Wall Street Journal
36 minutes ago
Lloyds Banking Group said that it is confident it can strengthen its capital position as demanded by the U.K. regulator without issuing new shares or being forced to convert bonds into shares.
57 minutes ago
Under pressure from an activist investor, Sony said its electronics business is on track for a 5% operating margin within two years, but scaled back its videogame targets.
1 hour 2 minutes ago
The Bank of Japan raised its assessment of the economy once again and stood pat on policy, showing confidence in its drastic easing program despite recent volatility in the bond market.
2 hours 29 minutes ago
The chief executive of resort company Baha Mar said he selected a team of former Las Vegas Sands executives to manage gambling operations of the $3.5 billion project he is building in the Bahamas.
4 hours 7 minutes ago
Australian consumer sentiment fell for the second straight month, denting hopes that households will lead a recovery as the long mining boom slows.
4 hours 17 minutes ago
More than half of U.S. doctors have switched to electronic health records and are using them to manage patients' basic medical information and prescriptions.
4 hours 20 minutes ago
Ford plans to increase its North American manufacturing capacity by 200,000 vehicles through a series of production-line expansions and a shortening of its summer shutdowns.
Renault and Nissan are expanding the capacity at their joint-venture factory in India by a third as part of their strategy to utilize the country as a global manufacturing hub and to tap potential growth in local demand.
South Africa's currency stumbled to a four-year low and the country's bonds sold off, signs that escalating labor unrest is starting to outweigh the lure of high yields for many investors.
The market for bonds backed by a single loan on commercial real estate is booming for the first time since the financial crisis.
Asian markets were higher Wednesday, with the Nikkei outperforming on a weaker yen while, investors awaited Fed Chairman Bernanke's testimony to congress later in the global day. The Nikkei rose 1.0%.
Japan posted its 10th straight monthly trade deficit—$8.58 billion in April—in a sign that a rebound in exports has yet to outweigh higher imports on the back of a weaker yen and greater energy needs.
New U.S. Energy Secretary Ernest Moniz raised the possibility of delaying further approvals for companies to export natural gas, saying he wants to review whether government studies of the issue are adequate.
Sales of insecticides are surging after years of decline, as U.S. corn planting expands and a genetic modification used to protect crops from pests has started losing its effectiveness.
Beleaguered Hewlett-Packard is a notable beneficiary of this year's reversal, with its shares having beaten once-highflying Apple's by 66 percentage points so far.