Reuters - Top video game publisher Electronic Arts Inc issued an annual profit outlook on Tuesday that fell short of Wall Street forecasts as a drive to improve quality jacked up costs. Its shares fell 3.7 percent.

Reuters - Hewlett-Packard Co plans to buy technology outsourcing company Electronic Data Systems Corp to better compete against IBM , but Wall Street questioned whether the $12.6 billion deal for a slow-growing company was overpriced.

Reuters - Billionaire investor Carl Icahn is considering running a proxy campaign to elect new board members at Yahoo Inc after the company failed to forge a deal to merge with Microsoft Corp , a source close to the matter said on Tuesday.

AP - WASHINGTON — Consumers cut back on car-buying in April but boosted spending in a number of other areas, giving evidence of the economy's staying power in spite of soaring gasoline prices.

Reuters - JPMorgan Chase & Co could cut as many as 4,000 of its own employees worldwide as the bank prepares to take on staff from Bear Stearns Cos at the same time it deals with turmoil in financial markets, people familiar with the situation said on Tuesday.

Reuters - Top video game publisher Electronic Arts Inc on Tuesday posted a quarterly profit that beat Wall Street expectations and said it expects to gain market share on the strength of upcoming titles like "Spore" and "The Sims 3."

AP - WASHINGTON — Consumers cut back on car-buying in April but boosted spending in a number of other areas, giving evidence of the economy's staying power in spite of soaring gasoline prices.

Reuters - Whole Foods Market Inc on Tuesday posted lower quarterly net profit, missing analysts' estimates by a penny, as it booked charges related to its $565 million acquisition of rival Wild Oats Markets in August.

Reuters - Blue-chip stocks declined on Tuesday as oil rose to another record and underscored concerns about inflation, while the Federal Reserve chairman said financial markets are still troubled.

Reuters - Electronic Arts Inc posted a bigger quarterly net loss on Tuesday due to restructuring costs, but net revenue beat Wall Street expectations, driven by titles such as "Rock Band" and "Army of Two."