"Wallstreet" Reader

Greece Faces Fresh Threats
For Nokia CEO, More Tough Calls Lie Ahead
As Belts Tighten, Darden Feels Squeeze
Data Group Ends Peeks After Leaks
Dow Sinks 353.87
Still Wanted: SEC Trading and Markets Chief
Oracle Shares Slide on Web-Software Weakness
Barely a Cloud at Paris Air Show
Sprint Raises Clearwire Bid to $5 a Share
High Court Stops Suit Against AmEx
Fed Roils World Markets
Brisk Home Sales Spur a Price Warning
U.S. Jobless Claims Rise by 18,000
Betting on the 'Snowden Effect' in China
White-Collar Sentences Get Fresh Look
Kodak Reaches Financing Deal
Signs of China Weakness Mount
Libor Case Ensnares More Banks
Signs of China Weakness Mount
Pirate Bay Co-Founder Gets Jail

Posted: 20 Jun 2013 05:51 PM PDT

Greece's shaky coalition government was hit with a double blow as talks over the shutdown of the state broadcasting company threatened to fracture the government and new worries over the financing of the bailout program emerged.

For Nokia CEO, More Tough Calls Lie Ahead

Posted: 20 Jun 2013 07:08 PM PDT

Now that his attempt to sell Nokia's struggling mobile-phone business to ally Microsoft has hit a dead end, CEO Stephen Elop has little time to persuade investors that Nokia's core business can be revived.

As Belts Tighten, Darden Feels Squeeze

Posted: 20 Jun 2013 06:56 PM PDT

Ahead of the Tape: Even good management at Darden Restaurants hasn't been able to do much when affordable luxuries have become less so for the middle class.

Data Group Ends Peeks After Leaks

Posted: 20 Jun 2013 07:37 PM PDT

A private-sector group that produces a leading consumer-confidence survey is suspending its practice of giving media organizations an early preview because it fears the information may be leaking early.

Dow Sinks 353.87

Posted: 20 Jun 2013 06:19 PM PDT

Stocks fell to their biggest-one day slide of the year as anxiety mounted over the potential for the Federal Reserve to pull back its stimulus efforts.

Still Wanted: SEC Trading and Markets Chief

Posted: 20 Jun 2013 07:07 PM PDT

SEC Chairman Mary Jo White is having difficulty finding an industry veteran or seasoned attorney to fill a top post overseeing trading firms and stock exchanges.

Oracle Shares Slide on Web-Software Weakness

Posted: 20 Jun 2013 07:05 PM PDT

Oracle's revenue growth stalled for the second straight quarter, sending its shares tumbling nearly 9% in after-hours trading on concerns about demand for its business software and competition.

Barely a Cloud at Paris Air Show

Posted: 20 Jun 2013 01:45 PM PDT

The Paris air show showed off a commercial-aviation industry in unusually fine fettle, powered by airline demand to add seats, save on fuel and take advantage of low interest rates.

Sprint Raises Clearwire Bid to $5 a Share

Posted: 20 Jun 2013 06:58 PM PDT

Sprint raised its offer to acquire full control of Clearwire to $5 a share, topping a rival bid from Dish Network. Clearwire's board has endorsed Sprint's newest offer.

High Court Stops Suit Against AmEx

Posted: 20 Jun 2013 05:04 PM PDT

The Supreme Court blocked a class-action antitrust lawsuit that alleged that American Express used its muscle in the corporate-card market to force merchants to accept the company's less desirable payment cards.

Fed Roils World Markets

Posted: 20 Jun 2013 10:48 AM PDT

Fresh signs that the Fed is considering pulling back on efforts to support the U.S. economy rattled markets. The dollar rose, while stocks, emerging-markets currencies and bonds all fell.

Brisk Home Sales Spur a Price Warning

Posted: 20 Jun 2013 05:33 PM PDT

Sales of previously owned homes surged in May to the highest level since late 2009, pushing prices up so quickly that a major real-estate trade group warned about unsustainable gains.

U.S. Jobless Claims Rise by 18,000

Posted: 20 Jun 2013 09:16 AM PDT

The number of U.S. workers seeking new unemployment benefits rose last week, at a level that still points to jobs growth but underscores the uneven nature of the labor market's recovery.

Betting on the 'Snowden Effect' in China

Posted: 20 Jun 2013 07:49 AM PDT

The People's Money: Allegations about U.S. surveillance in China have given a boost to Chinese Internet-security firms that stand to benefit if trust in Western companies begins to erode, writes Wei Gu.

White-Collar Sentences Get Fresh Look

Posted: 20 Jun 2013 07:30 AM PDT

A hearing this week on whether to substantially reduce former Enron CEO Jeffrey Skilling's 24-year prison sentence comes amid a growing debate about the rules for punishing white-collar criminals.

Kodak Reaches Financing Deal

Posted: 20 Jun 2013 05:20 AM PDT

Eastman Kodak has reached a deal with three banks for $895 million in debt financing following its planned emergence from bankruptcy protection.

Signs of China Weakness Mount

Posted: 20 Jun 2013 12:26 PM PDT

Mounting evidence of weakness in China's economy and increasing stress in its financial system are testing the government's determination to ride out a slowdown without resorting to stimulus measures.

Libor Case Ensnares More Banks

Posted: 20 Jun 2013 05:44 PM PDT

Employees of some of the world's largest financial institutions conspired with a former bank trader to rig benchmark interest rates, British prosecutors alleged, a sign authorities have their sights on an array of banks and brokerages.