Wall Street Journal: Nation

  • Bernanke Assails Giant Firms
    Saturday - 03/20/2010 - 10:31 AM

    Bernanke called for action on financial-services firms that are "too big to fail," calling the problem "pernicious" and an "insidious" barrier to competition.

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  • Pelosi Bids for Place in House History
    Friday - 03/19/2010 - 10:40 PM

    Passage of health-care bill would cement Nancy Pelosi's place as one of the most dominant House speakers in history, and defeat could crush Obama's presidency.

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  • Medicare Changes Draw Flak
    Friday - 03/19/2010 - 07:47 PM

    Caterpillar issued an 11th-hour salvo against the Democrats' health-care plan, saying the bill's Medicare adjustments and insurance mandates would increase the company's costs by $100 million in the first year.

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  • Palm Shares Plunge as Concerns Mount
    Friday - 03/19/2010 - 04:38 PM

    Palm's shares tumbled more than 25% as some analysts said the company's latest lowered forecast and weak smart-phone sales raised serious concerns about Palm's viability.

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  • Lehman Sought Help From GE
    Friday - 03/19/2010 - 05:20 PM

    Lehman Brothers CEO Dick Fuld reached out to General Electric for help twice in 2008, as his bank struggled to regain investors' confidence following the collapse of Bear Stearns.

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  • Barroso Presses for Specifics on Greece
    Friday - 03/19/2010 - 06:15 PM

    The president of the European Commission urged European leaders to spell out how they would aid Greece if the need arose, adding to pressure on the bloc to move beyond the vague statements of support it has so far offered.

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  • FDA: Not Enough Data on Knee Device
    Friday - 03/19/2010 - 01:05 PM

    The FDA said ReGen Biologics hasn't provided adequate data to show that its knee device is safe.

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  • Reserve Bank of India Raises Rates
    Friday - 03/19/2010 - 11:37 AM

    The Reserve Bank of India raised its key lending and borrowing rates by 0.25 percentage points each to anchor inflationary expectations, making it one of the first major central banks to raise rates.

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  • Boeing Sees Demand Accelerating
    Friday - 03/19/2010 - 09:14 AM

    Boeing moved up planned production increases for its 777 and 747 aircraft amid rebounding demand in the air-travel industry.

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  • BA, Union Talk on Eve of Strike
    Friday - 03/19/2010 - 08:39 AM

    British Airways and Unite, the union representing the airline's cabin crew, resumed talks in a last-ditch attempt to avert a strike due to start Saturday.

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  • Greek Woes Dim Appeal of Euro Zone
    Friday - 03/19/2010 - 09:35 PM

    The Greek debt crisis has upended expectations about the euro zone, causing the currency bloc to cast a more wary eye on potential additions—and leading some countries to question joining anytime soon.

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  • Tool Firms Seek U.S. Aid
    Friday - 03/19/2010 - 07:28 PM

    Cash-strapped small and midsize companies that supply critical parts to industrial giants are seeking a $30 billion U.S. loan-guarantee program and pressing General Motors to speed up payments.

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  • Lehman Insider Warned About Violating Code of Ethics
    Friday - 03/19/2010 - 07:35 PM

    Matthew Lee, in a letter to senior managers in May 2008, said top executives at the firm may have infringed upon internal rules by misleading investors about the true value of the firm's assets.

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  • More Ex-Cons Are Chasing Fewer Jobs
    Friday - 03/19/2010 - 06:48 PM

    States are releasing more prisoners to save money, and the ex-convicts are encountering the worst jobs climate in years.

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  • Blankfein's Pay in '09: $862,657
    Friday - 03/19/2010 - 05:46 PM

    Goldman Sachs CEO Lloyd Blankfein received compensation valued at $862,657 last year, according to a regulatory filing.

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  • Russian Firm to Bid on Air Force Tanker Program
    Friday - 03/19/2010 - 04:57 PM

    A Russian aerospace company is planning to bid on the lucrative contract to replace the Air Force's aging fleet of aerial refueling tankers, the latest twist to the ongoing saga.

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  • EU Explores Bank-Failure Mechanism
    Friday - 03/19/2010 - 01:47 PM

    Pressure is growing for the EU to develop a system for handling the failure of large cross-border banks, but the complexity of the issues involved and divergent national opinions on the details pose big challenges.

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  • EADS Eyes New Tanker Bid
    Friday - 03/19/2010 - 10:01 AM

    Airbus parent EADS is considering a new bid for a lucrative Pentagon contract for mid-air refueling tankers. Meanwhile, Daimler said it doesn't plan to exercise an option to sell its sizable stake in EADS.

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  • Barclays Sets Diamond's Award
    Friday - 03/19/2010 - 08:52 AM

    Barclays President Robert Diamond received $9.1 million in shares under an award for his performance over the next three years.

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  • Greek Yields Jump on Aid Confusion
    Friday - 03/19/2010 - 09:00 AM

    The bond-market moves reflect continued disagreement within the 16-nation euro zone over how to help Greece and expectations of a new Greek bond issue that would test investors' willingness to finance its red ink.

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  • Obama; Dodd's Financial Overhaul 'Essential'
    Saturday - 03/20/2010 - 06:45 AM

    President Barack Obama used his weekly radio address to call for an overhaul of U.S. financial regulation, saying reform is needed to rein in bad practices and better protect consumers.

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  • Fed Told to Disclose Friedman Documents
    Friday - 03/19/2010 - 09:25 PM

    Lawmakers demanded documents from the Fed relating to the purchases of Goldman stock by Stephen Friedman, the former chairman of the New York Fed.

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  • Utah, Georgia Banks Closed
    Friday - 03/19/2010 - 08:10 PM

    Regulators took down seven more banks Friday with a combined $3.3 billion in assets, marking a total of 37 failures for 2010.

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  • Facebook Settlement Approved
    Friday - 03/19/2010 - 01:05 PM

    A federal judge has approved a $9.5 million settlement of a class-action lawsuit over alleged privacy violations by Facebook. Some privacy groups had objected to the deal, which creates a foundation.

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  • EIA Tried to Smooth Over Data Error
    Friday - 03/19/2010 - 05:06 PM

    On Sept. 16, the U.S. Energy Information Administration reported nearly 4 million barrels of oil vanished from Cushing, Okla. in a single week, the biggest drop in at least 5 years.

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  • Fed Can't Shield Discount-Window Use
    Friday - 03/19/2010 - 02:16 PM

    A federal appeals court ruled Friday that the Fed must disclose documents related to individual borrowing from its discount window and other "last resort" lending programs

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  • Anglo Irish Ex-Chairman Released
    Friday - 03/19/2010 - 12:32 PM

    Irish police released Anglo Irish Bank's former chairman Sean FitzPatrick after questioning him in connection with alleged irregularities at the financial institution. authorities will now compile a file and decide whether to charge the former banker.

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  • Bair: 'Too Big to Fail' Must End
    Friday - 03/19/2010 - 11:00 AM

    The FDIC's Bair said policy makers need to end the concept of "too big to fail," including revising Senate legislation that could still allow for industrywide bailouts.

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  • Icahn Pushes Bid for Lions Gate
    Friday - 03/19/2010 - 09:33 AM

    Carl Icahn is now offering to buy all of the shares of Lions Gate Entertainment that he doesn't currently own after officials of the movie producer rebuffed his previous offer.

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  • Stocks Face Quadruple Witching
    Friday - 03/19/2010 - 09:07 AM

    Trading could get a dollop of volatility tied to quadruple witching hour, when contracts for stock index futures, stock index options, stock options and single stock futures expire.

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