Crude oil prices up Tuesday

The price of light, sweet crude dropped sharply Monday as the dollar gained strength. On Tuesday, prices regained 79 cents to reach $79.49 per barrel.

U.S. markets flat Tuesday

The Standard & Poor's Case-Shiller 20-city composite index said home prices rose 1.2 percent from July to August, although prices in the index remain 11.3 percent below August of 2008.

Amazon backs away from wine sales

A spokesperson for the Internet retail giant said, I can confirm Amazon will not be getting into the wine business. We will not be providing additional details, Seattlepi.com reported Tuesday.

Russia backs away from major gold sale

Due to the leak of the information the sale in the reported period and in the reported form will not take place, said the government, which had contemplated unloading at least 20 tons and up to 50.

Boeing's South Carolina threat remains

Boeing is negotiating with machinists to seal a 10-year contract with a no-strike clause. Otherwise, the company is threatening to create a second production line for the 787 in South Carolina, rather than Everett, Wash., The Seattle Times reported Tuesday.

U.S. markets flat Tuesday

The Standard & Poor's Case-Shiller 20-city composite index said home prices rose 1.2 percent from July to August, although prices in the index remain 11.3 percent below August of 2008.

Warning issued on infant pacifiers

The commission said the distributor of the pacifiers, T & L Trading Corp. of Brooklyn, N.Y., had refused to recall the products.

Louis Hornick Roman Shades recalled

About 364,000 Dublin Energy Solution Roman Shades were imported from China by Louis Hornick & Co. Inc. of New York and sold nationwide from August 2007 and September 2009 for between $40 and $130.

Grain futures close lower Tuesday

Corn was off 7 to off 7 1/4, soybeans were off 7 to off 13, wheat was off 21 1/4 to off 23 3/4 and oats were off 3 1/2 to off 4 1/2.

Nestle project corked in California

Food giant Nestle, which began construction at the plant a month ago, said 80 people would be out of work while the project is halted.

Amazon backs away from wine sales

A spokesperson for the Internet retail giant said, I can confirm Amazon will not be getting into the wine business. We will not be providing additional details, Seattlepi.com reported Tuesday.

Economic Outlook: Rescue without taxpayers

It appears an oxymoron to suggest the government would step in absent any taxpayer funding, but the gist of the matter is we are pursuing a policy of polluter pays, an official involved in the deal-making said.