INVESTMENT

Stock index futures tumbled on Tuesday as the deal to rescue Greece and prevent a wider sovereign debt crisis faced a new hurdle and as Asian economic data reignited fears of a slowdown in global growth.

Asian shares and commodities fell Tuesday, after a shock announcement that Greece will hold a referendum on a new EU bailout deal for the debt-ridden country threw efforts to resolve the euro zone's debt crisis into fresh doubt.

The FBI has released a series of documents, photos and videos detailing the actions of Anna Chapman and other members of a Russian spy ring apparently secretly exchanging information and money.

New York City Mayor Michael Bloomberg announced Monday that a proposal to bring an applied sciences university to the city continues to move forward. Under Applied Sciences NYC, dubbed one of the most exciting projects the city has undertaken in the past decade by U.S. Senator Charles E. Schumer, seven proposals are under consideration for the groundbreaking program. The winner will be awarded free city land and up to $100 million in city capital funding in exchange for constructing a ma...

A U.S. judge has appointed a trustee to oversee the liquidation of the U.S. brokerage unit of Jon Corzine's MF Global Holdings Ltd, which filed for bankruptcy protection on Monday, a federal agency said.

Companies are increasingly taking advantage of securities rules that lets them raise capital without having to go through costly registrations, according to a new study by regulators.

Allstate Corp posted a sharply smaller profit for the third quarter, as the largest publicly traded home and auto insurer in the United States lost more than $1 billion due to natural disasters.

Virginia-based AvalonBay, the second-largest real estate investment trust, reported a 27 percent increase in funds from operations to $107.6 million, or $1.17 per share, up from $84.5 million, or 98 centers per share, in 2010.

Memorial Sloan-Kettering Cancer Center has purchased a property at 327 East 64th Street in Manhattan from the car rental company Hertz Corporation for $19.05 million, according to city records.

The Royal Canadian Mint will begin offering exchange-traded receipts, a way to let investors own and trade gold bullion, late next month in an initiative expected to raise about $250 Canadian.

Nigeria's Central Bank Governor Lamido Sanusi said on Monday the bank would review its target band for the naira in the next few days, and depending on where the exchange rate settles may move its midpoint to 155/156 to the dollar, compared to its current 150.

Colorado-based UDR Inc. reported third quarter funds from operations of nearly $73 million, or 32 cents per diluted share, up from $46.9 million, or 27 cents per diluted share, in the third quarter of 2010. UDR had a loss of 7 cents per share, down from a loss of 16 cents per share in 2010.

The Suck for Luck sweepstakes continued on Sunday as the NFL's most pitiful teams found new ways to lose in order to improve their chances to draft Stanford star Andrew Luck.

The operator of Canada's largest stock market has thrown its support behind a C$3.8 billion ($3.8 billion) takeover offer from a group of banks and pension funds, embracing the deal four months after a failed attempt to merge with the London Stock Exchange.

Markets have over-interpreted comments by incoming European Central Bank chief Mario Draghi on the bank's readiness to go on buying the bonds of troubled euro zone states, outgoing ECB President Jean-Claude Trichet said.

Investors were so concerned that euro zone leaders would not reach agreement on solving the debt crisis in October that they cut equity holdings to the second lowest level in 12 months, Reuters polls showed on Monday.

Black Friday will be starting earlier this year. Both Macy's and Target have announced that their doors will open at midnight after Thanksgiving. When the clock strikes 12:00 a.m. on Friday Nov. 25, the Black Friday midnight madness will begin.

The bankruptcy of New York-based MF Global Holdings brought the European debt crisis to New York, wiping out a respected firm and tarnishing the reputation of a former Goldman Sachs CEO.

Qantas Airways planes took back to the friendly skies Monday after an Australian court ruled on a bitter labor dispute that grounded the airline's entire fleet over the weekend.

The Nikkei stock average ended lower on Monday, giving up sharp intraday gains made after Japanese authorities intervened to curb persistent yen strength, as investors locked in profits on concerns the yen won't stay down for long.

Loews Corp , run by the billionaire Tisch family, posted quarterly earnings below analysts' estimates for the third time in a row, hurt by a fall in its investment income and higher catastrophe losses at its biggest holding CNA Financial .