Wall Street Journal
EU Rebuked Over Intel Case
The EU’s ombudsman said regulators had committed “maladministration” in their case against Intel by not documenting a “potentially exculpatory” witness interview.
Delta Offers Funding Deal to JAL
Delta Air Lines and its SkyTeam alliance partners said that they would provide a $1.02 billion funding package to lure Japan Airlines from the rival Oneworld alliance.
Russia May Invest in Rusal IPO
A state-owned Russian bank is likely to take a stake in the initial public offering of Rusal, marking the first government ownership of the embattled aluminum giant.
Sony: E-Reader Orders Delayed
Sony said it can’t be sure that it will be able to deliver all orders for its forthcoming electronic book reader in time for Christmas.
DirecTV Hires PepsiCo Veteran as CEO
DirecTV selected outgoing PepsiCo executive Michael White as its new chief executive, bringing in an outsider to sustain the pay-TV provider's momentum.
AMD to Pare Debt With Intel Funds
Advanced Micro Devices said it would use its $1.25 billion settlement from Intel to reduce its debt coming due in 2012 by up to $1.4 billion.
DynCorp Says It May Have Broken Law
Defense contractor DynCorp has admitted that it may have violated the Foreign Corrupt Practices Act when it tried to speed up the issuance of visas and licensing related to work for the U.S. government overseas.
Wells Fargo Settles Auction-Rate Case
The bank will return as much as $1.4 billion to clients whose funds were frozen when the auction-rate-securities market collapsed.
Limited Brands Posts Higher Profit
Limited Brands posted a sharply higher fiscal third-quarter profit due to a tax gain, and the retailer boosted its outlook as it outdid a projection issued late last month.
Hopes Rise for Cadbury Battle
Cadbury said it would consider takeover bids but hasn't received one. Hopes of a bidding war pushed up the confectioner's shares after Hershey and Ferrero said they might bid.
Gap's Old Navy Shows More Zest
Apparel giant Gap is to report fiscal third-quarter earnings Thursday, and is expected to benefit from the rejuvenated Old Navy bargain brand.
Bids on Stanford Assets Top $1 Billion
China's sovereign-wealth fund is among the firms to make an offer for a piece of the action. Some potential deals include tough terms.
Bids on Stanford Assets Top $1 Billion
China's sovereign-wealth fund is among the firms to make an offer for a piece of the action. Some potential deals include tough terms.
John Paulson Bets on Gold
John Paulson, who scored about $20 billion of profits wagering against the housing market and financial companies, is launching a fund dedicated to bullion-related investments.
AmEx to Buy Revolution Money
American Express said it plans to acquire Internet-transaction company Revolution Money, whose backers include Steve Case, for about $300 million.
AmEx to Buy Revolution Money
American Express said it plans to acquire Internet-transaction company Revolution Money, whose backers include Steve Case, for about $300 million.
Deutsche Bank's Ex-Chief Faces Fraud Case
German prosecutors filed criminal fraud charges against former Deutsche Bank chief Breuer, alleging the executive gave false testimony during a high-stakes lawsuit.
Marks & Spencer Plucks CEO From Rival
Marks & Spencer ended months of uncertainty over its leadership by naming a new chief executive, Marc Bolland, who recently mounted a strong turnaround at grocer William Morrison Supermarkets.
Marks & Spencer Plucks CEO From Rival
Marks & Spencer ended months of uncertainty over its leadership by naming a new chief executive, Marc Bolland, who recently mounted a strong turnaround at grocer William Morrison Supermarkets.
Bond Yields Turn Against Life Insurers
Cash-rich life insurers are having trouble putting their money to work as rising prices in the corporate-bond market are driving down yields.