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WSJ.com: US Business
US Business

WSJ.com: US Business
  • GM Seeks Deep Cuts at Opel
    GM is preparing to disclose "horrendous" fourth quarter losses at its European Opel/Vauxhall unit and is demanding deep cuts from labor unions there.

  • Yahoo Shakes Up Board
    Yahoo said Chairman Roy Bostock and three other directors have volunteered not to stand for re-election to the company's board. The company named two new outside directors.

  • Caesars Prices Offering at $9 a Share
    Caesars priced 1.81 million shares of its stock at $9 a share to raise around $16.3 million, a small amount but one that opens the door for some investors to cash out.

  • Glaxo Repatriates Euro-Zone Cash
    Glaxo has been funneling cash back to the U.K. daily from banks in euro-zone countries as part of its strategy to reduce exposure to risks of a possible breakdown of the European monetary system.

  • Investors Squawk at Xstrata's Big Deal
    Large shareholders of Xstrata came out against the company's plan to merge with Glencore International, highlighting what could be a difficult task selling the giant deal to shareholders and regulators.

  • Payout Doubles for MasterCard
    The credit-card processor said it will double its quarterly dividend after a strong year in which it grew profit and revenue despite new regulations and mounting economic pressures.

  • Mexico's CFC Details Mobile Decision
    Mexico's antitrust agency confirmed that it rejected a proposed joint venture between broadcast and media company Grupo Televisa and mobile-phone operator Grupo Iusacell, but said the decision could change on appeal if the two sides address problems the deal would create in the TV-advertising market.

  • AIG Chairman Heads for Hawker
    American International Group will review its list of candidates to succeed Chief Executive Robert Benmosche after the company's chairman took a job as CEO of Hawker Beechcraft.

  • Apple Asked Standards Body for Patent Rules
    Apple has asked a telecommunications standards body to set basic principles governing how member companies license their patents, an increasingly contentious topic.

  • Times of London Apologizes to Court
    James Harding, the editor of the Times of London, acknowledged the newspaper misled a British High Court about a 2009 email hacking incident. He sent an apology to the court's judge.


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