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Wall Street Journal: U.S. and International News

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What's News US
Updated: 1 hour 47 min ago

From Tiananmen Square to Possible Buffett Successor

1 hour 59 min ago
Li Lu, a student leader at Tiananmen Square, founded a hedge fund that has garnered an annualized compound return of 26% since 1998, and is now a leading candidate to run a chunk of Berkshire's $100 billion portfolio.

Stocks Slide on Growth Concerns

2 hours 3 min ago
A slowdown in second-quarter economic growth sent U.S. stocks lower, but it wasn't enough to stanch the biggest monthly gain in a year for the market.

U.S. Growth Slows

2 hours 9 min ago
U.S. economic growth slowed in the second quarter to a 2.4% annual rate. Business investment was strong, but imports were a big drag and consumers contributed less.

EU May Broaden U.S. Biodiesel Tariffs

2 hours 25 min ago
The EU is preparing to investigate whether U.S. biodiesel producers are routing their product to Europe through third countries in order to avoid tariffs imposed on U.S. shipments last year.

Merck's Profit Falls 52%

2 hours 26 min ago
Merck reported a 52% drop in profit, as the drug maker booked merger and restructuring costs.

Chevron's Profit Soars

2 hours 31 min ago
Chevron's earnings more than tripled as the oil company benefited from increased production and prices, plus stronger refining margins.

Bernanke's Bottom Line

2 hours 33 min ago
Last year Ben Bernanke was able to make up for the losses his personal net worth suffered in 2008 thanks, in part, to the stock market recovery he helped bring about.

Deal Boosts Li's Standing in U.K.

3 hours ago
Tycoon Li Ka-shing's $9.1 billion acquisition of three U.K. power grids from Electricite de France will give him control of about a quarter of the country's power distribution.

How Gangsters Are Saving Euro Zone

3 hours 53 min ago
Gangsters, drug dealers and money launderers -- fans of the €500 note -- are playing their part to shore up the stability of the euro zone, Stephen Fidler writes.

Corporate-Bond Boom Gathers Steam

4 hours 6 min ago
The global corporate-bond boom is gathering steam as companies rush to take advantage of some of the lowest borrowing costs in history.

July Is Deadliest Month for U.S. Troops in Afghanistan

4 hours 30 min ago
Three U.S. troops died in blasts in Afghanistan, making July the deadliest month ever for U.S. troops since the Afghan war began.

BP's Hayward Defends Tenure, Spill Response

4 hours 42 min ago
Tony Hayward, the departing chief executive of BP, is unrepentant about how the energy giant responded to the U.S.'s largest offshore oil spill.

BA, Virgin Sound Optimistic

4 hours 48 min ago
British Airways and Virgin Atlantic signaled that the pace of recovery is picking up after one of the toughest economic downturns in decades.

Google: Service in China Operating Normally

5 hours 26 min ago
Google said its Internet services in China are functioning properly after a minor overnight disruption.

Cheung Kong Buys EDF's U.K. Assets

6 hours 9 min ago
A consortium led by Cheung Kong Infrastructure agreed to pay $9.05 billion for Electricite de France's U.K. electricity distribution networks.

Revisions Show Weaker Economy

6 hours 17 min ago
The recession was deeper -- and subsequent recovery slower -- than the government originally estimated, the Commerce Department said.

Disney to Sell Miramax

7 hours 18 min ago
Walt Disney Company said it will sell Miramax Films to Filmyard Holdings for more than $660 million.

Qualcomm in India Broadband Venture

8 hours 19 min ago
Qualcomm is forming a joint venture with India's Global Holding and Tulip Telecom to build a network for offering wireless broadband services.

Exxon in Talks on China Gas Field

8 hours 21 min ago
Exxon Mobil is in talks with PetroChina to jointly explore and develop an unconventional gas block in the Ordos basin in northern China.

Audi Sees Growth in China, U.S.

8 hours 51 min ago
Audi reported its first-half net profit nearly doubled and said it is looking for strong growth in China and the U.S.