LOS ANGELES (Reuters) - Automaker General Motors Corp (GM.N) said on Tuesday it would book a $39 billion non-cash charge in the third quarter related to deferred tax assets in the United States, Canada and Germany.
Oil prices rose more than $2 per barrel and set a new tradinghigh on Tuesday on expectations of declines in U.S. crude oilstocks, fueling concerns of a supply shortage as winter begins inthe Northern Hemisphere.
WASHINGTON (AP) - Mattel Inc. on Tuesday recalled more than172,000 Fisher-Price kitchen toys in the United States and Europebecause several children choked and gagged on small, detachableparts.
WASHINGTON (AP) - Yahoo Inc. Chief Executive Jerry Yangtestified to lawmakers on Tuesday that the company has been ``openand forthcoming''about its role in a Chinese governmentinvestigation that led in 2005 to a journalist's imprisonment.
The U.S. government's food and drug regulatoryagency would be empowered to order mandatory recalls of productsdeemed a risk to consumers under recommendations from an advisorycommission created in response to concerns about recalls ofdangerous toothpaste, dog food and toys.
TOKYO (AP) - Former U.S. Federal Reserve Chairman Alan Greenspansaid Tuesday that cutting excess home inventories in the UnitedStates is key to stabilize the financial system at home and therest of the world.