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Wall Street Journal: U.S. and International News

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What's News US
Updated: 14 hours 15 min ago

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.

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.

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.

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.

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.

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.

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

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.

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.

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.

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.

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.

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.

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.

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."

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.

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.

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.

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.

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.