Dow Swoons for Sixth Day
A day billed as Facebook's coming-out party ended up marking a much gloomier event: the stock market's worst week in six months. » Full PostSource: WSJ.com: What's News US |
In Gupta Trial, Tension and Tips
Lawyers for former Goldman Sachs director Rajat Gupta say he was estranged from convicted hedge-fund mogul Raj Rajaratnam at the time of some alleged tips. Prosecutors say the friendship finally broke. […] » Full PostSource: WSJ.com: What's News US |
Winnebago Gets Takeover Offer
Winnebago Industries received a $322 million takeover offer from private-equity firm North Street Capital but said it didn't have sufficient information to deem the bid credible. » Full PostSource: WSJ.com: What's News US |
J.P. Morgan to Give $168 Million to MF Global Trustee
J.P. Morgan agreed to hand over $168 million to a bankruptcy trustee representing customers of MF Global. » Full PostSource: WSJ.com: What's News US |
Repsol Cancels Argentine LNG Shipments
Spain's Repsol is canceling 10 LNG shipments to an Argentine public energy company that it says isn't honoring the supply contract. » Full PostSource: WSJ.com: What's News US |
Chesapeake Cuts Board Compensation
Chesapeake Energy is cutting total compensation for its board members by 20%, the latest move by the natural-gas company to quell criticism over its corporate governance. » Full PostSource: WSJ.com: What's News US |
Dewey Readying Bankruptcy Filing
Dewey & LeBoeuf is readying a possible bankruptcy-protection filing for sometime in the next several weeks, a move that would initiate official liquidation of the beleaguered New York law firm. » Full PostSource: WSJ.com: What's News US |
OJ Futures Tip Below $1
Orange-juice futures dropped below $1 a pound in intraday trading for the first time in 2½ years. » Full PostSource: WSJ.com: What's News US |
China: Solar-Panel Tariff May Backfire
China unleashed a storm of protest criticizing the U.S. decision to impose a 31% antidumping tariff on Chinese solar-panel makers. » Full PostSource: WSJ.com: What's News US |
India's Drug Proposals Spark Debate
India's government is facing stiff resistance from foreign and local pharmaceutical companies over its plan to severely limit prices for drugs. » Full PostSource: WSJ.com: What's News US |
Megabus to Expand Into Texas, California After Coach Deal
Megabus plans to expand its network of U.S. intercity coach services by 50%, purchasing assets from a rival to push into Texas and California. » Full PostSource: WSJ.com: What's News US |
Santander UK Depositors Pull $316 Million
Banco Santander's U.K. unit lost about $316 million of deposits on Friday as jittery customers worried about the lender's financial health. » Full PostSource: WSJ.com: What's News US |
Inside J.P. Morgan's Blunder
James Dimon personally approved the concept behind J.P. Morgan's disastrous trades, but didn't monitor how they were executed. A behind-the-scenes account offers details about the drama inside the ban. […] » Full PostSource: WSJ.com: What's News US |
Tata Steel Net Drops 90%
Tata Steel's net profit for the fiscal fourth quarter plunged 90% from a year earlier, when a one-time gain boosted its earnings, while sluggish demand for steel in Europe limited the company's sales. […] » Full PostSource: WSJ.com: What's News US |
Japan 10-Year Yield at 9-Year Low
The fall in Japan's benchmark 10-year government bond yield confirmed the popularity of the country's debt as a safe haven amid renewed concerns about the U.S. economic outlook and continued fears ove. […] » Full PostSource: WSJ.com: What's News US |
