"Wallstreet" Reader

"Wallstreet" Reader


Apple Struggles to Divorce Samsung

Posted: 28 Jun 2013 04:40 PM PDT

Apple is a major Samsung customer. But the two firms compete directly and have spent the better part of the past two years suing over their gadgets.

An Insider Trader Expresses Regrets

Posted: 28 Jun 2013 07:31 PM PDT

Scott London, a former partner at KPMG, plans to plead guilty Monday to securities fraud for his role in an insider-trading scheme. He said his main motivation for breaking the law was to help a friend.

Pits Go Dark in Kansas City as Storied Wheat Exchange Closes

Posted: 28 Jun 2013 05:54 PM PDT

After spending much of the past four decades shouting at his colleagues and communicating with elaborate hand signals at the Kansas City Board of Trade, David Gibson is going digital.

Ex-Swiss Banker Pleads Guilty to Hiding Accounts

Posted: 28 Jun 2013 06:10 PM PDT

A retired Swiss banker pleaded guilty to failing to report his own bank accounts in Switzerland.

Why Apple Is Still Battling Over E-Books

Posted: 28 Jun 2013 05:39 PM PDT

In Apple's e-books trial, the company is defending more than its tiny digital-books business. It is seeking to maintain negotiating clout with media companies and its ability to compete with rivals like Amazon.com.

Fed's Message Has Many Speakers, One Voice

Posted: 28 Jun 2013 04:42 PM PDT

Federal Reserve officials this past week took an unusual step for the often-fractious group: They spoke with remarkable cohesiveness about their policy plans.

Barrick Gold Delays Production at Pascua Lama Mine

Posted: 28 Jun 2013 04:27 PM PDT

Barrick Gold said it is postponing production at its giant Pascua Lama mine by at least a year and a half and said it will likely take an impairment charge of up to $5.5 billion on the project.

Canadian Takes Reins at Bank of England

Posted: 28 Jun 2013 05:53 PM PDT

Mark Carney's biggest challenge in starting the new job may be managing the extraordinary burden of expectations already placed on his shoulders.

Gold Drop Uncovers Miners' Debt Woes

Posted: 28 Jun 2013 05:52 PM PDT

The recent plunge in the price of gold is exposing the large debt loads that big gold miners, such as Barrick Gold, took on during the boom years.

Bitcoin Exchange Makes Apparent Move to Play by U.S. Rules

Posted: 28 Jun 2013 02:33 PM PDT

A company listed as Mt. Gox registered with U.S. authorities, an apparent move by the world's largest bitcoin trading exchange to comply with U.S. anti-money-laundering rules.

FDA Approves Drug for Hot Flashes

Posted: 28 Jun 2013 02:01 PM PDT

The FDA approved the first nonhormonal drug designed to treat hot flashes, one of the most bothersome symptoms of menopause.

Investors Take Refuge in Cash

Posted: 28 Jun 2013 01:12 PM PDT

Mutual funds saw their biggest weekly outflows since 2011 as investors moved to the sidelines.

Investors Flock to Noodles & Co.

Posted: 28 Jun 2013 07:01 PM PDT

Noodles & Co. shares shot up as the first restaurant to go public this year was a hit with investors.

Liberty Talks Up Charter-Time Warner Cable Deal With Investors

Posted: 28 Jun 2013 07:09 PM PDT

Liberty Media failed in a direct attempt to interest Time Warner Cable in a merger with Liberty's cable affiliate Charter Communications, so now Liberty is trying a different method: talking up a deal to investors.

3 Arrested in Vatican Bank Probe

Posted: 28 Jun 2013 03:04 PM PDT

Italian financial police arrested three people in "an offshoot" of the investigation into the Institute of Religious Works, the Vatican's bank.

Intel Aims to Pick Up Mobile Pace

Posted: 28 Jun 2013 01:44 PM PDT

Intel's new leaders vowed to step up the chip maker's penetration of mobile devices, and start by giving its Atom processor equal billing with its pricier Core line.

Hachette to Buy Hyperion

Posted: 28 Jun 2013 01:43 PM PDT

Lagardere's Hachette has agreed to acquire Hyperion, a boutique book publisher best known for publishing Mitch Albom and cookbooks.

Barclays to Move 4,000 Jobs

Posted: 28 Jun 2013 01:45 PM PDT

Barclays said it plans to move 4,000 jobs at its investment bank to more cost-efficient locations by 2015.

Corn Prices Fall as Farmers Plant More

Posted: 28 Jun 2013 05:31 PM PDT

The U.S. said far more acres are planted with corn than investors had expected after a cold spring.

Investors Dump RIM Shares

Posted: 28 Jun 2013 05:44 PM PDT

RIM's shares tumbled 28% on Friday after the company reported it shipped far fewer new BlackBerry phones than analysts had expected in the quarter.