Reuters - Yahoo Inc's board of directors came under increasing pressure over an employee severance plan on Tuesday, with shareholders suing the company demanding a swift trial and investor Carl Icahn threatening to hold the board "personally liable" for approving it.

Reuters - French holiday resort operator Club Mediterranee is trading well and will be profitable in the current fiscal year, its chief executive told Le Figaro newspaper.

Reuters - Toyota Motor Corp (7203.T) said on Wednesday its battery joint venture with Matsushita Electric Industrial Co (6752.T) will start full-scale production of lithium-ion batteries in 2010 as it aims to roll out more electricity-driven cars over the next few years.

Reuters - Lehman Brothers almost struck a deal with Korean financial institutions as part of raising $6 billion in capital, and may yet arrange one by the end of the year, the Financial Times reported on its website on Tuesday, citing people familiar with the matter.

Reuters - U.S. gasoline prices will continue to march to record highs this summer before peaking at $4.15 per gallon in August, the Energy Information Administration said on Tuesday.

Reuters - U.S. stocks shifted gears and climbed at midday on Tuesday as investors bought Dow industrials like Coca-Cola and other companies with steady earnings, while a drop in oil prices helped ease concerns about inflation.

Reuters - One of the biggest U.S. money managers said on Tuesday the Federal Reserve was unlikely to raise interest rates despite surging oil prices until the U.S. economy shows more signs of stabilization.

Reuters - General Motors Corp has raised cash rebates on some of its large sport utility vehicles and pickup trucks to a total of up to $6,000 in the face of falling U.S. sales.

Reuters - A Yahoo employee severance plan meant to protect workers after a merger with Microsoft should be scrapped, according to a shareholder lawsuit against Yahoo and its directors, The New York Times reported on Tuesday.

Reuters - Federal Reserve Chairman Ben Bernanke on Monday signaled the central bank would act to strongly resist rising inflation, as energy costs soar into the stratosphere.

Reuters - Apple Inc on Monday unveiled a next-generation iPhone with faster Internet access that will run on advanced wireless networks and sell for as low as $199 -- half the current entry-level price.