The central bank says job losses in construction and other industries have put migrants? payments in a tailspin.

Monks at a Wisconsin monastery make their money from the sale of ink and toner cartridges, a business run mostly by two women who live on the property.

The decline in exports and imports dampened hopes for an early recovery.

A federal bankruptcy judge approved a bidding process after the company revised a takeover bid to provide more cash for its largest creditor, the Wells Fargo bank.

Ryanair makes its first annual loss after being hit by high fuel costs and writing down the value of its stake in Aer Lingus.

Reuters - Improving global manufacturing data lifted Asian shares on Tuesday, bringing a regional index near to levels before the collapse of Lehman Brothers in September, but the pace of gains slowed as investors weighed how much longer a heady, three-month rally will last.

A comprehensive regulatory plan for the financial industry is expected to go to Congress this summer.

Hotels and airlines are using incentives to try to satisfy a shrinking customer base.

Switzerland enters recession after its economy contracted 0.8% in the first three months of 2009.

Shares in Barclays fall 13% after news that one of the largest Middle Eastern investors in the firm sold a stake worth about £3.5bn.

Kingfisher reports a sharp rise in first-quarter profits as warmer weather boosts sales at its UK-based DIY-retailer B&Q.

Reuters - Improving global manufacturing data lifted Asian shares on Tuesday near levels before the collapse of Lehman Brothers in September, but the pace of gains slowed as investors pondered how much longer a heady three-month rally will last.

An investor is selling more than a billion shares in the British bank, taking a profit on a large part of an investment it made during the financial crisis last fall.

A mood of caution amid a three-month rally offset more signs that the global recession is starting to let up.

Opel and Vauxhall workers will have to wait at least three months before they know which jobs are to go, the BBC learns.

Unemployment in the 16 countries using the euro increased in April to its highest level in nearly ten years, official data shows.

BT is accused of limiting speeds for video services like iPlayer on its cheapest package without a clear warning to users.

Retail chain Poundland says its annual profits have more than doubled as shoppers seek bargains in the downturn.

Reuters - U.S. stock index futures pointed to a mostly lower open on Tuesday, on profit taking, as the market gives back some of the previous session's strong gains.

Reuters - British entrepreneur Richard Branson, founder and president of Virgin Atlantic Airways , said on Tuesday he believes it is unlikely that all big U.S. airlines will survive the next 12 to 18 months.

A day after seeking bankruptcy protection, the automaker said that it had tentatively agreed to sell the unit, and that the deal would probably save more than 3,000 U.S. jobs.

Life has become more complicated for the United Automobile Workers union, a sometime antagonist and now a major shareholder.

The April unemployment rate for the 16-member euro zone hit 9.2 percent, a 10-year high.

House prices around the world drop further in the first quarter of 2009 as the global recession worsens, with Latvia seeing the largest falls.

JPMorgan Chase and American Express are the latest US banks to announce share issues as they aim to raise funds to repay the government

General Motors announces plans to sell its Hummer brand of sports utility vehicles to an unnamed buyer by September.

Great luxury brands - Rolls, Bentley... and Vauxhall?

The average price of a litre of unleaded petrol has risen above £1 for the first time since October, figures show.

Malaysian firm Weststar pulls out of its deal to acquire LDV, forcing the van maker to apply for administration.

Oil continues its rally, rising above $67 for the first time since November on sustained hopes for a global economic recovery.

Reuters - U.S. stock index futures pointed to a flat to slightly lower open on Wall Street on Tuesday as investors looked to book profits a day after the S&P 500 index jumped to its highest close in seven months on positive economic data.

Reuters - General Motors said on Tuesday that it had entered into a memorandum of understanding to sell its Hummer brand, but didn't name the buyer or say how much money it would get for the all-SUV line.

Reuters - Abu Dhabi sold more than 11 percent of Barclays , making $2.5 billion from an investment that helped the British bank through the financial crisis and raising fears more may cash in on a recent rally in bank shares.

Reuters - Morgan Stanley plans to raise $2.2 billion in common equity to bring it closer to repaying its TARP loans, the company said on Tuesday.

Reuters - Electronics and appliance retailer hhgregg Inc posted a 34 percent jump in quarterly profit, but forecast full-year earnings below market estimates, fearing weak sales.

Sales rose 6.7 percent, a private group reported, the biggest monthly rise since October 2001.

Wall Street opened quietly a day after better-than-expected data sent the Dow and other major indexes up more than 2 percent.

The board of Lloyds Banking Group should put itself up for re-election, says an advisory board for institutional investors.

Reuters - U.S. stocks opened lower on Tuesday ahead of key housing data, a day after the S&P 500 index jumped to its highest close in seven months.

Reuters - Pending sales of previously owned U.S. homes in April unexpectedly saw their biggest monthly gain in 7-1/2 years, a report from a trade group on Tuesday showed, buttressing views the U.S. recession was easing.

Unemployment in the countries that use the euro currency was the highest since September 1999 in April. The rate for the 27-member European Union hit 8.6 percent.

The housing data was enough to push the Dow Jones industrial average into positive terrority and raise the possibility of the index turning positive for the year.

Reuters - Pending sales of previously owned U.S. homes shot up by 6.7 percent in April, the biggest monthly gain in 7-1/2 years, according to a report on Tuesday that buttressed views the U.S. recession was easing.

Reuters - Bank of America Corp , JPMorgan Chase & Co and several other banks said they have raised more than $19 billion as lenders scramble to extricate themselves from Washington's grip.

A machinery company in western China with ambitions to become a carmaker has reportedly agreed to buy the brand from G.M.

Ford continues to gain market share from its American rivals, both now in bankruptcy protection.

Lawyers for Chrysler had sought the move in an effort to fast-track the deal.

At the end of his trip, Treasury Secretary Timothy F. Geithner said that China has ?a fair amount of confidence in the underlying strength of the American economy.?

The dollar slid to its lowest level since September, despite assurances by the U.S. Treasury secretary that Beijing?s investments were secure. Meanwhile, U.S. stocks wavered.

Ford, which is the only one of the Big Three US car makers not to have gone bankrupt, reports its market share in May was the highest since 2006.

Reuters - U.S. stocks reduced earlier gains on Tuesday as financial shares came under pressure after several companies announced stock offerings. Major indexes had been higher in morning action after better-than-anticipated housing data bolstered hopes that the recession is abating.

Reuters - Ford Motor Co said on Tuesday that U.S. sales fell 24.2 percent in May for all of its brands as the only U.S. automaker not in bankruptcy reported its strongest domestic sales month since July 2008.

Reuters - MillerCoors, the second-largest brewer in the United States, sees beer sales growth slowing less rapidly in the downturn than wine and spirits and as the beermaker focuses on premium light and craft beers.

General Motors and Ford said that despite gains over this year, compared with a year ago sales were down 30 percent for G.M. and 24 percent for Ford.

The industry is reluctant to extend the embrace of a health care overhaul to what is a lucrative bit of business for it: small employers.

Carl C. Icahn succeeded in ousting the chairman of Amylin Pharmaceuticals, giving the billionaire financier a victory in his hard-fought proxy fight.

Software makers and PC manufacturers hope to spur sales with more complex touch-screen systems.

Losses at the nation?s thrifts narrowed considerably in the first quarter, but the number of institutions in trouble increased, the Office of Thrift Supervision said.

Nokia began shipping its most Internet-friendly smartphone to date, the first in a series of high-end phones expected this summer.

Fritz Henderson, a relative unknown in corporate America, has only a few months to turn General Motors around.

Reuters - Stocks ended higher on Tuesday as upbeat data on sales of previously owned U.S. homes lifted hopes for an economic rebound.

AP - The weather has finally thawed, so what about the icy grip consumers have kept on their wallets?

The insurance industry says it backs a health care overhaul, but it has made no promises regarding the small-employer segment of the market.

A Chinese investment in Australian mining has tapped queasiness in Australia over its Asian neighbor?s rising influence.

Software makers and PC manufacturers hope to spur sales with more complex touch-screen systems.

Development officials and local elected leaders are laying the groundwork for growth on both sides of the border south of San Diego and east across California?s Imperial Valley.

General Motors is to sell its Hummer brand to China's Sichuan Tengzhong Heavy Industrial Machinery.

Reuters - Stocks rose for a fourth straight day on Tuesday as an upbeat report on home sales bolstered hopes for an economic recovery as well as shares in construction companies.

Reuters - Pending sales of previously owned U.S. homes shot up by 6.7 percent in April, the biggest monthly gain in 7-1/2 years, according to a report on Tuesday that buttressed views the U.S. recession was easing.

AP - The rate at which people are falling behind on their mortgage payments went up for the ninth straight quarter in the first three months of 2009, and is expected to keep rising through the end of the year, according to credit reporting agency TransUnion.

A machinery company with ambitions to become a carmaker is the prospective owner, at an undisclosed price.

A Chinese investment in Australian mining has tapped queasiness in Australia over its Asian neighbor?s rising influence.

Investors are helping companies avoid some of litigation?s costs in exchange for part of any money paid out.

The insurance industry says it backs a health care overhaul, but it has made no promises regarding the small-employer segment of the market.

What's the next step for GM's global empire?

Reuters - Bank of America Corp , JPMorgan Chase & Co and several other banks said they have raised more than $19 billion as lenders scramble to extricate themselves from Washington's grip.

Auto suppliers, which employ more workers than the car companies themselves, find their fortunes directly tied, for better or worse, to the automakers.

New-vehicle sales in the United States climbed to their highest levels of the year in May, despite rising gas prices and the bankruptcies of General Motors and Chrysler.

Millions of homeowners are finding they do not qualify for help under the government?s mortgage assistance program because their payment histories are too good.

The pressure on companies, and even governments, to reduce costs means that many outsourcing businesses are booming.

Amylin Pharmaceuticals?s chairman, Joseph C. Cook Jr., was not re-elected by shareholders, giving billionaire financier Carl C. Icahn a greater voice in the company.

Shares in the British bank fell more than 13 percent on Tuesday after Abu Dhabi said it would sell most of its $3.3 billion stake.

The unemployment rate for the 16 countries that use the euro currency rose to 9.2 percent despite efforts to use public money to stem job losses.

The reluctance of consumers to spend has left even the savviest marketers scrambling to reconsider their strategies.

Hovnanian Enterprises saw signs of a thaw, but urged the government to extend tax credits and help homeowners more.

The average annual asking rent in the Flatiron district fell 29 percent to $285 a square foot from $401, the Real Estate Board of New York found.

While the Obama administration and some institutions have pushed for a single federal regulator, it may make sense to have many, more effective ones.

George S. Canellos, a former federal prosecutor who handled banking and insurance fraud, will join the regulatory agency?s investigative staff.

The carmaker, which has lost significant market share over the last three decades, projects in its bankruptcy filing that the slide will taper off.

Millions of homeowners do not qualify for help under the government?s mortgage assistance program because their payment histories are too good.

The antitrust investigation targets some of Silicon Valley?s best known companies, including Google, Yahoo, Apple and several others, according to two people with knowledge of the investigation.

Chinese investments in Australian mining have tapped queasiness in Australia over China?s rising influence.