*Bank of Japan pledges aggressive actions to boost economy. NEW YORK, Jan 22- Oil prices rose on Tuesday, supported by Bank of Japan plans for asset buying and strong investor confidence data from Germany that boosted the outlook for fuel demand.
*Google, IBM and Texas Instruments to report after the bell. *Dow up 0.4 pct, S&P 500 up 0.3 pct, Nasdaq up 0.01 pct. Gains were limited, however, as investors were cautious ahead of an increase in earnings reports and the S&P 500 was rising for the fifth straight day.
The former Dallas mayor and early Obama supporter oversaw congressional approval of free-trade agreements with South Korea, Panama and Colombia in which talks had begun with the previous administration.
Jan 22- Verizon Communications Inc posted a weaker-than-expected wireless operating profit margin due to hefty costs from smartphones like Apple's iPhone, but the U.S. telephone company promised a big improvement this year as it cuts costs.
NEW YORK, Jan 22- U.S. Treasuries prices rose on Tuesday, erasing earlier losses, after weaker housing data raised concerns about the strength of the economic recovery, and as investors focused on negotiations in Washington over raising the U.S. debt ceiling.
Jan 22- Peregrine Financial Group's former chief executive embezzled more than $215 million from customers of his now-defunct futures brokerage, U.S. prosecutors said in court documents filed on Tuesday. Russell Wasendorf Sr., 64, who founded the firm, has pleaded guilty to embezzlement but has claimed the loss was less than $200 million, the documents said.
NEW YORK, Jan 22- Lawyers for former Goldman Sachs Group Inc board member Rajat Gupta are urging a federal appeals court to reverse his insider trading conviction, arguing that a judge shouldn't have allowed wiretaps to be heard at trial.
Trade Representative Ron Kirk on Tuesday said he was stepping down as the top U.S. trade official, effective in late February. "It has been no less than my greatest professional privilege to serve President Barack Obama alongside the dedicated professionals of USTR," Kirk said in a statement that gave no details of his future plans or replacement.
*Nebraska: TransCanada will adhere to 57 safety conditions. WASHINGTON, Jan 22- The Obama administration has delayed a decision on TransCanada Corp's rerouted Keystone XL oil pipeline until after March, even though Nebraska's governor said on Tuesday he approved a plan for a section of the line.
BELFAST, Jan 22- The Bank of England's inflation-targeting remit needs to be fine-tuned but should not undergo fundamental change, central bank governor Mervyn King said in a wide-ranging speech on Tuesday.
BRUSSELS, Jan 22- The European Commission has proposed an unusual country-wide duty on all U.S. producers of bioethanol after an investigation into complaints that exporters used state subsidies to sell the fuel to Europe at illegally low prices.
*Province of Ontario produces most of Canada's icewine. BEAMSVILLE, Ontario, Jan 22- In the Ontario town of Beamsville, about 40 kilometers west of Niagara Falls, a small crowd of bundled-up figures crouched in a moonlit vineyard on a frigid January night, picking a crop of hard-frozen Gewurztraminer grapes.
Jan 22- Johnson& Johnson may sell or spin off its slow-growing $2 billion- a-year diagnostics business, the company said on Tuesday when it reported quarterly earnings. Pfizer Inc, for instance, is spinning off its animal health products business, and Abbott Laboratories has split off its drugs unit.
BRUSSELS, Jan 22- The European Commission has proposed an unusual country-wide duty on all U.S. producers of bioethanol after a 14- month investigation into complaints that exporters used state subsidies to sell the fuel to Europe at illegally low prices.
*4th- qtr earnings $0.78 per share vs $1.51 year earlier. *Operating earnings $0.72 per share vs est $0.14 per share. Jan 22- U.S. insurer Travelers Cos Inc's quarterly profit handily beat Wall Street expectations as it charged more for insurance coverage while holding on to its customers, sending its shares up as much as 5 percent to an all-time high.
Jan 22- Peregrine Financial Group's former chief executive embezzled more than $215 million from customers of his now-defunct futures brokerage, U.S. prosecutors said in court documents filed on Tuesday. Russell Wasendorf Sr., 64, who founded the firm, has pleaded guilty to embezzlement but has claimed the loss was less than $200 million, the documents said.
*Delta to receive Bakken crude at Trainer in Q1. *Airliner lost $63 million at Trainer in Q4, 2012. *Delta expects plant to make modest profits in Q1.
More than a dozen banks are under investigation by authorities in Europe, Japan and the United States over the suspected rigging of the London interbank offered rate, a key interest rate used in contracts worth trillions of dollars globally.
"We're seeing some life-threatening temperatures in Minnesota and Northern Wisconsin," said meteorologist Mike Sowko of the National Weather Service. Winds blasting across the Great Lakes over the past few days into Tuesday also resulted in up to 18 inches of snow dumped over northeast Ohio, northwest Pennsylvania and upstate New York.