"Wallstreet" Reader

"Wallstreet" Reader

Google's YouTube to Fund Channels Abroad

Posted: 07 Oct 2012 08:02 PM PDT

YouTube expands the program to produce content for its video website as it seeks more ad dollars.


Europe Woes Weigh Asian Stocks

Posted: 07 Oct 2012 07:46 PM PDT

Asian shares fell as continued uncertainty over Europe's debt troubles outweighed Friday's positive U.S. jobs data. The Hang Seng was off 0.6%.


SpaceX Launches Cargo Flight

Posted: 07 Oct 2012 06:50 PM PDT

A private rocket and cargo spacecraft owned by Space Exploration Technologies blasted off from Florida on Sunday night as the company sought to begin regular commercial shipments to the international space station.

Banks Put GM's Woes in Rear-View Mirror

Posted: 07 Oct 2012 06:41 PM PDT

GM is back in the driver's seat on Wall Street. More than three years after the auto maker filed for bankruptcy protection, investment banks are jockeying for GM's business.

Investors Appear Deaf to Earnings Alarms

Posted: 07 Oct 2012 05:56 PM PDT

Investors and analysts right now agree on one thing: Earnings season is likely to be bad. The debate is how much stock investors should worry about the parade of gloomy news.

Zell Taps International Head

Posted: 07 Oct 2012 05:36 PM PDT

Real-estate tycoon Sam Zell is close to tapping the top executive at one of his residential-real-estate companies to replace the chief executive of Mr. Zell's international business.

Law Firms Wring Out Back-Office Costs

Posted: 07 Oct 2012 04:50 PM PDT

Big law firms saddled with pricey rents and high labor costs are increasingly hunting for savings in the back office.

Maersk Sets Sail for Growth

Posted: 07 Oct 2012 07:31 PM PDT

After a tough five years, the conglomerate which owns the world's largest container shipper is ready for expansion even while the global economy sags, says CEO Nils S. Andersen

U.S., Europe Pressed to Fix Fiscal Ills

Posted: 07 Oct 2012 04:11 PM PDT

The Outlook: The world's finance ministers gathering in Tokyo this week will ramp up pressure on U.S. and European officials to resolve two mounting threats to the global economy.

Hollande Faces Budget-Pact Test in France

Posted: 07 Oct 2012 02:51 PM PDT

France's National Assembly will put the authority of Socialist President François Hollande to the test on Tuesday when it votes on a European Union treaty aimed at tightening budget discipline across the euro zone.


Matt Damon Movie Gets Sparks in Energy Industry

Posted: 07 Oct 2012 01:50 PM PDT

The premiere of a Matt Damon film featuring hydraulic fracturing is months away, but the energy industry already is considering sending scientific studies to film reviewers, distributing leaflets to moviegoers and mounting a "truth-squad" effort on Twitter and Facebook.


Nations Deadlocked on EADS-BAE Deal

Posted: 07 Oct 2012 04:45 PM PDT

Government officials negotiating terms for the proposed merger of BAE and Airbus parent EADS remain deadlocked over key issues including state ownership stakes.

Qatar Telecom Holds 92% of Kuwait's Wataniya

Posted: 07 Oct 2012 03:36 PM PDT

Qatar Telecom increased to 92% its stake in Kuwait's National Mobile Telecommunications, spending about $1.8 billion.

'Taken 2' Takes Over Box Office

Posted: 07 Oct 2012 03:46 PM PDT

Moviegoers were taken with 'Taken 2,' as the action thriller sequel tallied $50 million in receipts over its opening weekend.

Hon Hai Cites More Plant Disputes

Posted: 07 Oct 2012 03:23 PM PDT

Hon Hai said two disputes occurred last week among its workers at a Chinese factory that makes Apple's iPhone, putting new scrutiny on Hon Hai's labor practices.

China's Luxury Market Shifts Upscale

Posted: 07 Oct 2012 06:16 PM PDT

As the appetite for luxury goods in China slows, the market's fastest growth is shifting to the ultrahigh-end of the market from luxury brands with mass appeal.

U.K.'s Cameron Sets Up Coalition Rift

Posted: 07 Oct 2012 06:14 PM PDT

David Cameron said the government will look at further welfare spending cuts and won't introduce a new property tax, comments that are likely to cause a rift in the U.K.'s governing coalition.

China Tech Giant Under Fire

Posted: 07 Oct 2012 07:48 PM PDT

China's Huawei poses a national-security threat and may have violated U.S. laws, a year-long investigation by the House intelligence committee has concluded.


Foxconn Confirms Two Disputes Between Employees

Posted: 07 Oct 2012 02:49 AM PDT

Foxconn Technology Group, a major Apple supplier, said two disputes between employees occurred at one of its China manufacturing plants this month.

Terror Suspects Appear in U.S. Courts

Posted: 06 Oct 2012 10:08 PM PDT

The radical imam Abu Hamza and four other terrorism suspects appeared in federal courts Saturday, hours after losing a long fight to avoid being extradited from the U.K.