Oil hovers above $75 as investors eye demand (AP)

AP – Oil prices hovered above $75 a barrel Tuesday in Asia as traders mulled whether the recovery of the global economy is strong enough to sustain improving crude demand.

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Oil hovers above $75 as investors eye demand
(AP)

Honda Lock says Chinese strikers return to work (AP)

AP – A Honda Motor parts supplier in southern China was operating at full capacity on Tuesday as striking workers returned to their jobs while wage talks continued, a company spokesman said.

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Honda Lock says Chinese strikers return to work
(AP)

Split CFTC approves box-office futures (AP)

AP – Soon playing in a theater online: trading of future box-office receipts for movies on a new exchange, following approval by federal regulators.

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Split CFTC approves box-office futures
(AP)

Asian stocks post tepid gains amid Europe anxiety (AP)

AP – Asian shares rose Tuesday but gains were tepid after Wall Street succumbed to anxiety about Europe’s economy.

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Asian stocks post tepid gains amid Europe anxiety
(AP)

Market oversight pact completed (AP)

AP – The parent of the New York Stock Exchange and the Financial Industry Regulatory Authority say they have completed their agreement in which FINRA will take over the market surveillance and enforcement functions now conducted by NYSE Regulation.

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Market oversight pact completed
(AP)

Documents: BP cut corners in days before blowout (AP)

AP – BP made a series of money-saving shortcuts and blunders that dramatically increased the danger of a destructive oil spill in a well that an engineer ominously described as a “nightmare” just six days before the blowout, according to documents released Monday that provide new insight into the causes of the disaster.

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Documents: BP cut corners in days before blowout
(AP)

Venezuela takes control of another private bank (AP)

AP – Venezuela’s government said Monday it is taking over management of a private bank after discovering serious financial problems. The bank’s owner condemned the takeover as political retribution against him and the critical TV station he helped found.

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Venezuela takes control of another private bank
(AP)

Microsoft’s newest Office goes on sale Tuesday (AP)

AP – The next version of Microsoft Corp.’s Office software will be available to consumers and small businesses starting Tuesday.

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Microsoft’s newest Office goes on sale Tuesday
(AP)

Valence Technology posts wider fiscal 4Q loss (AP)

AP – Battery maker Valence Technology Inc. said Monday that its fiscal fourth-quarter loss widened on lower sales of large battery systems as well as higher expenses.

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Valence Technology posts wider fiscal 4Q loss
(AP)

CBS, BP, Cablevision, Sara Lee among big movers (AP)

AP – Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:

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CBS, BP, Cablevision, Sara Lee among big movers
(AP)

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