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Wall Street Journal: U.S. and International News
Offshore Brazil Beckons for BP
14 hours 17 min ago
The British oil giant agreed to acquire a big swath of oil assets from Devon Energy for $7 billion, in a deal that will vault BP into the hot new oil region off the shores of Brazil.
Categories: NEWS: U.S. and International
Rattner in Talks to Settle Probe
14 hours 18 min ago
The Wall Street financier and former auto czar is in settlement talks to resolve his role in the "pay to play" investigation at the New York state pension fund.
Categories: NEWS: U.S. and International
Credit Market Springs to Life
14 hours 20 min ago
Companies around the globe are aggressively borrowing in the debt markets once again -- a sign of renewed confidence in the world economy.
Categories: NEWS: U.S. and International
Swiss Data Theft Hits HSBC Clients
14 hours 49 min ago
HSBC's Swiss private bank issued a public apology to its clients for the theft of 15,000 sets of client data, allegedly by a former employee who had access to client names.
Categories: NEWS: U.S. and International
Geithner Warns Europe on Fund Legislation
14 hours 51 min ago
Geithner has warned the European Commission that its proposals for more restrictive regulation of alternative fund managers could affect cross-border investment, demonstrating how the controversial European Union directive could have transatlantic ramifications.
Categories: NEWS: U.S. and International
BMW's 2009 Profit Slides 36%
15 hours 2 min ago
BMW reported a 36% slump in 2009 net profit in a year that saw a steep downturn for luxury car makers, but said it is cautiously optimistic for 2010.
Categories: NEWS: U.S. and International
Test to Democratic Agenda Comes From Within
15 hours 2 min ago
Afghanistan vote lets House Democrats air broader discontent with White House on health care, environment and other issues
Categories: NEWS: U.S. and International
Gloom at Small Firms Clouds Outlook
15 hours 4 min ago
Small firms are lagging far behind big companies in the early stages of the economic recovery, a dichotomy that is likely to slow the upturn.
Categories: NEWS: U.S. and International
Ex-Cazenove Partner Found Guilty
15 hours 48 min ago
Malcolm Calvert, a City veteran and former partner at U.K. stockbroker Cazenove known by his peers as 'Streaky,' was found guilty of five counts of insider trading.
Categories: NEWS: U.S. and International
IATA Slashes Airline-Loss Forecast
15 hours 49 min ago
The International Air Transport Association said it expects the airline industry to incur a $2.8 billion loss in 2010, half the $5.6 billion previously expected.
Categories: NEWS: U.S. and International
China Data Show Moderating Stimulus
17 hours 16 min ago
The rapid growth in China's bank lending and investment spending slowed in February, official data show, a sign that the government's gradual withdrawal of stimulus policies is starting to have an effect.
Categories: NEWS: U.S. and International
Mining Firms Decry Suspensions
17 hours 56 min ago
Gold and platinum miners in South Africa are running up against a spate of safety-related work stoppages, driving costs higher and hindering the industry's recovery even as demand for precious metals picks up.
Categories: NEWS: U.S. and International
Where Is GMAC Exit Strategy? Asks Panel
19 hours 5 min ago
The U.S. Treasury Department has no clear plan to exit its investment in in the financial-services company, raising the specter of billions in potential losses, a congressional watchdog said in a report.
Categories: NEWS: U.S. and International
Toyota Complaints Surged After First Recall
Wed, 03/10/2010 - 23:14
Complaints about speed-control problems with Toyotas have surged since the car maker announced in September it would recall millions of cars to fix floor mats that can pin the gas pedal in an open position.
Categories: NEWS: U.S. and International
H-P to Brandish Tech Credentials
Wed, 03/10/2010 - 22:33
H-P, known to consumers mostly as a printer specialist, is seeking to recast itself as a broader tech company with a new ad campaign featuring rapper Dr. Dre, comedian Rhys Darby and the slogan "Lets Do Amazing."
Categories: NEWS: U.S. and International
China's Housing Sales Slow
Wed, 03/10/2010 - 21:14
China's red-hot housing market shows signs of cooling, according to government data, news that is likely to encourage Chinese leaders who face mounting political pressure from urban residents unable to afford new homes.
Categories: NEWS: U.S. and International
Shell Stops Gas Sales to Iran
Wed, 03/10/2010 - 19:43
The Anglo-Dutch oil major said it is no longer selling gasoline to Iran, the latest company to make such a move during threats of tougher sanctions against the Islamic republic.
Categories: NEWS: U.S. and International
Google Sees Outcome to China Talks
Wed, 03/10/2010 - 19:40
Eric Schmidt said his company expects to soon conclude talks with the Chinese government over the fate of its search engine and business in China.
Categories: NEWS: U.S. and International
Psychiatric Solutions, Bain in Talks
Wed, 03/10/2010 - 19:31
Psychiatric Solutions, a for-profit operator of mental-health hospitals and clinics, is in talks to be acquired by Bain Capital.
Categories: NEWS: U.S. and International
Trans-Atlantic Defense Deals Falter
Wed, 03/10/2010 - 19:20
Northrop and EADS's decision to drop out of a $40 billion competition to build aerial-refueling tankers for the Air Force is the latest example of how trans-Atlantic defense ventures have faltered.
Categories: NEWS: U.S. and International
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