"Wallstreet" Reader

"Wallstreet" Reader


Japan's Industrial Output Posts Fall

Posted: 29 Jul 2012 07:54 PM PDT

Japanese industrial output fell unexpectedly in June from a month earlier, suggesting that the nation's export-driven recovery may be losing momentum due to weak demand abroad.


Asian Markets Rise

Posted: 29 Jul 2012 06:37 PM PDT

Asian markets rose on Monday as European leaders continued to offer reassurance that action will be taken to tackle the region's debt crisis.


ADM, Others Feel Drought's Effects

Posted: 29 Jul 2012 05:18 PM PDT

Companies such as grain exporter and ethanol producer Archer Daniels Midland are feeling the repercussions of the drought. ADM reports earnings on Tuesday. The Week Ahead column.

Prosecutors Ask to Meet Avon's Jung

Posted: 29 Jul 2012 07:55 PM PDT

Federal prosecutors looking into possible bribery of foreign officials by Avon Products have asked to speak to Andrea Jung, the former CEO and current chairman. Ms. Jung hasn't been accused of any wrongdoing.


Federal Spending Cutbacks Slow Recovery

Posted: 29 Jul 2012 04:11 PM PDT

Falling military spending and the end of federal stimulus programs are further slowing the already weak U.S. economic recovery.

New York Lender Files Libor Lawsuit

Posted: 29 Jul 2012 05:01 PM PDT

A New York lender alleges in a lawsuit that it was cheated out of interest income because rates on loans tied to Libor were "artificially" depressed.

Court Backs Crackdown on Drug Officials

Posted: 29 Jul 2012 04:19 PM PDT

A federal appeals court backed the Obama administration's drive to levy greater punishments on pharmaceutical executives tied to corporate wrongdoing.

Bank Breakups: Not So Fast

Posted: 29 Jul 2012 07:41 PM PDT

Long before Sanford Weill suggested last week that big banks should split up, Bank of America executives and directors considered the idea and then decided against it.


Samsung Case Is Proxy for Google

Posted: 29 Jul 2012 07:49 PM PDT

The trial pitting Apple against Samsung that kicks off Monday in federal court in California could help bolster or refute Apple's contention that Google's operating system illegally copies software features of its own devices.


Drier Weather Hurts Prices of Sugar Cane

Posted: 29 Jul 2012 03:51 PM PDT

Raw-sugar futures fell 5.9% last week, as production picked up in top sugar-producer Brazil on the heels of unseasonable rains.

Dollar's Strength Eats Into Corporate Bottom Line

Posted: 29 Jul 2012 04:32 PM PDT

The strong dollar is giving U.S. companies' profits a beating.

Markets Regain Footing, Not Faith

Posted: 29 Jul 2012 07:36 PM PDT

A year after the debt-ceiling crisis, markets have rebounded, making the bleak forecasts at the time seem overblown. But a loss of faith in policymakers endures.


Samsung, Apple Face Off in Court

Posted: 29 Jul 2012 03:34 PM PDT

As Samsung Electronics goes to court this week with Apple over product-copying allegations in the biggest market, the U.S., both companies' latest quarterly results make clear what's financially at stake.


'Dark Knight' Still Tops Box Office

Posted: 29 Jul 2012 02:57 PM PDT

Audiences continued to line up for "The Dark Knight Rises," even as the North American box office slowed amid competition from summer Olympics coverage and the aftermath of the recent shootings in Aurora, Colo.

GM Ousts Marketing Chief

Posted: 29 Jul 2012 07:54 PM PDT

General Motors' tumult deepened on Sunday when the auto maker ousted its global marketing chief, Joel Ewanick.


Ireland Still Needs Euro Deal

Posted: 29 Jul 2012 02:42 PM PDT

Ireland will need some sort of euro-zone deal to relieve its huge banking debts for it to make further progress toward securing a permanent return to capital markets, the head of the National Treasury Management Agency, the country's debt office, said Sunday.


Asian Beer Industry Brews Changes

Posted: 29 Jul 2012 07:08 PM PDT

The burgeoning beer industry in Asia is likely to undergo significant changes this week, when a decision is expected to be made regarding Heineken's $4.1 billion bid for one of the region's prized assets.


Next Stop for 10-Year Treasurys: 1.25% Yield?

Posted: 29 Jul 2012 07:24 AM PDT

Investors have learned to never underestimate the power of fear-driven buying.

Dreamliner Engine Issue Probed

Posted: 29 Jul 2012 03:04 PM PDT

The National Transportation Safety Board is investigating an "engine issue" on a Boeing 787 Dreamliner, the company said, following an incident at Charleston International Airport during a preflight test.