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Saudis end air campaign in Yemen, seek political solution

DUBAI - Saudi Arabia announced on Tuesday it was ending a month-long campaign of air strikes against the Houthi rebels who seized large areas of Yemen and said it would back a political solution to bring peace to its war-ravaged neighbor.

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Yahoo's profit, revenue miss Street forecasts as costs rise

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7:06pm 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 6:25pm 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

U.S. senators call for humanitarian safe zones in Syria

WASHINGTON - Republican and Democratic U.S. senators called on President Barack Obama on Tuesday to create and enforce humanitarian safe zones in Syria, amid international concerns about the dire conditions faced by millions of people displaced by the war. | Video