WSJ.com: What's News US

Secretive Culture Led Toyota Astray

Tue, 09 Feb 2010 22:47:31 EST

New details from the crisis enveloping Toyota reveal a growing rift between the auto maker and U.S. regulators. The heart of Toyota's problem: Its secretive corporate culture clashed with U.S. requirements that auto makers disclose safety threats.

Europe Weighs Rescue Plan for Greece

Tue, 09 Feb 2010 22:45:31 EST

Germany is considering a plan with its European Union partners to offer Greece and other troubled euro zone members loan guarantees in an effort to calm market fears of a default.

Galleon Defendants Must Give Wiretaps

Tue, 09 Feb 2010 22:14:13 EST

Prosecutors added two more securities fraud counts against Raj Rajaratnam in an alleged insider-trading scheme that prosecutors now claim topped $49 million.

Asia Up on Europe, Australia

Tue, 09 Feb 2010 21:18:37 EST

Asian stock markets rose Wednesday as Europe weighed a rescue plan for Greece. Australia's index climbed 1% on from better-than-expected earnings.

Paulson's Gold-Metal Run Falls Short

Tue, 09 Feb 2010 21:27:20 EST

John Paulson scored big on bets against subprime mortgages. He's so far having a tough time winning over investors for his gold fund.

Morgan Stanley Gets Earful on Pay

Tue, 09 Feb 2010 22:00:34 EST

CEO James Gorman's pledge last week to reduce the firm's compensation ratio followed prodding from some large shareholders about unusually high employee payouts in 2009, according to people familiar with the situation.

Google Adds 'Buzz' to Gmail

Tue, 09 Feb 2010 19:06:48 EST

Google launched a new service to bring social updates such as photos and Web links into Gmail and some Google mobile products, in a challenge to Facebook and other sites where people go to check up on their friends.

Customer Caution Restrains Disney

Tue, 09 Feb 2010 19:05:27 EST

A nascent recovery in cable-television advertising and cost-cutting at its movie studio helped boost Disney's key divisions in the latest quarter. Overall, though, revenue and profit were essentially flat.

AMR Ramps Up Challenge to Delta

Tue, 09 Feb 2010 19:05:21 EST

The global race between the two largest U.S. airlines is tightening again after Delta had been threatening to leave AMR's American Airlines in the dust.

'Xanadu' Dreams Meet Harsh Reality

Tue, 09 Feb 2010 19:37:35 EST

Developer of New Jersey complex seeks financing as report for governor floats idea of surrendering site.

Game Makers Push Beyond Christmas

Tue, 09 Feb 2010 20:03:15 EST

Videogame publishers are set to release more than a dozen major titles in coming months as the companies attempt to spark demand outside the crowded holiday season and reverse an industry-wide sales slump.

Spec Houses Rise on a Bet on Buyers

Tue, 09 Feb 2010 19:16:45 EST

Home builders are ramping up speculative construction to attract last-minute home buyers who want to tap a soon-to-expire tax credit.

FSA Chief Sants to Step Down

Tue, 09 Feb 2010 19:45:26 EST

Hector Sants submitted his resignation as chief executive of the Financial Services Authority, the U.K. financial regulator that he led through the credit crisis but which faces an uncertain political future.

International Sales Boost Coca-Cola

Tue, 09 Feb 2010 19:25:24 EST

Coca-Cola posted a 55% gain in profit amid strong soda sales in developing economies, but its North American business remained under pressure.

UBS Swings Back to Profit

Tue, 09 Feb 2010 19:22:51 EST

UBS reported its first quarterly profit in more than a year, but its private-banking business continued to hemorrhage wealthy clients spooked by assaults on Swiss bank secrecy.

Deal Boosts Carbon Trading in China

Tue, 09 Feb 2010 10:15:25 EST

Citigroup and OAO Gazprom closed a small but pioneering deal in China that could lay the foundation for a bigger nationwide market in carbon trading.

McDonald's Sales Rise Abroad

Tue, 09 Feb 2010 20:22:22 EST

McDonald's recorded a 2.6% rise in January sales, with strength overseas offsetting weakness in the U.S.

Rhapsody to Be Spun Off

Tue, 09 Feb 2010 20:12:12 EST

RealNetworks and Viacom plan to spin off their Rhapsody music-subscription joint venture into a new corporation.

China's Auto Sales Rise Sharply

Tue, 09 Feb 2010 16:23:14 EST

China's vehicle sales more than doubled in January to a monthly record of 1.66 million autos, bucking forecasts for weaker growth.

Tysabri Boosts Biogen Earnings

Tue, 09 Feb 2010 10:38:10 EST

Biogen's fourth-quarter net profit rose 48% to $305.6 million, as sales of its controversial multiple-sclerosis drug Tysabri continued to rise.

Japan Airlines Sticks With AMR

Tue, 09 Feb 2010 05:54:29 EST

Japan Airlines said it will maintain its alliance with AMR's American Airlines, dealing a blow to rival Delta.

CIC Offers a Glimpse of Holdings

Mon, 08 Feb 2010 23:08:50 EST

The massive national China Investment Corp. provided the closest look yet at its politically sensitive holdings, in an SEC filing that revealed that it has accumulated small stakes in more than 60 U.S. companies but is making big bets outside the U.S.

Mortgage Mess Breeds Unlikely Allies

Mon, 08 Feb 2010 23:21:18 EST

Some activists and investors have formed a loose coalition, aiming to cut amounts owed by borrowers whose loans exceed the values of their homes.

GM Details Plans in Europe

Tue, 09 Feb 2010 19:42:26 EST

General Motors laid out a rescue plan for its Opel unit, including fresh cost cuts and efforts to increase vehicle sales and market share.

Magazine Sales Continue to Slip

Mon, 08 Feb 2010 20:20:06 EST

The sinking newsstand sales that have magnified the magazine industry's recent pain continued in the second half of 2009, though the declines eased slightly.

MGM Mirage Seeks to Divest Atlantic City Casino Stake

Tue, 09 Feb 2010 09:21:33 EST

The move by the U.S. gambling company underscores a shift toward Macau and an increasing focus on Asia.