"Wallstreet" Reader

"Wallstreet" Reader


Your Apps Are Watching You

Posted: 17 Dec 2010 07:47 PM PST

What They Know: IPhone and Android apps are breaching the privacy of smartphone users, a Wall Street Journal investigation has found. 13th in a series.

Spain Acts to Calm Investors

Posted: 17 Dec 2010 06:38 PM PST

Facing growing pressure from the financial markets, Spanish authorities promised to open the books of two groups of borrowers whose needs for cash are unnerving skittish investors.

Inside Tips Don't Always Pay Off

Posted: 17 Dec 2010 05:20 PM PST

Making money from alleged inside information can be difficult if too many investors receive the same tips, according to an exchange cited in a U.S. insider-trading case.

Michigan Blue Cross Fights Suit Over Pricing

Posted: 17 Dec 2010 06:36 PM PST

Blue Cross Blue Shield of Michigan asked a federal court to dismiss a Justice Department lawsuit alleging that the insurer struck anticompetitive agreements with hospitals.

EU Has Concerns on Big Intel Deal

Posted: 17 Dec 2010 06:15 PM PST

European antitrust officials have expressed concerns during their preliminary review of Intel's $7.68 billion deal to buy security-software specialist McAfee.

Some Insiders May Have Sold Too Soon

Posted: 17 Dec 2010 07:24 PM PST

Corporate executives who recently rushed to sell $19 billion of company shares during the past two months may have been trying to make a tax play that seemed smart—until the Obama administration's compromise plan changed things.

Tax Deal Adds Urgency to Debt Battles

Posted: 17 Dec 2010 02:18 PM PST

The $858 billion package of tax cuts President Barack Obama signed into law will accelerate battles over federal spending and tax policy that could define the 2012 presidential election.

Sara Lee Weighs Foreign Takeover

Posted: 17 Dec 2010 05:07 PM PST

In the latest example of cash-rich emerging-market companies seeking to snap up American business icons, Brazilian meat-processing giant JBS is pursuing a takeover of Sara Lee.

Dividend Stocks! The Mother of All Lists

Posted: 17 Dec 2010 01:16 PM PST

MarketBeat extra! Check out this sortable chart of the S&P 500, organized by dividend yield.

EU Pledges 'Adequate' Fund Support

Posted: 17 Dec 2010 07:47 AM PST

European leaders agreed to ensure "adequate financial support" in the euro zone's €440 billion bailout fund, although there are no immediate plans to increase its size.

Transocean Ordered to Turn Over Records

Posted: 17 Dec 2010 02:18 PM PST

A federal judge in New Orleans has ordered Transocean to turn over safety records related to the other rigs it had in the Gulf of Mexico in April when its Deepwater Horizon rig exploded.

Nations Team Up to Curb EU Budget

Posted: 17 Dec 2010 07:54 AM PST

The U.K., Germany, and France are joining forces to limit future increases in the European Union's annual budget, including a plan for a virtual freeze between 2014 and 2020.

Amazon Adds Rubinstein to Board

Posted: 17 Dec 2010 09:11 AM PST

Jon Rubinstein, the former Palm CEO and current H-P executive, has been named to the board of directors at Amazon.com.

Motorola's Spinoffs Begin Trading

Posted: 17 Dec 2010 06:32 PM PST

Motorola saw the "when-issued" shares of its smartphone division fall sharply after their debut, as investors seek out the market value for the business ahead of the official spinoff.

Connecticut Jabs Google Over Data

Posted: 17 Dec 2010 06:25 PM PST

Connecticut's attorney general said his office may take legal action against Google after the company rejected his request to turn over personal data it collected inadvertently from unsecured wireless networks.

Arizona and Nevada Sue Bank of America

Posted: 17 Dec 2010 05:43 PM PST

Attorneys general in Arizona and Nevada filed coordinated lawsuits against Bank of America, alleging that the bank violated the law in its handling of troubled mortgages.

Destiny USA, Citigroup Mend Fences In Syracuse

Posted: 17 Dec 2010 06:36 PM PST

Citigroup Global Markets Realty has reached a settlement with Destiny USA Holdings that will allow the retail development in Syracuse, N.Y., to move forward after about 18 months of delay.

Labor Market Stagnant in Most U.S. States

Posted: 17 Dec 2010 09:17 AM PST

Unemployment rates were little changed in most states in November, as employment was stagnant in most of the U.S. See a full list of state-by-state jobless rates.

Cumulus Media Makes Bid for Citadel

Posted: 17 Dec 2010 10:52 AM PST

Cumulus Media disclosed a nearly $1.4 billion cash-and-stock bid it made last month for fellow radio broadcaster Citadel Broadcasting.

Facebook Apologizes for Outage

Posted: 17 Dec 2010 06:59 AM PST

Facebook shut down its site for a brief period Thursday after some internal prototypes were leaked.