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Summers: U.S. economy on mend but has ways to go
WASHINGTON (Reuters) - Top White House economic adviser Lawrence Summers said on Tuesday that the job market was stabilizing but the economy still had a long way to go to return to health.

Summers: U.S. economy on mend but has ways to go
WASHINGTON (Reuters) - Top White House economic adviser Lawrence Summers said on Tuesday that the job market was stabilizing but the economy still had a long way to go to return to health.

Pulte posts bigger-than-expected quarterly loss
NEW YORK (Reuters) - Pulte Homes Inc reported a larger-than-expected fourth-quarter net loss on Tuesday, but revenue at the largest U.S. homebuilder exceeded Wall Street estimates as closings rose.

Coca-Cola volume improves, led by emerging markets
CHICAGO (Reuters) - Coca-Cola Co reported a quarterly profit in line with analysts' estimates as strong volume in China, India and Brazil offset a decline in North America.

Alabama senator drops some job holds, keeps others
WASHINGTON (Reuters) - Senator Richard Shelby has released his "holds" on more than 40 of President Barack Obama's nominees for top government jobs, but is maintaining them on three nominees related to a big Air Force acquisition.

Trichet return fuels talk of EU action on Greece
ATHENS (Reuters) - Euro zone assets recovered some poise on Tuesday as markets bet the European Union would take steps to restore confidence in struggling members like Greece at a summit this week.

Wall Street rises on Greece hopes, Caterpillar
NEW YORK (Reuters) - Stocks rose at the open on Tuesday as investors welcomed talk that debt-burdened Greece could get help from the European Union, while broker comments lifted shares of industrial companies, including Dow component Caterpillar Inc .

Cerus in development deal for blood safety system
(Reuters) - Cerus Corp said it entered into an agreement with France's national blood transfusion service to develop its Intercept blood safety system, sending its shares up about 17 percent before the bell.

Scientists find gene variant link to aging cells
LONDON (Reuters) - Scientists have found specific genetic variants which may explain why some people age earlier than others and say their findings have important implications for understanding cancer and age-related diseases.

Hollywood names up for Olivier theater awards
LONDON (Reuters) - Hollywood stars Rachel Weisz, Jude Law, Keira Knightley and Gillian Anderson were nominated on Monday for Laurence Olivier Awards, British theater's top accolades.

More than 64 feared dead in Afghan avalanches
KABUL (Reuters) - At least 24 bodies have been recovered and 40 other people are feared dead after avalanches swept vehicles into a ravine and trapped cars in a mountain pass overnight, Afghanistan's Interior Minister said on Tuesday.

Mariners' Cliff Lee has surgery on left foot
SEATTLE (Reuters) - Seattle Mariners pitcher Cliff Lee has had minor surgery on his left foot that will delay the start of his pre-season workouts, the club said.

UBS client outflows increase
ZURICH (Reuters) - UBS clients withdrew money at twice the expected rate in the fourth quarter, eclipsing the bank's first net profit since Oswald Gruebel took the helm a year ago and raising concern he will struggle to steady the ship.

Wall Street set to rise on industrials, Greece talk
NEW YORK (Reuters) - Wall Street eyed a higher open on Tuesday as speculation that debt-burdened Greece would get help from the European Union bolstered sentiment, and positive broker comments looked set to boost industrial companies.

Iran says starts making 20 percent nuclear fuel
TEHRAN (Reuters) - Iran began making higher-grade nuclear fuel on Tuesday, state television reported, and the Pentagon said the United States wanted a U.N. Security Council resolution on Iran "within weeks" over its nuclear program.

Molson Coors misses estimate, volume outlook tepid
NEW YORK (Reuters) - Molson Coors Brewing Co reported a lower-than-expected quarterly profit on Tuesday mainly on weak volumes across all markets, prompting the beer maker to issue a tepid volume forecast for 2010.

Iran says starts making 20 percent nuclear fuel
TEHRAN (Reuters) - Iran began making higher-grade nuclear fuel on Tuesday, state television reported, and the Pentagon said the United States wanted a U.N. Security Council resolution on Iran "within weeks" over its nuclear program.

Yemen getting tougher with Somalis on Qaeda fears
ADEN, Yemen (Reuters) - Somalis fleeing war have long found refuge in Yemen, seen as a way station to Saudi Arabia, but fear of al Qaeda infiltration has cooled their welcome.

Most banned Iraqi poll candidates' appeals rejected
BAGHDAD (Reuters) - Almost all the candidates who contested their ban from Iraq's upcoming parliamentary election did not submit their cases properly and lost the chance to appeal, an Iraqi legal body said on Tuesday.

Russia says missile shield delaying nuclear deal
MOSCOW (Reuters) - Russia's top general said on Tuesday that differences with the United States over plans for a missile defense shield were holding up a nuclear arms reduction treaty between the two Cold War foes, Interfax news agency said.