WSJ.com: What's News US


    China Stimulus Stays Through 2010
    China's top leadership said it would keep policies to support growth in place through 2010, despite concerns about the effects of more powerful stimulus on the world's fastest-growing major economy




    GM's Saab Draws Fresh Interest
    General Motors' Saab has received serious expressions of interest from potential buyers since Tuesday's collapse of a deal to sell the brand to another firm.




    Peter Cohen's Back, on Smaller Stage
    The 63-year-old former Shearson chief, of "Barbarians at the Gate" fame, is now running Cowen Group, one of many small firms trying to muscle their way up the Wall Street ladder.




    'B' Shares Sent to Detention
    Mutual-fund firms are giving B shares an F—and kicking them out of school. One adviser calls them a "rip-off."




    EU Names Antitrust Chief
    Barroso proposed Joaquín Almunia to be the EU's new antitrust chief and center-right Belgian Karel De Gucht to be trade commissioner.




    Insurers Nearing Regulatory Victory
    State insurance regulators are moving closer to adopting a proposal that would add at least $11 billion in capital for insurers.




    DynCorp Fires Executive Counsel
    DynCorp fired a top lawyer in the wake of disclosing that some of its subcontractors may have broken U.S. law.




    Renault to Bolster Russia's AvtoVAZ
    Renault agreed with Russia to put jointly about $3 billion into ailing auto manufacturer AvtoVAZ, as the French maker tries to salvage a risky investment that turned sour.




    Investment Firms Buy Into Sina
    Three investment firms are joining Sina's management to invest $180 million in a bid to reinvigorate China's largest Internet portal.




    China Sells First 50-Year Bond
    China sold its first 50-year government bond, a move that expands its domestic debt market and places the country in a small league of nations that have issued ultra-long sovereign debt.




    Canada's Top Court Backs Wal-Mart
    Canada's top court has ruled in favor of Wal-Mart Stores' Canadian unit regarding the closure of a unionized store in Quebec four years ago.




    ING to Raise $11.2 Billion
    Dutch Financial Company ING has priced its $11.2 billion rights issue at a hefty discount in a move aimed at repaying half the state aid it received during the financial crisis.




    Truce Opens Door for AIG, Greenberg
    AIG said it has agreed to settle all legal disputes with former chairman Hank Greenberg, former CFO Howard Smith and two companies headed by Greenberg.




    Geely Moves Ahead in Volvo Talks
    China's Zhejiang Geely Holding Group said it had reached a deal with Ford Motor on intellectual-property rights in its bid for the U.S. company's Volvo unit.




    Japan Spending Weak, Prices Fall
    Japanese consumer spending sputtered and deflation remained entrenched in Japan last month, underscoring weakness in the economy as Tokyo grapples with a surge in the yen.




    Tata Motors Swings to Profit
    Tata Motors swung to a consolidated net profit for its fiscal second quarter from a net loss last year.




    Investors Buy $1.4 Billion San Miguel Stake
    The deal from a group of friendly investors could back the conglomerate's management as it diversifies and increases its holdings in power and telecommunications.




    Dubai Jitters Spread
    Dubai's debt debacle is stoking a new fear for investors across the globe: potential government default by heavily indebted nations.




    Dozens Die in Russian Train Crash
    A train crash in Russia that killed dozens of people and injured many more may have been sabotage, the state railway company said, raising fears that the train was the target of a terrorist attack.