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Reuters - Alcoa Inc said on Tuesday it would slash more than 15,000 jobs, halve capital spending and sell four businesses as it reduces aluminum production in the face of the global economic downturn.
Reuters - Top U.S. lender Bank of America , raising cash to weather a dismal market at home, is selling a $2.83 billion chunk of its holding in China Construction Bank (0939.HK) at a 12 percent discount on Wednesday, according to a term sheet obtained by Reuters.
Reuters - Politicians want American consumers to resume spending to pull the economy out of its tailspin, and the U.S. government is leading by example with a potential $1 trillion deficit in 2009 -- even before a massive stimulus plan.
Reuters - Stocks gained on Tuesday on the increased likelihood of a government stimulus package after the release of minutes from the last Federal Reserve policy meeting painted a dismal picture of the U.S. economy.
Reuters - The U.S. government is beefing up a task force to fight mortgage crimes and safeguard federal financial bailouts, the U.S. Justice Department said on Tuesday.
AP - Two more months of mortgage payments and retiree Allan Goldstein says he'll be broke, just another victim in what may be the biggest Ponzi scheme in history.
AP - It's not exactly a presidential pardon, but prosecutors have agreed to drop charges filed against "W." actors Josh Brolin and Jeffrey Wright after an incident a Louisiana bar last year.
E! Online - Jennifer Garner's nursery is abloom with more than Violet.
E! Online - Barack Obama is apparently looking to bring sexy back to Washington.
E! Online - Are Tom Cruise and Katie Holmes trying to give Donald Trump a run for his New York City real estate money?
AP - Lisa Marie Presley is expressing her condolences over Jett Travolta's death and defending Scientology, the religion that Presley, John Travolta and Kelly Preston follow.
Reuters - Apple Inc has reached a deal with major record labels to sell digital songs without the copy protection software that had prevented fans from sharing music bought from its iTunes store, the maker of the iPod and iPhone said on Tuesday.
Reuters - The Ashton Kutcher-ing of television continues with ABC's "True Beauty," a pandering show that finds the actor who gave us "Punk'd" and "Beauty and the Geek" serving as one of eight executive producers.
AP - Lisa Marie Presley is expressing her condolences over Jett Travolta's death and defending Scientology, the religion that Presley, John Travolta and Kelly Preston follow.
Fashion Wire Daily - You'd think that at a movie premiere for a flick called "Bride Wars" would be all about the dresses, but in New York on Monday night, it was all about the hair.
Reuters - Cuba on Monday made the first of thousands of digitized documents, photographs and books that belonged to writer Ernest Hemingway available to scholars after the items languished for decades in the basement of his home outside of Havana.