"Wallstreet" Reader

"Wallstreet" Reader

Life Lessons From the Car Guy

Posted: 11 Jun 2011 07:44 PM PDT

What does it take to inspire people and defeat a bean-counting corporate bureaucracy? An autocrat in the boardroom with an allergy to consensus, says former Chrysler and GM executive Bob Lutz.

Ruler on Ice Wins Belmont Stakes

Posted: 11 Jun 2011 04:37 PM PDT

Ruler On Ice posted a huge upset in the Belmont Stakes, taking the lead from Preakness winner Shackleford in the stretch and winning the final leg of the Triple Crown.

Israel's Stanley Fischer Announces IMF Bid

Posted: 11 Jun 2011 07:17 PM PDT

Israeli central banker Stanley Fischer announced a formal bid to head the International Monetary Fund, positioning himself as a dark horse candidate to replace former IMF head Strauss-Kahn.

IMF Hit by Cyber Attack

Posted: 11 Jun 2011 02:52 PM PDT

The International Monetary Fund is investigating a recent cyber attack that hit its network, the latest in a series of high-profile hacking incidents against major corporations and institutions.

Emails Show Palin's Surprise

Posted: 11 Jun 2011 02:47 PM PDT

Sarah Palin's transformation from governor to vice presidential nominee in 2008 was as much of a surprise to her as it was to the rest of the U.S., her email messages from the time show.

Rep. Weiner to Take Leave of Absence

Posted: 11 Jun 2011 01:57 PM PDT

Rep. Anthony Weiner, facing calls from a chorus of party leaders that he resign, announced he will take a "short leave of absence'' from Congress while he receives treatment in the wake of a "sexting" scandal.

Ford Ordered to Pay Some $2 Billion to Dealers

Posted: 11 Jun 2011 11:16 AM PDT

Ford must pay almost $2 billion in damages to thousands of dealers after a judge upheld a jury verdict against the auto maker earlier this year.

Job Picture to Test Obama in Key States

Posted: 11 Jun 2011 11:08 AM PDT

High joblessness, already a problem for Obama as he seeks re-election, is shaping up to be a particular burden in key swing states where the unemployment rate is above average.

Salafi Islamists Stir Strife in Egypt

Posted: 11 Jun 2011 05:45 AM PDT

Egypt's Salafi Islamists have begun flexing their muscles in the political arena. Salafi militants also have blocked roads, burned churches and attacked members of the Christian Coptic minority.

Suspect in Embassy Bombings Is Killed

Posted: 11 Jun 2011 01:08 PM PDT

The al Qaeda operative behind the 1998 U.S. Embassy bombings in Kenya and Tanzania was killed in a shootout in Somalia. Fazul Abdullah Mohammed was on the FBI's most-wanted terrorist list.

Ireland Supports Germany's Debt Plan

Posted: 11 Jun 2011 09:32 AM PDT

Ireland supports "behind the scenes" efforts by the German government that is working toward some sort of soft restructuring of Greek debts, a senior Irish government minister said.

Stocks Swoon, Worry Rises

Posted: 10 Jun 2011 10:28 PM PDT

For all the drama of Friday's stock market drop, the extent of the market's recent decline has been relatively mild. But if past investor behavior is a guide, the market could be in for a more severe decline.

Merkel: Crisis May Hurt Recovery

Posted: 11 Jun 2011 08:23 AM PDT

German Chancellor Angela Merkel said the country's economy is likely to grow 3% this year, but the euro-zone debt crisis could endanger the recovery "if we don't act in the right way."

Acer Security Breached in Europe

Posted: 11 Jun 2011 04:29 AM PDT

Taiwanese personal computer maker Acer said it and the police are investigating a security breach, discovered Thursday, that affected customers at its Packard Bell unit in Europe that was discovered Thursday