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

WSJ.com: What's News US
  • Oil Boom Returns to Gulf of Mexico
    Four years after the Deepwater Horizon disaster, giant new oil projects are returning to the Gulf of Mexico—bigger and more expensive than ever.

  • Record Bids in U.S. Airwave Auction
    A U.S. auction of wireless spectrum has collected $34 billion in bids, turning what was expected to be a relatively sleepy affair into a major windfall for taxpayers and posing enormous commitment of capital for the carriers.

  • Christie's Hong Kong Evening Sale Draws $82 Million
    Buyers snapped up works by Japanese and Southeast Asian artists at Christie’s evening sale in Hong Kong on Saturday totaling 635 million Hong Kong dollars (US$82 million).

  • Central Banks in New Push to Prime Pump
    The People’s Bank of China and European Central Bank moved Friday to pump up flagging global growth, boosting stock markets but raising questions about the limitations of central-bank intervention.

  • Putin Ally Sees Further Ruble Weakening
    The ruble will weaken gradually in the next two years, but the sharp fluctuations seen in recent months are unlikely to reoccur, former Russian Finance Minister Alexei Kudrin said on Saturday.

  • Elite Law Firms Lift Bonuses
    Three big law firms, Simpson Thacher, Paul Weiss and Clearly Gottlieb, are raising year-end bonuses for associate attorneys by as much as $40,000, partly reflecting this year’s resurgence in lucrative M&A work.

  • Why Barnes & Noble Is Selling Beer Kits
    Barnes & Noble is diversifying into gifts like popcorn makers and turntables for the holidays, part of a new merchandising strategy as it tries to reverse declines in store traffic and prepares to split up.

  • European Critics Envision Google's 'Unbundling'
    Some European legislators, with German government backing, are preparing a draft resolution calling for the breakup of Google, adding pressure on the EU’s new competition chief to proceed forcefully.

  • Dow Chemical, Loeb Settle Board Dispute
    Dow Chemical and Dan Loeb’s Third Point settled a looming proxy fight Friday by adding four new directors next year, including two the activist investor had proposed.

  • Is This Indonesia's Amazon.com?
    Online retailer Lazada Indonesia has faced challenges in a country where the e-commerce market is still small. But the startup’s backers are plowing ahead, hoping to get a head start over Amazon, Alibaba and eBay.

  • New York Fed Chief Lambasted
    Sen. Elizabeth Warren told New York Fed president William Dudley to fix alleged lax oversight of big banks “or we need to get someone who will.”

  • European Telecoms Bet on 4G
    Iliad and other European telecom groups are rushing to invest in data-handling capabilities and faster fourth-generation wireless networks, as consumers use their phones more as devices for messaging apps and video.


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