BISMARCK - House lawmakers voted 57-32 Monday to eliminate price-based oil tax breaks and set a lower tax on oil extraction, sending the last-minute bill to the Senate Tuesday where contentious debate is expected to continue.
TOKYO (Reuters) - Asian stocks were firm on Tuesday after China's latest step to prop up its faltering economy lifted global equities, while the euro was pressured on growing worries a cash-strapped Greece may default on its debt.
Halliburton (HAL) employees are the latest to feel the pain. The company said Monday that it has cut 9,000 jobs over the past two quarters as crashing energy prices have forced it to scale back drilling operations.
Raytheon Co. is buying computer security software company Websense from Vista Equity Partners in a $1.9 billion deal to expand the Waltham-based defense contractor's cybersecurity reach.
... * CSI300 +1.4 pct; SSEC +0.9 pct; His: 2.1 pct. * Investor interest shift back into small-caps. * Trainmakers China CNR and CSR Corp slump on profit-taking.