HONG KONG/NEW YORK (Reuters) - Several large U.S. banks undertook big capital-raising efforts on Tuesday, hoping to satisfy regulators who want bigger cushions against a deep recession, or proof that they have enough of a buffer.

NEW YORK (Reuters) - A second person pleaded guilty in a kickback scandal involving New York state's $122 billion pension fund, Attorney General Andrew Cuomo said on Tuesday.

SANTA CLARA, California (Reuters) - Intel Corp's orders and billing patterns so far in the second quarter have been slightly better than expected, the chief executive of the world's largest chip maker said on Tuesday.

NEW YORK (Reuters) - Ticketmaster Entertainment Inc said on Tuesday it has received the required approval from its lenders for its proposed merger with Live Nation Inc, the world's largest concert promoter.

DETROIT (Reuters) - General Motors Corp shares hit there lowest level since the Great Depression on Tuesday and Nissan Motor Co posted a loss and expected more amid the deep global auto downturn.