"Wallstreet" Reader |
- Japan Industrial Output Falls
- Asian Shares Up
- A Marlboro Vaccine? Maybe for China
- Supervalu May Be Just That
- Investors Play Lehman Claims Game
- Taylor Swift Album Fast Out of the Gate
- Apple's Forstall Refused to Apologize
- India Lays Out Deficit Targets
- Fund Offers Bets on Top Trades
- U.S. Comptroller Warns on Banks' Loss Reserves
- Baidu's Profit Rises 60%
- Gasoline Futures Jump as Refineries Scale Back
- Canada Lowers Growth Forecast
- Spain's Bad Bank to Buy Up Assets
- France Issues Ultimatum to Google
- SEC Postpones Ruling on Nasdaq's Facebook Plan
- PayPal Cuts 2.5% of Staff
- Canada Cuts 2013 Growth Forecast
- Google Unveils Nexus 10 $399 Tablet
- PG&E Seeks Settlement Tied to Blast
| Posted: 29 Oct 2012 06:38 PM PDT Japanese industrial production fell an unexpectedly large 4.1% in September from a month earlier, a sign that Japan's economy may be losing more steam than expected.       |
| Posted: 29 Oct 2012 07:48 PM PDT Asian markets were mostly higher, with the Japanese market rising before the outcome of the Bank of Japan's policy meeting. The Nikkei adds 0.4%.     |
| A Marlboro Vaccine? Maybe for China Posted: 29 Oct 2012 05:01 PM PDT Philip Morris is trying to raise its profile in China by moving beyond simple smokes, developing both a flu vaccine and less-harmful cigarettes.     |
| Posted: 29 Oct 2012 08:00 PM PDT Supermarket owner Supervalu is buried in debt, losing money and struggling to compete in most markets. To Cerberus Capital, that is a tantalizing combination worth a possible $5 billion-plus bid.     |
| Investors Play Lehman Claims Game Posted: 29 Oct 2012 04:16 PM PDT When Lehman Brothers collapsed in 2008, hedge funds and companies with accounts at its London subsidiary lost access to billions of dollars of cash, assets and pending trades. Now, Wall Street is betting they will be made whole–and then some.     |
| Taylor Swift Album Fast Out of the Gate Posted: 29 Oct 2012 08:04 PM PDT Taylor Swift's Red,' released last Monday, is on track to sell more than one million copies in its first week in U.S. stores—the first album to do so since Ms. Swift's "Speak Now" album came out in 2010.     |
| Apple's Forstall Refused to Apologize Posted: 29 Oct 2012 08:22 PM PDT Apple executive Scott Forstall was asked to leave the company after he refused to sign his name to a letter apologizing for shortcomings in Apple's new mapping service.     |
| India Lays Out Deficit Targets Posted: 29 Oct 2012 06:14 PM PDT India laid out a roadmap for putting its fiscal house in order, stressing the need to control expenses and generate more revenue.     |
| Fund Offers Bets on Top Trades Posted: 29 Oct 2012 03:00 PM PDT Maverick Capital has launched a new fund that places concentrated bets on the firm's best stock trades, a step that reflects the hedge-fund industry's push to juice returns that have lagged behind the market and disappointed investors.     |
| U.S. Comptroller Warns on Banks' Loss Reserves Posted: 29 Oct 2012 02:33 PM PDT The U.S. could stop banks from boosting their earnings by cutting back on reserves held against future loan losses, a top bank regulator said Monday, arguing that the economy remains too rocky for financial institutions to lower their cushions.     |
| Posted: 29 Oct 2012 08:24 PM PDT Ba(idu said its third-quarter profit rose nearly 60% as the Chinese Internet search giant continued to enjoy local dominance and reap increasing amounts of advertising revenue.     |
| Gasoline Futures Jump as Refineries Scale Back Posted: 29 Oct 2012 01:42 PM PDT Gasoline futures soared as much as 4.2% during trading Monday as several East Coast oil refineries shut down or reduced operations because of Hurricane Sandy.     |
| Posted: 29 Oct 2012 03:28 PM PDT The Canadian government cut its economic-growth forecast, citing weakness in the global economy and lower commodity prices, underscoring the country's dependence on resources as other economic headwinds build.     |
| Spain's Bad Bank to Buy Up Assets Posted: 29 Oct 2012 02:25 PM PDT Spain's so-called bad bank will buy billions of euros worth of distressed loans and foreclosed property from commercial lenders for around half the book value.     |
| France Issues Ultimatum to Google Posted: 29 Oct 2012 06:23 PM PDT France will consider adopting legislation that would force Google to pay for the right to cite news articles online if the company fails to settle a dispute with French news publishers over how to share revenue, the office of France's President François Hollande said.     |
| SEC Postpones Ruling on Nasdaq's Facebook Plan Posted: 29 Oct 2012 01:27 PM PDT U.S. regulators are taking more time to decide whether to approve Nasdaq's plan to make up losses for firms damaged in this past May's botched Facebook IPO.     |
| Posted: 29 Oct 2012 12:10 PM PDT EBay's PayPal payments business has laid off 325 employees, and is ending contracts with another 120 contractors as it revamps its product development efforts.     |
| Canada Cuts 2013 Growth Forecast Posted: 29 Oct 2012 08:59 AM PDT The Canadian government downgraded its growth forecast for next year due to renewed weakness in the global economy and lower commodity prices.     |
| Google Unveils Nexus 10 $399 Tablet Posted: 29 Oct 2012 02:09 PM PDT Google unveiled a new $399 tablet made by Samsung, as the Internet giant continues its quest to crack Apple's grjp on the tablet market and keep other rivals at bay.
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| PG&E Seeks Settlement Tied to Blast Posted: 29 Oct 2012 07:20 PM PDT PG&E wants to settle allegations stemming from a deadly 2010 gas line explosion near San Francisco, executives said Monday, as the utility holding company posted improved quarterly earnings.     |
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