Wall Street Journal: Business
- Armani Profit Boosted by Asia
Monday - 05/20/2013 - 02:06 PMGiorgio Armani's sales and profit jumped strongly last year, driven by growth in Asia, even as other brands are experiencing a drastic slowdown there.
More | Talk | Read It Later | Share - EU Widens Probe Into Energy Pricing
Monday - 05/20/2013 - 02:37 PMEuropean Union authorities have widened their probe into potential energy-price manipulation in recent days, sending requests for pricing information to commodity-trading firms including Glencore Xstrata PLC, Vitol Group, and Gunvor Group Ltd., say people familiar with the matter.
More | Talk | Read It Later | Share - FCC Can Set Deadlines for Cell Tower Applications
Monday - 05/20/2013 - 12:53 PMThe Supreme Court ruled federal regulators can set deadlines for state and local authorities to act on applications for new cellphone towers.
More | Talk | Read It Later | Share - Yahoo's Tumblr Deal Brings Challenges
Monday - 05/20/2013 - 12:59 PMYahoo will face a series of cultural challenges as it tries to make its $1.1 billion acquisition of Tumblr pay off.
More | Talk | Read It Later | Share - Two Wal-Mart China Executives Resign
Monday - 05/20/2013 - 09:48 AMWal-Mart said two vice presidents at its China operations are leaving, one to "pursue other opportunities" and one for "personal reasons."
More | Talk | Read It Later | Share - Vista Equity Partners to Buy Websense
Monday - 05/20/2013 - 07:58 AMVista Equity Partners plans to acquire security software maker Websense in a deal likely to be valued at roughly $1 billion.
More | Talk | Read It Later | Share - Elan Sets Out Deal Plans
Monday - 05/20/2013 - 06:41 AMElan shed further light on plans to rebuild its business and secure its long-term future, three months after selling off its only drug in production in a $3.25 billion deal.
More | Talk | Read It Later | Share - Chesapeake Taps Lawler as CEO
Monday - 05/20/2013 - 12:01 AMChesapeake Energy tapped Robert Douglas Lawler, a 46-year-old executive at Anadarko Petroleum, to succeed Chesapeake co-founder Aubrey McClendon as CEO of the nation's second-largest natural-gas producer.
More | Talk | Read It Later | Share - Xbox Girds for a Smartphone Battle
Sunday - 05/19/2013 - 08:00 PMWhat's underneath the hood of the latest Xbox videogame console represents a multiyear odyssey of trying to figure out how to keep the machine "cool" in the age of smartphones and tablets.
More | Talk | Read It Later | Share - An Independent Scotland Risks Financial Shocks
Sunday - 05/19/2013 - 06:19 PMAn independent Scotland would have banking assets worth more than 1,250% of Scottish gross domestic product, putting taxpayers at significant risk in the event of another banking crisis, the U.K.
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- GM Sees Stable Pricing by Japanese Car Makers
Monday - 05/20/2013 - 02:04 PMA top General Motors executive said he doubts Japanese auto makers would use the weaker yen to launch a price war in the U.S. this summer even as they face softer revenue at home.
More | Talk | Read It Later | Share - Apple CEO to Face Senate Questions Over Taxes
Monday - 05/20/2013 - 02:57 PMApple CEO Tim Cook is expected to face questions on Tuesday in Washington over the technology giant's global tax strategies at a time when it has piled up more than $100 billion of cash overseas.
More | Talk | Read It Later | Share - Neiman Marcus Scales Back in China
Monday - 05/20/2013 - 12:19 PMNeiman Marcus is scaling back its physical operations in China amid a broader slowdown in the country for luxury goods.
More | Talk | Read It Later | Share - NBC News Names President
Monday - 05/20/2013 - 10:57 AMDeborah Turness was named president of NBC News, as expected. The 46-year-old is the first woman to lead a U.S. broadcast news division.
More | Talk | Read It Later | Share - GE Capital to Pay Parent Dividend
Monday - 05/20/2013 - 09:33 AMGeneral Electric said GE Capital's board approved a $6.5 billion dividend payment to the conglomerate, which reflects 30% of the financial arm's planned 2013 earnings.
More | Talk | Read It Later | Share - Actavis to Buy Warner Chilcott
Monday - 05/20/2013 - 08:09 AMActavis agreed to acquire Warner Chilcott in a stock swap that values the maker of prescription health-care and dermatology products for women at roughly $5 billion.
More | Talk | Read It Later | Share - States Bank On Online Sales Tax
Sunday - 05/19/2013 - 08:43 PMCongress hasn't yet agreed to end tax-free shopping on the Internet, but some states already are planning how they'll spend the money.
More | Talk | Read It Later | Share - 'Now You See Me' Banks on Magic
Sunday - 05/19/2013 - 08:48 PM'Now You See Me,' to be released May 31 by Summit, hopes to make movie magic without computer-generated special effects. Director Louis Leterrier hired magic consultants, including David Copperfield, to create and execute some of the more complicated illusions.
More | Talk | Read It Later | Share - For Multinationals, Europe Is Soft Spot
Sunday - 05/19/2013 - 06:46 PMSoft European markets were a consistent and negative theme of the first-quarter results from big U.S. industrial companies, and concerns about further deterioration are expected to be a key topic at the annual conference that starts Monday.
More | Talk | Read It Later | Share - Sandy's Effects Likely to Lift Home Depot, Lowe's
Sunday - 05/19/2013 - 06:35 PMThis week, when Home Depot and Lowe's report fiscal first-quarter results, the reconstruction phase from last year's superstorm Sandy will be looming large as cooler-than-normal temperatures delay spring selling.
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- Hershey Keen for Piece of China
Monday - 05/20/2013 - 03:07 PMHershey will introduce a milk-based candy in China and open up a Shanghai R&D center as part of its strategy to build a presence the world's fastest-growing candy market.
More | Talk | Read It Later | Share - Kazakhmys to Consider Offer for ENRC
Monday - 05/20/2013 - 12:57 PMU.K.-listed miner Kazakhmys, the largest shareholder in Eurasian Natural Resources Corp., said it would be willing to consider an offer for ENRC, marking its first response since ENRC rejected an initial $2.2 billion offer.
More | Talk | Read It Later | Share - Russian Diesel Pressures European Refiners
Monday - 05/20/2013 - 02:00 PMRussia's slowing economy is leading to a flood of Russian diesel flowing to Europe, which could force a new round of European refinery closures.
More | Talk | Read It Later | Share - Dell Seeks More Details From Icahn
Monday - 05/20/2013 - 09:42 AMDell sent another letter to Carl Icahn and Southeastern Asset Management seeking more information about their takeover proposal, reiterating that it can't engage in talks before determining whether the proposal is credible.
More | Talk | Read It Later | Share - Campbell Soup Posts Higher Profit
Monday - 05/20/2013 - 10:06 AMCampbell Soup posted higher earnings as its U.S. soup sales rose 14%, the largest quarterly gain in nearly five years.
More | Talk | Read It Later | Share - Ryanair Forecasts 2014 Growth
Monday - 05/20/2013 - 05:28 AMRyanair posted a rise in both profit and revenue for the year and forecast further growth in 2014 as it continued to open new bases and routes and take market share from struggling rival European carriers.
More | Talk | Read It Later | Share - Dairy Giants in China Yogurt Venture
Monday - 05/20/2013 - 05:42 AMFrance's Danone and China Mengniu Dairy are striking a deal intended to quench China's growing dairy thirst and squelch fears about the safety of local dairy producers.
More | Talk | Read It Later | Share - Dreamliner's Other Issues Get Attention
Sunday - 05/19/2013 - 09:17 PMBoeing and its customers are refocusing on fixing more technical issues that affect the reliability of the 787 jet, as the aircraft resumes commercial flights after battery woes that led to a global grounding.
More | Talk | Read It Later | Share - Wanted: Miners in Brazil for Anglo American
Sunday - 05/19/2013 - 09:29 PMWhile rising labor costs have become almost routine for global mining firms locals in Brazil have been willing to take lower-level jobs such as operating a conveyor belt or maintaining machines for less than $10,000 a year.
More | Talk | Read It Later | Share - 'Star Trek' Transports Overseas
Sunday - 05/19/2013 - 03:28 PM"Star Trek: Into Darkness" grossed $70.6 million this weekend in the U.S. and Canada, falling short of Paramount Pictures' hopes. But the movie sold better overseas than the 2009 "Star Trek."
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