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Regulators Find Litany of Problems at Deutsche Bank in U.S.

Wall Street Journal - Tue, 07/22/2014 - 11:25pm
An examination by the Federal Reserve Bank of New York found that Deutsche Bank AG's giant U.S. operations suffer from a litany of serious financial-reporting problems that the lender has known about for years but not fixed, according to documents reviewed by The Wall Street Journal.
Categories: Business

Chinese Officials Say Shanghai Husi Food Violations Company-Led

Wall Street Journal - Tue, 07/22/2014 - 10:51pm
Chinese food safety officials accused a U.S.-owned Chinese meat supplier, Shanghai Husi Food, for signing off on sales of expired meat.
Categories: Business

WSJ Takes Some Computer Systems Offline After Intrusion

Wall Street Journal - Tue, 07/22/2014 - 10:43pm
Computer systems housing The Wall Street Journal's news graphics were hacked by outside parties, according to Journal publisher Dow Jones & Co.
Categories: Business

Dick's Lays Off More Than 400 PGA Golf Instructors

Wall Street Journal - Tue, 07/22/2014 - 10:36pm
A spokeswoman for the PGA of America said more than 400 of its members who were employed as golf instructors at Dick's were notified on Tuesday that they would be laid off.
Categories: Business

Electronic Arts Posts Solid Profit Rise

Wall Street Journal - Tue, 07/22/2014 - 10:24pm
Electronic Arts reported solid profit growth in its first fiscal quarter, benefiting as consumers snapped up videogames for the latest generation of consoles.
Categories: Business

Congress Splits Over Taxing of Corporate Inversions

Wall Street Journal - Tue, 07/22/2014 - 10:18pm
Lawmakers concerned about companies reincorporating overseas to avoid U.S. taxes split along partisan lines over whether legislation should take aim at businesses that have relocated.
Categories: Business

Connecticut Court to Revisit Protection for Whistleblowers

Wall Street Journal - Tue, 07/22/2014 - 10:14pm
Connecticut's highest court is set to weigh in on a case against UBS that could limit protections for whistleblowers in the state.
Categories: Business

Danone Weighs Expansion Opportunities

Wall Street Journal - Tue, 07/22/2014 - 10:04pm
Danone has launched a strategic review to ensure its long-term growth, amid renewed speculation over whether the French dairy group can survive as a stand-alone company.
Categories: Business

For Apple, iPhone Roars and iPad Whimpers

Wall Street Journal - Tue, 07/22/2014 - 10:01pm
Apple reported a 13% jump in iPhone sales as it heads into a major refresh of the company's flagship product, but iPad sales slid for the second consecutive quarter.
Categories: Business

McDonald's Expects More Challenges

Wall Street Journal - Tue, 07/22/2014 - 9:57pm
McDonald's is trying to fix the fundamentals of its business as the fast-food company plans for more weakness this year.
Categories: Business

Clippers Will Suffer If Sterling Stays, Interim CEO Says

Wall Street Journal - Tue, 07/22/2014 - 9:55pm
The interim chief executive of the L.A. Clippers said that embattled owner Donald Sterling's reputation has become so unfavorable that the team could lose its head coach, season ticket holders and corporate sponsors.
Categories: Business

Herbalife Rallies in Face of New Attack by Ackman

Wall Street Journal - Tue, 07/22/2014 - 9:52pm
William Ackman had promised a "death blow" against Herbalife. Wall Street instead gave new life to the nutritional-supplement company's stock.
Categories: Business

Soybean Shift Pressures DuPont

Wall Street Journal - Tue, 07/22/2014 - 9:46pm
Farmers' preference for planting soybeans over corn will continue to challenge DuPont Co., one of the world's largest sellers of high-tech seeds, executives said Tuesday.
Categories: Business

Coca-Cola's Earnings, Revenue Slide

Wall Street Journal - Tue, 07/22/2014 - 9:35pm
Coca-Cola's soda volumes resumed growth but profit and revenue slipped on weaker foreign currencies and higher marketing costs.
Categories: Business

Microsoft's Net Takes Hit on Nokia

Wall Street Journal - Tue, 07/22/2014 - 9:28pm
Microsoft said its quarterly profit declined as the company absorbed a financial hit from acquiring Nokia's money-losing cellphone business.
Categories: Business

As Phone Growth Slows, Carriers Turn to Tablets

Wall Street Journal - Tue, 07/22/2014 - 9:24pm
Wireless companies have been jockeying for new subscribers in a market where there are more active cellphone plans than there are people. Carriers have found the answer in tablets.
Categories: Business

Comcast's Profit Rises 15%

Wall Street Journal - Tue, 07/22/2014 - 9:08pm
Comcast's second-quarter profit rose 15%, as it reduced its rate of video-subscriber losses, posted an increase in high-speed Internet customers and boosted profit in its NBCUniversal entertainment arm.
Categories: Business

As Cereal Slips, New Battle Over Breakfast

Wall Street Journal - Tue, 07/22/2014 - 9:07pm
Americans' shift to low-carb, high-protein foods has sapped sales for Kellogg and other cereal makers but could be a boon for McDonald's, Taco Bell and other fast-food chains.
Categories: Business

Tel Aviv's Tech Hub Scrambles Amid Disruptions

Wall Street Journal - Tue, 07/22/2014 - 9:05pm
Israel's battle with Hamas has some tech entrepreneurs in Tel Aviv scrambling to staff their startups and keep to their travel plans.
Categories: Business

Fox Mindful of Debt as It Eyes Time Warner

Wall Street Journal - Tue, 07/22/2014 - 8:54pm
Ever since his News Corp survived a bruising liquidity crisis in the early 1990s, Rupert Murdoch has been careful to avoid getting overextended financially. But his pursuit of Time Warner could test that philosophy.
Categories: Business
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