Business News - Reuters

NEW YORK (Reuters) - U.S. stocks were little changed on Tuesday, stalling the S&P 500 index's string of six straight advances, as investors paused to assess recent gains. Full Story »

WASHINGTON (Reuters) - The chairman of the U.S. Senate Banking Committee introduced a financial regulation reform bill on Tuesday that leaps beyond earlier proposals, calling for new government agencies on financial stability, bank supervision and financial consumer protection. Full Story »

NEW YORK (Reuters) - American Express Co said credit card spending increased in October from September in another sign that the worst of the financial crisis may have passed for the largest U.S. credit-card company, sending its shares up 1.5 percent to a 14-month high. Full Story »

SHANGHAI/NEW YORK (Reuters) - In the end, Garth Peterson, a rising star at Morgan Stanley in China, was undone by his pursuit of "guanxi." Full Story »

NEW YORK/WASHINGTON (Reuters) - The European Commission has objected to Oracle Corp's acquisition of computer maker Sun Microsystems Inc , throwing the $7 billion deal into question. Full Story »

LONDON (Reuters) - Britain's top two banks, HSBC and Barclays , signaled bad debts may be past their peak, with HSBC declaring on Tuesday the first improvement for three years in losses on U.S. consumer credit. Full Story »

ATLANTA, Georgia (Reuters) - Federal Reserve officials on Tuesday struck a cautious note on the U.S. economy, citing high unemployment, heavy reliance on government support and commercial real estate woes as hurdles to recovery. Full Story »

WASHINGTON/NEW YORK (Reuters) - A reserve fund must be established ahead of time to give the government the working capital it needs to dismantle large, troubled financial companies, a top U.S. bank regulator said on Tuesday. Full Story »

SAN FRANCISCO/NEW YORK (Reuters) - Activision Blizzard Inc's hugely anticipated "Call of Duty: Modern Warfare 2" video game went on sale on Tuesday, welcomed by eager fans who lined up hours in advance of the release. Full Story »

NEW YORK (Reuters) - Oil prices fell on Tuesday as the dollar firmed and energy companies began restoring offshore operations disrupted by Tropical Storm Ida. Full Story »