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

WSJ.com: What's News US
  • 25 Eurozone Banks to Fail Stress Tests
    About 25 eurozone banks failed the European Central Bank’s financial-health checks, although more than half have taken the necessary steps to shore up their balance sheets this year.

  • iTunes Sees Drop in Music Sales
    Digital music sales at Apple iTunes store have fallen 13% to 14% world-wide since the start of the year, according to people familiar with the matter, underscoring the fragility of the music industry’s nascent recovery.

  • Indonesia Plays Legal Hardball
    Indonesian prosecutors are increasingly bringing criminal charges against employees of large companies for allegedly causing losses to the state, a development that is chilling the business community there.

  • Tycoon Arrested as Vietnam Revives Bank Cleanup
    Police in Vietnam have arrested Ha Van Tham on allegations of fraud while chairman of the Ocean Commercial Joint Stock Bank, signaling the Southeast Asian country is reviving its efforts to restructure its banking system.

  • P&G to Shed Duracell
    P&G said it plans to exit its Duracell business, with plans to carve off the leading battery brand with $2 billion in global sales into a separate company. The plan was announced as P&G reported flat sales and a 34% profit drop for its fiscal first quarter.

  • Ford's Profit Falls 34%
    Ford said third-quarter income fell 34% from a year ago to $835 million as lower truck production and higher warranty and recall costs hurt results in its core North American operations and losses in Europe widened.

  • AT&T Risks Losing Prized Wireless Customers
    AT&T is enjoying its lowest-ever “churn” rate, but is also facing an uncomfortable situation: up to 10 million of its most lucrative wireless customers may be free to walk out the door.

  • Roku Working on Plans to File IPO
    Roku Inc., maker of streaming media players, TVs, and software, is working on plans to file confidentially for an initial public offering, according to people familiar with the matter.

  • U.S. to Name New Auto-Safety Chief
    The Obama administration is close to naming a permanent top auto-safety regulator amid criticism of the agency’s handling of large air-bag recall, which an administration official on Friday called “suboptimal.”

  • Chiquita Ends Banana Deal
    Chiquita has terminated its deal with Irish food company Fyffes and said it instead plans to enter negotiations with Cutrale-Safra, the coalition between a Brazilian orange juice maker and an investment firm.

  • FCC Delays Airwaves Auction
    The Federal Communications Commission said it is delaying to 2016 a highly anticipated spectrum auction in which TV broadcasters will sell airwaves so they can be used for mobile broadband.

  • H-P Shops China Networking Unit
    H-P is seeking a buyer for its corporate-networking business in China, in a deal that could return the operation to local control, according to people familiar with the situation.


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