Wall Street Journal

Bangladesh to Raise Pay for Garment Workers

Wall Street Journal US - May 12, 2013 - 12:39pm
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

Wall Street Journal US - May 12, 2013 - 11:13am
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

Wall Street Journal US - May 12, 2013 - 9:41am
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

Wall Street Journal US - May 12, 2013 - 8:10am
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

Wall Street Journal US - May 11, 2013 - 6:38pm
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

Wall Street Journal US - May 11, 2013 - 2:21pm
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

Wall Street Journal US - May 11, 2013 - 9:08am
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

Wall Street Journal US - May 10, 2013 - 9:03pm
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

Wall Street Journal US - May 10, 2013 - 8:26pm
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

Wall Street Journal US - May 10, 2013 - 8:25pm
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

Wall Street Journal US - May 10, 2013 - 8:24pm
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

Wall Street Journal US - May 10, 2013 - 8:23pm
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.

Wall Street Journal US - May 10, 2013 - 8:22pm
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

Wall Street Journal US - May 10, 2013 - 8:16pm
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

Wall Street Journal US - May 10, 2013 - 7:06pm
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

Wall Street Journal US - May 10, 2013 - 6:51pm
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

Wall Street Journal US - May 10, 2013 - 6:33pm
U.S. stocks rose, ending a third-straight week of gains in record territory.
Categories: Wall Street Journal

Pimco's Gross Sees Treasurys' Top

Wall Street Journal US - May 10, 2013 - 6:31pm
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

Wall Street Journal US - May 10, 2013 - 6:10pm
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

Wall Street Journal US - May 10, 2013 - 5:25pm
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