark Corporation has teamed up with ABC's The View for year three of the Room-A-Day Giveaway sweepstakes to award 16 lucky winners $25,000 each for a room makeover.

The Houston Livestock Show and Rodeo is the world's largest livestock exhibition as well as the world's largest rodeo event.

Madonna has beefed up her security with two ex-Mossad bodyguards after being targeted by Muslim fanatics seeking revenge for Israel's attacks on Gaza.

Actor Mickey Rourke, whose career has been on a downward spiral, has found himself back to acting in movies and he was richly rewarded for playing The Wrestler.

Ricky Henderson and Jim Rice elected to the Professional Baseball Hall of Fame will run all the way to Cooperstown.

The missing Pilot who crashed in East Milton Sunday night has been identified but is missing again after checking into a hotel with fake name and run off to the woods.

The first flying automobile, equally at home in the sky or on the road, is scheduled to take to the air next month.

Toyota unveiled the 2010 Prius at Detroit Auto Show at 11:30 am EST this morning. It has 1.8 L 4 cylinder gas engine slightly larger and will have net horsepower of 134.

Motorola's high-fashion AURA, one of the killer cell phones during the 2009 Consumer Electronics Show Last week.

Sudanese president, Omar Hassan al-Bashir, has been urged an influential opposition leader to hand himself over to the international criminal court for Darfur war crimes.

On Monday Israel's ambassador to Cairo apologized for an Israeli air strike that wounded five Egyptians near the border on Sunday.

On Monday a decision was taken to uphold the National Prosecuting Authority's appeal against a High Court ruling halting the prosecution of the African National Congress president, Jacob Zuma.

Loretta Lynn, a country legend is working on two album projects for release this year in a follow up to her 2004 crossover hit, Van Leader Rose, according to Billboard.

President Bush held his final White House press conference on Tuesday where he candidly addressed issues from pressing bailout decisions in his final days as president necessary to mistakes he made during his presidency.

Australian Dollar: After opening the week above 70 cents the Aussie dollar swiftly retreated in early morning trade as investors remained nervous following Friday's U.S employment report.

The list of performers for President-elect Barack Obama inauguration celebration this Sunday has been released by the Presidential Inaugural Committee at the Lincoln Memorial.

The 66th annual Golden Globe proved to be a busy event for Kate Winslet, the first winner of the night as best supporting actress for The Reader and later as the best leading actress in the drama Revolutionary Road.

American Idol is entering its eighth season on Tuesday with a new judge, Kara DioGuardi in a bid to keep viewers tuning in.

US retailer Wal-Mart Stores Inc had a tough Christmas and will have an extraordinarily challenging first quarter, H. Lee Scott, the CEO of the company said at the annual National Retail Federation confederation.

Gisele Bündchen and Tom Brady are officially engaged, according to reports.

Natural gas supplies will resume to Europe on Tuesday following an announcement from Russia's state-run monopoly Gazprom.