Stocks jump on hopes for Greece debt assistance

The Dow Jones industrial average jumped back above 10,000 on hope that the European Union will help Greece manage its growing debt burden.

First Energy seeks to buy more electric supply

FirstEnergy Corp.'s Pennsylvania Power Co. filed a plan with the Pennsylvania Public Utility Commission to purchase electric generation supply to serve its customers starting in 2011.

Toyota seeks damage control, in public and private

In public, Toyota is running apologetic TV ads and vowing to win back customers' trust. Behind the scenes, the besieged carmaker is trying to learn all it can about congressional investigations, maybe even steer them if it can.

Obama: Energy policy must have some old, some new

President Barack Obama says the country must develop cleaner energy technologies while at the same time still relying upon traditional power sources like nuclear and coal.

Senate Democrats unveil jobs package

Senate Democrats circulated a jobs bill Tuesday that's light on new initiatives on boosting hiring and heavy with provisions sought by lobbyists for business groups, doctors and the satellite broadcasting industry.

Job openings plunged by one-quarter last year

Finding a job got much tougher last year, as the number of available openings fell by nearly one quarter.

Veeco Instruments starts 1Q with 'record backlog'

Veeco Instruments Inc., which makes precision manufacturing equipment for the LED and data storage markets, said Tuesday it started the year with a "record backlog" and is boosting manufacturing capacity to meet customer demand.

Obama speaks hopefully of movement on jobs bill

President Barack Obama says he doesn't think it's necessary to get an ideal jobs package out of Congress, but that passing something quickly could build momentum toward greater achievements.

Earnings Preview: Viacom to report 4Q results

Viacom Inc., the media conglomerate controlled by Sumner Redstone, reports fourth-quarter earnings before the market opens on Thursday.

Kansas House panel reviews tax credit reform

A Kansas House committee considered a proposal Tuesday that would eliminate some seldom-used income tax credits and improve efficiency within the Department of Revenue.

Calendar of business events set for Wednesday

Major business events and economic events scheduled for Wednesday:

Ikanos shares advance as 4Q revenue soars

Shares of Ikanos Communications Inc. jumped Tuesday after the provider of broadband semiconductors and software posted sharply higher revenue for the fourth quarter.

Paulson says nation may profit from bank bailout

Henry Paulson, the former Treasury chief, and billionaire Warren Buffett said taxpayers will recover every cent paid out to banks during the economic meltdown and may even turn a profit.

Bond yields rise as investors return to stocks

Interest rates rose in the bond market Tuesday after investors moved back into stocks and a three-year note sale generated less demand.

Mo. lawmakers consider ban on synthetic pot

A widely available and legal drug that mimics the effects of marijuana could became illegal in Missouri through a bill considered Tuesday in the Legislature.

Obama meets with GOP, says can spur job growth

Appealing for bipartisanship in a town where it's hard to find, President Barack Obama sat down with Democrats and Republicans Tuesday to spur cooperation on job creation, deficit reduction and health care overhaul. He promised to do his part _ but warned he would take Republicans to task if they don't do the same.

Southwest launches 3-day fare sale

Southwest Airlines Co. is offering a sale geared toward leisure travelers who want to make short trips this spring.

Multimedia Games posts smaller 1Q loss; sales fall

Multimedia Games Inc. reported a narrower fiscal first-quarter loss Tuesday, but its sales fell in the period, and investors sent its shares lower.

Job trends; Small businesses still wary

JOB TRENDS: In one good sign for the labor market, some companies are posting more ads seeking employees.

With Nelson, GOP blocks Obama labor board nominee

Senate Democrats are unable to muscle through President Barack Obama's choice of a union attorney for the National Labor Relations Board, because one of their own has joined the Republicans to block the nomination.