WSJ.com: What's News US
-
Existing-Home Sales Jump 10.1%
Home resales leaped up 10.1% in October, rising far more than expected as a fat tax credit offset fears about joblessness.
Eni to Buy Oil Stakes in Uganda
Italy's Eni is to acquire stakes in two Ugandan oil fields from U.K.-listed Heritage Oil for $1.35 billion.
Data Push Dow to '09 Peak
Stocks continued to push higher after data showed home resales jumped far more than expected in October. The Dow hit new intraday highs for 2009.
Reliance Makes Chemical Bid
Reliance Industries made a nonbinding cash offer of around $12 billion to take a controlling interest in LyondellBasell when the chemical maker exits bankruptcy.
China Banks Warned on Capital
China's banking regulator told banks to comply with capital requirements or face sanctions, the latest signal that Beijing is worried about possible risks in the financial system.
Big Paydays for Lehman, Bear
Top executives at Bear Stearns and Lehman cashed out nearly $2.5 billion from 2000 through 2008 even as the value of shares they held plummeted, according to a study.
EADS Braces for Insider-Trading Trial
A week-long trial in the alleged insider-trading case involving EADS could have deep repercussions at the parent company of Airbus as well as on the authority of France's stock-market watchdog.
IMF Chief Warns on Stimulus Exit
The world's developed economies emerged from recession in the third quarter, but IMF chief Dominique Strauss-Kahn said further stimulus is needed before governments can let down their guard.
Campbell Soup Net Rises 17%
Campbell Soup's earnings rose 17% as margins improved. The company raised its forecast and said soup sales began rising as the quarter closed.
Venture Funds Sweeten Terms
Venture-capital funds are cutting fees as they scrounge for cash amid a bruising fund-raising environment.
Peet's Coffee Raises Offer for Diedrich
Peet's raised its offer for Diedrich Coffee to $32 a share in cash and stock, or $265 million, after rival Green Mountain Coffee Roasters proposed buying the company for $30 a share.
Lloyds Raises $14.03 Billion
The U.K. bank said it had raised the maximum $14.03 billion of contingent core Tier 1 and core Tier 1 capital through its non-U.S. bond exchange offer, and said the U.S. exchange offer is already heavily over-subscribed.
Internal Rifts Split Chieftain
Chieftain Capital Management, an iconoclastic investment firm with a strong two-decade track record, is splitting up following personality conflicts among leaders.
Price Dispute Delays NBC Deal
GE and Vivendi remain hundreds of millions of dollars apart as they try to agree on a price tag for the sale of a minority stake in NBC Universal.
Gulf Air Launches New Strategy
Bahrain's national carrier hopes to save almost $3 billion over five years as the struggling airline restructures to compete in the Gulf region's increasingly cutthroat aviation market.
J.P. Morgan Appoints China Chief
J.P. Morgan said it has appointed Linklaters LLP's Asia managing partner Zili Shao as its new China chairman and chief executive.
'New Moon' Shines, But Can't Overtake 'Dark Knight'
The vampire and werewolf movie "The Twilight Saga: New Moon" posted the biggest opening of the year, taking in $140.7 million in North America -- but fell short of the all-time crown.
Nissan Weighs Electric Car Plant in China
Nissan said it is considering plans to make all-electric cars in Guangzhou, as the Japanese auto maker steps up its electric-vehicle activity in China's fast-growing car market.
China Money Leaks Offshore
Soaring property prices in Hong Kong and booming baccarat tables in Macau offer a telling glimpse of how money is leaking out of mainland China, in defiance of Beijing's strict capital controls.
Bodies of Hostages Found in Philippines
Armed men kidnapped and killed at least 21 people in the southern Philippines in an apparent attempt to block the nomination of a local politician.
