Reuters - Treasury Secretary Henry Paulson on Tuesday said the unpredictable nature of the current financial crisis meant it was necessary to ensure that financial bailout money was not diverted to other uses.
Reuters - Billionaire basketball team owner Mark Cuban responded to U.S. insider trading charges on Tuesday, saying on his website that he had not agreed to keep information about a proposed stock sale confidential.
Reuters - Stock futures pointed to a lower Wall Street open on Tuesday, with futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 down 1.5 to 1.8 percent at 5:54 a.m. EST.
Reuters - Producer prices fell a record 2.8 percent in October as energy prices slid, government data on Tuesday showed, but a measure of core inflation at the farm and factory gate rose more than forecast.
Home Depot, the home improvement retail chain, reported a 31 percent drop in quarterly profit as consumers put off big-ticket projects amid a deepening economic crisis.
Reuters - Japan's Mazda Motor Corp (7261.T) said on Tuesday it would announce major-shareholder changes amid reports that Ford Motor Co would shed a stake of about 20 percent in its affiliate.
Reuters - Home Depot Inc reported a 31 percent drop in quarterly profit on Tuesday as consumers put off big-ticket projects amid a deepening economic crisis.
HSBC announced that it would cut 500 jobs in Asia. And Citigroup?s roughly 50,000 employees in the were faced with the reality that some of job cuts announced Monday could hit them.