User login

Wall Street Journal Online

Subscribe to Wall Street Journal Online feed Wall Street Journal Online
What's News US
Updated: 4 years 4 months ago

Shanghai Shares Extend Losses

Mon, 12/02/2013 - 8:59pm
Asian markets were mostly lower on Tuesday, as Chinese stocks continued to decline on fears of a flood of new listings, while Japanese stocks got a boost from a weaker yen. The Shanghai Composite lost 0.2%.
Categories: Financial News

A Profitable Trade: Illicitly Shipping BMWs to China

Mon, 12/02/2013 - 8:04pm
Federal prosecutors are seizing cars and cash from those using straw buyers to acquire expensive new vehicles in the U.S. and export them to China, where the cars fetch much more.
Categories: Financial News

A Borrowing Maneuver Catches Flak

Mon, 12/02/2013 - 8:03pm
A budget-stretching tactic employed by strapped local governments from California to Puerto Rico is coming under market scrutiny, amid fears that Detroit's record bankruptcy filing could presage further pain.
Categories: Financial News

Bond Investors Aim to Break Index Chains

Mon, 12/02/2013 - 7:55pm
These "unconstrained" funds are gaining in popularity as investors anticipate the Federal Reserve reducing its bond-purchase program.
Categories: Financial News

Madoff Lieutenant Describes Ploy to Outwit Auditor

Mon, 12/02/2013 - 7:53pm
A top lieutenant to Bernard L. Madoff explained in detailed testimony the lengths required to maintain the firm's massive Ponzi scheme.
Categories: Financial News

Bank of America Reaches $404 Million Settlement With Freddie Mac

Mon, 12/02/2013 - 7:38pm
Bank of America agreed to pay $404 million to Freddie Mac to resolve claims stemming from mortgage loans the bank sold to Freddie over the past decade.
Categories: Financial News

FCC Chair Hints at Spectrum-Allocation Idea

Mon, 12/02/2013 - 5:48pm
FCC chief Tom Wheeler indicated he might support limiting big carriers like AT&T and Verizon Wireless from amassing airwaves at a coming spectrum auction, in good news for T-Mobile and Sprint.
Categories: Financial News

Cravath, Swaine & Moore to Pay Bonuses At 2012 Levels

Mon, 12/02/2013 - 5:44pm
Elite New York law firm plans to pay associate attorneys the same bonuses it paid in 2012, reflecting a cautious outlook
Categories: Financial News

Ratings Sag for Cable-TV Business News

Mon, 12/02/2013 - 5:37pm
Viewership is weak at business-focused cable TV channels CNBC, Fox and Bloomberg, in part a reflection of the way individual investors have ceded stock trading to large institutional investors.
Categories: Financial News

Daimler, Lagardère to Stand Trial in EADS Case

Mon, 12/02/2013 - 4:53pm
French media company Lagardère and German car maker Daimler are set to face trial on charges of alleged insider trading of shares in European Aeronautic Defence & Space in 2006.
Categories: Financial News

Shift on Nonconforming Mortgages

Mon, 12/02/2013 - 4:16pm
Some of the nation's largest banks will offer loans that don't conform to new gold-standard lending definitions under sweeping mortgage regulations set to take effect next month, reversing course after industry leaders had earlier suggested that banks might further curtail lending.
Categories: Financial News

23andMe Stops Genetic Test Marketing

Mon, 12/02/2013 - 4:14pm
Genetic-test maker 23andMe said it stopped all marketing of its service last week in response to a U.S. regulatory order.
Categories: Financial News

Goldman, J.P. Morgan Capital Plans Get Nod

Mon, 12/02/2013 - 3:45pm
Goldman Sachs and J.P. Morgan won approval from the Fed on their capital plans, a move designed to ensure they have the wherewithal to withstand a period of economic or financial stress.
Categories: Financial News

Good Sign for Growth? Factories Humming

Mon, 12/02/2013 - 3:15pm
U.S. factories expanded in November for the sixth straight month, signaling stronger demand at home and abroad that could boost growth prospects into next year.
Categories: Financial News

Twitter Shares Draw Lukewarm Ratings

Mon, 12/02/2013 - 3:04pm
As the five lead underwriters for Twitter Inc.'s IPO rolled out their first research reports on the stock, only two gave Twitter a ratings equivalent of "buy."
Categories: Financial News

OPEC Feels Effects of Shale Boom

Mon, 12/02/2013 - 3:01pm
Officials from Saudi Arabia and other Persian Gulf oil nations said for the first time Monday that the prices they charge in the U.S. were hurt by a shale production boom.
Categories: Financial News

Treasury Delays Bill Sale Due to Glitch

Mon, 12/02/2013 - 1:51pm
Officials cited an error that occurred during a test of its system.
Categories: Financial News

Ministers Try to Save Global Trade Deal

Mon, 12/02/2013 - 12:43pm
After 12 years of missed deadlines—and the failure last week to agree on even a scaled-back package ahead of a four-day meeting in Bali—the Doha round of trade negotiations appear all but dead.
Categories: Financial News

Justice Clears Microsoft's Purchase of Nokia's Mobile Business

Mon, 12/02/2013 - 12:25pm
Deal includes rights to Nokia patents as well its smartphone products; about 32,000 Nokia employees are expected to join Microsoft.
Categories: Financial News

Dow Chemical to Shed Another Unit

Mon, 12/02/2013 - 11:53am
Dow Chemical is exploring a possible sale or spinoff of its commodity chemicals businesses, in a continuation of the company's push to refocus its efforts.
Categories: Financial News