Delta Air Lines posts smaller quarterly loss

Delta Air Lines <DAL.N>, the world's biggest air carrier, reported a much narrower fourth-quarter loss on Tuesday as cost cuts overshadowed revenue pressures.

DuPont posts profit as revenue spikes; forecast raised

DuPont <DD.N> posted a stronger-than-expected fourth-quarter profit on Tuesday helped by a 12.3 percent jump in revenue, with the chemical maker boosting its earnings forecast for 2010.

Stock futures fall on China lending clampdown

U.S. stock index futures were down on Tuesday after China clamped down on lending requirements, weighing on overseas markets.

U.S. bailout watchdog probes NY Fed on AIG disclosure

A U.S. bailout watchdog has launched two new investigations into the New York Federal Reserve Bank's actions on insurer AIG's <AIG.N> disclosure of payments to banks after its 2008 rescue, excerpts of prepared congressional testimony showed on Monday.

Apple's Mac sales shine, iPhone lags Street view

Apple Inc posted better-than-forecast Mac sales and strong growth in Asia and Europe, but iPhone shipments came in just below Wall Street's somewhat heightened expectations.

BoE urges cooperation with Obama on bank reform

Britain needs a safer and more robust banking system, its top central banker said on Tuesday, urging the country to work with President Barack Obama on his plans for a drastic overhaul of the global financial system.

China lending clampdown weighs on global stocks

Standard & Poor's cut its rating outlook on Japan on Tuesday and China implemented a clampdown on lending, hitting investor confidence about global economic recovery.

S&P warns may cut Japan's rating over soaring debt

Standard and Poor's on Tuesday threatened to cut Japan's credit rating unless it produced a credible plan to rein in its soaring debt and lift growth in an economy plagued by persistent deflation.

China tightening worries spook investors, hit markets

Fears of more Chinese policy tightening spooked global markets on Tuesday after Beijing ordered some banks to comply immediately with a planned increase in reserves and a report suggested earlier attempts at curbing lending had failed.

U.S. stock exchanges push for sub-penny pricing: report

Major U.S. stock exchanges are pressing the regulator to allow price quotes in increments as small as one-tenth of a cent, the Wall Street Journal said on Tuesday.

Stock futures point to lower open on Wall Street

Stock index futures pointed to a lower opening on Wall Street on Wednesday, following declines in Asia after China implemented an increase in higher reserve requirements for some lenders.

Yen rallies, hits 9-month high vs euro

The yen hit a nine-month high against the euro on Tuesday, rallying after a Japanese Finance Ministry official pledged fiscal discipline after ratings agency S&P downgraded its outlook on the country's sovereign rating.