"Wallstreet" Reader

Duke Energy, Progress Energy Near Merger
BP to Cut Alaskan Oil Production
Yellen Defends Fed's Bond Program
Verizon iPhone Out Near End of Month
Arizona Congresswoman Shot
Rare-Earth Ripple Effect Hits Gasoline Producers
Obama: Economic News Is Encouraging
Reflections on the 'Toilet Bowl'
Why Chinese Mothers Are Superior
Moqtada Sadr Urges Iraqi Unity
Developing Nations Fight Inflation
U.S. Seeks WikiLeaks Twitter Data
Two Banks Lose in Foreclosure Cases
Jobs Grows Richer Despite $1 Salary

Duke Energy, Progress Energy Near Merger

Posted: 08 Jan 2011 05:22 PM PST

Duke Energy is close to a deal to buy Progress Energy in an all-stock merger that would value its smaller rival at more than $13 billion.

BP to Cut Alaskan Oil Production

Posted: 08 Jan 2011 06:29 PM PST

Alyeska, the company that operates the Trans Alaska Pipeline, has told operators on the North Slope to reduce crude production by 95% after an oil leak was discovered at one of their pump stations.

Yellen Defends Fed's Bond Program

Posted: 08 Jan 2011 03:22 PM PST

Federal Reserve Vice Chairwoman Janet Yellen issued one of the strongest and most detailed defenses to date of the Fed's controversial decision to buy more government debt to promote the U.S. economy's recovery.

Verizon iPhone Out Near End of Month

Posted: 08 Jan 2011 03:21 PM PST

Apple's iPhone will make its way to Verizon Wireless stores around the end of the month.

Arizona Congresswoman Shot

Posted: 08 Jan 2011 01:04 PM PST

A gunman shot Rep. Gabrielle Giffords, an Arizona Democrat, and a number of bystanders, at an event outside a Safeway store in Tucson. A federal judge was shot at the scene and killed.

Rare-Earth Ripple Effect Hits Gasoline Producers

Posted: 08 Jan 2011 10:06 AM PST

The skyrocketing cost of rare-earth metals coming out of China is pushing up the cost of gasoline production in the U.S., the latest sign of the wide-reaching impact of Beijing's decision to restrict exports of the minerals.

Obama: Economic News Is Encouraging

Posted: 08 Jan 2011 08:09 AM PST

Obama trumpeted private-sector job growth and lower unemployment to argue that the trend on the economy is encouraging.

Reflections on the 'Toilet Bowl'

Posted: 08 Jan 2011 08:33 AM PST

Decades before the University of Oregon's football team reached this year's national-championship showdown, the Ducks played in a much less auspicious game: the Toilet Bowl.

Why Chinese Mothers Are Superior

Posted: 08 Jan 2011 07:53 AM PST

Can a regimen of no playdates, no TV, no computer games, and hours of music practice create happy kids? And what happens when they fight back? An exclusive excerpt from Amy Chua's "Battle Hymn of the Tiger Mother."

Moqtada Sadr Urges Iraqi Unity

Posted: 08 Jan 2011 08:09 AM PST

Moqtada al-Sadr sounded a conciliatory note toward the Iraqi government while insisting that U.S. troops should depart on schedule.

Developing Nations Fight Inflation

Posted: 07 Jan 2011 05:23 PM PST

Inflation is spreading across the world's largest emerging nations, leaving a noisy rattle in what have been the engines of global growth in recent years.

U.S. Seeks WikiLeaks Twitter Data

Posted: 08 Jan 2011 07:27 AM PST

WikiLeaks says its Twitter account details have been subpoenaed by the U.S. government and that it hopes to fight the order.

Two Banks Lose in Foreclosure Cases

Posted: 07 Jan 2011 06:37 PM PST

The highest court in Massachusetts ruled against Wells Fargo and U.S. Bancorp in two foreclosure cases that cast doubt over whether some home loans were properly handled when packaged into securitizations.