Tuesday's Bloomberg Market Report

By: Saadia McConville Email
By: Saadia McConville Email
  • DJ Industrials: Up 138.38
  • S&P 500: Up 12.77 to 1,651.81
  • NASDAQ: Up 30.05 to 3,482.18

Here are the headlines from Tuesday's Bloomberg Market Report.

It was down to the wire, but Chrysler has finally agreed to recall millions of Jeeps linked to fire deaths. Chrysler had initially refused to comply with government regulators, claiming the vehicles were safe. The carmaker had a midnight deadline to officially respond to the recall request for 2.7 million Jeep Grand Cherokees and Jeep Liberty SUVs.

News Corp is facing another lawsuit in its phone hacking scandal. This one is being brought by the stunt double for actress Angelina Jolie. Bloomberg was told it is the first suit the company has faced by someone in the U.S. claiming to be the target of its phone hacking.

If you're looking for work, consider donating your time. A new study from Corporation for National and Community Service finds that unemployed people who volunteer have a 27 percent higher likelihood of finding a paying job than non-volunteers. The odds are even better for volunteers without a high school diploma, or those who live in rural areas.

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