"Wallstreet" Reader

"Wallstreet" Reader

Balancing the Give and Take in GM's Chinese Partnership

Posted: 19 Aug 2012 07:31 PM PDT

The next generations of GM's Cadillacs will have softer corners, dashboards with more gadgetry and plusher rear seats. The redesign speaks to the growing influence of the auto maker's Chinese partner, SAIC Motor Corp., on GM's global strategy.


Asian Markets Mixed

Posted: 19 Aug 2012 07:56 PM PDT

Asian markets were mixed early Monday, with Japanese stocks helped by a weaker yen and Australia down as several major stocks traded ex-dividend, which deters their appeal. The Nikkei was up 0.5%.


Jury's Turn in Apple-Samsung Trial

Posted: 19 Aug 2012 07:45 PM PDT

A federal court jury this week is set to begin tackling a question that has consumed the mobile-device market: Did Samsung rip off features of Apple's iPhone and iPad?


Belize to Skip Payment If Lenders Don't Relent

Posted: 19 Aug 2012 05:41 PM PDT

Belize, a Central American nation with an economy the size of Pine Bluff, Ark., is running out of money to pay its debts. But the tiny country is playing hardball with its lenders.


The Plot Thickens for AMC As Blackout Crimps Growth

Posted: 19 Aug 2012 04:58 PM PDT

The Dish Network blackout has cast a cloud over AMC Networks' growth prospects, coming a year after the company was spun out of Cablevision as a stand-alone company.

Novartis Fights India For Cancer Pill Patent

Posted: 19 Aug 2012 07:14 PM PDT

Novartis goes before India's Supreme Court this week to seek patent production for a key cancer drug in a case that could deliver far-reaching ramifications for pharmaceutical companies operating here.

Asia's Shopping Passion Cools

Posted: 19 Aug 2012 06:19 PM PDT

Asian consumers have kept their countries' economies humming while exports to Europe and the U.S. have been a drag. Now there are signs consumer spending also is ticking down.

CME to Launch European Exchange

Posted: 19 Aug 2012 05:34 PM PDT

The Chicago Mercantile Exchange Group plans to establish a European derivatives exchange and will submit its license application to the U.K.'s Financial Services Authority "within days."

GM Nears Pact to Cut Hours at German Plants

Posted: 19 Aug 2012 04:52 PM PDT

General Motors is close to reaching an agreement with labor representatives to shorten the workdays at some of its German plants, a move aimed at helping the auto maker stem the financial losses in its European operations.

Epic Stock Rally Finding Few Fans

Posted: 19 Aug 2012 05:21 PM PDT

U.S. stocks are near their highest level in almost five years. But market participants are skeptical, pointing to economic clouds and doubts about whether expectations for fresh monetary stimulus.

'Expendables 2' Takes No. 1 Spot at the Box Office

Posted: 19 Aug 2012 04:51 PM PDT

The Hollywood box-office saw some brawny action this weekend, as the ensemble film "The Expendables 2," starring a collection of throwback muscle men, took the top spot among several new films jostling for attention at theaters.

Shell Races the Arctic Ice

Posted: 19 Aug 2012 04:51 PM PDT

Shell's $4.5 billion plan to start drilling the first oil wells in U.S. Arctic waters in 20 years, isn't going as hoped—illustrating the challenge of plumbing for natural riches in one of the world's most unforgiving locations.

IPO Pricing Got Tougher Over Summer

Posted: 19 Aug 2012 06:02 PM PDT

The end of the summer was a mixed bag for the U.S. IPO market, with deal flow improving but new stock pricing becoming tougher.

Spain Seeks ECB Commitment

Posted: 19 Aug 2012 05:24 PM PDT

Spain would like to see the ECB commit to massive, open-ended sovereign-debt purchases before it asks for help financing itself, as expectations mount that the country will ask for a new bailout.

Back to School Holds Promise for Retailers

Posted: 19 Aug 2012 05:44 PM PDT

Ahead of the Tape: There are signs that the back-to-school season, the second- most important of the year for retailers, may end up firmer than expected.

American's Flight Attendants Accept AMR Contract

Posted: 19 Aug 2012 06:25 PM PDT

American Airlines flight attendants ratified a contract offer from the airline, sparing them from the more drastic terms American had wanted to impose in bankruptcy court in the absence of a consensual agreement.

Dutch Far-Left Leader Warns on Cuts

Posted: 19 Aug 2012 05:20 PM PDT

The front-runner ahead of the Dutch general elections warned that a single-minded focus on austerity is crippling the country's economy and could unravel the euro zone.

Cartel Pushes Up Price of Rubber

Posted: 19 Aug 2012 06:00 PM PDT

The weak global economy has driven down prices for everything from copper to coal, and now the cartel that controls most of the world's production of rubber is fighting back.