WSJ.com: What's News US
What's News US
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Bringing the Buzz Back to the Caf é
Once they plotted revolutions, now they're typing blogs. Today's cafe society is a weak decaf, says Michael Idov.
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Hershey Trustees Back Cadbury Bid
The trust that controls Hershey is pushing it to launch a rival $17 billion bid for Cadbury that would include more cash than Kraft's offer.
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SkyTeam Willing to Invest More in JAL
Richard Anderson, chief executive at Delta Air Lines, said the SkyTeam alliance of global carriers would be willing to invest more than $1.02 billion into ailing Japan Airlines as it tries to cement a trans-Pacific partnership.
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Congress Wants Tighter Oversight of Fed
Many Democrats and Republicans praise Bernanke, but some say the financial crisis requires an overhaul of the Fed's responsibilities and tighter congressional oversight.
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Ohio AG Sues Credit Raters
Ohio's attorney general filed suit against ratings agencies Standard Poor's, Moody's and Fitch, alleging they provided misleading ratings in exchange for money.
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Lewis to Consider Postponing Retirement
BofA CEO Kenneth Lewis said he would consider postponing his retirement if directors need more time to find a successor or smooth the transition to the next CEO.
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TD, Lawyer Sued in Ponzi Case
Investors contend a high-profile Florida attorney orchestrated a claim-sharing fraud with the help of TD bank's U.S. unit and several accomplices.
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Regulators Close Florida Bank
Florida regulators closed Commerce Bank of Southwest Florida in the 124th U.S. bank failure.
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Morgan Unloads Crescent
Morgan Stanley closed the book on its disastrous $6.5 billion acquisition of Crescent Real Estate Equities by handing the keys to lender Barclays.
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Weak Power Demand Dims Outlook
Electricity sales remained weak in the third quarter, prompting speculation that the sluggishness could persist even after the U.S. economy rebounds.
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ECB Takes Step Toward Crisis Exit
The European Central Bank announced its first active step to unwind the stimulus measures it has used to support the financial sector since the global crisis last year.
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Valero Will Close Delaware Refinery
Valero Energy said it plans to close its Delaware refinery after failing to find a buyer for the facility at a time when refiners are contending with weak demand.
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Nook's Christmas Deadline Passes
Barnes & Noble on Friday said customers who order its Nook electronic-book reader now won't get it until the week of Jan. 4.
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Deflation's Return Weighs on Japan
The Bank of Japan faces mounting pressure to loosen its policy as deflation tightens its grip on the nation's economy.
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U.S. Enlists Allies in New Surge
The U.S. and NATO are in talks for a coordinated rollout of a new Afghan strategy that could include a European commitment to send thousands of additional troops.
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The Talented Mr. Pang
From his boyhood in a Las Vegas motel to his final days in a California mansion, Danny Pang charmed and deceived. He left a trail of clues: gambling debts, a murdered wife and investors crying fraud.
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Hershey Is Prodded on Cadbury Bid
The charitable trust that controls Hershey is pushing the chocolate maker to launch a rival $17 billion bid for Cadbury, which is also being stalked by Kraft.
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AIG Trustee Sought Exit, But Will Remain
Douglas Foshee, a trustee who oversees U.S. taxpayers' nearly 80% stake in AIG recently said he wanted to quit his post, but was persuaded to stay on.
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Dividend Payers Return to the Fore
Stocks with payouts had been trailing their yield-free rivals for most of the year, but are now pulling ahead. And the trend may last.
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ECB to Tighten ABS Requirements
The European Central Bank announced its first active step to unwind the stimulus measures it has used to support the financial sector since the global crisis last year.
WSJ.com: What's News US
