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Wall Street up on data, mixed earnings

NEW YORK - U.S. stocks rose on Tuesday as inflation data was seen keeping the Federal Reserve in an equities-friendly tone, while hopes rose for an easing of tensions in Ukraine.

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Credit Suisse posts big loss after U.S. tax settlement

ZURICH - Credit Suisse Group AG will quit commodities trading after chalking up its biggest loss since the financial crisis in 2008, the result of a 1.6 billion Swiss franc ($1.78 billion) fine from U.S. authorities for helping its clients evade taxes. | Video

11:51am EDT

China food scandal spreads, drags in Starbucks, Burger King and McNuggets in Japan

SHANGHAI - The latest food scandal in China is spreading fast, dragging in U.S. coffee chain Starbucks, Burger King Worldwide Inc and others, as well as McDonald's products as far away as Japan. | Video

China, Japan 12:30pm EDT

Verizon revenues top estimates on wireless surge

- Verizon Communications Inc, the largest U.S. wireless telecommunications company, on Tuesday reported better-than-expected quarterly revenue on a jump in wireless customers and a surge in tablet sales.

12:11pm EDT

Exclusive - India's Lupin, U.S. firms weigh bids for GSK's mature drugs: sources

LONDON/MUMBAI - Indian generics firm Lupin , some U.S. drugmakers looking for a tax-saving deal in Europe and private equity funds are planning to bid for a range of older drugs being auctioned by GlaxoSmithKline (GSK) , five sources familiar with the matter said.

Deals, Health 9:37am EDT

JPMorgan begins to provide consumer help under $13 billion settlement

WASHINGTON - JPMorgan Chase & Co has begun to provide the debt forgiveness and other help to struggling homeowners under last year's $13 billion accord with federal and state authorities, though it has only turned over a handful of details, a monitor of the deal said in a report released on Tuesday.

9:02am EDT

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