AP - Gloom and volatility returned to Asian and European markets Tuesday as investors dumped stocks following huge overnight losses on Wall Street and dismal U.S. economic reports revived fears of a global recession. Oil prices fell to three-year lows.

AP - Oil prices fell to a 3-year low below $48 a barrel Tuesday as more bleak U.S. economic news and plunging stock markets darkened investor expectations for energy demand.

AP - Detroit's automakers, making a second bid for $25 billion in funding, are presenting Congress with plans Tuesday to restructure their ailing companies and provide assurances that the funding will help them survive and thrive.

AP - A court dissolved Thailand's top three ruling parties for electoral fraud Tuesday and temporarily banned the prime minister from politics, bringing down a government that has faced months of strident protests seeking its ouster.

AP - India picked up intelligence in recent months that terrorists were plotting attacks against Mumbai targets, an official said Tuesday, as the government demanded that Islamabad hand over suspected terrorists believed living in Pakistan.