"Wallstreet" Reader

"Wallstreet" Reader


NFL Owners Try a Wedge

Posted: 17 Mar 2011 06:06 PM PDT

The NFL wants to convince the league's 1,700 players their union forced a potentially costly lockout instead of cutting a deal that met players' financial demands.

Pepsi Thirsty for a Comeback

Posted: 17 Mar 2011 05:39 PM PDT

Pepsi is attempting to put a big new charge into its U.S. soda business after losing more ground last year to Coca-Cola in their decades-old cola wars.

Executive Bonuses Bounce Back

Posted: 17 Mar 2011 08:59 PM PDT

CEO bonuses at 50 major corporations jumped 30.5%, the biggest gain in at least three years, according to a study by Hay Group for The Wall Street Journal.

Nike to Raise Prices

Posted: 17 Mar 2011 05:18 PM PDT

Nike executives said the company will begin to raise prices on a broad variety of products in an effort to offset rising costs, as the company posted a 5.2% increase in its fiscal third-quarter earnings.

'Macro' Traders Ride Yen's Volatility

Posted: 17 Mar 2011 04:27 PM PDT

As financial markets struggle to digest the catastrophic effects of Japan's earthquake, traders are engaged in a furious fight to try to stay ahead of events.

RIM, Carriers Fight Over Digital Wallet

Posted: 17 Mar 2011 04:24 PM PDT

BlackBerry maker Research In Motion is locking horns with wireless carriers over control of mobile-payment data, in an example of the battles erupting as smartphones evolve into electronic wallets.

AIG's Chief Was Paid $8.4 Million in 2010

Posted: 17 Mar 2011 04:27 PM PDT

American International Group said Chief Executive Robert Benmosche received compensation valued at $8.4 million in 2010.

Nasdaq, ICE Trip Up on NYSE Bid Terms

Posted: 17 Mar 2011 07:43 PM PDT

Lingering differences between Nasdaq OMX and potential partner IntercontinentalExchange are among the issues delaying a move toward a counterbid for NYSE Euronext.

Disaster Weighs on Steel

Posted: 17 Mar 2011 03:54 PM PDT

Weak demand for steel in Japan is further depressing spot prices for iron ore and some steel products throughout the world following last week's earthquake.

Crisis Tests Supply Chain's Weak Links

Posted: 17 Mar 2011 08:49 PM PDT

Companies around the world are scrambling to retool their supply chains as they cope with disruptions caused by Japan's earthquake—and many might not be as well-prepared as they thought.

Borders Shuts More Stores

Posted: 17 Mar 2011 02:05 PM PDT

Borders Group said it is closing an additional 28 stores by late May as part of its restructuring. The bookstore chain, operating under Chapter 11, already is in the process of closing 200 superstores.

Fed Poised to Ease Grip on Banks

Posted: 17 Mar 2011 06:12 PM PDT

The Fed is expected to free some of the nation's biggest banks from strict oversight—a milestone in the government's effort to prop up an industry that was in danger of collapsing more than two years ago.

TARP Watchdog: Big Banks Got Unfair Advantage

Posted: 17 Mar 2011 02:34 PM PDT

The federal rescue of the financial system in 2008 has provided large financial institutions with cheaper access to credit, said the special inspector general for the Troubled Asset Relief Program.

Japan to Feel Out G-7 on Yen Intervention

Posted: 17 Mar 2011 01:04 PM PDT

Japan's Finance Ministry is being increasingly vigilant against the yen's rise a day after it jumped to a record high against the U.S. dollar, with an intervention to weaken the currency a possibility.

FDIC Sues WaMu Executives---and the Wives

Posted: 17 Mar 2011 06:12 PM PDT

The FDIC sued three former executives of the failed Washington Mutual Bank, along with two of their wives, for alleged gross negligence and other failures in the run up to WaMu's collapse.

Airbus Faces Charges

Posted: 17 Mar 2011 11:53 AM PDT

A French judge filed preliminary manslaughter charges against Airbus over the 2009 crash of an Air France jet -- opening a rare criminal investigation against a corporate powerhouse.

AGs, Mortgage Servicers to Talk

Posted: 17 Mar 2011 05:30 PM PDT

State attorneys general expect to soon begin negotiations aimed at hammering out a settlement that would resolve their investigation of questionable mortgage-servicing practices.

General Mills to Buy Yoplait Stake

Posted: 17 Mar 2011 04:16 PM PDT

General Mills is said to be set to buy a large stake in Yoplait that values the French yogurt company at about $2.22 billion.

OECD: Pension Reforms Insufficient

Posted: 17 Mar 2011 10:29 AM PDT

Recent pension reforms in developed economies aren't sufficient to deal with increasing life expectancy, and people will have to work longer in future, the Organization for Economic Cooperation and Development said in a report.

Gas Pipeline Explodes in Minnesota

Posted: 17 Mar 2011 11:53 AM PDT

A fire involving a natural-gas-pipeline broke out in south Minneapolis Thursday but caused no injuries and was extinguished about an hour after it began.