WSJ.com US Business
Pink Floyd Wins Downloads Suit
Britain's High Court has ordered record company EMI to stop selling downloads of Pink Floyd tracks individually rather than as part of the band's original albums.
Categories: Stocks
CBOE Parent Files $300 Million IPO
CBOE Holdings moved ahead with plans for a long-delayed initial public offering, becoming the last large member-owned U.S. financial exchange to go down the public route.
Categories: Stocks
Exxon's Sees Production Gains
The U.S. energy giant known for its heady profits is forecasting its energy output will begin to expand, but the new production comes at the risk of lower profit margins.
Categories: Stocks
Reynolds Loses Cigarette Case
A Vermont judge ruled that R.J. Reynolds Tobacco made false and misleading marketing claims last decade about its Eclipse brand, a so-called reduced-harm cigarette.
Categories: Stocks
Data Theft Hits HSBC Clients
HSBC said a former employee stole data on about 24,000 accounts in its Swiss private bank that wound up in the hands of French authorities.
Categories: Stocks
BB&T to Pay Tax for Offshore Enterprise
BB&T Corp.'s use of an opaque offshore-tax enterprise will cost the U.S. bank nearly $1 billion.
Categories: Stocks
National Semiconductor's Profit Jumps
National Semiconductor posted sharply higher profit as its revenue got a lift from industrial demand for analog products.
Categories: Stocks
Ex-Cazenove Partner Gets 21 Months
Former Cazenove partner Malcolm Calvert was sentenced to 21 months in jail Thursday, following his conviction a day earlier on five counts of insider trading.
Categories: Stocks
Judge to Release Lehman Report
A judge said he would approve the release of a redacted version of an examiner's report on Lehman's collapse. The report could be available to the public Thursday afternoon.
Categories: Stocks
U.S. Plans New Car-Safety Rules
U.S. auto-safety regulators are considering new standards for car brakes, accelerator pedals and "black boxes" that record crash data, the Obama administration's top highway-safety official told Congress.
Categories: Stocks
CFTC Chief Criticizes Wall Street
Gensler took another swipe at Wall Street, saying financial firms' objections to over-the-counter derivatives regulations could leave a large portion of the market in the dark.
Categories: Stocks
Barnes & Noble Plans iPad App
Barnes & Noble will offer an e-book reader application for Apple's new iPad tablet computer, providing access to the electronic books it sells.
Categories: Stocks
FCC Weighs Fee-Dispute Rule
The FCC has begun examining whether it needs to ensure that consumers don't lose channels during fee disputes between broadcasters and cable operators.
Categories: Stocks
Goldman Loses Senior Hedge-Fund Manager
Pierre-Henri Flamand, the head of the largest internal hedge fund at Goldman Sachs, is leaving to start his own hedge fund.
Categories: Stocks
Citi Sees Higher Return on Assets
The banking giant's goal is to generate a return on assets of 1.25% to 1.5% return in its core businesses, compared to the 1.15% returned last year.
Categories: Stocks
Nomura Loses 2 Asia Bankers
Two senior bankers at Nomura have resigned, following the expiration earlier this month of a two-year guaranteed bonus period.
Categories: Stocks
BP Seals $7 Billion Offshore Brazil Deal
The British oil giant agreed to acquire a big swath of oil assets from Devon Energy for $7 billion, in a deal that will vault BP into the hot new oil region off the shores of Brazil.
Categories: Stocks
Judge Upholds Chevron-Ecuador Arbitration
A U.S. judge declined to stay an international arbitration in a dispute between Ecuador's government and Chevron over who should pay for alleged environmental damages in the country's Amazon region.
Categories: Stocks
Smithfield Returns to Profit
Smithfield Foods posted its first quarterly profit in more than a year as losses narrowed sharply at its hog operations.
Categories: Stocks
Mitsubishi Wary in China
Mitsubishi Motors is unlikely to accept an opportunity to increase its stake in one of its joint ventures in China because the auto maker wants to preserve cash.
Categories: Stocks
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