WSJ.com: What's News US
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Dubai Fallout Hurts Stocks
The Dow industrials slid 1.5% as U.S. investors reacted to the Dubai debt crisis. Oil hit a six-week low.
Saab Draws Interest, Races to Stay Alive
General Motors' Saab has received serious expressions of interest from potential buyers since Tuesday's collapse of a deal to sell the brand to another firm.
EU Names Antitrust Chief
Barroso proposed Joaquín Almunia to be the EU's new antitrust chief and center-right Belgian Karel De Gucht to be trade commissioner.
ING to Raise $11.2 Billion
Dutch Financial Company ING has priced its $11.2 billion rights issue at a hefty discount in a move aimed at repaying half the state aid it received during the financial crisis.
Truce Opens Door for AIG, Greenberg
AIG said it has agreed to settle all legal disputes with former chairman Hank Greenberg, former CFO Howard Smith and two companies headed by Greenberg.
Canada's Top Court Backs Wal-Mart
Canada's top court has ruled in favor of Wal-Mart Stores' Canadian unit regarding the closure of a unionized store in Quebec four years ago.
Wall Street Reopens Checkbook
Goldman, J.P. Morgan and others are reopening their checkbooks as M&A picks up. The funding could swing deals for Cadbury and others. The risk: a market downturn.
Japan Spending Weak, Prices Fall
Japanese consumer spending sputtered and deflation remained entrenched in Japan last month, underscoring weakness in the economy as Tokyo grapples with a surge in the yen.
Sony Bets On 3-D to Drive Growth
Sony said it sees 3-D compatible televisions accounting for up to half of all the TVs sold by the company in three years.
Tata Motors Swings to Profit
Tata Motors swung to a consolidated net profit for its fiscal second quarter from a net loss last year.
IPhone Tries to Crack Korea
Apple's iPhone is set to go on sale in South Korea, a country that prides itself on cutting-edge technology but where the government raised trade barriers on smart phones.
BHP Sees Improving Sentiment
BHP Billiton Chief Executive Marius Kloppers said market sentiment has improved in the past month and that demand from the Chinese steel sector is surprisingly strong.
Investors Buy $1.4 Billion San Miguel Stake
The deal from a group of friendly investors could back the conglomerate's management as it diversifies and increases its holdings in power and telecommunications.
Renault Agrees to Bolster Russia's AvtoVAZ
Renault agreed with Russia to put jointly about $3 billion into ailing auto manufacturer AvtoVAZ, as the French maker tries to salvage a risky investment that turned sour.
Lachlan Murdoch Sells News Corp. Stock
Lachlan Murdoch, the elder son of News Corp. CEO Rupert Murdoch, reported selling roughly $28 million in company stock, as his investment firm plans to purchase a stake in an Australian radio broadcaster.
Abu Dhabi Gets Pressure on Dubai
Pressure mounted on oil-rich Abu Dhabi to step in with financial support for Dubai after fears of a debt default by one of its state-owned conglomerates hit markets world-wide.
Dubai Fallout Hurts Stocks
The Dow industrials slid 1.5% as U.S. investors reacted to the Dubai debt crisis. Oil hit a six-week low.
