Wallstreet Reader |
Posted: 11 Nov 2010 07:38 PM PST Newsweek magazine and news website The Daily Beast agreed to combine in a deal that will make Tina Brown the editor-in-chief of the combined operation.   |
Posted: 11 Nov 2010 07:29 PM PST |
Posted: 11 Nov 2010 06:17 PM PST The Obama Administration is preparing a stepped-up approach to policing Internet privacy that calls for new laws and a new position to oversee the effort   |
Posted: 11 Nov 2010 05:29 PM PST Johnson & Johnson may be close to making a big play in an emerging class of blood-thinning medicines that some analysts believe could become a $20 billion market by the end of the decade.   |
Posted: 11 Nov 2010 07:38 PM PST One of the nation's largest pension funds has dialed back its plans to plow $2.5 billion into the commodities market after missing a historic rally.   |
Posted: 11 Nov 2010 06:19 PM PST GM caused a stir last week by saying its IPO would likely price between $26 to $29. Bond prices plummeted. But now demand for shares may drive the IPO price to $30 or slightly above.   |
Posted: 11 Nov 2010 07:36 PM PST A Microsoft joint venture in China announced a partnership with Sina that will link Microsoft's instant-messaging service with China's biggest microblogging service.   |
Posted: 11 Nov 2010 06:06 PM PST A presidential panel's draft overhaul of the tax system could hit higher earners hard, largely by wiping out deductions and investment breaks that tend to especially benefit those who make enough money to itemize their taxes.   |
Posted: 11 Nov 2010 05:52 PM PST Asian stock markets were mostly lower, with banking stocks hurting the Tokyo and Sydney bourses. Japan's Nikkei Stock Average was off 0.3%.   |
Posted: 11 Nov 2010 05:18 PM PST Home prices fell in nearly half of U.S. metropolitan areas in the third quarter.   |
Posted: 11 Nov 2010 07:41 PM PST OneWest Bank bought a $1.4 billion real-estate loan portfolio from Citigroup, signaling an aggressive expansion by a bank formed from the ruins of one of the earliest bank failures in the recent crisis.   |
Posted: 11 Nov 2010 05:47 PM PST Tax-reform plans proposed by President Obama's deficit-cutting commission would radically change corporate tax policy and, business groups say, could improve U.S. competitiveness in global trade.   |
Posted: 11 Nov 2010 07:30 PM PST Yahoo is evaluating job cuts in its consumer products group, as the Internet giant continues to search for ways to turn around its business.   |
Posted: 11 Nov 2010 04:31 PM PST The FDA has been paying consultants millions of dollars for management help despite concerns in Congress that the contracts aren't helping the agency to clear long backlogs.   |
Posted: 11 Nov 2010 04:08 PM PST Defense giant Northrop, anticipating leaner Pentagon budgets and a shift in battle tactics, is moving to exit shipbuilding and to focus on robotics and surveillance equipment.   |
Posted: 11 Nov 2010 04:01 PM PST Some of the firms that helped spark the home-mortgage crisis are now trying to help decide what a safe loan is.   |
Posted: 11 Nov 2010 03:56 PM PST Few of the businesses surveyed by the Federal Reserve Bank of Atlanta expect their sales to improve significantly in the near future—and are putting off or minimizing hiring as a result—said Atlanta Fed President Dennis P. Lockhart.   |
Posted: 11 Nov 2010 02:15 PM PST As digital books continue to gain traction, Barnes & Noble is rethinking its store layouts. The country's largest bookstore chain is testing 3,000-square-foot boutiques dedicated to children's games and toys in five of its mega-stores.   |
Posted: 11 Nov 2010 02:33 PM PST Sprint's appointment of a new finance chief is being delayed as the company's top choice for the job, Qwest's Joseph Euteneuer, waits to see through a merger at his current company.   |
Posted: 11 Nov 2010 05:25 PM PST Cisco's lock over its core routing and switch business may be loosening, contributing to a weak forecast that hurt the company's stock Thursday.       |
