"Wallstreet" Reader

"Wallstreet" Reader

U.S. Farmers Head Into Key Stretch for Harvests

Posted: 06 Mar 2011 04:47 PM PST

The world is consuming grains faster than farmers are growing them, draining reserves and pushing prices to the levels that fueled food riots in poor countries three years ago.

Asia Lower on High Oil; Politics Hits Tokyo Shares

Posted: 06 Mar 2011 07:34 PM PST

Asia was mostly lower as higher oil prices continued to hurt sentiment, while the resignation of Japan's foreign minister added to the gloom in Tokyo.

Fed Unlikely to Pull Its Aid Just Yet

Posted: 06 Mar 2011 05:29 PM PST

The Fed wants to see more evidence before seriously considering how and when to pull back the enormous amounts of stimulus pumped into the financial system.

LVMH to Buy Control of Bulgari

Posted: 06 Mar 2011 07:41 PM PST

LVMH is to take a controlling stake in Bulgari, a person familiar with the matter said, underscoring the French group's acquisitive streak as the luxury market rebounds.

Banks Get Back to the People Business

Posted: 06 Mar 2011 03:44 PM PST

As bankers across the U.S. worry less about loans that went bad and more about how to make new loans, some financial institutions are digging much deeper than a potential borrower's credit score or business plan.

Filling Jobs Slows Down

Posted: 06 Mar 2011 04:23 PM PST

Recruiters say they are having trouble finding candidates for many skilled positions, and once candidates are found, hiring managers are taking longer to pull the trigger.

Writers Get Close in Video Interviews

Posted: 06 Mar 2011 03:41 PM PST

Simon & Schuster is betting it can build readership through video interviews with authors—as fewer writers go on extended tours and fewer bookstores host signing events.

Wisconsin Democrats May Return Soon

Posted: 06 Mar 2011 03:19 PM PST

The leader of the 14 Wisconsin Senate Democrats who left the state last month to block legislation that would curb public-employee union rights said the senators plan to return "in the relatively near future," because negotiations with the governor have failed.

Rajaratnam's Biggest Bet Yet

Posted: 06 Mar 2011 06:21 PM PST

Raj Rajaratnam made many successful gambles while amassing a net worth exceeding $1 billion. Few of those likely were as risky as his plan to take the stand in his own defense.

Dow's Surge Can't Erase Doubts

Posted: 06 Mar 2011 04:49 PM PST

Many investors remain skeptical about the market's strength. They worry that the economy isn't strong enough to stand on its own once the Fed ends its latest round of support in June.

Newsweek Relaunch Bows Monday

Posted: 06 Mar 2011 01:22 PM PST

The new Newsweek will hit newsstands Monday with a new font, more graphics and a wider range of article topics.

Nickelodeon to Add the Ninja Turtles

Posted: 06 Mar 2011 01:05 PM PST

Viacom's Nickelodeon plans to offer a new TV version of the Teenage Mutant Ninja Turtles franchise next year using computer-generated animation.

China's Focus Turns to Its Poor

Posted: 06 Mar 2011 06:16 PM PST

Looking to head off the kind of anger that is reshaping the Middle East, China's leaders pledged to boost incomes for the less wealthy and to tame inflation.

China Alters Liquidity Gauge

Posted: 06 Mar 2011 03:54 PM PST

China eliminated a key policy tool in its arsenal to control liquidity and inflation: its annual target for new bank lending, overhauling how it looks at lending and changing the way it regulates banks.

China Takes the Aviation Stage

Posted: 06 Mar 2011 12:51 PM PST

The Asian Aerospace trade fair starts Tuesday in Hong Kong, and will reflect the sensitivities of mainland China as it reshapes the global aviation industry.

GIC's Chief: Americans Too Gloomy on Outlook

Posted: 06 Mar 2011 04:54 PM PST

Americans have failed to recognize the resilience of the U.S. economy, according to Tony Tan Keng Yam, executive director of the Government of Singapore Investment Corp., one of the world's most active sovereign-wealth funds.

HSBC Says It Prefers London

Posted: 06 Mar 2011 05:43 PM PST

HSBC said it wants to remain headquartered in the U.K. but is increasingly having to justify the decision to shareholders.

GOP: U.S. Should Offer Support to Libyan Rebels

Posted: 06 Mar 2011 11:37 AM PST

Republican leaders in Congress said Sunday the U.S. should consider providing arms, intelligence and training to opposition forces fighting to overthrow Libya's Col. Moammar Gadhafi.

China Scraps Annual Lending Target

Posted: 06 Mar 2011 08:35 AM PST

Missing among the myriad economic goals unveiled by Chinese Premier Wen Jiabao was the annual target for new bank lending, which has been an important part of Beijing's arsenal to control liquidity and inflation

Protests Pressure Bahrain's Rulers

Posted: 06 Mar 2011 01:43 PM PST

Tens of thousands of Bahraini opposition demonstrators encircled a sprawling government compound Sunday in a gathering timed to coincide with a cabinet meeting, amid growing pressure on the ruling family to accept sweeping reforms.