Wall Street Journal
Valero Will Close Delaware Refinery
Valero Energy said it plans to close its Delaware refinery after failing to find a buyer for the facility at a time when refiners are contending with weak demand.
AnnTaylor Swings to Profit
AnnTaylor Stores swung to a third-quarter profit amid lower restructuring expenses and higher margins, even as revenue fell 12%.
Nook's Christmas Deadline Passes
Barnes & Noble on Friday said customers who order its Nook electronic-book reader now won't get it until the week of Jan. 4.
Invesco PowerShares CEO Steps Aside
Bruce Bond is stepping down as chief executive of exchange-traded fund provider Invesco PowerShares Capital Management.
Lewis to Consider Postponing Retirement
BofA CEO Kenneth Lewis said he would consider postponing his retirement if directors need more time to find a successor or smooth the transition to the next CEO.
TD, Lawyer Sued in Ponzi Case
Investors contend a high-profile Florida attorney orchestrated a claim-sharing fraud with the help of TD bank's U.S. unit and several accomplices.
Regulators Close Florida Bank
Florida regulators closed Commerce Bank of Southwest Florida in the 124th U.S. bank failure.
Ohio AG Sues Credit Raters
Ohio's attorney general filed suit against ratings agencies Standard Poor's, Moody's and Fitch, alleging they provided misleading ratings in exchange for money.
Dividend Payers Return to the Fore
Stocks with payouts had been trailing their yield-free rivals for most of the year, but are now pulling ahead. And the trend may last.
Mohegan's Profit Slides
The Mohegan Tribal Gaming Authority's profit fell 24% as gambling revenue slid again.
UPS to Raise Rates by 4.9%
UPS said it will raise rates an average of 4.9% for packages shipping by ground and air, including packages sent overseas.
Fair Isaac Loses Antitrust Suit
A federal jury ruled for the defendants in Fair Isaac's lawsuit accusing credit-scoring firm VantageScore and credit-reporting agencies Experian and TransUnion of trademark infringement and unfair competition.
Google Outlines Chrome OS Plans
A Google executive said the Internet giant is "a year away" from making its anticipated Chrome computer operating system available to users.
Goldman Holders Miffed at Bonuses
Some of Goldman Sachs's largest shareholders have urged the firm to reduce its bonus pool, arguing the company should pass along more of its blockbuster earnings to investors.
China Orders Bank to Curb Lending
Regulatory memo says restrictions "are political requirements and are not negotiable" and come amid worry about asset bubbles and bank risk.
General Growth in Mortgage Pact
General Growth Properties said it reached a deal to restructure $9 billion in mortgages on 77 malls in hopes of removing them from bankruptcy protection by the end of the year.
P&G Open to Deal Making
P&G said it is open to deal making, but emphasized that acquisitions aren't a core part of its strategy and that it doesn't pursue hostile acquisitions.
J.M. Smucker Profit Nearly Triples
J.M. Smucker's earnings soared amid the addition of the Folgers coffee brand, while lower commodities prices boosted margins at its other businesses.
ISDA Names Conrad Voldstad as New CEO
The International Swaps and Derivatives Association, the trade group representing the global derivatives markets, appointed Conrad Voldstad as chief executive officer.
French TV Aims for Prime Time
In France, financial hurdles and cultural taboos are blamed for the small screen's failure to match big-screen success.