WSJ US Business
Facebook Shares Plummet on Day 2
Shares in Facebook plunged on their second day on the stock market, a black eye for all those involved with the social networking company going public.
Categories: Business
Cable Firms Share Wi-Fi Hot Spots
Comcast, Time Warner and three other large cable operators agreed to give customers access to each other's wireless Internet hot spots.
Categories: Business
Eaton to Buy Cooper Industries
Eaton agreed to buy Cooper Industries in an $11.8 billion cash-and-stock deal that would significantly expand Eaton's power business.
Categories: Business
EU Presses Google on Antitrust Issues
The European Commission said it would offer Google the chance to offer remedies against antitrust complaints brought by more than a dozen companies, including Microsoft.
Categories: Business
Europe's Banks Fear Flight of Deposits
The European Continent's financial system remains vulnerable to the prospect that stampedes of customers could yank their deposits from institutions perceived as shaky.
Categories: Business
Samsung, Apple to Sit at the Table
Chief executives of Apple and Samsung Electronics will meet in Monday in a court-directed session aimed at settling their smartphone patent war. But a deal seems unlikely.
Categories: Business
Barclays to Sell Entire BlackRock Stake
Barclays said that it intends to sell its $6.1 billion stake in BlackRock, as the U.K. lender seeks to redeploy cash to boost its profitability and offset the effects of impending regulation.
Categories: Business
Globalization Spurs Steel Mill
By copying practices at a modern Belgian mill, U.S. workers are learning to make the same amount of steel with nearly half the people employed three decades ago.
Categories: Business
China's Wanda to Buy AMC
Chinese property conglomerate Dalian Wanda Group will acquire U.S. movie theater chain AMC Entertainment in a deal worth about $2.6 billion.
Categories: Business
Qantas to Cut 500 Jobs
Qantas said it will terminate 500 engineering jobs as part of a wider effort to stem losses at its international-flights unit.
Categories: Business
Gestures Control Computers
The race is on to liberate computer users from the mouse. Some technology innovators are developing ways in which hand gestures can be used to control computers.
Categories: Business
Lowe's Posts Tepid Sales
Lowe's fiscal first-quarter earnings rose 14% on a calendar shift and unusually warm weather but the retailer slightly lowered its full-year earnings outlook and warned that weather might have pulled sales forward.
Categories: Business
Nasdaq's Facebook Problem
The Nasdaq Stock Market said it bungled Facebook's IPO, acknowledging that tech problems affected trading in millions of shares.
Categories: Business
Thai Airways Dismisses President
Thai Airways International dismissed its president in what analysts said was a politically motivated move that could dampen the outlook for the flag carrier already being hit by high fuel prices and weak demand
Categories: Business
Fuel Costs to Pinch Ryanair
Ryanair warned earnings will fall sharply this year as it becomes harder to offset high fuel costs with fare increases, as the carrier posted a better-than-expected 50% jump in profit.
Categories: Business
Fiat Plans for India
Fiat is planning a major product offensive in India -- bringing in brands including Chrysler's Jeep and Dodge -- as it attempts to catch up with well-entrenched players such as Suzuki, Volkswagen and Toyota.
Categories: Business
Pest Attack Threatens Indian Coffee
An extended dry spell in India's main coffee growing regions has promoted the spread of a crop pest, which is threatening next marketing year's output.
Categories: Business
China Clears Google to Buy Motorola Mobility
Chinese antitrust authorities required Google to keep its Android mobile-device software available to manufacturers as part of its approval of the Internet search company's purchase of Motorola Mobility Holdings.
Categories: Business
Yahoo in Deal on Alibaba Stake
Yahoo struck a deal to sell up to half of its stake in Alibaba Group Holding back to the Chinese company for $7.1 billion, finally succeeding after multiple attempts to wind down a seven-year relationship that had recently soured.
Categories: Business
Graff Seeks $1 Billion in Hong Kong IPO
London-based jeweler Graff Diamonds plans to raise $1 billion from a Hong Kong initial public offering that starts Monday.
Categories: Business
