Mark Brooks

Hostess Brands is selling Twinkies, along with Ding Dongs, Ho Hos and other cakes, to Apollo Global Management and Metropoulos & Co. for $410 million.

The euro fell to $1.29 in midday trading from $1.2948 late Monday.

The rival House and Senate budgets for the future are party-defining documents with zero chance of making their way into law as written, given the division of power in Washington, where Democrats control the White House and Senate and conservative Republicans dominate the House.

The plan, which is part of a larger bailout package being negotiated with other European countries, has been met with fury in Cyprus and has sent jitters across financial markets.

Newman, however, said BP ultimately was responsible for deciding how to perform the safety test and for determining whether it was successful.

European Parliament lawmakers, the EU Commission and government representatives said Tuesday they reached an agreement on the laws establishing a centralized banking supervisor.

Mary Jo White and Richard Cordray now proceed to a final vote.

Investors will also be monitoring fresh information on U.S. stockpiles of crude and refined products.

Gold for April delivery was up $6.70 to $1,611.30 per ounce, even as prices fell for other key metals, oil and many U.S. stocks.

Rebecca Blank joined the Commerce Department in 2009 as an economic adviser and was later promoted to deputy secretary.

U.S. District Judge Carl Barbier already has heard testimony by more than a dozen witnesses called by the Justice Department and attorneys for Gulf Coast businesses and residents who claim the spill cost them money.

Dozens of Andrew Auernheimer's supporters packed the hearing and clapped when he made a statement castigating the government for what he characterized as an unfair prosecution.

The euro is trading at $1.2971, after falling to a three-month low of $1.288 earlier. The euro was worth $1.3054 late Friday.

Several hundred people gathered outside the vacant parliament building, with some chanting "thieves, thieves."

Russian President Vladimir Putin on Monday criticized the decision as "unjust, unprofessional and dangerous," according to his spokesman.

Yiannakis Omirou, the speaker of Parliament, said the delay was needed to give the government time to amend the deal reached over the weekend that prompted an outcry from those who thought their money was safe.

The deposit tax is part of a plan agreed to on Saturday by Cyprus and its international lenders, and it prompted savers to rush to banks in Cyprus to withdraw as much of their cash as they could.

President Barack Obama is set to nominate Thomas Perez, an assistant attorney general, to be the next secretary of labor, the White House says.

Despite that assurance, nervous depositors rushed to ATM machines in Cyprus on Saturday to drain their accounts.

Argues program administrator's method of processing and paying businesses' claims violates the settlement's terms.