"Wallstreet" Reader

"Wallstreet" Reader

Industrial Output Falls in Japan

Posted: 30 Aug 2012 07:20 PM PDT

Japanese industrial production unexpectedly fell 1.2% in July from a month earlier, in a sign that Japan's export-dependent economy may be stalling amid a slowdown overseas.

Asian Shares Mixed Before Bernanke Speaks

Posted: 30 Aug 2012 07:09 PM PDT

Asian markets were mixed early Friday, ahead of Federal Reserve Chairman Ben Bernanke's speech at Jackson Hole later in the day, while Japanese stocks softened after the release of weak industrial output data.

J.P. Morgan Rankled by Risk

Posted: 30 Aug 2012 07:08 PM PDT

J.P. Morgan Chase is reviewing its dealings with dozens of brokerages that use the bank to settle trades in an effort to reduce its risks.

Bernanke's Dilemma Over Legacy

Posted: 30 Aug 2012 06:18 PM PDT

When Fed Chairman Ben Bernanke speaks at the central bank's annual retreat in Jackson Hole, Wyo., he must once again address whether there is more the Fed can do to get the economy going.

Corporate Probation: Punishing Or Punting?

Posted: 30 Aug 2012 04:37 PM PDT

U.S. tactic of settling investigations without indicting companies is popular, but controversial.

Apple Patent Fight: Google in Cross Hairs

Posted: 30 Aug 2012 06:31 PM PDT

Apple is flexing its legal muscle more squarely at Google in another patent fight against Samsung Electronics.

Judgment Days Arrive for Euro Crisis

Posted: 30 Aug 2012 07:34 PM PDT

European policy makers and financial markets face showdowns this autumn in key euro-zone battlegrounds.

Stanford Officials Face Civil Charges

Posted: 30 Aug 2012 07:34 PM PDT

The SEC is set to charge former executives of convicted swindler R. Allen Stanford's financial empire with civil securities violations.

Asian Airlines Lose Share

Posted: 30 Aug 2012 01:58 PM PDT

Asian airlines suffered a sequential drop in monthly traffic during July as European carriers gained share.

JAL Sets Tentative IPO Price Range

Posted: 30 Aug 2012 04:08 PM PDT

Japan Airlines is seeking up to $8.4 billion from its IPO in September, in what would be the second-biggest global offering this year after Facebook's megadeal.

Barilla Makes U.S. Pasta Push

Posted: 30 Aug 2012 03:48 PM PDT

Barilla, the Italian food company, is shifting its focus back to pasta, with plans to expand globally and open a chain of restaurants in the U.S.

MTV Cancels 'Jersey Shore'

Posted: 30 Aug 2012 02:30 PM PDT

MTV is cancelling reality show "Jersey Shore" after its sixth season airs this fall, the network said, ending one of the most popular shows to have aired on the Viacom Inc.-owned cable channel.

Delaware Arbitration Process Overturned

Posted: 30 Aug 2012 05:51 PM PDT

A federal judge said having Delaware Chancery Court judges preside over secret arbitrations was unconstitutional.

Union: Talks Stall With ArcelorMittal

Posted: 30 Aug 2012 06:15 PM PDT

The United Steelworkers union says it is close to a new four-year labor pact with U.S. Steel but that talks with ArcelorMittal have stalled, prompting both sides to prepare for a strike if a resolution or extension isn't reached.

Japanese Yen For 'Samurai' Bonds

Posted: 30 Aug 2012 03:55 PM PDT

Japanese investors are showing greater appetite for yen-denominated bonds from a broader range of Asian issuers, as the lure of higher returns trumps bad memories from the financial crisis.

U.S. Airlines Falter Ahead of September

Posted: 30 Aug 2012 01:41 PM PDT

U.S. airlines' solid, if unspectacular, financial performance in 2012 appears to be faltering just as carriers head into September, typically one of their weakest months of the year.

A Win for J.C. Penney in Macy's Dispute

Posted: 30 Aug 2012 03:44 PM PDT

A New York State Court judge declined to issue a ruling that would have curtailed J.C. Penney's ability to sell Martha Stewart products in its stores.

Qatar to Oppose Glencore-Xstrata Deal

Posted: 30 Aug 2012 05:19 PM PDT

Glencore's attempt to form the world's fourth-largest mining conglomerate by acquiring Xstrata edged closer to collapse after sovereign wealth fund Qatar Holding said it would vote against a deal at the current offer price.

New Twist Marks Sharp Deal Talks

Posted: 30 Aug 2012 05:34 PM PDT

Hon Hai Chairman Terry Gou didn't attend an event in Japan Wednesday to discuss a partnership between his Taiwan contract manufacturer and Sharp.

AMR Pilot Union Chief Still Wants New Accord

Posted: 30 Aug 2012 11:54 AM PDT

The new head of AMR's pilots union still wants consensual agreement on a new labor pact even though members rejected the airline's 'last, best offer.'