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What's News US
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Updated: 1 hour 59 min ago

The New Credit-Card Tricks

2 hours 2 min ago
Just months after historic legislation banned certain billing practices, card issuers have dreamed up new ones designed to trip up consumers.


U.S. Growth Slows

2 hours 16 min ago
U.S. economic growth slowed in the second quarter to a 2.4% annual rate. Business investment was strong, but imports were a big drag and consumers contributed less.


U.S. Set to Downgrade Mexico Airline Rating

2 hours 30 min ago
The Federal Aviation Administration is set to downgrade Mexico's safety ranking, effectively restricting its airlines from codesharing with U.S. airlines and from expanding service between the two countries.


Merck's Profit Falls 52%

2 hours 50 min ago
Merck reported a 52% drop in profit, as the drug maker booked merger and restructuring costs.


Blue Chips Rose 7.1% in July

2 hours 56 min ago
The Dow industrials overcame an early 120-point decline to finish down by just one point on the day, but for the month of July the index rose 7.1%. The S&P 500 and the Nasdaq were up 6.9% for the month.


Disney Taps Lee as ABC Entertainment Chief

2 hours 58 min ago
Disney named Paul Lee, the head of its ABC Family cable-television channel, to run entertainment programming for the ABC network.


Chevron Profit Soars

3 hours 6 sec ago
Chevron's second-quarter earnings more than tripled, driven by higher oil prices and a surge in refining earnings.


Intel Nears Deal for Infineon Unit

3 hours 7 min ago
Intel is in advanced talks to acquire Infineon's wireless chip unit, whose products include cellular baseband chips used by Apple and other cellphone makers.


AWB to Merge With GrainCorp

3 hours 18 min ago
Australian agribusiness firms AWB and GrainCorp announced a surprise plan to merge under in a deal valued at about $1.8 billion.


Release of Toyota Documents Blocked, Ex-Official Says

3 hours 34 min ago
Senior officials at the Transportation Department have temporarily blocked the release of findings by auto-safety regulators that could favor Toyota in some crashes related to unintended acceleration, a recently retired agency official said.


General Motors To Boost Volt Production By 50 Percent

3 hours 53 min ago
General Motors says it will boost production capacity for its Volt electric car due to increased consumer interest.


Google: Not Sure If Beijing Behind China Disruption

3 hours 58 min ago
Google CEO Eric Schmidt said the company doesn't know if what now seems to have been a minor disruption of the search engine's availability in China Thursday was evidence of Beijing's power.


Nokia Siemens in Talks to Sell Stake

4 hours 22 min ago
Nokia Siemens Networks is talking to several buyout firms about a potential cash infusion of at least $1 billion in exchange for a minority stake in the telecommunications gear maker.


EU May Broaden U.S. Biodiesel Tariffs

4 hours 26 min ago
The EU is preparing to investigate whether U.S. biodiesel producers are routing their product to Europe through third countries in order to avoid tariffs imposed on U.S. shipments last year.


From Tiananmen Square to Possible Buffett Successor

4 hours 45 min ago
Li Lu, a student leader at Tiananmen Square, founded a hedge fund that has garnered an annualized compound return of 26% since 1998, and is now a leading candidate to run a chunk of Berkshire's $100 billion portfolio.


Chevron's Profit Soars

5 hours 16 min ago
Chevron's earnings more than tripled as the oil company benefited from increased production and prices, plus stronger refining margins.


Bernanke's Bottom Line

5 hours 18 min ago
Last year Ben Bernanke was able to make up for the losses his personal net worth suffered in 2008 thanks, in part, to the stock market recovery he helped bring about.


Deal Boosts Li's Standing in U.K.

5 hours 45 min ago
Tycoon Li Ka-shing's $9.1 billion acquisition of three U.K. power grids from Electricite de France will give him control of about a quarter of the country's power distribution.


How Gangsters Are Saving Euro Zone

6 hours 39 min ago
Gangsters, drug dealers and money launderers -- fans of the €500 note -- are playing their part to shore up the stability of the euro zone, Stephen Fidler writes.


Corporate-Bond Boom Gathers Steam

6 hours 52 min ago
The global corporate-bond boom is gathering steam as companies rush to take advantage of some of the lowest borrowing costs in history.


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