Investors, expecting interest rates to rise, are edging away from the traditional safe haven of government debt.

All computers sold in the country must include software to filter out ?unhealthy information? from the Internet.

CSL said it ended its proposed $3.1 billion acquisition of the Talecris Biotherapeutics Holdings Corporation after the deal was blocked by the Federal Trade Commission.

Professor Motwani taught computer science at Stanford and was a mentor to many Silicon Valley start-ups.

Workers vote down a cost-cutting plan aimed at saving one of America's most respected papers, the Boston Globe.

Reuters - Asian shares fell on Tuesday for a second consecutive session as investors worried that a recent rally may be overdone, though oil prices extended gains ahead of data this week expected to show a fall in U.S. crude inventories.

President Obama said that he expected his economic stimulus package to save or create an additional 600,000 jobs this summer.

All computers sold in the country must include software to filter out ?unhealthy information? from the Internet.

Setanta is facing administration 'within days' unless its backer give it more funds to pay millions it owes in television rights.

The Gulf state of Qatar is considering buying a stake in either Porsche or Volkswagen as merger talks between the two remain in stalemate.

Lloyds Banking Group is to close all 160 branches of Cheltenham and Gloucester, risking up to 1,500 jobs.

Reuters - Three groups have entered bids for Saab, General Motor's Swedish car unit, and a preferred bidder is to be chosen by the end of this week, the Financial Times newspaper reported on Tuesday, citing sources.

Reuters - World stocks rose on Tuesday, led by a rebound in Europe, while the dollar slipped and investors sought fresh signs that the global economy is at least not getting worse.

AFP - The board of retail and tourism giant Arcandor was holding an emergency meeting to save the company and its 50,000 workers in Germany, a spokesman said Tuesday, after Berlin rejected its bid for aid.

If the U.S. Supreme Court decides to hear an appeal that lasts weeks or months, it could put Chrysler at risk of going out of business.

Fiat says it will go ahead with its deal to take 20% of Chrysler even if a Supreme Court ruling means it misses a 15 June deadline.

The chief executive of Royal Dutch Shell calls for reform of how top executives are rewarded.

The crisis in Latvia is among the topics to be discussed at a meeting of European Union finance ministers.

The Swiss government is in talks about selling its investment in the country's biggest bank, UBS.

Reuters - Dow Jones futures fell 0.1 percent, S&P 500 futures also fell 0.1 percent while Nasdaq futures rose 0.2 percent by 0925 GMT, pointing to a mixed open for Wall Street's main indexes on Tuesday.

The union at The Boston Globe narrowly rejected cuts despite threats of deeper reductions in pay from The New York Times Company, which owns the paper.

German retailer Arcandor, the owner of Thomas Cook, has filed for bankruptcy, putting 50,000 jobs at risk.

Russia and Europe fight pipeline 'war' with huge stakes

Suffolk-based brewer Greene King acquires 11 pubs from rival Punch Taverns.

Germany's exports in April were 28.7% lower than a year ago, the Federal Statistics Office says.

Reuters - Procter & Gamble Co is set to name Robert McDonald as its next chief executive officer, taking over from A.G. Lafley, the Wall Street Journal reported on Monday.

Reuters - GE Aviation, a unit of General Electric Co and the world's largest maker of jet engines, expects orders this year to halve as airlines slow plane buying amid a slump in travel demand.

AFP - Retail and tourism giant Arcandor said on Tuesday it had filed for bankruptcy with the likely loss of around 43,000 jobs in Germany, after Berlin dismissed its request for emergency state aid.

Goldman Sachs, JPMorgan Chase and eight other large banks were reportedly deemed strong enough by the Treasury Department to return more than $68 billion in taxpayer aid.

Activity was subdued as investors awaited signals from Wall Street about whether the three-month stock rally would continue.

Arcandor made the bankruptcy filing after the government rejected its request for emergency state aid.

Brazil goes into recession after official figures show its economy contracted by 0.8% in the first three months of 2009.

Value for money from public services fell by 3.2% between 1997 and 2007, the Office for National Statistics says.

Reuters - Stocks opened higher on Tuesday after Texas Instruments Inc raised its quarterly outlook, lifting technology shares, while rising oil prices boosted energy issues.

Reuters - U.S. consumer confidence rose in June, mirroring the strong gains the stock market has made since early March, a survey released on Tuesday said.

Reuters - Talbots Inc posted a much narrower-than-expected loss on Tuesday, a day after the women's apparel retailer decided to sell its J.Jill division to Golden Gate, and said it would cut corporate headcount across all locations by about 20 percent.

Edward E. Whitacre Jr. will head a recast board to oversee the ?New G.M.? that will emerge from bankruptcy.

An investment could help the German sports car maker avoid a cash crunch, and give new life to its plan to merge with Volkswagen.

Federal authorities are expected on Tuesday to indict one of the biggest tax shelter promoters of recent years, according to persons briefed on the matter.

Stocks were lethargic in early trading, a sign that the government announcement that 10 banks could repay bailout funds had been anticipated by financial markets.

Ten of the largest US banks will be able to repay $68bn in government bail-out money, the US Treasury says.

Shares in the manufacturer of the iconic London black cab jump nearly 16%after it unveils plans to raise £9.4m to fund global expansion.

Reuters - Technology shares led Nasdaq higher on Tuesday after Texas Instruments raised its outlook, but other indexes were lower after plans by big banks to repay government bailout funds failed to stir investors.

Reuters - U.S. Treasury Secretary Timothy Geithner said on Tuesday he would soon revamp the country's regulatory system to prevent a repeat of excessive risk-taking that has tipped it into a severe recession.

AFP - German retail and tourism giant Arcandor filed for bankruptcy on Tuesday, putting around 43,000 jobs at risk after Berlin dismissed the company's request for emergency state aid.

Gian Giacomo Ferraris, who succeeds Giancarlo Di Risio, has been chief executive of the Jil Sander Group since 2004.

European leaders, preoccupied with domestic politics, are fighting over how to combat the economic slump, protecting jobs at home at the expense of fellow members.

Reuters - U.S. stocks briefly extended gains on Tuesday following a solid U.S. Treasury 3-year note auction, as concerns over a possible rise in borrowing costs waned.

Reuters - General Motors Corp said on Tuesday that former chairman and chief executive of AT&T Inc Edward Whitacre will become chairman of the restructured automaker later this summer.

AP - New York's attorney general says consumers do not have to pay upfront fees to companies that promise help in staving off home foreclosures.

AP - A bankrupt California-based subprime mortgage lender has agreed to pay $10 million to settle allegations of unfair practices that contributed to the current spike in Massachusetts home foreclosures.

AP - German retailer Arcandor AG filed for bankruptcy protection Tuesday in an effort to salvage its department stores and its mail-order arm, a day after the government rejected its bid for state-backed emergency credit.

Lawmakers and executives are looking to alternative industries like filmmaking and solar panel production.

Several major multi-use developments, three of the largest on the city?s waterfront, have been clipped back by a lack of financing.

New York Attorney General Andrew Cuomo plans to sue a loan modification firm and has subpoenaed data from 14 similar companies as part of a nationwide investigation.

The girlfriend of a hedge fund manager convicted of defrauding investors was sentenced to three years of probation on Tuesday for helping him stage a suicide to avoid going to prison.

Some economists were encouraged because sales dropped at a slower pace than in March.

As the automaker awaits action by the Supreme Court, it has asked a federal bankruptcy judge to approve the termination of 789 dealer franchises.

Reuters - The Nasdaq rose on Tuesday after an improved outlook from Texas Instruments lifted technology stocks, but gains on other indexes were limited as plans by big banks to repay government bailout funds raised concerns whether the move would help the economy recover.

Reuters - The Obama administration and congressional Democrats got a clear view on Tuesday of the uphill political path they face in pushing for tighter regulation of U.S. banks and financial markets.

AP - Signs of stabilization in the job market are emerging, according to several private surveys, as restaurants, mortgage servicers and health centers step up hiring.

Reed College in Oregon, known for academic rigor and a free-spirited student body, has had to make budget cuts and reject some needy applicants.

Federal authorities indict the former chief executive of the accounting firm BDO Seidman and six others in a tax case.

As the automaker awaits action by the Supreme Court, it has asked a federal bankruptcy judge to approve the termination of 789 dealer franchises.

Setanta executives discuss an emergency rescue package in attempt to stave off administration, the BBC learns.

Reuters - The Nasdaq rose on Tuesday after an improved outlook from Texas Instruments lifted technology stocks, but news that 10 big banks will repay TARP funds failed to stir investor enthusiasm.

Reuters - A House of Representatives committee on Tuesday said it would subpoena the Federal Reserve to force the central bank to surrender documents regarding its role in Bank of America's takeover of Merrill Lynch last year.

Reuters - General Motors Corp on Tuesday took a step toward restructuring its widely criticized board by naming former AT&T Inc CEO Ed Whitacre to become chairman of the reorganized automaker when it emerges from bankruptcy under U.S. government oversight.

Reuters - The chief risk officer of Countrywide Financial Corp, the poster-child company for the loose U.S. home loans that staggered the world economy, was warning against them even when it put him at odds with his own company -- and with Fed chairman Ben Bernanke.

The United States Supreme Court declined to hear a challenge to the Chrysler bankruptcy settlement, clearing the way for the sale of Chrysler?s key assets to a group led by Fiat.

Stocks were lethargic in early trading, a sign that the government announcement that 10 banks could repay bailout funds had been anticipated by financial markets.

Cash-flow problems have already delayed the arrival of this year?s checks to help repay student loans, and the future looks dire.

The girlfriend of a hedge fund manager convicted of defrauding investors was sentenced to three years of probation on Tuesday for helping him stage a suicide to avoid going to prison.

Several major multi-use developments, three of the largest on the city?s waterfront, have been clipped back by a lack of financing.

The US Supreme Court removes a stay on Fiat's plan to buy up part of the bankrupt carmaker Chrysler.

Airlines are hoping for an economic updraught

Edward E. Whitacre Jr. will head a recast board to oversee the ?New G.M.? that will emerge from bankruptcy.

As Michigan hemorrhages jobs, lawmakers and executives seek alternative industries, like filmmaking and solar panel production, to take up the slack.

Reed College in Oregon, known for academic rigor and a free-spirited student body, has had to make budget cuts and reject some needy applicants.

The superagent Ariel Z. Emanuel, brother of President Obama?s chief of staff, has emerged in the last six weeks as the pre-eminent power player in a Hollywood.

Goldman Sachs, JPMorgan Chase and eight other large banks were deemed strong enough by federal regulators to return more than $68 billion in taxpayer aid.

BOSTON ? A day after its members narrowly rejecting a package of wage and benefit cuts, the Boston Globe?s largest union filed a complaint on Tuesday with federal regulators, challenging the 23 percent pay cut the newspaper had set in motion.

The Justice Department has requested information from Google and groups representing publishers and authors, among others.

Exposure to emerging markets, which have led a global rally, has paid off for some hedge fund managers.

Members of the largest U.S. actors union overwhelmingly voted to approve a two-year contract with Hollywood studios, ending nearly a year of labor unrest.

An industry that offers to intercede on behalf of consumers is concerned that the economic crisis might prove to be its undoing.

FedEx is fighting a labor bill in Congress making it easier for workers to form unions by taking shots at its chief rival, U.P.S., which is unionized.

The House oversight committee is seeking notes of meetings to determine, among other things, whether regulators put pressure on Bank of America to acquire Merrill Lynch.

Beyond the sniping between Democrats and Republicans about how the government racked up so much debt, there is enough blame to go around.

Goldman Sachs, JPMorgan Chase and eight other large banks were deemed strong enough by federal regulators to return more than $68 billion in taxpayer aid.

As the state hemorrhages jobs, lawmakers and executives seek alternative industries ? like filmmaking and solar panel production ? to take up the slack.

The superagent Ariel Z. Emanuel, brother of President Obama?s chief of staff, has emerged in the last six weeks as the pre-eminent power player in Hollywood.

The increasing popularity of BlackBerrys, iPhones and their kin owes as much to sociology as technology.

Questionable tax shelters earned their promoters hundreds of millions of dollars in fees and continue to plague the tax advisory industry.

When advertisers assess a magazine?s reach, they rely on the results of door-to-door surveys. New services intend to update that model.

About 27,000 players using offshore poker sites will not receive $33 million in winnings until problems with companies that process payments are solved.

The vote ended a nearly yearlong standoff that resulted in the union?s missing out on potential pay increases and on contracts on new television series.

An outside firm is projecting a 23% jump in revenue for the Internet company in a year when classified advertising in newspapers has plummeted.

California cannot solve its budget crisis by shirking bondholders and declaring default; that would make future borrowing impossibly expensive.

The House oversight committee is seeking notes of meetings to determine, among other things, whether regulators put pressure on Bank of America to acquire Merrill Lynch.

Japan's core machinery orders fall further than expected, government figures show, with a drop of 5.4% in April.

Kiva, an internet bank enabling small loans to be made to entrepreneurs in developing countries, will now also allow loans to people in the United States.

Reuters - Commodity-related shares led Asian stocks higher on Wednesday, snapping a two-day decline, after metals and oil prices rallied on a decline in the U.S. dollar and as hopes grew for stronger Chinese industrial demand.