"Wallstreet" Reader

"Wallstreet" Reader

Airbus on Track to Double Profit Margin

Posted: 16 Jun 2013 06:33 PM PDT

Airbus is on track to more than double its profit margin by 2015 through greater efficiency and restructured management, said Chief Executive Fabrice Brégier.

Nikkei Rises for Second Session

Posted: 16 Jun 2013 06:45 PM PDT

Asian shares were mostly lower Monday, with the Nikkei outperforming its regional peers as the U.S. dollar gained ground against the yen. The Nikkei rose 0.9%.

Fannie, Freddie Future Finds Focus

Posted: 16 Jun 2013 07:54 PM PDT

Congress is gearing up to tackle an issue that Washington has mostly ignored for nearly five years: What to do with Fannie Mae and Freddie Mac, the bailed-out but now-profitable mortgage companies.

Emerging-Market Fund Exodus Grows

Posted: 16 Jun 2013 06:23 PM PDT

Investors continued to pull money out of emerging-market bond and equity funds on increasing concerns about a tapering of the Federal Reserve's bond-buying program.

Shipping Firm Takes On U.S.

Posted: 16 Jun 2013 07:24 PM PDT

A U.S. government panel tried to block a fuel-shipping company's bid for a federal loan guarantee in part because panel members were concerned that the company is owned by private-equity firms, according to correspondence made public in a legal battle between the company and the government.

Hard Fall for Once-Feted U.K. Lender

Posted: 16 Jun 2013 06:47 PM PDT

Co-op Bank is expected to unveil plans to fill its capital hole by imposing losses on bondholders and selling loan portfolios. Bondholders may be asked to tender their debt for less than face value, or exchange it for new instruments.

FAA Official Warns of 'Divergent Paths' for Air-Traffic Control

Posted: 16 Jun 2013 04:41 PM PDT

The U.S. and Europe increasingly are moving in different directions to modernize air-traffic-control networks and the result threatens to undermine progress on both sides, a Federal Aviation Administration official says.

CEO: United Continental On Mend

Posted: 16 Jun 2013 06:21 PM PDT

After a year of operational and technical meltdowns at United Continental, CEO Jeff Smisek asserts that the world's largest airline finally is on the mend.

Sci-Fi Thriller Sends Famous Brands Into Future

Posted: 16 Jun 2013 04:29 PM PDT

Writer-director Neill Blomkamp takes some well-known brands and shuttles them into the future in his new sci-fi thriller, 'Elysium.'

Banks Balk at New Rules for Small Loans

Posted: 16 Jun 2013 07:33 PM PDT

Large banks are pushing back against regulators' plans to toughen rules on short-term, high-interest consumer loans.

Euro Becomes the Port in a Storm

Posted: 16 Jun 2013 07:08 PM PDT

Abreast of the Market: Assets from Japanese stocks to U.S. Treasurys have slumped this spring. But the euro has largely avoided the volatile trading that has whipsawed other currencies.

'Man of Steel' May Give DC Comics Superpowers

Posted: 16 Jun 2013 06:07 PM PDT

A blockbuster opening for "Man of Steel" this past weekend paves the way for Warner Bros. to rev up its efforts to challenge Marvel Entertainment in the superhero movie game.

Fears of Housing Bubble Inflated

Posted: 16 Jun 2013 12:44 PM PDT

Ahead of the Tape: The numbers don't support the view that another housing bubble is brewing, and two important pieces of data this week on the housing market should underscore that point.

Forget Fed-Speak, Look for Latest Growth View

Posted: 16 Jun 2013 04:15 PM PDT

The Outlook: The most important indicator from the Fed's meeting this week might be what it does with its often too-rosy growth outlook.

Tech Experts Race to Riviera

Posted: 16 Jun 2013 05:15 PM PDT

Technology is transforming the advertising business, a development that is drawing tech experts in growing numbers to the Cannes Lions ad festival.

U.K. Territories to Join Tax Agreement

Posted: 16 Jun 2013 03:40 PM PDT

Prime Minister David Cameron said Britain's 10 crown dependencies and overseas territories would sign an international convention to help combat tax evasion.

Co-op Bondholders Face Losses

Posted: 16 Jun 2013 07:07 AM PDT

Co-operative Bank will this week announce a plan to plug a roughly $1.96 billion capital hole by imposing losses on bondholders and selling loan portfolios.

Libraries Check Out E-Sales

Posted: 14 Jun 2013 03:58 PM PDT

Public libraries across the U.S. are getting into the online book-selling business, providing convenience for patrons but raising concerns that the sales threaten to commercialize the institutions.