"Wallstreet" Reader

"Wallstreet" Reader

Talk of Changes at Stable J.P. Morgan

Posted: 05 Jun 2011 06:22 PM PDT

Two executives on J.P. Morgan's 15-person operating committee are expected to step down from those jobs soon.

Employers Put Heat on Schools

Posted: 05 Jun 2011 04:57 PM PDT

Big U.S. employers, worried about replacing retiring baby boomers, are wading deeper into education and growing bolder about telling educators how to run their business.

Board Seats for Ex-CEOs

Posted: 05 Jun 2011 07:49 PM PDT

A surprising number of embattled CEOs, forced out for poor performance or legal problems, find a warm reception from outside corporate boards on which they sit.

Hackers' Lowly Goal: Pranks

Posted: 05 Jun 2011 07:35 PM PDT

A group calling itself LulzSec is showing that hackers pulling pranks remain a serious annoyance and even a threat in their own right.

Country Labeling Sets Off EU Debate

Posted: 05 Jun 2011 06:38 PM PDT

A proposal that would force companies to slap "Made in" labels on billions of euros in goods sold in the EU has split the bloc's southern manufacturing base from multinational companies who sell items from elsewhere.

Starwood CEO Moves to China to Grow Brand

Posted: 05 Jun 2011 07:35 PM PDT

As the recovery in the U.S. hospitality sector continues to chug along, Frits Van Paasschen, chief executive of Starwood Hotels & Resorts Worldwide, is focused on a potentially bigger market: China.

Host Hotels Sues Brokerage Firm

Posted: 05 Jun 2011 06:39 PM PDT

Host Hotels is suing Molinaro Koger, alleging that the real-estate brokerage, which it hired to sell some of its hotels, set up front companies to flip the properties for its own profit.

Dollar Likely to Weaken Further

Posted: 05 Jun 2011 04:06 PM PDT

The dollar is poised to fall further on investors' appetite for higher-yielding currencies, as long as global economic growth is unruffled by a slowdown in the U.S.

News Corp. Weighs Myspace Partners

Posted: 05 Jun 2011 04:08 PM PDT

News Corp.is moving toward a deal for Myspace, with a strategic partnership appearing more likely than a straight sale.

Tug of War on Bank Stocks

Posted: 05 Jun 2011 02:49 PM PDT

Bank stocks have consistently defied predictions that they are ready to rally, but some bulls say the lack of enthusiasm makes them even more attractive.

Peruvians Vote in Presidential Runoff

Posted: 05 Jun 2011 01:54 PM PDT

Voters in one of the world's most dynamic economies went to the polls Sunday to choose between two divisive presidential candidates espousing starkly conflicting economic visions.

Nadal Beats Federer Again in French Open Final

Posted: 05 Jun 2011 12:42 PM PDT

Rafael Nadal beat Roger Federer in their fourth French Open final Sunday to equal Bjorn Borg's record of six French Open titles.

Chance to Fix Flaws in Euro Zone

Posted: 05 Jun 2011 04:45 PM PDT

The 17 countries of the euro zone are far from perfectly suited to share a currency. Europe's financial crisis might provide an opportunity to change that for the better.

Novartis Drug Extends Lives in Gastrointestinal Cancer

Posted: 05 Jun 2011 11:52 AM PDT

Novartis's cancer pill Gleevec extended the lives of patients with a type of gastrointestinal cancer over the long-term when they took the drug for three years after surgery, as compared with the commonly used regimen of just a single year.

Plan Focuses on Rescheduling of Greek Debt

Posted: 05 Jun 2011 06:51 PM PDT

Support is building among senior European finance officials for a plan to press Greece's private-sector creditors into accepting a debt exchange that would result in delayed repayment to them.

TransCanada to Restart Pipeline

Posted: 05 Jun 2011 02:13 PM PDT

TransCanada expected to restart its Keystone pipeline Sunday after the U.S. DOT reversed a decision barring the company from reopening the line.

Portugal Votes Amid Austerity Pain

Posted: 05 Jun 2011 10:21 AM PDT

The Portuguese head to the polls Sunday in a closely watched election that could determine the scope and speed of harsh economic reforms tied to a $114.15 billion international bailout.

Yemen Leader in Saudi Arabia for Treatment

Posted: 05 Jun 2011 01:47 PM PDT

President Ali Abdullah Saleh underwent surgery in Saudi Arabia on Sunday, Yemeni officials said, a day after he left the country after an attack on his compound, leaving his vice president in charge.

Israeli Forces Fire on Protesters Near Golan

Posted: 05 Jun 2011 01:49 PM PDT

Violence along the border between Syria and the Israeli-controlled Golan Heights escalated and claimed casualties on Sunday, as Israeli soldiers opened fire on demonstrators who sought to march across the frontier.

Japan Party Leaders Discuss Kan's Exit

Posted: 05 Jun 2011 04:22 AM PDT

With Japanese Prime Minister Naoto Kan likely to step down this summer, the country's ruling and opposition party leaders are now clashing over how soon Mr. Kan should leave office.