"Wallstreet" Reader

"Wallstreet" Reader

Hackers Target Apple In Latest Attack

Posted: 03 Jul 2011 06:12 PM PDT

A group of computer hackers posted a document it claimed contains usernames and passwords for an Apple server, the latest in a string of attacks that have compromised government and corporate websites around the world.

Syria Braces for Renewed Crackdown

Posted: 03 Jul 2011 11:34 AM PDT

Syrian protesters braced for a resurgence in violence as a growing and better-organized antigovernment movement rejected new overtures from authorities that included a planned national dialogue at the start of next week.

Strauss-Kahn's Party Opens Door to Return

Posted: 03 Jul 2011 03:38 PM PDT

Leading French Socialists said their party should give Dominique Strauss-Kahn a chance to compete in next year's presidential election after serious holes appeared in the sexual-assault case against the former IMF chief.

Nestlé Holds Talks to Buy Big Chinese Candy Maker

Posted: 03 Jul 2011 01:25 PM PDT

Nestle is in talks to buy Chinese candy maker Hsu Fu Chi in what would be one of the biggest foreign takeovers of a Chinese company. Hsu Fu has a market value of $2.6 billion.

Exxon Says Leak Mainly Confined to 10-Mile Area

Posted: 03 Jul 2011 11:21 AM PDT

Most of the oil pollution stemming from a leak at an Exxon pipeline is concentrated in a 10-mile area of the Yellowstone River near Billings, Mont., a company executive said.

Greece Awaits Further Rescue

Posted: 03 Jul 2011 02:18 PM PDT

Euro-zone finance ministers signed off on a new slice of bailout money for Greece, avoiding a financial meltdown this month, but left themselves with a heavy task ahead to work out details for a new rescue package for the country.

Spain Picks Banks to Coordinate Loterías IPO

Posted: 03 Jul 2011 09:16 AM PDT

Spain's Finance Ministry has picked four investment banks to coordinate the blockbuster privatization of Spain's lottery company, people familiar with the situation said.

Euro Poised to Gain But Greece Is the Wild Card

Posted: 03 Jul 2011 06:29 AM PDT

With worries about Greece subsiding, investors may turn their attention to economic data that could buoy the common currency.

Former Thai Leader's Party Wins Election

Posted: 03 Jul 2011 01:38 PM PDT

Thailand will have its first-ever woman prime minister after ousted leader Thaksin Shinawatra's sister won decisively Sunday in a poll that challenges the military's political dominance.

Rescuers Rush to Reach Trapped Chinese Miners

Posted: 03 Jul 2011 01:25 AM PDT

A buildup of volatile gas hampered rescue efforts in one Chinese coal mine and water continued to pour into another as emergency crews raced to reach 42 miners and others trapped Sunday for a second day, officials and state media reports said.

Samsung Sees Tough Second Half for Components

Posted: 03 Jul 2011 05:01 AM PDT

The head of Samsung's newly merged memory-chip and flat-panel-display businesses said the second half of the year—usually the industry's stronger season—will be more difficult than the first.