JUMPING BEANS: The price of soybeans rose because of speculation that global supplies will become tighter as demand grows more robust. A government report indicates that U.S. soybean inventories will fall slightly by the end of this summer and increase 7 percent by August 2013.
Major business events and economic events scheduled for Tuesday:
The price of soybeans rose Monday because of speculation that global supplies will become tighter as demand grows more robust.
Standard & Poor's Ratings Services and Fitch Ratings downgraded their ratings on Spanish financial institutions Monday, after both agencies cut their ratings on that nation's government debt.
Former Federal Reserve Chairman Paul Volcker on Monday issued a broad defense of a federal rule bearing his name that would prohibit banks from trading for their own profit.
House lawmakers are returning to Capitol Hill to weigh a proposal by GOP leaders to extend the 2-percentage-point cut in the payroll tax through the end of the year and add the approximately $100 billion cost to the nation's $15 trillion-plus debt instead of scrounging around the budget for ways to pay for it.
An online auction began Monday for more than 2,000 acres of land overlooking the Caribbean that was once part of the bustling Naval Station Roosevelt Roads.
The stock market may have rallied Monday after Greece took another step toward a badly needed international bailout, but investors weren't ready to leave the haven of bonds just yet.
CAN WE TALK? Europe is willing to discuss its new carbon emissions tax for airlines but has no plans to scrap the levy.
Bristol-Myers Squibb Co. said late Monday that it's completed its $2.5 billion acquisition of Inhibitex Inc., a drug developer that Bristol sought as part of its strategy to become a player in the hot hepatitis C drug market.
An unnamed airline has agreed to buy five Q400 aircraft from Bombardier Aerospace, the company said Monday, with a total combined list price of about $160 million.
HERE'S THE DRILL: Cyprus has launched a second licensing round for offshore exploratory drilling as hopes grow that potential oil and gas discoveries will buoy the eurozone country's sagging economy.
Fitch Ratings downgraded four banks in Spain Monday as a result of its downgrade of that nation's credit rating.
The EU's antitrust watchdog has approved Google's $12.5 billion takeover of cell phone maker Motorola.
French cosmetics giant L'Oreal on Monday reported a solid increase in sales and profit for 2011, driven by growth in emerging markets, which the company said would surpass western Europe as its most important region this year.
Federal health officials say a New Jersey company has been legally barred from making and selling a variety of dental products due to violations at its manufacturing facility.
Tossing bouquets of red roses into the sea, the relatives of people still missing one month after the Costa Concordia cruise ship disaster mourned in a private tribute Monday.
Massachusetts gas prices have soared another seven cents in the past week, and have now risen for eight consecutive weeks.
The euro rose modestly against the dollar Monday, a day after Greek leaders approved sharp cost-cutting measures.
A published report says federal prosecutors have presented evidence to a grand jury in their investigation into whether Avon Products executives broke foreign bribery laws.
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