"Wallstreet" Reader |
- Warner Music's Lyor Cohen to Resign
- Property Slump Reshapes List of China's Richest
- Bumi Probes Indonesia Operation
- Asian Shares Mixed on Europe's Woes
- Delays Irk American Airlines Passengers
- Executive Pay Gets New Spin
- GE Wants to Double Mining Business
- State of Europe's Banks: Safe and Stressed
- Nordic Banks Gain New Status: Haven
- Toys 'R' Us Sued Over Kid-Targeted Tablet
- Key Galleon Witness Gets Probation
- Riot Highlights Squeeze on China Factories
- Corporate-Bond Sales Heat Up
- Gensler Calls for Libor Replacement
- Mistake Mars Peregrine Drug Study
- United Takes Delivery of First Dreamliner
- Russia Proposes Oil Export Tax Cuts
- Monti Downplays Sovereignty Risk
- New iPhone Sales Top 5 Million
- Singapore Eyes How Banks Set Currency Reference Rates
| Warner Music's Lyor Cohen to Resign Posted: 24 Sep 2012 06:53 PM PDT Warner Music said its recorded music chairman and chief executive, Lyor Cohen, will resign after more than eight years at the company.
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| Property Slump Reshapes List of China's Richest Posted: 24 Sep 2012 06:12 PM PDT Many of China's richest citizens have seen their wealth shrink this year amid slowing growth and a weakening property market that has shifted wealth patterns in the world's second-largest economy.
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| Bumi Probes Indonesia Operation Posted: 24 Sep 2012 07:20 PM PDT Coal producer Bumi said it commissioned an independent investigation into allegations concerning potential financial and other irregularities at its Indonesian operations, putting further strain on the London-listed company.
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| Asian Shares Mixed on Europe's Woes Posted: 24 Sep 2012 07:59 PM PDT Asian markets were mixed in cautious trade Tuesday as European concerns reemerged, while a stronger yen pressured Japanese exporters. The Nikkei added 0.2%.
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| Delays Irk American Airlines Passengers Posted: 24 Sep 2012 05:27 PM PDT American Airlines and its passengers are struggling with a rise in late and canceled flights spurred by pilot-initiated maintenance requests and a shortage of crew members amid a labor dispute.     |
| Posted: 24 Sep 2012 06:07 PM PDT A growing number of companies are producing alternative measures of their top executives' pay, seeking to persuade investors that compensation isn't as high as the government's yardstick implies.     |
| GE Wants to Double Mining Business Posted: 24 Sep 2012 07:17 PM PDT A GE executive said the company wants to boost its mining business to $5 billion in revenue by 2016.     |
| State of Europe's Banks: Safe and Stressed Posted: 24 Sep 2012 07:19 PM PDT As Europe races to restore confidence in Spain's finances and the euro, Germany has another reason for urgency in resolving the crisis—the health of its own banks.     |
| Nordic Banks Gain New Status: Haven Posted: 24 Sep 2012 07:05 PM PDT Banks in Norway and Sweden are profiting from people wanting to pull cash out of troubled banks in Southern Europe. Their newfound popularity is a welcome shift for institutions that two decades ago were rocked by their own banking collapse.     |
| Toys 'R' Us Sued Over Kid-Targeted Tablet Posted: 24 Sep 2012 04:04 PM PDT A child-focused software developer on Monday accused Toys "R" Us of stealing its strategy for selling an Android-powered computer tablet for kids.     |
| Key Galleon Witness Gets Probation Posted: 24 Sep 2012 04:04 PM PDT Rajiv Goel, who a prosecutor said helped "more than any other cooperator" in the government's case against Galleon's Raj Rajaratnam, avoided a prison sentence.     |
| Riot Highlights Squeeze on China Factories Posted: 24 Sep 2012 08:00 PM PDT A riot at a Hon Hai electronics factory left at least 40 people injured and sparked a response by thousands of police, highlighting the pressures on Chinese manufacturers.
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| Posted: 24 Sep 2012 03:48 PM PDT U.S. corporate-bond issuance has exceeded $100 billion for September, only the third time it has crossed that monthly threshold since at least 1995.     |
| Gensler Calls for Libor Replacement Posted: 24 Sep 2012 04:01 PM PDT The head of the CFTC told the European Parliament that a disconnect between Libor and other market indicators that measure borrowing costs signals that Libor may still be subject to manipulation.     |
| Mistake Mars Peregrine Drug Study Posted: 24 Sep 2012 10:54 AM PDT Peregrine Pharmaceuticals said previously released results from a mid-stage cancer-drug study aren't reliable because of a third-party error. Peregrine shares fell more than 75%.     |
| United Takes Delivery of First Dreamliner Posted: 24 Sep 2012 09:22 AM PDT United has taken delivery of the first of the 50 Boeing 787 Dreamliners it ordered, becoming the new jet's initial North American operator.     |
| Russia Proposes Oil Export Tax Cuts Posted: 24 Sep 2012 08:49 AM PDT The Russian government has proposed cutting the duty on crude exports from new oil fields in some remote regions, a potential boost for majors such as Rosneft and TNK-BP.     |
| Monti Downplays Sovereignty Risk Posted: 24 Sep 2012 09:08 AM PDT Italian Prime Minister Mario Monti said that his technocrat government's efforts since last November mean the risk of Italy "losing its sovereignty appears to be over."     |
| New iPhone Sales Top 5 Million Posted: 24 Sep 2012 07:21 PM PDT Apple said initial supplies of its new iPhone 5 sold out, achieving a first-weekend sales record but failing to meet demand for the hotly anticipated handset.     |
| Singapore Eyes How Banks Set Currency Reference Rates Posted: 24 Sep 2012 07:50 AM PDT The move by the Monetary Authority of Singapore opens a potential new front in a global inquiry into suspected attempts by banks to influence rates.     |
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