European Stocks Higher
European stock markets marched higher amid improving confidence ahead of Wednesday's EU summit. Read more...
WSJ.com: What's News US, 22 May, 12:48am
Fitch Downgrades Japan
Fitch Ratings downgraded Japan's sovereign rating to A-plus and said it was maintaining a negative outlook as the country struggles to improve its dire fiscal balance. Read more...
WSJ.com: What's News US, 22 May, 12:46am
Nissan Taps Hong Kong as Gateway to China
Nissan Motor Co.'s move to set up its global headquarters for its high-end luxury brand, Infiniti, in Hong Kong underscores the Japanese car maker's ambitions to boost its global sales of luxury vehicles in China. Read more...
WSJ.com: What's News US, 22 May, 12:08am
Computer Trading Takes Human Turn
The surge in so-called quantitative investing, followed by the scarring "quant quake" of 2007, left one of Wall Street's quant pioneers reconsidering the role of machines. Read more...
WSJ.com: What's News US, 21 May, 10:45pm
Asia Stocks Rise Ahead of Summit
Asian markets rose ahead of an EU summit on measures to promote growth and keep Greece in the euro zone. The Nikkei was up 0.9%. Read more...
WSJ.com: What's News US, 21 May, 10:36pm
Sequoia Head Reduces Role Over Health
One of Silicon Valley's best-known investors, Michael Moritz of Sequoia Capital, is stepping back from managing the venture-capital firm to deal with an "incurable" medical condition. Read more...
WSJ.com: What's News US, 21 May, 10:35pm
Chinese Ticket to Hollywood
A Chinese company's deal to buy theater chain AMC Entertainment confounded many in the U.S. film business, who could find few synergies. Read more...
WSJ.com: What's News US, 21 May, 10:35pm
Dexia Shakes Up Board
Dexia has announced a shake-up of its board, bringing in Karel de Boeck, a former Fortis chief executive who has been widely tipped to take over as CEO at the Franco-Belgian lender in the coming months. Read more...
WSJ.com: What's News US, 21 May, 10:23pm
Born in a U.S.A.-Made Crib
Stanley Furniture is an oddity in an industry moving production abroad: it shifted its baby crib manufacturing back to the U.S. from China, capitalizing on Americans' willingness to pay more for perceived safety. Read more...
WSJ.com: What's News US, 21 May, 7:22pm
Corzine Pay Plan Topped $8 Million
Former MF Global Chief Executive Jon S. Corzine received more than $8 million in cash and stock options in the months leading up to the brokerage's collapse. Read more...
WSJ.com: What's News US, 21 May, 3:06pm
Simon Property CEO Pay Rejected
Shareholders in Simon Property rejected an eight-year compensation package awarded to Chief Executive David Simon, which included an annual base salary of $1.25 million and stock awards valued at $132 million over the eight-year term. Read more...
WSJ.com: What's News US, 21 May, 3:03pm
Bankers Under Fire as Facebook Slips 11%
Facebook shares skidded on their second day on the stock market, leaving some investors in the red and raising questions about whether the company and its lead banker, Morgan Stanley, botched the deal. Read more...
WSJ.com: What's News US, 21 May, 1:10pm
Men Should Skip Common Prostate Test, Panel Says
Men shouldn't be screened for prostate cancer with a widely used blood test, a federal advisory panel recommended. Read more...
WSJ.com: What's News US, 21 May, 1:10pm
U.S. Stocks End Losing Streak
The Nasdaq Composite index rose the most since December as hopes of political progress in Greece and talk of government efforts to buoy China's economy trumped a steep decline in Facebook's newly public stock. Read more...
WSJ.com: What's News US, 21 May, 1:01pm
Eaton to Acquire Cooper Industries
Eaton agreed to buy electrical-equipment supplier Cooper Industries in an $11.8 billion cash-and-stock deal that would significantly expand Eaton's power management business. Read more...
WSJ.com: What's News US, 21 May, 12:52pm
J.P. Morgan Suspends Share Buybacks
J.P. Morgan is suspending share repurchases in the wake of $2 billion-plus in trading losses, CEO Dimon said at an investor conference. Read more...
WSJ.com: What's News US, 21 May, 12:42pm
Prosecutors: Gupta Violated Duty to Goldman
A federal prosecutor said former Goldman Sachs director Rajat Gupta violated his duty to Goldman and its shareholders when he allegedly leaked secret information about the investment bank, as well as other companies, to convicted hedge-fund manager Raj Rajaratnam. Read more...
WSJ.com: What's News US, 21 May, 11:57am
Kodak Patent Invalid in Case Against Apple, RIM
A Kodak digital-imaging patent was declared invalid, dealing a blow to the bankrupt imaging company that is trying to squeeze cash from its intellectual property portfolio. Read more...
WSJ.com: What's News US, 21 May, 11:48am
FDIC Targets Banks Over Soured Mortgage Debt
The Federal Deposit Insurance Corp. is suing several big banks over soured mortgage securities that were purchased by failed lenders the regulator seized in 2009. Read more...
WSJ.com: What's News US, 21 May, 11:45am
EU Presses Google on Antitrust Issues
European antitrust regulators identified four areas of concern about Google's business practices, but gave the U.S. Internet giant the opportunity to offer concessions to settle the case. Read more...
WSJ.com: What's News US, 21 May, 11:36am
No Resolution on Euro Bonds
EU leaders headed for a potential showdown this week after France and Germany appeared no closer to a compromise on reviving euro-zone growth. Read more...
WSJ.com: What's News US, 21 May, 11:27am
Cable Firms Share Wi-Fi Hot Spots
Comcast, Time Warner and three other large cable operators agreed to give customers access to each other's wireless Internet hot spots. Read more...
WSJ.com: What's News US, 21 May, 10:59am
CEOs Who Delivered the Most, Least Bang for the Buck
Some CEOs delivered more bang for the buck, while others were well rewarded despite poor results. Read more...
WSJ.com: What's News US, 21 May, 10:56am
Best Buy Hires Recruiter for CEO Search
Best Buy Co. hired recruiting firm Spencer Stuart to run its search for a new chief executive, citing the firm's experience with retail and digital companies. Read more...
WSJ.com: What's News US, 21 May, 10:52am
Barclays to Sell Entire BlackRock Stake
Barclays said that it intends to sell its $6.1 billion stake in BlackRock, as the U.K. lender seeks to redeploy cash to boost its profitability and offset the effects of impending regulation. Read more...
WSJ.com: What's News US, 21 May, 10:43am
For Campbell's, Another Weak Soup Season
Campbell's profit fell 5.4% as soup sales dropped 3% in the U.S. Continued weakness in soup was offset with better results in the quarter from the V8 juice brand and Pepperidge Farm's Goldfish Crackers and in Canada. Read more...
WSJ.com: What's News US, 21 May, 10:31am
Ex-Rutgers Student Sentenced to 30 Days
A former Rutgers University student convicted of bias crimes for spying on his gay roommate was sentenced to 30 days in jail. Read more...
WSJ.com: What's News US, 21 May, 10:22am
MetLife, ManuLife Target ING Assets
MetLife, Manulife Financial, AIA Group and Korea Life Insurance are all bidding in ING Groep's auction of its Asian life-insurance arm, pitting higher-valued Asian insurers against their North American peers. Read more...
WSJ.com: What's News US, 21 May, 9:45am
Lowe's Posts Tepid Sales
Lowe's fiscal first-quarter earnings rose 14% on a calendar shift and unusually warm weather but the retailer slightly lowered its full-year earnings outlook and warned that weather might have pulled sales forward. Read more...
WSJ.com: What's News US, 21 May, 9:02am
Thompson Resigns From Splunk's Board
Scott Thompson has stepped down from the board of data-analysis provider Splunk, his second such departure in the past week since resigning as Yahoo's chief executive. Read more...
WSJ.com: What's News US, 21 May, 8:49am
China Oil Imports From Iran Rebound
China's imports of Iranian crude oil recovered in April after sharp drops earlier this year, suggesting Beijing remains a steady customer despite U.S. efforts to tighten sanctions on Tehran. Read more...
WSJ.com: What's News US, 21 May, 7:04am
DaVita Buys HealthCare Partners
Dialysis provider DaVita agreed to buy doctor-network operator HealthCare Partners in a cash-and-stock deal valued at about $4.4 billion. Read more...
WSJ.com: What's News US, 21 May, 6:44am
Job Prospects Improve for M.B.A. Students
While hiring prospects for graduate business students are stronger across the board, the rate of growth is uneven in some sectors, including financial services and consulting. Read more...
WSJ.com: What's News US, 21 May, 6:00am
NY Fed Resumes Maiden Lane Auction
The New York Fed has resumed the auction process for the $1.67 billion of complex mortgage assets in its Maiden Lane III portfolio, which was halted to allow for distribution of information on the securities. Read more...
WSJ.com: What's News US, 21 May, 4:45am
Fuel Costs to Pinch Ryanair
Ryanair warned earnings will fall sharply this year as it becomes harder to offset high fuel costs with fare increases, as the carrier posted a better-than-expected 50% jump in profit. Read more...
WSJ.com: What's News US, 21 May, 1:04am
Yahoo in Deal on Alibaba Stake
Yahoo struck a deal to sell up to half of its stake in Alibaba Group Holding back to the Chinese company for $7.1 billion, finally succeeding after multiple attempts to wind down a seven-year relationship that had recently soured. Read more...
WSJ.com: What's News US, 21 May, 1:01am
Asian Markets Mostly Higher
G-8 leaders said they want Greece to remain in the euro zone and China raised hopes of further policy-easing, prompting Asian markets to rise Monday. The Nikkei was up 0.7%. Read more...
WSJ.com: What's News US, 21 May, 12:55am
Formula One's Singapore IPO Approved
Formula One Group, the motor racing franchise owned by private-equity firm CVC Capital Partners, has received the go-ahead from the Singapore Exchange for a $2.5 billion initial public offering. Read more...
WSJ.com: What's News US, 21 May, 12:47am
Risk Manager's Past Scrutinized
An executive who oversaw risk management at the unit that made trading blunders that have cost J.P. Morgan Chase & Co. at least $2 billion this year earlier lost millions while trading for the unit. Read more...
WSJ.com: What's News US, 21 May, 12:16am
Man Group Makes Hedge-Fund Buy
U.K.-listed hedge-fund operator Man Group will acquire Financial Risk Management Holdings, a hedge-fund research and investment specialist, with funds under management of approximately $8 billion. Read more...
WSJ.com: What's News US, 21 May, 12:14am
Europe Stocks Rise
European stock markets moved higher on improved confidence, helped by a statement from G8 leaders that affirmed they want Greece to remain in the euro zone. Read more...
WSJ.com: What's News US, 20 May, 11:55pm
SpaceX Acts Fast for New Launch
Space Exploration Technologies, reacting quickly to an aborted mission to the international space station, intends to launch again after swapping out a faulty part. Read more...
WSJ.com: What's News US, 20 May, 11:28pm
Premier Vows Action on China Growth
Chinese Premier Wen Jiabao declared that policies meant to prevent a rapid economic slowdown must be applied decisively, suggesting that Beijing is leaving the door open for more-aggressive measures. Read more...
WSJ.com: What's News US, 20 May, 11:03pm
China's Wanda Group to Buy AMC
Chinese property conglomerate Dalian Wanda Group will acquire U.S. movie theater chain AMC Entertainment in a deal worth about $2.6 billion. Read more...
WSJ.com: What's News US, 20 May, 10:56pm
Critics: Chesapeake Books Obscure Costs
As investors struggle to assess the health of embattled natural-gas producer Chesapeake Energy Corp., some say they are facing an obstacle: the company's accounting. Read more...
WSJ.com: What's News US, 20 May, 10:27pm
Walking a Treasury Tightrope
Investors in U.S. Treasurys stand a good chance of losing money over time. And yet they can't seem to get enough of Uncle Sam's paper. Read more...
WSJ.com: What's News US, 20 May, 10:24pm
Midwest Closes a Cost Gap
The Midwest has largely closed the cost gap in competing for companies with the South, traditionally the nation's cheapest region in which to do business. Read more...
WSJ.com: What's News US, 20 May, 6:15pm
Greece Likely to Bolster Dollar, Yen
The U.S. dollar and the yen are likely to find support against their counterparts this week as the tensions over Greece's membership in the euro zone keep investors in a cautious mood. Read more...
WSJ.com: What's News US, 20 May, 3:43pm
Barroso: Lenders Are Firm On Greek Austerity Plan
Greece shouldn't expect international lenders to back down with significant concessions to the austerity plan it agreed on earlier this year, José Manuel Barroso, head of the European Union executive, said after the G-8 summit. Read more...
WSJ.com: What's News US, 20 May, 1:13pm
Corn Takes Off as China Buys
U.S. corn futures jumped 9.4% last week, lifted by concerns about tight current supplies and a rally in wheat prices. Read more...
WSJ.com: What's News US, 20 May, 11:55am