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WSJ.com US Business

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Updated: 2 min 33 sec ago

Baidu Unveils App Store

3 September 2010 - 12:33am
Baidu unveiled a platform that lets users run applications through the company's website, beating Google to the punch. Users of the service can run applications similar to those found on Facebook or Apple's App Store.
Categories: Stocks

BK's Strategy: Play Catch-Up

2 September 2010 - 11:48pm
Burger King Holdings agreed to a $3.3 billion leveraged buyout by private-equity firm 3G Capital Management that proposes to reinvigorate the struggling hamburger chain by accelerating its international expansion.
Categories: Stocks

A New Digital Battlefield

2 September 2010 - 11:21pm
TV shows are emerging as a new front in the war over digital media between Amazon.com and Apple amid their ongoing battles over electronic books and online music.
Categories: Stocks

Disney, Time Warner Reach Deal

2 September 2010 - 11:17pm
Disney and Time Warner Cable reached an accord after marathon negotiations over a long-term deal that will provide Time Warner Cable subscribers with a wide swath of Disney's programming.
Categories: Stocks

H-P Outguns Dell in Takeover Duel

2 September 2010 - 11:14pm
It wasn't the biggest bidding war the tech world has ever seen, but the battle between titans H-P and Dell for a humble maker of data-storage systems certainly qualified as one of the wildest ever.
Categories: Stocks

Bernanke Defends Record On Lehman

2 September 2010 - 11:13pm
Fed chief Ben Bernanke told a panel that he had no options to prevent Lehman Brothers' failure in September 2008 even though he knew its downfall would be "catastrophic."
Categories: Stocks

Countrywide's Case of Full Disclosure

2 September 2010 - 11:08pm
When does a company that has made financial disclosures fail to satisfy disclosure requirements?
Categories: Stocks

Billboards That Can See You

2 September 2010 - 10:32pm
Japan is pioneering the use of cameras and sensors to glean more information about who is looking at signs and electronic public displays, and is incorporating cellphone technology to make them more interactive.
Categories: Stocks

Retailers Top Lukewarm Forecast

2 September 2010 - 10:21pm
Retailers delivered a late-summer surprise, with sales for the key back-to-school shopping month coming in better than expected. Same-store sales at chains like Costco, Macy's and Nordstrom beat expectations.
Categories: Stocks

Quick Tests After EU's Summer Break

2 September 2010 - 10:10pm
When EU finance ministers assemble next week, an unpleasant reality will be on the agenda: Despite efforts to stabilize the euro zone, yields on the bonds of Europe's wobbliest countries have spent their vacation rising.
Categories: Stocks

Venezuela to Pay France's Casino $600 Million for Cativen

2 September 2010 - 10:10pm
President Hugo Chavez said Venezuela will pay Casino Guichard-Perrachon et Cie SA $600 million for a majority stake in the French food retailer's Cativen unit.
Categories: Stocks

Petrobras Share Sale Nearer

2 September 2010 - 9:30pm
A deal between Brazil's government and oil company Petrobras has removed some doubts that the company can pull off a share sale that could hit $60 billion.
Categories: Stocks

Manager Rejected China Potash Offer

2 September 2010 - 9:09pm
The investment chief of a big Canadian pension fund said he turned down a request to participate in a Chinese-backed consortium interested in launching a counterbid for Potash Corp.
Categories: Stocks

Avis Raises Dollar Thrifty Bid

2 September 2010 - 9:08pm
Avis Budget Group increased the cash portion of its offer for Dollar Thrifty to $40.75 a share, as it battles Hertz for the potential buyout.
Categories: Stocks

Abbott Abandons Sale of Unit

2 September 2010 - 9:02pm
Abbott pulled the plug on the sale of its European flu-vaccine business when initial bids came in below the company's expectations.
Categories: Stocks

FHFA Issues Rules on MBS Purchases

2 September 2010 - 9:00pm
Fannie Mae and Freddie Mac's regulator issued rules that will bar the mortgage-finance giants from receiving credit to meet mandates to support housing goals by purchasing mortgage-backed securities.
Categories: Stocks

AIG Loads Up for Unit's IPO

2 September 2010 - 8:55pm
AIG's application to list its main pan-Asian life insurer contained a record 11 bookrunners, a further sign that the company is determined to raise as much money as possible.
Categories: Stocks

Employers Raise Workers' Share of Health Costs

2 September 2010 - 8:11pm
Employers passed health-insurance costs onto employees at a sharply higher rate this year, and businesses' premiums grew more slowly than they have in a decade, according to an annual survey.
Categories: Stocks

U.S. Frets Over Foreign GM Investors

2 September 2010 - 7:57pm
The U.S. Treasury is concerned about the political fallout of allowing overseas investors to buy big stakes in General Motors through the car maker's initial public offering this fall.
Categories: Stocks

Probe Circles Globe to Find Dirty Money

2 September 2010 - 7:21pm
A slim lead helped spark a global inquiry that found some of Europe's vaunted banks actively evaded U.S. law in aiding sanctioned countries to move $2 billion undetected.
Categories: Stocks

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