Wall St. opens higher on tech lift

NEW YORK - U.S. stocks rose at the open on Tuesday, with the S&P 500 on track for a fourth straight session of gains, as Apple and Texas Instruments rallied after their results.

Recent Business News

China food scandal, tough U.S. competition pummel McDonald's

- McDonald's Corp reported a 30 percent fall in quarterly profit due to a food scandal in China and tough competition in the United States, and the world's largest restaurant chain said these factors were expected to hurt current-quarter results.

9:15am EDT

Fed inspector general: NY Fed stumbled in handling of JPMorgan London Whale

WASHINGTON - The Federal Reserve's inspector general arm found several flaws in the way the New York Fed handled J.P. Morgan's huge credit derivative losses in 2012, including limited resources and competing priorities.

Verizon posts higher revenue, falls short of profit estimates

WASHINGTON - Verizon Communications Inc on Tuesday posted lower-than-expected quarterly earnings, but revenue rose as it added customers to its wireless business.

8:45am EDT

Apple seen riding higher on strong iPhone demand, iPad rebound

- Strong global demand for Apple Inc's iPhone 6 will drive revenue growth through 2015, while updated models should help reverse three straight quarters of declining iPad sales, analysts said.

Tech, Media 8:07am EDT

Kinder Morgan Canada pipeline plans hits a mountain of opposition

VANCOUVER - A Western Canadian pipeline once seen as the best near-term hope for sending more of the country's controversial tar sands crude to Asia has hit another snag: aboriginal communities intent on using the courts to block the proposed expansion.

8:02am EDT


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Sector Summary

What could be sweeter than sugar?

The top sugar brand in the United States, Domino Sugar, has announced it is joining the diet bandwagon by launching a no-calorie, "natural" sweetener line extracted from Paraguay's stevia plant.