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Indonesia Upholds Chevron Worker Verdict

Wall Street Journal - Wed, 10/22/2014 - 2:15pm
Indonesia’s Supreme Court disclosed Wednesday that it has upheld a graft verdict against a local employee of Chevron Corp
Categories: Business

Business-Friendly Bureaucrat Helped Build Tax Haven

Wall Street Journal - Wed, 10/22/2014 - 12:37pm
Marius Kohl spent years engineering Luxembourg’s most valuable export: tax relief, which is now under pressure from the European Union.
Categories: Business

Packaging Dynamics on the Auction Block

Wall Street Journal - Wed, 10/22/2014 - 11:56am
Private-equity firm Kohlberg & Co. is looking to sell Packaging Dynamics Inc., according to people familiar with the matter.
Categories: Business

Norfolk Southern CEO Puts Brakes on Merger Talk

Wall Street Journal - Wed, 10/22/2014 - 11:36am
Norfolk Southern CEO Wick Moorman said he thought a major railroad merger would be “highly problematic.” Earlier in the day, the railroad operator said third-quarter earnings rose 16%, helped by increased freight traffic.
Categories: Business

General Dynamics Earnings Rise

Wall Street Journal - Wed, 10/22/2014 - 10:52am
General Dynamics Corp. on Wednesday reported forecast-beating quarterly profits and increased its 2014 guidance, with signs that orders for its core combat and information technology units have bottomed out.
Categories: Business

J&J to Test Ebola Vaccine in January

Wall Street Journal - Wed, 10/22/2014 - 10:32am
Johnson & Johnson said it would begin testing an Ebola-virus vaccine in humans in January and could have 250,000 doses available in May.
Categories: Business

Worries Cloud Biogen's Results

Wall Street Journal - Wed, 10/22/2014 - 10:18am
Concerns about the potential side effects of Biogen Idec’s key multiple-sclerosis treatment Tecfidera overshadowed the strong third-quarter results the biotech company posted Wednesday.
Categories: Business

Heineken Posts Lower Sales in Europe

Wall Street Journal - Wed, 10/22/2014 - 9:53am
Dutch brewer Heineken said its profit fell 4.8%, with lower sales in Europe offset by growth in emerging markets.
Categories: Business

Harvard Law Graduates Top Salary Survey

Wall Street Journal - Wed, 10/22/2014 - 9:43am
At $201,000 a year, school’s alumni earn more than those of any other U.S. graduate school by the midpoint in their careers, according to a survey by online salary-information company PayScale.
Categories: Business

Chicken-Wing Chain Wingstop Plots IPO

Wall Street Journal - Wed, 10/22/2014 - 8:43am
Chicken-wing chain Wingstop Restaurants Inc. is plotting an initial public offering, according to people familiar with the matter, the latest in a string of restaurant groups to eye the public markets.
Categories: Business

Boston Scientific Swings to Profit on Higher Sales

Wall Street Journal - Wed, 10/22/2014 - 8:03am
Boston Scientific Corp. swung to a profit on higher sales in the cardiovascular and rhythm management segments.
Categories: Business

Stanley Black & Decker Profit Soars 43%

Wall Street Journal - Wed, 10/22/2014 - 7:53am
Stanley Black & Decker Inc. said its profit rose 43% in the most recent quarter as the company boosted its margins and sales and results topped analysts’ expectations.
Categories: Business

Peugeot Revenue Rises in Third Quarter

Wall Street Journal - Wed, 10/22/2014 - 7:01am
Peugeot Citroën said revenue rose in the third quarter, boosted by strong growth in Europe and China.
Categories: Business

Northrop Grumman's Earnings Fall, but Beat Expectations

Wall Street Journal - Wed, 10/22/2014 - 6:52am
Northrop Grumman reported a 5% decrease in third-quarter earnings as the defense contractor works to reduce its pension costs.
Categories: Business

Xerox Revenue Edges Down 2.2%

Wall Street Journal - Wed, 10/22/2014 - 6:47am
Xerox Corp. said its revenue edged down 2.2% in the latest quarter as its document-technology business revenue continued to decline.
Categories: Business

ABB Reports Slump in Q3 Profit

Wall Street Journal - Wed, 10/22/2014 - 6:39am
ABB said third-quarter profit fell 12% but beat expectations, as the world’s largest maker of power grids cautioned that the global economic and political climate had created a murky outlook in the near term.
Categories: Business

China's Shandong Zhaojin Hunting for Gold Assets

Wall Street Journal - Wed, 10/22/2014 - 6:02am
Shandong Zhaojin Group, one of China’s largest gold producers, is in talks to acquire gold-mining assets in North America and Australia, Chairman Lu Dongshang said Wednesday.
Categories: Business

Yahoo Posts Higher Sales, Earnings

Wall Street Journal - Wed, 10/22/2014 - 6:02am
Yahoo reported a slight increase in revenue, helped in part by its growing mobile business, easing for now the pressure on CEO Marissa Mayer.
Categories: Business

BOE Officials Gloomier on Economy

Wall Street Journal - Wed, 10/22/2014 - 5:54am
Bank of England officials grew gloomier about the U.K.’s economic prospects in October, citing increasing headwinds from overseas and a slowdown at home, according to minutes of this month’s policy meeting.
Categories: Business

Bosses Seek 'Critical Thinking,' but What Is That?

Wall Street Journal - Wed, 10/22/2014 - 5:48am
Critical thinking is a critical skill for young workers these days, but what bosses mean by that and how to measure it is less clear.
Categories: Business
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