"Wallstreet" Reader

"Wallstreet" Reader


Deadline Looms for Long-Term Unemployed

Posted: 25 Nov 2012 07:24 PM PST

More than 40% of the nearly five million Americans who receive unemployment insurance are set to lose those benefits if federal programs expire as scheduled at year-end.


Supply Fears Boost Cocoa Prices

Posted: 25 Nov 2012 04:18 PM PST

Cocoa futures jumped 4.9% last week—touching a one-month high—due to fears of shrinking supplies of the main ingredient for chocolate.

Early Holiday Sales Pay Off, for Now

Posted: 25 Nov 2012 07:43 PM PST

Strong weekend traffic and an online boom kicked off the holiday shopping season, but worries remain about whether retailers' new tactics are simply shifting spending to different days and sales outlets.


Small Banks Are Paying Up for Lenders

Posted: 25 Nov 2012 04:30 PM PST

Some of the banking industry's biggest pay raises are being handed out far from Wall Street, in towns and cities across the nation where the old-fashioned commercial banker is in hot demand.

Flowers Foods Sizes Up Hostess

Posted: 25 Nov 2012 04:48 PM PST

Flowers Foods, maker of Tastykake and Nature's Own baked goods, is considered a likely bidder for some of the assets owned by Hostess, which could help it expand geographically.

Asian Shares Mixed

Posted: 25 Nov 2012 06:40 PM PST

Asian markets were mixed Monday in cautious trading before another meeting of euro-zone finance ministers. The Hang Seng was flat.

Pilfered Wi-Fi Is No Shield From Police

Posted: 25 Nov 2012 05:29 PM PST

A federal court ruled that police don't need search warrants to use software to locate people who piggyback on their neighbors' Wi-Fi networks.

Natural-Gas Boom's Flip Side

Posted: 25 Nov 2012 04:30 PM PST

BUCKHANNON, W.Va.— The boom in U.S. natural-gas production has driven economic growth across much of the country, but not everyone is a winner, including this rural town in Appalachia, rich in natural gas and coal.

Car Show Is Charged Up

Posted: 25 Nov 2012 05:33 PM PST

Chevrolet and Fiat will unveil electric vehicles at the Los Angeles auto show this week, an effort to comply with California requirements that car makers sell vehicles with no tailpipe emissions.

German Car Makers Look Beyond Europe

Posted: 25 Nov 2012 06:39 PM PST

Volkswagen's plan to invest $65 billion in its global operations over the next three years marks the latest push by Germany's auto industry to limit its exposure to crisis-stricken Europe.

U.K. Newspapers Sweat Inquiry's Findings

Posted: 25 Nov 2012 07:57 PM PST

The British newspaper industry is on tenterhooks ahead of a British judge's report on whether and how the country's print press should be reined in to prevent invasions of privacy.


Hollywood Enjoys a Robust Holiday

Posted: 25 Nov 2012 07:40 PM PST

"The Twilight Saga" again took the top spot at the box office. "Skyfall," "Lincoln" and "The Guardians" also drew moviegoers, boosting the Thanksgiving-weekend grosses to their highest-ever totals.


Treasurys Face Unfamiliar Risk

Posted: 25 Nov 2012 09:40 AM PST

Treasury bulls are staring at the prospect of the U.S. Federal Reserve opting to hold back on committing to buying more government debt in 2013.

Dollar Will Trade on More Than Fiscal Talks

Posted: 25 Nov 2012 09:48 AM PST

Negotiations on avoiding the so-called fiscal cliff in the U.S. will be on the minds of currency investors, but array of reports on housing and consumer spending will also command attention.

BP Seeks Deal to Set Russia Gas For Britain

Posted: 25 Nov 2012 06:01 PM PST

BP is in early talks with the OAO Gazprom-led Nord Stream pipeline consortium over an extension of the link to carry gas straight into the U.K.

U.S. IPO Market Risks a Zero in December

Posted: 25 Nov 2012 09:06 AM PST

If issuers don't get moving, December is likely to be an uncharacteristically quiet month for IPOs. Only once since 1993 have there been no IPOs in the last month of the year.

Auction Houses Go Head-to-Head in Hong Kong

Posted: 25 Nov 2012 07:39 PM PST

The world's No. 1 and No. 3 art-auction houses held competing Hong Kong sales this weekend, and found strong interest for top lots as Chinese collectors continued to buy expensive paintings and antiques.


Hong Kong OK's China International Marine Listing

Posted: 25 Nov 2012 03:52 AM PST

China International Marine Containers has been approved to list shares in Hong Kong, as the world's largest shipping container maker shifts its listing from Shenzhen's struggling market for foreign-currency denominated stock.

'Fiscal Cliff' Debate Hits Airwaves

Posted: 24 Nov 2012 05:45 AM PST

Interest groups are launching ad campaigns to stir up Americans about the fiscal cliff, the tax increases and spending cuts set to start in January.