Wall Street Journal

An Indian court said officials can seek taxes from Vodafone on its purchase of one of the country's largest cellular companies, a decision that could cost Vodafone $2.6 billion.

Goldman Sachs agreed to a fine of nearly $31 million as part of an investigation by the Financial Services Authority that began shortly after U.S. regulators accused the firm in April of fraud.

The economic recovery is advancing unevenly across the U.S., as regions reliant on such industries as manufacturing and farming show progress while those more dependent on housing continue to struggle.

While big banks are showing signs of recovering from the financial crisis, the outlook is worsening for many of the country's smaller community banks.

Any repeal of birthright citizenship for U.S.-born children of illegal immigrants would end up increasing the size of the nation's illegal population, according to a new study.

Intel Corp.'s annual technical conference next week is shaping up as a milestone on a march toward multi-function chips, a trend rival Advanced Micro Devices Inc. is also laying plans to exploit.

Bank of China said the China Banking Regulatory Commission approved its planned rights issue of Shanghai-listed A shares and Hong Kong-listed H shares

Securities regulators defended their proposed $75 million settlement with Citigroup, saying it "achieves a fair balance" between the interests of current shareholders and those harmed by the bank's alleged failure to fully disclose its subprime-mortgage exposure.

J.P. Morgan Chase hired Bank of America's deputy general counsel Greg Baer to deal with a sweeping new set of financial regulatory reforms.

U.S. gasoline stockpiles have defied gravity this summer, growing by an unprecedented amount at a time when inventories typically fall.

A former Smith Barney broker was sentenced to no jail time after he cooperated with federal prosecutors in a probe into an alleged scheme to misuse brokerage-firm "squawk" boxes.

Martin Sullivan, the former CEO of AIG, has been hired by Willis Group to be its deputy chairman and to build a new global unit.

Lockheed Martin said more than 600 executives, or one-fourth of the eligible total, applied to accept financial incentives to leave the company.

For jittery or bearish investors, the timing may be right to substitute bullish "call" options for stocks.

Silicon Valley start-up incubator Y Combinator has become a go-to shop for nascent tech companies looking for advice and funding.

New GM Chief Executive Dan Akerson told employees Wednesday that the auto maker will take an "attacker's stance" against the competition now that it has the resources to do so.

The Obama administration gave a thumbs down to plans by Virgin Blue and Delta Air Lines to coordinate operations on flights between Australia and the U.S.

GlaxoSmithKline chose Simon Dingemans, a Goldman Sachs M&A specialist, to be its next chief financial officer.

Southwest Airlines Co. said traffic rose in August as a key measure of revenue again jumped by a double-digit percentage as fares remain well above year-earlier levels.

Canada's Anatolia Minerals Development Ltd. and Australia's Avoca Resources Ltd. have agreed to merger in a deal that will create a gold company with a market value of some $2 billion.