"Wallstreet" Reader

"Wallstreet" Reader

Google Objects to Acer-Alibaba Phone

Posted: 14 Sep 2012 07:29 PM PDT

Google objected to Taiwanese PC maker Acer's development of a smartphone that is powered by a rival mobile operating system, the launch of which was delayed this week.

Head of Fox Film Unit to Step Down

Posted: 14 Sep 2012 05:24 PM PDT

The co-chairman and co-chief executive of News Corp.'s Fox Filmed Entertainment, Tom Rothman, will step down at the end of the year.

Spain Tests Waters on Aid Conditions

Posted: 14 Sep 2012 06:42 PM PDT

Spain has begun exploratory talks with European authorities over conditions that would be necessary for it to secure a line of credit from euro-zone bailout funds, European officials said.

Apple iPhone 5 Preorders Suggest Strong Demand

Posted: 14 Sep 2012 07:02 PM PDT

Apple appeared to have sold out of its initial inventory of the iPhone 5 just an hour after it began accepting preorders Friday, suggesting strong consumer interest.

Hostess Union Rejects Labor Deal

Posted: 14 Sep 2012 04:17 PM PDT

Hostess Brands second-largest union voted to reject a revamped labor deal, sending the company back to the drawing board as it scrambles to find a way out of bankruptcy.

Watchdog Calls for GE Engine Inspections

Posted: 14 Sep 2012 04:22 PM PDT

Federal safety watchdogs called for stringent repetitive inspections of GE engines used on Boeing's 787 and newest 747 jets citing a threat of multiple engine failures.

Prescription-Drug Wars Begin

Posted: 14 Sep 2012 04:09 PM PDT

Now that their spat is resolved, Express Scripts members can go back to Walgreen as of Saturday. The big question for the Deerfield, Ill., pharmacy chain and its rivals is, will they?

Would a BAE-EADS Merger Push Rival Deals?

Posted: 14 Sep 2012 03:50 PM PDT

The proposed merger of Airbus parent EADS and Britain's BAE to create a global titan could prompt rivals to strike deals that they have long debated but failed to complete.

Carbon Trading Heating Up

Posted: 14 Sep 2012 05:19 PM PDT

After a series of false starts, the market for trading carbon-emission credits is showing new signs of life in California.

Apple Wins ITC Ruling Over Samsung

Posted: 14 Sep 2012 01:44 PM PDT

Apple won a legal victory against Samsung on Friday when a trade commission said the iPhone maker had not violated the Korean tech giant's patents.

Nissan's Ghosn Battles Cross-Currents

Posted: 14 Sep 2012 07:34 PM PDT

Carlos Ghosn, chief executive of Nissan Motor and Renault, predicted a long-term slump in European sales and said the strong yen would lead to more auto production leaving Japan.

U.S. Firms Have Taste for Foreign Borrowing

Posted: 14 Sep 2012 05:33 PM PDT

Highly rated U.S. companies are increasingly borrowing in euro and sterling, taking advantage of the relative calm in Europe.

YPF, Chevron Sign Working Agreement

Posted: 14 Sep 2012 01:34 PM PDT

Argentina's state-run YPF and Chevron have signed a memorandum of understanding to explore for unconventional energy in the South American nation.

Kodak's Patent Auction Falters

Posted: 14 Sep 2012 04:00 PM PDT

Eastman Kodak said a crucial patent auction may fail, as the company encounters difficulties reaching a deal with a wide-ranging group of prospective buyers.

Judge Approves E-Book Price-Fixing Settlement

Posted: 14 Sep 2012 03:41 PM PDT

A U.S. judge approved an antitrust agreement with dozens of states in which consumers will receive more than $69 million from book publishers to settle allegations of price-fixing of e-books.

Housing's Hurdles Limit Fed's Help

Posted: 14 Sep 2012 12:52 PM PDT

The Fed's new effort to lower mortgage rates is aimed at boosting housing markets that are finally showing signs of life, but the help could be limited by tight credit standards and a shrunken mortgage industry.


Federal Agents Move Against Walgreen Facility

Posted: 14 Sep 2012 04:20 PM PDT

Federal agents shut down shipments of controlled substances at a Florida distribution center of Walgreen. The move is part of a broader government crackdown on diversion of pain medications.

NYSE Is Fined in Data Probe

Posted: 14 Sep 2012 06:18 PM PDT

NYSE Euronext agreed to pay $5 million to settle SEC allegations that it gave some customers an improper jump on trading information.

Amid Chaos, Extremists Spur Violence

Posted: 14 Sep 2012 04:40 PM PDT

Many of the protests that spread across the Muslim world, with violent mobs targeting diplomatic compounds of the U.S. and its allies started out as relatively small but rapidly grew out of control when groups of extremists riled up the crowd


Portugal Corporate-Bond Sale Sees Strong Demand

Posted: 14 Sep 2012 11:35 AM PDT

Portuguese utility Energias de Portugal received strong demand for its bond offering Friday, in a deal suggesting renewed investor interest in the country.