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WSJ.com: What's News US
What's News US

WSJ.com: What's News US
  • Merger Activity Is Boon to Goldman, Morgan Stanley
    Goldman Sachs and Morgan Stanley rode a wave of corporate deal making, helping bolster revenue in their traditional merger-advice and securities-underwriting businesses.

  • Wal-Mart to Launch Money-Transfer Service
    Wal-Mart is trying to shake up the money transfer industry with a new service that undercuts Western Union and MoneyGram with lower and simplified fees.

  • Microsoft Sold More Than 5 Million Xbox Ones
    Microsoft on Thursday said it has sold more than five million Xbox One consoles to retail shops since the product was launched in November.

  • American Securities Puts Prison-Phone Operator GTL on Block
    Global Tel*Link, the largest U.S. operator of prison phones, is being shopped by its private-equity owner, a move that follows a decision by federal regulators to cap the fees companies can charge for interstate inmate calls.

  • Grid-Attack Response Ignites Critics
    Regulations drafted to prevent a repeat of last year's attack on California substation are too loose to stop saboteurs, critics say.

  • What's Barnes & Noble's Survival Plan?
    Barnes & Noble Chairman Leonard Riggio again trimmed his holdings in the struggling book seller, fueling questions about the retailer's prospects. Shares fell 12%.

  • Investors Jump In After Canada Changes Marijuana Rules
    In Canada, it is now legal for any licensed company to grow and ship medical marijuana to patients—and illegal for patients to grow their own. The industry is drawing investments from hedge funds and private-equity firms in the U.S. and Canada.

  • S&P 500 Rises for Fourth Session
    The S&P 500 index gained Thursday, but disappointing reports from technology blue chips weighed on the Dow Jones Industrial Average.

  • Weibo Shares Jump 19% in Trading Debut
    China's version of Twitter, Weibo, surged as much as 44% on its first day on the Nasdaq, a reversal from the stock's lackluster pricing.

  • High-Speed Trader Virtu Puts Brakes on IPO
    High-speed trading firm Virtu Financial Inc. has pulled the plug on its initial-public-offering plans for now, due to market turbulence and controversy around the release of a book criticizing its industry, high-frequency trading.

  • Costs of GM Recalls Pile Up
    General Motors is spending about $1 million a day providing loaner cars and insurance, according to cost data provided by dealers, to 30,000 U.S. customers awaiting replacement parts for their vehicles.

  • Ford to Sell Lincoln Models in China
    Ford said it would sell five U.S.-made Lincoln models by 2016, offering new details of its plans to pitch its premium cars to Chinese buyers who now equate luxury with German vehicles.

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