Wall Street Journal - US Business News
Diebold Taps CEO for Turnaround
Diebold has hired Andy W. Mattes, a former Hewlett-Packard executive, to lead the struggling maker of automated teller machines.
Categories: Business News
CRU, After Libor Scandal, Audits Steel Prices in Index
A key price compiler in the global steel industry said it will begin auditing its data providers, part of an effort to address concerns about transparency in price indexes following the Libor rate-fixing scandal.
Categories: Business News
Telenor to Bid for Myanmar License
Norwegian telecommunications company Telenor, already well-established in Asia's emerging markets, is hoping for an early entrance into the world's last major untapped market: Myanmar.
Categories: Business News
Casino Tycoon Invests in Budget Carrier
Shun Tak, the shipping and property arm of Stanley Ho's business empire, will pay up to $66 million for its stake in budget carrier Jetstar Hong Kong.
Categories: Business News
Pepsi Denies SodaStream Talks Report
PepsiCo denied a report in an Israeli newspaper that it is in talks to acquire SodaStream, the maker of countertop machines that turn tap water into soda.
Categories: Business News
Broadcom Seeks Emerging Market Push
U.S. chip designer Broadcom is moving to tap the fast-growing market for low-cost smartphones by forming partnerships with local carriers and handset makers in emerging markets.
Categories: Business News
U.S. Bancorp Unit Sued Over Role in Peregrine Fraud
The Commodity Futures Trading Commission sued U.S. Bank, a unit of U.S. Bancorp, for not protecting customer money that was at the center of the Peregrine Financial Group fraud.
Categories: Business News
China Supercomputer Poised for Top Rank
U.S. researchers are bracing for the prospect that China will once again have the world's fastest computer—and could hang on to the speed crown for some time.
Categories: Business News
China's Jinchuan to Cut Copper Supply by Half
A major Chinese copper producer has declared force majeure at one of its smelters in a glitch that is likely to reduce its supply by half for the next few months.
Categories: Business News
Koch Confirms Interest in Acquiring Newspapers
Billionaire Charles Koch confirmed that his company is looking at acquiring newspapers, but said he wants a profitable business, not a forum to advance his politics
Categories: Business News
Monsanto Weighs Sabotage as Cause of Wheat Incident
Monsanto said it is considering sabotage as a possible cause of the finding of unapproved genetically modified wheat in an Oregon field and that its testing reaffirms the incident is isolated.
Categories: Business News


