"Wallstreet" Reader

"Wallstreet" Reader

Apple Victory Shifts Power Balance

Posted: 26 Aug 2012 08:02 PM PDT

Apple's court victory over Samsung cements its dominance of the wireless industry and could force carriers, and even Google, to re-evaluate their product plans.


Stimulus Hopes Lift Asian Stocks

Posted: 26 Aug 2012 06:48 PM PDT

Asian markets were mostly higher as expectations remained for more stimulus efforts by global central banks, while Samsung shares fell following a U.S. court ruling. The Nikkei was up 0.7%.

Bain-Owned Firm to File for Protection

Posted: 26 Aug 2012 06:16 PM PDT

Contec Holdings, a cable-box repair company owned by Bain Capital, is preparing to file for bankruptcy protection as soon as this week, said people familiar with the matter.

Health Care Shift Raises Cost

Posted: 26 Aug 2012 06:30 PM PDT

A structural shift sweeping U.S. health care—hospitals acquiring physicians' practices—is leading to sharply higher fees as the new owners levy outpatient and other costs often for no change in services.

Tire Importer Sues U.S. on Retroactive Tariff

Posted: 26 Aug 2012 05:37 PM PDT

A U.S. tire importer whose case is backed by the Chinese government is challenging a law that Congress enacted that retroactively applied tariffs on Chinese off-road tires sold in the U.S.

UniCredit Faces Inquiry on Iran

Posted: 26 Aug 2012 06:00 PM PDT

U.S. authorities are investigating Italian bank UniCredit over possible violations of trade sanctions on Iran.

Viacom Loads More Ads On Channels

Posted: 26 Aug 2012 05:46 PM PDT

With fewer people tuning into some of Viacom's cable channels over the past year, the company has turned to a timeworn method of maintaining ad revenue: adding more commercials.

Hertz Nears Deal for Car-Rental Rival

Posted: 26 Aug 2012 06:50 PM PDT

Hertz's move to buy Dollar Thrifty Automotive Group would cap more than a decade of consolidation in the U.S. rental-car industry, bringing the number of major players to three from nine.

Will the Fed Act Again? Sizing Up Potential Costs

Posted: 26 Aug 2012 04:39 PM PDT

The Outlook: Federal Reserve Chairman Ben Bernanke delivers what could be his closing argument in ongoing deliberations about launching a new bond-buying program when he speaks Friday.

U.S. Crop Tour Draws Global Crowd

Posted: 26 Aug 2012 07:16 PM PDT

Grains traders from far-flung places such as Singapore and Rio de Janeiro are drawn to U.S. crop tours by the increasingly high stakes of agricultural commodities and the chance to gain intelligence that could give them an edge on competitors

JAL Offering Aims 'Small'

Posted: 26 Aug 2012 07:19 PM PDT

The main underwriter of Japan Airlines' $8.5 billion IPO is sending young salespeople to find prospective buyers in places ranging from doctors' offices to schools.

Market Lets Traders Unplug

Posted: 26 Aug 2012 04:48 PM PDT

The U.S. stock market remained calm in August for the first time in years. The Dow is up 1.1%, versus a 6.8% drop a year earlier, allowing traders, analysts and money managers to truly unplug.

Europe Bank Weighs Bond Strategy

Posted: 26 Aug 2012 06:09 PM PDT

ECB officials are considering informal, flexible yield objectives for shorter-maturity bond yields of Spain and other at-risk countries, according to a person familiar with the matter.

Suzuki Has No Plans to Leave India

Posted: 26 Aug 2012 04:40 PM PDT

Suzuki executives affirmed the Japanese auto maker's commitment to India despite the ransacking of a factory last month that killed a manager and injured 100 other people.

Martha Stewart at a Crossroads

Posted: 24 Aug 2012 08:41 PM PDT

After long dominating the lifestyle category with her brand of aesthetic opulence, Martha Stewart has struggled to keep up with the business as it evolves; with a new executive team, she is looking to recover her company's momentum.

Bernanke Speech Holds Key to Dollar Trade

Posted: 26 Aug 2012 11:59 AM PDT

As traders await a speech by Federal Reserve Chairman Ben Bernanke on Friday, expectations are building that the Fed will ease policy further in the coming months and the dollar will fall.

CCB's Profit Rises 15%

Posted: 26 Aug 2012 07:08 AM PDT

China Construction Bank's first-half net profit rose 15% from a year earlier, but a rising number of overdue loans raises questions about its asset quality and future profitability.

China Construction Bank: Vice President Zhu Resigns

Posted: 26 Aug 2012 06:29 AM PDT

China Construction Bank said its executive vice president and executive director, Zhu Xiaohuang, has resigned. Caixin magazine reported this month that Mr. Zhu will soon be named president of China Citic Bank.

This Man Wants to Clothe the Planet

Posted: 26 Aug 2012 06:01 AM PDT

Tadashi Yanai's ambitious expansion plans would transform Uniqlo into a globally dominant brand. Meet the Japanese mogul who intends to beat Gap at its own game.

Rising Bills in St. Jude Recall

Posted: 26 Aug 2012 04:34 PM PDT

Patients could face thousands of dollars of out-of-pocket expenses to replace a recalled heart-device from St. Jude Medical.