Wall Street Journal
HSBC Assures Investors on Profitability
26 minutes ago
HSBC said it expects to hit the top end of its $2.5 billion to $3.5 billion cost-savings target by the end of 2013.
Spanish Yields Rise on Euro Concerns
1 hour 9 minutes ago
Spain's borrowing costs lurched higher as doubts over Greece's future in the euro spurred fears that other nations could be the next weak links.
European Stocks See Slight Rise
3 hours 50 minutes ago
European stocks opened little changed as investors pause to take stock of recent events in the euro zone.
Pinterest Valued at $1.5 Billion
6 hours 8 minutes ago
Pinterest, the online scrapbooking website that has become the latest Silicon Valley darling because of its rapid user growth, has raised $100 million in a financing round that values the start-up at $1.5 billion, said people familiar with the matter.
3M Begins Untangling Its 'Hairballs'
Yesterday
3M, which used to have a convoluted production process for some products, is trying to untangle these "hairballs" to cut costs.
Asian Markets Open Mixed
Yesterday
Asian markets were mixed early Thursday after Wednesday's heavy selling, with Japanese stocks edging higher after the economy grew faster than forecast last quarter.
SEC Probes Role of Fund in CDOs
Yesterday
U.S. securities regulators are investigating hedge-fund firm Magnetar Capital, which bet on several mortgage-bond deals that wound up imploding during the financial crisis.
GM Claims Immunity for Old Cars
Yesterday
GM pushed a lawyer to drop a potential punitive-damages claim involving a prebankruptcy vehicle involved in a fatal accident, asserting a level of immunity in that some lawyers claim is a stretch.
Unknowns Loom If Greece Exits Euro
Yesterday
Returning to a national currency after more than a decade of using the euro and having its money managed by the ECB would catapult Greece into a financial, legal and political no-man's land.
Boyd to Buy Peninsula Gaming for $200 Million
Yesterday
Boyd Gaming agreed to acquire fellow casino operator Peninsula Gaming for $200 million in cash, expanding its presence in the U.S. Midwest and South.
'Dallas' Remake to Air on TNT
Yesterday
Turner Broadcasting told advertisers at the annual "upfront" presentation that it plans to add 14 new original shows to its TNT and TBS cable networks. They include a remake of "Dallas," with Larry Hagman reprising his role as J.R. Ewing.
Time Warner Cable, Viacom Settle iPad Dispute
Yesterday
Time Warner Cable said it will resume live streaming of some Viacom-owned TV channels to customers' iPads following a legal settlement with Viacom.
Coty Chooses Banks for IPO
Yesterday
Coty picked Bank of America Merrill Lynch and J.P. Morgan Chase as lead underwriters for an IPO, likely this summer or in early fall. The IPO plan follows Coty's decision to walk away from its offer for Avon.
Dish Plugs Ad-Skipping DVR---in Ads
Yesterday
Dish Network is promoting its new "Auto Hop" ad-skipping DVR with a marketing campaign that, ironically, uses TV commercials
Apple Moves to Larger iPhone Screens
Yesterday
Apple is likely to increase the screen size on its coming iPhone. The company is asking Asian suppliers to make screens measuring at least 4 inches diagonally. The current iPhone has a 3.5-inch display.
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