US-BUSINESS Summary

Wall Street climbs on reports of aid for Greece

NEW YORK - Stocks rose broadly on Tuesday, with the Dow on track for its largest daily percentage advance since July, on reports euro zone countries will come to the aid of debt-stricken Greece. The U.S. dollar fell against the euro, boosting commodity prices and shares of natural resources companies.

Toyota recalls new Prius in latest safety fix

TOKYO/WASHINGTON - Toyota Motor Corp said it would call in nearly half a million new Prius and other hybrid cars for braking problems, the third recall in a spiraling safety crisis at the world's biggest carmaker. U.S. authorities stepped up scrutiny of Toyota, whose reputation was already on the line over fixes to more than 8 million vehicles worldwide for slipping floormats and sticky accelerator pedals.

U.S. wholesale inventories unexpectedly fall in December

WASHINGTON - U.S. wholesale inventories unexpectedly fell 0.8 percent in December, while sales rose 0.8 percent, a government report showed on Tuesday. Analysts polled by Reuters had expected inventories to rise 0.5 percent and sales to surge 1 percent. November's inventories rise was revised up to 1.6 percent from the previously reported 1.5 percent, and the increase in sales was revised up to 3.6 percent from 3.3 percent.

Coca-Cola sales rise, led by emerging markets

CHICAGO - Coca-Cola Co <KO.N> reported stronger-than-expected quarterly sales as higher demand for its beverages in China, India and Brazil offset a drop in North America, sending the world's largest soft-drink maker's shares up 3.3 percent. Lower costs and volume gain helped lift profit, which was in line with analysts' estimates. The company gained market share in the carbonated and noncarbonated drinks markets.

UBS still losing U.S. wealth management clients, advisers

NEW YORK in the quarter. That was up 62 percent from the third quarter and a rebound from a year-ago loss driven by settlements related to auction-rate securities.

McDonald's January same-store rise

CHICAGO/LOS ANGELES region both rose 4.3 percent, McDonald's said on Tuesday.

Obama hopes to see jobs package in coming weeks

WASHINGTON and the Senate, we'll see some packages moving over the next several weeks that can provide a jump-start to hiring and start lowering the unemployment rate," Obama said at the start of a meeting with Democratic and Republican party leaders.

European governments agree to help Greece

BERLIN - European governments have agreed in principle to support struggling euro-zone member Greece and are considering various options, including bilateral aid, a senior German coalition source said on Tuesday. "The decision on help for Greece has been taken in principle within the euro zone," the source said.

U.S. consumer confidence falls in February

NEW YORK - U.S. consumer confidence fell in February to near a level seen at the beginning of the recession, as high unemployment and some stock market weakness sapped January's optimism, a research group said on Tuesday. Investor's Business Daily and TechnoMetrica Market Intelligence said their IBD/TIPP Economic Optimism Index fell to 46.8 in February from 48.8 in January.

China's CIC gives breakdown of U.S. equity stakes

BEIJING - China Investment Corp <CIC.UL>, the country's $300 billion sovereign wealth fund, has made its biggest U.S. equity bets in natural resources and financial stocks. A filing with the U.S. Securities and Exchange Commission detailed equity holdings in U.S. listed companies and funds worth $9.63 billion at the end of 2009.

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