Reuters - La-Z-Boy Inc , the furniture maker and retailer, reported a wider quarterly loss on Tuesday and saw a decline in sales as cash-strapped consumers curb purchases.

AP - Japanese stocks retreated Tuesday amid broad regional declines as investors grappled with more bad news about the global economy, including a massive round of layoffs in the financial sector.

More companies that file for bankruptcy protection are shutting down because they cannot obtain enough financing to operate while they reorganize.

The company said its global reach, diverse customer base and cost-cutting were helping it weather the economic downturn and that it expected fourth-quarter results well above expectations.

China passed Japan to become the U.S. government's largest foreign creditor in September, the Treasury Department announced yesterday, reflecting the dramatic expansion of Beijing's economic influence over the American economy.

AP - Chinese shares fell sharply Tuesday on profit-taking and worries about a slowing economy after advancing for four trading days.

Reuters - Hewlett-Packard Co gave a stronger-than-expected full-year profit forecast and preliminary results, saying it was benefiting from its global reach, diverse customer base and cost cuts.

After a Senate inquiry found evidence of deceptive marketing, AARP has hired an outside investigator to look into sales of some of its popular health insurance products.

Reuters - Plane maker Boeing Co is reworking its entire production schedule, adding up to 10 weeks to original delivery dates for all 3,734 jetliners in its order backlog as it tries to recover from a machinists' strike, the Wall Street Journal said, citing people familiar with the situation.

Reuters - The U.S. Treasury Secretary and members of Congress locked horns on Tuesday over a $700 billion financial bailout fund, with lawmakers demanding money to stem foreclosures and Henry Paulson arguing it was meant for investing in financial companies.

Wal-Mart Stores Inc. plans to give more than 90 million pounds of fresh food annually to the nation?s largest nonprofit organization addressing hunger, Feeding America.

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Even before being sworn in, Barack Obama has confronted his first big test as president and passed it with flying colors.

Mark Cuban, the outspoken owner of the NBA's Dallas Mavericks, is skilled at getting attention in the basketball arena, but it was his trading in a Canadian Internet start-up that has gotten the notice of the Securities and Exchange Commission.

Reuters - The White House on Monday opposed Senate Democrats' proposal for a $25 billion bailout for the U.S. auto industry and urged instead that aid be provided through government loans already appropriated for the industry by Congress.

Yahoo said Mr. Yang, who helped build the company into an Internet giant, would step down from his role as chief executive.

Yahoo chief executive Jerry Yang will step down, the company announced last night, as the once-highflying Internet portal struggles to steady itself in the turbulent environment for Web media.

The Securities and Exchange Commission filed a civil suit charging the Internet entrepreneur with insider trading for selling shares of an Internet search company in 2004.

Reuters - Mark Cuban, owner of the Dallas Mavericks professional basketball team, was charged with insider trading in shares of Mamma.com Inc, an Internet search engine firm, the Securities and Exchange Commission said on Monday.

Yahoo said Jerry Yang, its chief executive, would leave that role after the company finds a replacement.