WSJ US News
SpaceX Aborts Rocket Launch
Launch of the first private spacecraft aimed at docking with the international space station was scrubbed at the last split-second early Saturday, due to a technical problem.
Categories: Business News
G-8 Leaders to Discuss Economic Woes
Leaders of the world's eight richest economies gathered in Camp David, Md., Saturday to discuss how to deal with the European debt crisis amid fresh concerns that it could spark widespread financial turmoil.
Categories: Business News
J.P. Morgan Struggles to Unwind Huge Bets
J.P. Morgan is struggling to extricate itself from disastrous wagers by traders such as the "London whale." Losses would grow if the banking company sells its positions into a market that has turned against its positions.
Categories: Business News
Facebook's IPO Sputters
Facebook shares struggled to stay above their $38 IPO price, as Wall Street bankers stepped in to prevent the newly minted stock from ending its first day with an embarrassing loss.
Categories: Business News
SpaceX's Pioneering Flight Plans
Space Exploration Technologies is set to launch the first private spacecraft seeking to dock with the International Space Station, carrying with it the aspirations of scores of other commercial space ventures.
Categories: Business News
China: Solar-Panel Tariff May Backfire
China unleashed a storm of protest criticizing the U.S. decision to impose a 31% antidumping tariff on Chinese solar-panel makers.
Categories: Business News
Dewey Moves Closer to Bankruptcy Filing
Dewey & LeBoeuf is readying a possible bankruptcy-protection filing for sometime in the next several weeks, a move that would initiate official liquidation of the beleaguered New York law firm.
Categories: Business News
Chesapeake Cuts Pay, Jet Travel for Board
Chesapeake Energy said board members will take a 20% pay cut and no longer have personal use of company aircraft, the latest move by the embattled natural-gas company to placate critics.
Categories: Business News
Orange Juice Feels Supply-Demand Squeeze
Orange-juice futures dropped below $1 a pound in intraday trading for the first time in 2½ years.
Categories: Business News
Winnebago Gets Offer
Winnebago Industries received a $322 million takeover offer from a private-equity firm that wants to bring foreign car and truck assembly to the recreational vehicles maker.
Categories: Business News
For Gupta Trial, Tension and Tips
Lawyers for former Goldman Sachs director Rajat Gupta say he was estranged from convicted hedge-fund mogul Raj Rajaratnam at the time of some alleged tips. Prosecutors say the friendship broke down much later.
Categories: Business News
MF Global Trustee Collects $168 Million
J.P. Morgan agreed to hand over $168 million to a bankruptcy trustee representing customers of MF Global.
Categories: Business News
Dow Swoons for Sixth Day
A day billed as Facebook's coming-out party ended up marking a much gloomier event: the stock market's worst week in six months.
Categories: Business News
GM to Forgo Pricey Super Bowl Ads
General Motors has decided it won't advertise in the next Super Bowl, balking at steep ad rates as the auto maker overhauls its global marketing operations.
Categories: Business News
Judge to Rule in AMR Labor Trial by Late June
American Airlines will have to wait longer than previously expected for a bankruptcy judge's decision on whether the carrier can impose new labor contracts.
Categories: Business News
Repsol Cancels Argentine LNG Shipments
Spain's Repsol is canceling 10 LNG shipments to an Argentine public energy company that it says isn't honoring the supply contract.
Categories: Business News
India's Drug Proposals Spark Debate
India's government is facing stiff resistance from foreign and local pharmaceutical companies over its plan to severely limit prices for drugs.
Categories: Business News
Megabus to Expand Into Texas, California After Coach Deal
Megabus plans to expand its network of U.S. intercity coach services by 50%, purchasing assets from a rival to push into Texas and California.
Categories: Business News
Santander UK Depositors Pull $316 Million
Banco Santander's U.K. unit lost about $316 million of deposits on Friday as jittery customers worried about the lender's financial health.
Categories: Business News
Inside J.P. Morgan's Blunder
James Dimon personally approved the concept behind J.P. Morgan's disastrous trades, but didn't monitor how they were executed. A behind-the-scenes account offers details about the drama inside the bank.
Categories: Business News
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