WSJ.com: What's News US
What's News US
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Sears Reports Narrower Loss
Sears said its quarterly loss narrowed on higher margins and cost cuts. The retailer also posted same-store sales growth at its Kmart chain.
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Deutsche Bank Ex-CEO Faces Fraud Case
German prosecutors filed criminal fraud charges against former Deutsche Bank chief Breuer, alleging the executive gave false testimony during a high-stakes lawsuit.
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FAA Glitch Causes Airline Delays
The FAA computer glitch that caused flight cancellations and delays across the U.S. has been resolved, but major departure delays continue to be reported in Washington, New York and Chicago.
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Geithner Urges Action on Financial Reform
Congress must move quickly to create a safer, more stable financial system, Geithner said, as lawmakers on both sides of Capitol Hill pressed forward with legislative efforts.
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Blackstone to Acquire Birds Eye
Birds Eye Foods, the largest frozen-vegetable company in the U.S., is expected to be acquired for more than $1.3 billion by Blackstone's Pinnacle Brands.
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OECD Forecasts Stronger Recovery
The global economic recovery will be stronger than previously expected, but it will take years to bring unemployment and government debt back to their pre-crisis levels, the OECD said.
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J.P. Morgan to Buy Out Cazenove Joint Venture
J.P. Morgan Chase extended its reach in Europe with the expected announcement that it will take full control of the investment-banking and broking joint venture it set up with Cazenove.
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China Minsheng Bank IPO Raises $3.86 Billion
Chinese lender China Minsheng Banking Corp. raised US$3.86 billion in its Hong Kong initial public offering after pricing the shares slightly above the middle of the indicative range.
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Obama to Push For Korea Trade Pact
Obama pledged to ratify a free-trade agreement with South Korea, challenging Congress to separate South Korea from other Asian nations enjoying trade surpluses with the U.S.
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New Link in Insider-Trading Case
A defendant accused of exchanging a case of cash for inside information has ties to Galleon Group's former No. 2 executivethe first link between a top executive at the hedge fund and smaller-time players cited in a sprawling insider-trading case.
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Asia Mixed; Maxis Gains on Debut
Asian stock markets were mostly higher Thursday with gold stocks rising in Australia after the precious metal hit another record high Wednesday, but the Nikkei slipping 0.9%.
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Better Paydays Ahead
Many employers are planning to reinstate merit increases in 2010. But some experts say base salaries are unlikely to return to pre-recession levels anytime soon.
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Wells Fargo Settles Auction-Rate Case
The bank will return as much as $1.4 billion to clients whose funds were frozen when the auction-rate-securities market collapsed.
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DirecTV Hires PepsiCo Veteran as CEO
DirecTV selected outgoing PepsiCo executive Michael White as its new chief executive, bringing in an outsider to sustain the pay-TV provider's momentum.
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Courts Raise Bar on Monitoring Email
Corporations routinely send employees a warning about email usage: Big Brother is watching. But recent cases have shown that employees sometimes have more privacy rights than they might expect.
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Doctors' Neckties Seen as Flu Risk
The list of things to avoid during flu season includes crowded buses, hospitals and handshakes. Consider adding this: your doctor's necktie.
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Intel Reader Aids the Impaired
Walt Mossberg tests the Intel Reader with books, newspapers, magazines, bank statements, menus and even cereal boxes -- with decidedly mixed results.
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Russia May Invest in Rusal IPO
A state-owned Russian bank is likely to take a stake in the initial public offering of Rusal, marking the first government ownership of the embattled aluminum giant.
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Deutsche Bank's Ex-Chief Faces Fraud Case
German prosecutors filed criminal fraud charges against former Deutsche Bank chief Breuer, alleging the executive gave false testimony during a high-stakes lawsuit.
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Bond Yields Turn Against Life Insurers
Cash-rich life insurers are having trouble putting their money to work as rising prices in the corporate-bond market are driving down yields.
WSJ.com: What's News US
