"Wallstreet" Reader

"Wallstreet" Reader

Tokyo to Curb Shorts, Trim Lunch

Posted: 25 Nov 2010 05:53 PM PST

The Tokyo Stock Exchange proposed new rules to restrict the short selling of shares, following controversies over stock moves around recent offerings.

Asia Up in Thin Trade

Posted: 25 Nov 2010 05:28 PM PST

Asian stocks were mostly higher with the Nikkei up 0.3% as exporters' rose amid quiet trading given the Thanksgiving holiday.

Rebuilding Lives After Bankruptcy

Posted: 25 Nov 2010 06:05 PM PST

As the number of Americans filing for bankruptcy jumps, here's how some debtors are navigating the post-bankruptcy landscape.

Violence Rises in Brazil; Worry Over Olympics, World Cup

Posted: 25 Nov 2010 06:00 PM PST

Armored personnel carriers on loan from the Brazilian military rumbled through the streets of Rio de Janeiro as police with assault rifles battled heavily armed gangs for a fifth day.

Market Rules, Made to Be Broken

Posted: 25 Nov 2010 06:22 PM PST

The Fed's $600 billion injection of cash into the financial system is upending the ordinary rhythms that govern the stock market. This flood of money has roiled a host of market truisms.

A Home-Price Puzzle in Spain

Posted: 25 Nov 2010 05:11 PM PST

Variations in the data make it hard to get a handle on the true picture of the housing-price decline, and hence the Spanish economy.

BOE's King Accused of Political Interference

Posted: 25 Nov 2010 03:14 PM PST

Bank of England Governor Mervyn King was forced to defend himself from a charge of political interference after the Monetary Policy Committee's explicit approval of the government's fiscal plan.

Even With Web, Black Friday Won't Fade

Posted: 25 Nov 2010 05:01 PM PST

Black Friday should be fading in importance, what with online shopping and ever-earlier promotions. But the day-after Thanksgiving frenzy is bigger than ever for both retailers and shoppers.

Bank Customers Choose Overdraft Protection

Posted: 25 Nov 2010 05:24 PM PST

Three-quarters of consumers are choosing to sign up for services that allow them to overdraw their debit-card accounts.

Boeing Is Dealt New Setback

Posted: 25 Nov 2010 04:45 PM PST

Boeing is modifying portions of the electrical system on its forthcoming Dreamliner, after an in-flight fire aboard one of its test planes two weeks ago.

Del Monte Agrees to $4 Billion Buyout

Posted: 25 Nov 2010 03:38 PM PST

Food maker Del Monte Foods agreed to be acquired by a group of private equity firms including KKR for about $4 billion in cash.

NATO Rejects Russian Missile-Defense Offer

Posted: 25 Nov 2010 01:05 PM PST

NATO leaders rebuffed a proposal from Russian President Medvedev to unite Russia's missile defenses with those of the West, said diplomats and NATO officials.

SAP Verdict Rattles Tech-Support Sector

Posted: 25 Nov 2010 04:45 PM PST

Oracle's success in winning a verdict against rival SAP is reverberating among companies that provide technical support for other firms' software.

Europeans Clash on Bailout

Posted: 25 Nov 2010 08:01 PM PST

European leaders sparred over whether to commit more funds to rescue struggling euro-zone countries, as financial-market pressure on the region's weakest economies intensified.

North Korea Attack Shocks Islanders

Posted: 25 Nov 2010 06:50 AM PST

The North Korean artillery shell knocked Park Myung-hoon unconscious and peppered him with shrapnel when it hit his construction site. "The North Koreans have always threatened to turn the South into a sea of fire," he said. "But now I've seen it."

U.K. Charges for Insider Dealing

Posted: 25 Nov 2010 05:38 PM PST

The U.K. Financial Services Authority said it had charged five individuals with 17 counts of insider dealing in a sign of the regulator's tough approach to white collar crime.

Bearish Bets Rise on NYSE and Nasdaq

Posted: 25 Nov 2010 06:31 PM PST

Short-selling rose at the New York Stock Exchange and on the Nasdaq Stock Market during the first half of November. Apache's short-interest level soared 63%.

Debt Fears Cap Gains in Europe

Posted: 25 Nov 2010 04:18 AM PST

European stocks rose, helped by upbeat U.K. economic data, though gains were limited as concerns about European sovereign debt continued to niggle at investors.

Ex-Players Say Saban Twisted the Truth

Posted: 24 Nov 2010 07:32 PM PST

Alabama's football coach said four athletes were let go for breaking team rules. Three of them say that's not true.

Airlines Press for Access to Subsidies

Posted: 25 Nov 2010 07:34 PM PST

Ten airlines that are among the biggest beneficiaries of U.S. and European subsidies to buy jets called for an easing of rules on aircraft-export guarantees to defuse an international dispute on the issue.