News
Sour Economy Spurs More Oversight
The housing and financial crisis is powering a new wave of government regulation. The result is a major challenge to the deregulation that has defined U.S. governance for much of the past quarter-c...
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Markets Idle After Steep Losses
Futures were little-changed after a nearly 300-point rout in the Dow industrials a day earlier, which wiped out the market's gains on the week. Stock markets in Asia and Europe were dragged lower b...
Honda Posts 8.1% Rise in Net
Honda posted a surprise 8.1% rise in net profit as strong demand for its fuel-sipping vehicles in the U.S. and increased sales to emerging markets helped offset the impact of higher raw-material co...
Cleveland-Cliffs Becomes Target
Cleveland-Cliffs' largest shareholder is pushing the iron-ore producer to put itself up for sale and forgo its $10 billion deal for Alpha. The hedge fund effectively has enough power to block any t...
Energy Is Top Economic Issue for Voters
Energy ranks as the economic issue voters say affects them most, according to a Wall Street Journal/NBC poll.
In Berlin, Obama Calls for Unity
Obama made an impassioned call for rejuvenated U.S.-European ties in a speech before an estimated 200,000 in Berlin as the senator sought to burnish his image as a global statesman ahead of the U.S...
Private-Equity Firms Scout Ailing Banks
At least two private-equity firms are considering investments in BankUnited, which has a large portfolio of adjustable-rate mortgages.
HSBC-KEB Deal Gets a Break
South Korea's financial regulator said it might decide in September whether to approve a deal for HSBC to acquire control of KEB, a break for the prolonged transaction that has come to symbolize th...
Lufthansa Crews to Go on Strike
Lufthansa faced a major strike by its ground and cabin crews next week after union members voted overwhelmingly to support a massive walkout.
On-the-Job Deaths Vex Steel Mills
The rise in fatalities at steel mills is raising questions about whether production demands are compromising safety.
Wrong-Way Oil Bets Slam SemGroup
Some analysts and creditors suspect SemGroup, which has lost more than $2.4 billion on energy contracts, may have been making speculative trades not directly tied to its core business given the siz...
Stephen King Enlists Marvel
To promote Stephen King's new short-story collection, "Just After Sunset," a series of animated videos based on one of his previously unpublished stories will be released online in 25 episodes.
String of Synchronized Blasts Hits India
A series of explosions shook the southern Indian city of Bangalore, killing at least one person and wounding six others.
Wachovia Finance Chief to Leave
Wachovia finance chief Thomas J. Wurtz plans to leave the troubled bank after a successor is named. The announcement comes two weeks after the company named Robert K. Steel as CEO.
Netflix Posts Slight Rise in Net
Netflix posted a slight rise in second-quarter net income on a 25% jump in members as subscriber-acquisition costs hit a record low.
Stampede, Scuffles at Olympic Ticket Sales
Fans swarmed sales windows in Beijing to buy the final batch of tickets for the Olympic Games, with police and journalists scuffling and a stampede breaking out at one site as officials opened addi...
TNK-BP CEO Abandons Russia
TNK-BP's CEO left Russia after being unable to get a new work visa. The move is a setback for BP, which is struggling for control of the venture.
Auction-Rate Fraud Case Widens
New York Attorney General Andrew Cuomo filed civil fraud charges against UBS over the firm's handling of auction-rate securities before the $330 billion market collapsed earlier this year. (Lawsuit...
XM-Sirius Deal Nears Approval
The impending approval of the Sirius-XM merger is expected to give satellite-radio customers more options.
Qantas Flight Makes Emergency Stop
A Qantas flight en route to Australia from London made an emergency stop in Manila after a loud bang punched a hole in the Boeing 747-400's fuselage.