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New Proxy Rule Puts Heat on Firms

U.S: What's News (WSJ ) - Mon, 08/23/2010 - 03:42
Stockholders are set to gain greater clout to elect corporate directors on Wednesday when the Securities and Exchange Commission is expected to finalize a "proxy access" rule.

Southeast Asia Links Up to Compete

U.S: What's News (WSJ ) - Mon, 08/23/2010 - 03:24
China's rising labor costs represent an opportunity for other developing countries, but factories in these frontier markets will have to do more than compete on wages to win business.

Threat of Wall Street Job Cuts Looms

U.S. Business (WSJ) - Mon, 08/23/2010 - 03:22
The weak economy, volatile markets, regulatory upheaval and changes in how traders are paid are starting to trigger job cuts on Wall Street that could reverse a recent rebound in employment levels.

Threat of Wall Street Job Cuts Looms

U.S: What's News (WSJ ) - Mon, 08/23/2010 - 03:22
The weak economy, volatile markets, regulatory upheaval and changes in how traders are paid are starting to trigger job cuts on Wall Street that could reverse a recent rebound in employment levels.

Cities Privatize Assets Amid Cuts

U.S: What's News (WSJ ) - Mon, 08/23/2010 - 03:11
Cities and states across the nation are selling and leasing everything from airports to zoos—a fire sale that could help plug budget holes now but worsen their financial woes over the long run.

Employment Recovery Lags in the West

U.S. Business (WSJ) - Mon, 08/23/2010 - 03:09
The West, along with other U.S. regions, has seen fewer layoffs since last summer. But its hiring rate—the number of people hired as a percentage of employment—hasn't recovered as strongly as it has in the past.

Protests, Rhetoric Feed Jihadists' Fire

U.S: What's News (WSJ ) - Mon, 08/23/2010 - 02:40
Islamic radicals are seizing on protests against a planned Islamic community center near Ground Zero as a propaganda opportunity and are stepping up anti-U.S. chatter and threats on their websites.

Oil-Fund Czar Vows Ample Payouts

U.S. Business (WSJ) - Mon, 08/23/2010 - 02:31
Kenneth Feinberg, administrator of the $20 billion fund set up to compensate victims of the Deepwater Horizon spill, said he aims to ensure claimants would be more likely to obtain higher and more-expeditious payouts from the fund than through litigation.

Mortgage Fraud Is On the Rise Again

U.S. Business (WSJ) - Mon, 08/23/2010 - 02:31
Mortgage fraud, which helped inflate the housing bubble and left banks and government housing agencies with an avalanche of bad debt, is up again. The crime rose last year after declining for two years from its 2006 peak.

Mortgage Fraud Is On the Rise Again

U.S: What's News (WSJ ) - Mon, 08/23/2010 - 02:31
Mortgage fraud, which helped inflate the housing bubble and left banks and government housing agencies with an avalanche of bad debt, is up again. The crime rose last year after declining for two years from its 2006 peak.

Corinthian Colleges Skips Session

U.S. Business (WSJ) - Mon, 08/23/2010 - 02:22
Corinthian Colleges canceled its Sept. 15 investor day, saying regulatory uncertainty leaves the for-profit college unable to offer much insight into its future operations

U.S. Reviews Tech Spending

U.S. Business (WSJ) - Mon, 08/23/2010 - 02:09
Obama administration officials are considering overhauling 26 troubled federal technology projects valued at as much as $30 billion as part of a broader effort by White House budget officials to cut spending.

U.S. Reviews Tech Spending

U.S: What's News (WSJ ) - Mon, 08/23/2010 - 02:09
Obama administration officials are considering overhauling 26 troubled federal technology projects valued at as much as $30 billion as part of a broader effort by White House budget officials to cut spending.

Westpac Cash Profit Rises

U.S. Business (WSJ) - Mon, 08/23/2010 - 00:46
Westpac's third quarter cash profit rose 27% on year to US$1.2 billion as charges for problem loans fell sharply on year.

Laggards Amid Ad Rebound

U.S. Business (WSJ) - Mon, 08/23/2010 - 00:13
Top media companies' earnings show U.S. advertising spending is returning with a bang, but not every industry is increasing expenditures, a sign that media companies have some ground to make up.

Credit-Card Rates Climb

U.S. Business (WSJ) - Mon, 08/23/2010 - 00:11
Borrowing rates for a large portion of U.S. credit-card accounts have been rising and are likely to climb further in the near future.

Credit-Card Rates Climb

U.S: What's News (WSJ ) - Mon, 08/23/2010 - 00:11
Borrowing rates for a large portion of U.S. credit-card accounts have been rising and are likely to climb further in the near future.

Britons Worry About Finances

U.S: What's News (WSJ ) - Sun, 08/22/2010 - 23:00
U.K. household finances remained under pressure in August amid concerns that government spending cuts, which have already hit the public sector, could soon affect jobs in the private sector.

BYD Says Growth Will Slow Further

U.S. Business (WSJ) - Sun, 08/22/2010 - 23:00
BYD's first-half net profit more than doubled from a year earlier, as the Chinese battery and car maker benefited from Beijing's measures to boost car sales.

BYD Says Growth Will Slow Further

U.S: What's News (WSJ ) - Sun, 08/22/2010 - 23:00
BYD's first-half net profit more than doubled from a year earlier, as the Chinese battery and car maker benefited from Beijing's measures to boost car sales.

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