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

WSJ.com: What's News US
  • Nonbank Mortgage Lenders Bounce Bank
    In the first half of the year, lenders that aren't banks made almost a quarter of all mortgage loans, the highest level since at least the financial crisis.

  • Argentina's Low Foreign Reserves Hit Peso
    Argentina's international reserves are starting to dwindle in the wake of the country's second sovereign-debt default in almost 13 years, putting added stress on the peso and an economy believed to be in recession.

  • Argentina, Malaysia Reach Shale-Oil Deal
    YPF and Malaysia's Petronas are establishing a joint venture to drill for shale oil in Argentina's massive Vaca Muerta formation.

  • New Street Entity Aims to Integrate Client Data
    The Depository Trust & Clearing Corp. has launched a new venture with six big banks to shed more light on Wall Street's web of counterparty relationships.

  • Alibaba's Results Jump Ahead of IPO
    Alibaba reported big growth in revenue from mobile devices, which may bolster its case next month when the Chinese e-commerce giant begins to pitch investors on its long-awaited initial public offering.

  • NLRB Case Tests Who Employs Contract Workers
    The National Labor Relations Board is considering action that would makes businesses more responsible for contract workers.

  • M&T-Hudson City Merger Still Stalled After Two Years
    Two years ago, M&T Bank Corp. announced a $3.7 billion deal to buy Hudson City Bancorp. But regulators at the Federal Reserve have held up the deal ever since, a move that is widely seen as having helped chill the merger market for banks.

  • State Licensing Boards Under Fire From Within
    The Supreme Court will take up an antitrust case this fall that could curb the proliferation of state licenses, a top worry for U.S. small-business owners and entrepreneurs.

  • Telef√≥nica, Telecom Italia Jostle for Vivendi's GVT
    Spanish telecom giant Telefónica sweetened its bid for Vivendi's Brazilian operator GVT to $9.83 billion in cash and shares, following a rival bid by Telecom Italia.

  • Kia Wrestles With Sibling Hyundai
    South Korea's Kia Motors has become one of the world's most successful auto brands some 16 years after it was rescued from bankruptcy by Hyundai. Now it faces a new challenge: overcoming competition from its savior.

  • Saab Auto Owner Goes Bust
    The Chinese-backed company that bought Sweden's Saab auto brand out of bankruptcy has filed for bankruptcy protection itself.

  • Poor Cities Can Get High Credit Ratings
    Detroit's bankruptcy case cast a cloud of doubt over other U.S. cities with large populations of poor residents, but a surprising number of them are in relatively good financial shape.

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