"Wallstreet" Reader

Yen's Post-Quake Rally May Fade
TNK-BP Board Votes Against Rosneft Proposal
Former Fannie CEO May Face SEC Action
Out of Ruin, Unity
Japan Tries Using Seawater to Cool Damaged Reactor
Quake, Tsunami Slam Japan
Lehman Probe Stalls; Chance of No Charges
Apple iPad 2 Draws Early Crowds

Posted: 12 Mar 2011 05:31 PM PST

While all eyes are trained on Japan's effort to overcome its biggest earthquake on record and the radiation threat from a damaged nuclear plant, some investors are raising eyebrows over the yen's recent strength.

TNK-BP Board Votes Against Rosneft Proposal

Posted: 12 Mar 2011 12:18 PM PST

BP PLC on Saturday rejected a proposal that its Russian joint venture TNK-BP Ltd. join an alliance with state oil producer OAO Rosneft, while its Russian partners in TNK-BP rejected a compromise offer by the U.K. oil major.

Former Fannie CEO May Face SEC Action

Posted: 12 Mar 2011 07:53 AM PST

Daniel Mudd, the former chief executive of Fannie Mae, said he has received a Wells notice from the SEC, the latest clue that federal investigators have expanded their years-long probe.

Out of Ruin, Unity

Posted: 12 Mar 2011 03:53 AM PST

Japan's earthquake, horrific as it was, could serve one positive purpose: It may be the catalyst that will force the country to unify and rally.

Japan Tries Using Seawater to Cool Damaged Reactor

Posted: 12 Mar 2011 06:41 PM PST

Japanese officials continued their battle to control dangerous reactor overheating in the nation's worst nuclear accident that followed Friday's earthquake, as they resorted to an unprecedented attempt to cool the reactor with seawater.

Quake, Tsunami Slam Japan

Posted: 12 Mar 2011 07:37 PM PST

Northeast Japan was a wasteland after the country's strongest earthquake on record triggered a 30-foot tsunami. The cascade of destruction killed hundreds and forced tens of thousands of people from their homes.

Lehman Probe Stalls; Chance of No Charges

Posted: 11 Mar 2011 09:33 PM PST

The U.S. government's investigation into the Lehman Brothers collapse has hit daunting hurdles that could result in no civil or criminal charges ever being filed against the company's former executives.