Wall Street Journal
Bangladesh to Raise Pay for Garment Workers
Bangladesh's government, facing pressure to improve standards in the garment industry following last month's deadly factory collapse, announced plans to increase the $38-a-month minimum wage.
Categories: Wall Street Journal
U.K. Bank Chief Quits Amid Bailout Fears
The Co-operative Banking Group said its chief executive would step down hours after the bank was downgraded to junk status by Moody's Investors Service, stoking fears it could require a government bailout.
Categories: Wall Street Journal
Yum Gets All-Clear Over Suspect Meat
Shanghai's food safety watchdogs cleared Yum Brands after earlier naming the U.S. company as a recipient of questionable meat from a wholesale food supplier.
Categories: Wall Street Journal
Fed, Treasury Probe Bloomberg Data Security
Bloomberg LP's disclosure that it had restricted newsroom access to certain customer data prompted an inquiry from the Federal Reserve, as well as the Treasury.
Categories: Wall Street Journal
In India, U.S., European Car Makers Go Slow
GM, Ford and VW are falling behind Asian auto companies such as Suzuki and Hyundai when it comes to selling to India's big and growing car market.
Categories: Wall Street Journal
G-7 Vows To Avoid Currency Manipulation
The Group of Seven leading industrial nations reaffirmed their commitment to refrain from deliberately weakening currencies through monetary policies.
Categories: Wall Street Journal
Amid Vote, Dimon Has Considered Departure
J.P. Morgan chief James Dimon at a meeting with shareholders this week raised the possibility that he might leave the bank if shareholders vote to separate his roles of chief executive and chairman.
Categories: Wall Street Journal
Bloomberg Adds Data-Compliance Post
Bloomberg named a veteran executive to a new position of data-compliance officer. It comes after the firm restricted its journalists' access to log-in and other data for users of its terminals following complaints from a big client, Goldman Sachs Group Inc.
Categories: Wall Street Journal
FDA Allows Generic Form of Painkiller
The FDA ruled that a new version of the powerful painkiller Opana ER doesn't thwart drug abuse significantly better than earlier versions that aren't abuse-deterrent.
Categories: Wall Street Journal
Patent Ruling Yields Few Answers
A federal appeals court offered its long-awaited view on when a piece of software can be patented. The upshot: seven opinions, totaling more than 120 pages, and no clear answer.
Categories: Wall Street Journal
McDonald's Dumps Angus Burger
It has been one of the most expensive fixtures on the McDonald's menu, but the food chain is saying farewell to the Angus Third Pounder burger.
Categories: Wall Street Journal
Proxy Wars Put Money Managers on the Hot Seat
Companies are going to unusual lengths to woo money managers ahead of annual shareholder meetings.
Categories: Wall Street Journal
Nokia to Launch New Handset in U.S.
Nokia, aiming to more aggressively challenge Apple and Samsung in the critical U.S. smartphone market, will next week release another upgrade to its lineup of Windows phones with the $99 Lumia 928.
Categories: Wall Street Journal
Icahn's Alternative Offer: Oust Michael Dell
Dell directors said they would review an alternative offer by two large shareholders to a proposed $24.4 billion buyout of the computer maker, which could potentially oust CEO Michael Dell in the process.
Categories: Wall Street Journal
Dollar in Broad Rally
The dollar's march through ¥100 has mushroomed into a broad rally for the greenback, as investors shift their attention from the Bank of Japan to await the Federal Reserve's next move.
Categories: Wall Street Journal
After Latest Loss, Post Office Weighs Higher Stamp Prices
The U.S. Postal Service, scrounging to stem a tide of deep losses, said Friday that it may pursue higher stamp prices later this year if Congress doesn't pass legislation that helps the agency cut costs.
Categories: Wall Street Journal
Stocks Close at Highs
U.S. stocks rose, ending a third-straight week of gains in record territory.
Categories: Wall Street Journal
Pimco's Gross Sees Treasurys' Top
Bill Gross said the three-decade bull run in bonds ended in late April, in his latest attempt to call the top in a market whose buoyancy has repeatedly tripped up skeptical investors.
Categories: Wall Street Journal
Hess Chairman Cedes Title
Hess Corp. moved to curb the power of CEO John Hess, saying Friday he will soon step down as chairman—an announcement that came days before shareholders decide on the board's makeup in a bitterly fought proxy battle.
Categories: Wall Street Journal
No Delay for Contraceptive
A federal judge declined to put on hold a decision that would allow the unrestricted sale of the Plan B emergency contraceptive to anyone regardless of age.
Categories: Wall Street Journal
