NBC Universal said Tuesday it is buying Oxygen Media, a cable television network designed to appeal to women, for about $925 million (?658.97 million).
Around the world, Internet users are conducting about 1.4 million searches every minute ?most of them through Google Inc., a new comScore study estimates.
Worried that a jarring credit crunch would stifle the U.S. economy, Federal Reserve policymakers at their September meeting felt compelled to act aggressively in lowering a key interest rate for the first time in over four years.
A growing number of Americans say the economy is the nation's top problem, with the less educated among the most worried, an Associated Press-Ipsos poll showed Tuesday.
ConAgra Foods Inc. voluntarily stopped production Tuesday at the Missouri plant that makes its Banquet pot pies after health officials said the pies may be linked to 139 cases of salmonella in 30 U.S. states.
Independent film studio Lionsgate Entertainment Corp. and Mexican media conglomerate Grupo Televisa have reached a deal to make movies and English-language versions of popular Spanish-language television shows for distribution in the U.S., a newspaper reported Tuesday.
Wall Street advanced sharply Tuesday as investors interpreted minutes from the Federal Reserve's last meeting as indicating the central bank is ready to keep cutting interest rates to boost the economy. The Dow Jones industrial average and Standard &Poor's 500 index hit records.
Microsoft Corp. issued seven security patches in a regular update Tuesday, among them fixes for flaws that could let hackers hijack computers using a Web browser.
As Sprint Nextel Corp. looks to replace ousted Chairman and Chief Executive Officer Gary Forsee, the wireless carrier has reached another crossroads in shaping its future.
Chevron Corp. reminded investors Tuesday that its third-quarter profit will drop sharply from the record levels reached during the spring, largely because the oil company made less money from refineries that feed gasoline pumps.
