"Wallstreet" Reader

"Wallstreet" Reader

Utilities Energized, Not Just for Dividends

Posted: 13 Nov 2010 04:44 PM PST

Utility stocks are now in demand, because their dividends look appealing at a time when investors are searching for steady income. But some pros are skipping the best-paying names and getting into other utilities for a different reason: their growing profits.

Democrats Sidestep Leadership Fight

Posted: 13 Nov 2010 07:15 AM PST

House Democrats brokered a truce Friday night that will allow Majority Leader Steny Hoyer and Whip James Clyburn to remain in leadership without a divisive caucus vote next week.

EU Urges Early Irish Bailout

Posted: 13 Nov 2010 12:38 PM PST

European officials are encouraging Ireland to accept a bailout to restore confidence in its solvency and stop the spread of financial-market turbulence to other euro members.

Credit Fears, Elections Prompt Muni Selloff

Posted: 13 Nov 2010 06:29 PM PST

Investors sold off long-term municipal bonds in the past week, sending a shiver through a normally stable market.

Reliance Profit Drops

Posted: 13 Nov 2010 06:43 AM PST

Reliance Communications of India posted a 40% fall in second-quarter consolidated net profit as prices in the country's fast-growing mobile-telecommunications market are dragged down by new competition.

Number of the Week: More Entrepreneurs, Fewer Jobs

Posted: 13 Nov 2010 06:02 AM PST

More Americans are going into business for themselves, but a lot of the entrepreneurial activity is born not of inspiration, but of desperation.

Wal-Mart Scouts For Bargains in Japan

Posted: 13 Nov 2010 04:18 AM PST

Having finally tuned a corner in the notoriously difficult Japanese retail market, Wal-Mart is now actively on the hunt for acquisitions there as it focuses on creating greater scale to further reduce its cost base.

Myanmar Frees Democracy Leader

Posted: 13 Nov 2010 01:15 PM PST

Myanmar's military government freed democracy leader Aung San Suu Kyi after her latest term of detention expired. Several thousand jubilant supporters streamed to her residence.

Equine Dentists Shine in Court

Posted: 12 Nov 2010 03:24 PM PST

Equine dental practitioners in Texas won a legal battle allowing them to file horses' teeth without having a veterinary license.

Meet-Greet Rush is On

Posted: 12 Nov 2010 08:21 PM PST

The largest class of House GOP freshmen in decades is heading to Washington amid an unusual struggle to shape what will constitute more than one third of the party's majority.