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Blizzard pounds U.S. northeast, New York spared its brunt

BOSTON/NEW YORK - A U.S. blizzard swept past New York City and struck hardest at some 4.5 million people around Boston, dropping nearly three feet of snow in areas and triggering high tides that breached a seawall and forced residents to flee their coastal homes. | Video

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Greek PM Tsipras names anti-austerity cabinet, port sale halted

ATHENS - Greek Prime Minister Alexis Tsipras named a cabinet of anti-austerity veterans and halted privatization of Greece's biggest port on Tuesday, signaling he aims to stick to election pledges despite warning shots from the euro zone and financial markets. | Video

World, Greece 3:58pm EST

U.S. business spending weakens, but consumers upbeat

WASHINGTON - U.S. business investment spending fell for a fourth straight month in December, a sign that slowing global growth may be weighing on the economy, but consumers remained upbeat and new home sales in December hit their highest level since June 2008.

5:14pm EST

Nine killed as gunmen storm luxury hotel in Libyan capital

TRIPOLI - Heavily armed gunmen stormed a luxury hotel in Tripoli favored by Libyan officials and visiting delegations on Tuesday, killing at least nine people, including foreigners, before blowing themselves up with a grenade. | Video

World, Libya, United Nations 5:49pm EST

Japan vows to work with Jordan to secure hostage release

TOKYO - Japan has vowed to work with Jordan to secure the release of a Japanese journalist held by Islamic State militants after the killing last week of another Japanese captive, but it reiterated that it would not give in to terrorism. | Video

World, Japan, Jordan 5:35pm EST

Caterpillar warns of 2015 sales hit from falling oil price

CHICAGO - Caterpillar Inc on Tuesday cut its 2015 profit outlook and warned the plunge in oil prices would hurt its energy equipment business, sending shares tumbling as much as 8 percent.

1:23pm EST
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Uber says ride services reduce drunk driving

SAN FRANCISCO - Uber, a ride service facing legal challenges around the world, on Tuesday released a survey showing that people are less likely to drive home after drinking alcohol after such businesses started operating in their cities.

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Mexico says murdered students were mistaken for rival gang

MEXICO CITY - The 43 Mexican students who disappeared four months ago were murdered on the orders of a drug cartel who mistook them for members of a rival gang, the government said on Tuesday, finally confirming the deaths of the trainee teachers.