"Wallstreet" Reader

"Wallstreet" Reader

Health Law Spurs Shift in Worker Hours

Posted: 04 Nov 2012 05:45 PM PST

Some low-wage employers are moving toward hiring part-time workers instead of full-time ones to mitigate the health-care overhaul's requirement that large companies provide health insurance for full-time workers or pay a fee.

Asian Shares Fall; Investors Cautious Before Risk Events

Posted: 04 Nov 2012 06:33 PM PST

Asian markets were lower Monday, taking a cue from Friday's losses on Wall Street as investors awaited key near-term events for fresh cues. The Nikkei fell 0.3%.

Wall Street Pay Rises

Posted: 04 Nov 2012 07:09 PM PST

Wall Street pay will bounce in 2012 from last year's sharply reduced levels, but bonuses will be lower and have more strings attached than before the financial crisis, the latest tally of finance-industry compensation shows.

End of Election a Win For Markets

Posted: 04 Nov 2012 06:04 PM PST

Tuesday's presidential and congressional elections can't come soon enough for investors hoping for some clarity on crucial U.S. fiscal-policy questions.

G-20 Sees Fiscal Risks

Posted: 04 Nov 2012 03:47 PM PST

Finance ministers and central bankers from the world's largest economies meeting in Mexico City on Sunday and Monday plan to flag dangers facing the world economy, including the euro zone's debt crisis and the looming U.S. fiscal cliff, according to meeting participants.

Offer Made for Four Seasons in New York

Posted: 04 Nov 2012 06:46 PM PST

Billionaire Beanie Baby mogul Ty Warner has notified Four Seasons Hotels and Resorts that an unidentified buyer has offered him $900 million for the Four Seasons Hotel New York, according to people briefed on the matter. Four Seasons now has to decide whether it wants to match the offer to keep its brand on the flagship 368-room hotel.

Election Could Set Course for Treasurys

Posted: 04 Nov 2012 12:47 PM PST

After Tuesday, bond investors could have a new compass for trading Treasurys, when they find out which party claims the presidency.

Europe's Bank Reviews Collateral

Posted: 04 Nov 2012 03:43 PM PST

The European Central Bank is looking into whether it is treating Spanish government Treasury bills too generously when commercial banks present them as collateral for loans, potentially reviving concerns over the safety of the central bank's €3 trillion ($3.85 trillion) balance sheet.

U.S. Companies Woo Chinese Investment

Posted: 04 Nov 2012 04:55 PM PST

There is an intensifying campaign to get Chinese investors to write checks in the U.S., evidenced by a recent red-carpet tour for 60 entrepreneurs and executives from China.

'Wreck-It Ralph' Smashes Way to Top of Box Office

Posted: 04 Nov 2012 07:00 PM PST

Walt Disney Co.'s throwback animated film "Wreck-It Ralph" won the weekend box office with a stronger-than-expected $49.1 million debut.

Wipro Profit Rises 24%

Posted: 04 Nov 2012 10:18 AM PST

Wipro posted a 24% rise in its net profit and forecast improved sales growth at its outsourcing division, which has been struggling because of a tough business environment.

Laos Summit Opens as Region Regains Momentum

Posted: 04 Nov 2012 04:47 PM PST

Government heads from 49 countries open a two-day summit Monday, seeking to strengthen trade and investment ties and promote peaceful development.

In Corner of Myanmar, Muslims Seek Relief

Posted: 02 Nov 2012 11:19 PM PDT

A Muslim enclave in a scrappy port town is quickly turning into a prison-like ghetto, highlighting the risk that Myanmar's dramatic democratic revival could unleash centuries-old ethnic hatreds held in check by military rule.