Reuters - General Electric Co plans to scale back its hefty finance arm and cut jobs across its range of businesses as it braces for what it expects to be a worsening economic environment next year, executives said.

Reuters - Stocks rallied on Tuesday as bargain hunters snatched up beaten down shares after Monday's steep sell-off, buttressed by news that General Electric would maintain its dividend.

Reuters - The former chief executive of AOL Jonathan Miller is trying to raise money to buy part or all of Yahoo, according to the Wall Street Journal.

Reuters - Stocks extended their advance on Tuesday, sending benchmark indexes up more than 3 percent, as investors waded back into beaten-down sectors, including financials, following Monday's sell-off.

Reuters - Ford Motor Co said on Tuesday November U.S. sales were down 30.6 percent.

Reuters - U.S. automakers started to submit plans demanded by Congress as the Big Three's CEOs and lawmakers gird for debate over a $25 billion bailout the industry says it needs to survive.

AP - The percentage of people who are two months behind on their mortgages shot up in the third quarter from the same period last year, according to credit reporting agency TransUnion LLC.

Reuters - Oil fell below $49 a barrel on Tuesday, after reversing early losses in response to a rally in U.S. and European shares.

Reuters - Stocks rose on Tuesday as investors snapped up beaten-down shares after Monday's steep sell-off and news that General Electric would maintain its dividend helped buoy sentiment.

AP - Shares in Tesco PLC jumped more than 6 percent on Tuesday after Britain's largest retailer revealed that its plan to lure in shoppers worried about the recession with a new budget range is working.