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Saudi-led coalition announces end to Yemen operation

DUBAI - The Saudi-led coalition bombing Yemen for almost a month announced on Tuesday the end to its military operation, but a Saudi spokesman said forces would continue to target the Iran-allied Houthi movement as necessary.

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Yahoo's revenue drops 4 percent, misses estimates

- Yahoo Inc reported first-quarter revenue below analysts' estimates as the veteran internet company struggles to rev up its core online advertising business.

4:26pm EDT

Google lobbying spending reached new high in early 2015

WASHINGTON - Google Inc , already one of Washington's biggest spenders, set a company record for its lobbying activity in the first quarter of 2015 when it spent $5.5 million, according to a government database.

12:03pm EDT

Generic drugmaker Teva makes $40 billion offer for rival Mylan

TEL AVIV/NEW YORK - Teva Pharmaceutical Industries Ltd on Tuesday made an unsolicited $40 billion offer for smaller rival Mylan NV, a bold bid for growth as its lucrative Copaxone drug faces generic competition. | Video

Deals, Health 3:47pm EDT

Iran sees Yemen ceasefire in coming hours

DUBAI/CAIRO - Iran's deputy foreign minister said he was optimistic that a ceasefire in Yemen would be announced later on Tuesday, in a sign diplomatic efforts may be underway to stop almost a month of Saudi-led bombing of Yemen's Houthi group.

World, Yemen, United Nations 9:58am EDT

Wall Street's two major indexes drop; oil falls

NEW YORK - Major U.S. stock indexes lost ground on lackluster earnings reports on Tuesday, while oil fell on concerns about U.S. crude stockpiles and Saudi Arabia's announcement that it ended its military campaign in Yemen.

4:42pm EDT

Posh Beverly Hills considers empty pools, $1,000 fines amid drought

LOS ANGELES - Beverly Hills, the southern California city whose name evokes Hollywood-tinged glamour and luxury, is considering banning the refilling of swimming pools and fining residents $1,000 for water violations.