Remember Mali? The landlocked Saharan state captured global headlines in January when France intervened to stop the country from being overrun by jihadist fighters. This week Mali concluded a (mostly) peaceful presidential election, with ...
WASHINGTON—The Pentagon Thursday unveiled a series of initiatives and policy changes designed to improve how the military responds to sexual assaults, steps defense officials hope will quell calls for a far-reaching overhaul of the military ...
Have the city officials of Richmond, Calif., never heard of the law of unintended consequences ("City Sued Over Mortgage Plan," U.S. News, Aug. 8)? I can almost assure them that the first day they seize (steal) and buy mortgages at a price ...
"Lee Daniels' The Butler " was inspired, a title card says, by a true story. That usually means the line between fact and fiction has been blurred, but this time there's no line to blur. The butler, Cecil Gaines, is a fictional creation, an ...
Your Aug. 3 editorial "Peter Flanigan's Choice" rightly reminds us of Peter Flanigan's belief that access to a decent education is every child's civil right. We have a lot of work to do if we are to ensure this right is upheld.
Regarding your editorial "A Welcome Rebuke to Putin" (Aug. 8): President Obama's decisions relating to embassy closings, empty announcements of aid to Syrian rebels, and now his "disappointment" with Vladimir Putin's slow-timed decision to ...
Rick Smith says Internet sales taxes and the audits accompanying them will be the end of his business ("Calling Foul on the Marketplace Fairness Act," op-ed, Aug. 8). Perhaps, but if the trucking industry is any indication, that won't be ...
NEW YORK—Silver settled in bull-market territory, while gold set a fresh eight-week high, as concerns about violence in Egypt and losses in equity markets led investors to buy haven assets.
East Asia is facing another nuclear dilemma, and this time it isn't North Korea. Japan, Taiwan and South Korea are all debating their domestic nuclear-power programs, which are endangered by natural disaster, corruption, nervous politics ...
When Britain's Conservatives took a drubbing last spring in local elections, party stalwarts blamed "wind-turbine Toryism"—a reference to Prime Minister David Cameron's faddish energy policies that have sent gas and electricity prices ...
The death toll from Egypt's wave of violence on Wednesday climbed to at least 525, fueling anger and deepening the political cleavages in the Arab world's most populous nation.
MOSCOW—Former National Security Agency contractor Edward Snowden and his father spoke for the first time since late May early Thursday, going against the wishes of their lawyers and reflecting growing rifts among family and advisers of the ...
In "Big Transparency for the NSA" (op-ed, Aug. 2), Timothy Edgar argues against both real transparency and rule of law. Throughout the piece, we are asked to trust the fact that he personally has seen the (largely secret) safeguards to our ...
MELBOURNE, Australia—Rio Tinto plans to lay off as many as 1,700 employees and contractors at its new multibillion-dollar Mongolian copper and gold mine amid a dispute with the government over investments and management of their Oyu Tolgoi ...
Your editorial "The Blue State Reckoning" (Aug. 12) on government pension costs after decades of overpromising and underfunding describes what was a foreseeable and fixable problem for many years. Twenty-five years ago many corporations ...
BRUSSELS—Senior European diplomats will meet Monday to begin considering what action to take in response to the bloody crackdown on protesters by Egypt's interim authorities and the imposition of a state of emergency.
The finest English-language portrayal of the fate that came calling for the Baltic States in 1939 is William Palmer's "The Good Republic," a short novel written on the eve of the breakup of the U.S.S.R. that evokes both the horror that ...
NEW YORK—A judge on Thursday said he has doubts about approving AMR Corp.'s plan to exit bankruptcy through a merger with US Airways Group Inc. in light of the Justice Department's antitrust lawsuit that threatens to block the deal.
Companies from outside the euro zone are issuing bonds in euros at the fastest pace in four years, highlighting growing confidence in the common currency and a further sign that the worst of the region's debt crisis might be over.
A trial has been set for next May to determine potential monetary damages against Apple Inc. after a federal judge found last month that the technology company colluded with publishers to drive up the price of electronic books.
We've all heard stories about entrepreneurs who launch blockbuster startups. But what about the person right behind them, the first employee they hire?
Ford Motor Co. will lower the fuel economy claim for its C-Max hybrid in response to complaints from consumers and an investigation by the Environmental Protection Agency, a person familiar with the matter said.
Stock and bond prices tumbled after stronger-than-expected economic data raised investor anxiety about a pullback next month in central-bank support for financial markets.
Enterprise-technology companies should be a dynamic bunch. But investors are right to treat them like the pack of dinosaurs they have become.
Sony Corp. has reached a preliminary agreement with Viacom Inc. to carry the media company's cable channels on its planned Internet-based TV service, a person familiar with the matter said, a significant boost for the Japanese company as it ...
BEIRUT—A car bomb ripped through a southern Beirut district on Thursday, the second bombing to target a stronghold of the Shiite party Hezbollah in just over a month, killing 14 people and wounding more than 200.
Sometimes the planets of politics align. Within days of President Obama's decision last week to appoint a civil-liberties "adversary" inside the U.S.'s antiterrorism surveillance program, a federal judge created a "monitor" to oversee the ...
TOKYO—Japanese Prime Minister Shinzo Abe and his top officials stayed away from a controversial Tokyo war shrine on a key World War II anniversary Thursday, avoiding a head-on crash with neighbors critical of his hawkish policies. Still, ...
Wal-Mart Stores Inc. deepened the gloom around retailers' results Thursday, reporting weak sales that it said will continue through the year as its low-income customer base remains cautious.
BEIJING—When the year began, most of the world's biggest telecommunications companies were lining up behind a single technical standard for the next generation of high-speed smartphones and other mobile gadgets. Then in March, China Mobile ...
A hacker group calling itself the Syrian Electronic Army on Thursday claimed responsibility for a cyberattack that affected news sites including Washingtonpost.com and CNN.com.
Egyptian bonds sold off Thursday and the cost to insure the country's debt against default rose after violence escalated in Cairo and political turmoil gripped the country.
PINE RIDGE, S.D.—In a historic vote this week, residents of this sprawling Indian reservation narrowly approved a referendum to end the prohibition on alcohol that has been in place here almost continuously for more than a century.
A cornerstone of China's financial edifice is beginning to show some cracks.The country's banking sector, a key part of a financial system that has powered China through three decades of breakneck expansion, is feeling the strain of years ...
European stocks snapped a five-day winning streak Thursday after U.S. labor-market data and inflation figures reinforced expectations the Federal Reserve could start reining in stimulus measures as soon as next month.
Longer trading hours in the U.S. corn futures-market have exposed it to more-violent price swings, according to research by the Federal Reserve Bank of Kansas City.
The euro zone is on the rise, and so are Spanish bonds. The yield gap between Spanish and German 10-year bonds has contracted to 2.55 percentage points, its narrowest level in more than two years, according to Tradeweb. Stronger economic ...
U.S.-based retail lender Citibank will seek to sell access to its Asian-Pacific branch network to life insurers in one of the biggest such deals of its kind, people familiar with the matter said Thursday.
STOCKHOLM—Clothing retailer H&M; Hennes & Mauritz AB said it is looking at Ethiopia as a new place to have its fashions made as it seeks to keep the shelves of its growing number of stores stocked.
Federal air-crash investigators recovered both the flight-data and cockpit-voice recorders from the wreckage of the United Parcel Service Inc. cargo jet that crashed Wednesday while approaching to land in Birmingham, Ala.
The U.S. dollar swung wildly as investors sorted through mixed data, speculating on the future of the Federal Reserve's bond-buying program.
SHANGHAI—Worried about a boom in lending by the country's fast-growing "shadow banks," China created a cash crunch in June to squeeze their source of funding.
Hundreds of people died Wednesday in Egypt in clashes that were sparked when Egypt's military regime brutally cleared Muslim Brotherhood protests in Cairo. See where some of the events took place
KIEV—Ukrainian exporters are complaining about costly delays at the border for shipments of goods from steel to beer that they blame on tough new checks by Russian customs, checks that some in Kiev see as a tactic by the Kremlin to press ...
Philadelphia Mayor Michael Nutter on Thursday said the city will seek to borrow $50 million to avoid a delayed start to the public-school year for 136,000 students.
Too much, too soon. With the rise in U.K. house prices this year, house-building stocks have been on a tear. But the sector dropped 6.2% Thursday on investors' worries about the prospect of a rise in interest rates, which the new Bank of ...
COOPERSTOWN, N.Y.—Major League Baseball is expanding its video review process next season, giving managers a tool they've never had.Commissioner Bud Selig calls it a historic moment for the game in a press conference in Cooperstown after ...
EDGARTOWN, Mass.—President Barack Obama condemned the deadly violence in Egypt and said the U.S. is canceling plans to hold joint military exercises with the country next month.
SHANGHAI—UBS AG, a district government in Shanghai, and an insurance company are starting a public-housing investment fund that could use public-private financing to help China build more low-cost homes.
To hear it from doomsayers in the NCAA, college sports faces a potentially devastating threat.The alleged danger: a lawsuit brought by former and current college athletes, seeking a share of NCAA revenues.
International reaction to the Egyptian military's crackdown against protest camps Wednesday morning was swift and strident, with Turkish leaders who are ideologically close to the ousted President Mohammed Morsi calling the move a ...
Hong Kong is bracing for a devastating bout of mayhem and destruction next year at the hands of mammoth robots. The territory will barely have had time to rebuild after being crushed to rubble by giant sea creatures this summer. And as if ...
Marathon Oil Corp. and BP PLC said they are evacuating some workers from the Gulf of Mexico as a storm makes its way from the Caribbean Sea toward the U.S. gulf waters.
The Internal Revenue Service still isn't processing tea party applications for tax-exempt status, according to an IRS agent recently interviewed by the House Ways and Means Committee.
Michigan has voted Democratic in the past five presidential elections, though the GOP has had success in state-wide contests. Two of the past three governors, for example, have been Republicans, including current Gov. Rick Snyder. So why is ...
WASHINGTON—A federal judge threatened to further crimp a once-lucrative profit center for banks and credit-card companies, saying they may need to reimburse retailers potentially billions of dollars in debit-card transaction fees he ...
Pitching practices: Join a live video chat on pitching angel investors today at 2 p.m. EDT with pitching coach Nathan Gold and Priceline.com founding CTO T. Scott Case. Plus, see what The Accelerators mentors have to say about building a ...
Noncompete agreements: More employers are requiring their new workers to sign "noncompete" agreements, which they say are needed to prevent insiders from taking trade secrets, business relationships or customer data to competing firms when ...
The couple was in their mid-50s with two sons aged 16 and 18. The husband worked at a large, publicly traded company, but much of the family's net worth of $8 million was tied up in illiquid assets such as a lake house and company stock and ...
Some municipal closed-end bond funds, including Michigan-specific funds, are trading at appealing discounts following interest-rate increases and Detroit's bankruptcy filing.
A rise in market interest rates in the euro zone and the U.K. in recent weeks suggests investor confidence in central banks' forward-guidance plans may be on the wane, just weeks after the European Central Bank and the Bank of England ...
Rising prices for a broad range of consumer items in July pushed overall inflation up from historically low levels, a development that could reassure Federal Reserve officials as they consider dialing back their bond-buying program in ...
PENRITH, Australia—In a tight Australian election campaign, this bustling city at the foot of Sydney's picturesque Blue Mountains range has become ground zero for the nation's politics.
Chip maker Maxim Integrated Products Inc. agreed to purchase Volterra Semiconductor Corp. for about $605 million, helping Maxim build on its power-management products.
LONDON—International Consolidated Airlines Group SA has earmarked 120 jetliners for its newly acquired Spanish carrier Vueling as part of a new multibillion-dollar order for up to 220 Airbus A320 single-aisle aircraft. The order underlines ...
WASHINGTON—The number of U.S. workers seeking first-time unemployment benefits fell to its lowest level since before the recession, underscoring steady gains in the labor market.
An overhaul to China's tax system that is intended to ease the financial burden on small companies is actually hurting some of them—just as they are being hit by a sluggish economy.
HONG KONG—Governments and companies across Asia are facing an era of tighter credit that could impact the region's growth prospects.Since the financial crisis, low global rates have been a significant motor of Asia's developing economies. ...
The television industry is anticipating an advertising bonanza related to the rollout of the federal health overhaul, with as much as $1 billion expected to be spent on ads by insurers alone, according to TV executives and a broadcasters' ...
LONDON—U.K. retail sales offered a fresh sign of a strengthening economic recovery Thursday, rising at their sharpest annual rate in more than two years in July as the hot weather buoyed demand for summer products, official figures showed.
CHICAGO—U.S. corn futures climbed on strong export sales and worries about unfavorable weather for crop growth.Chicago Board of Trade futures for September delivery recently rose 10 3/4 cents, or 2.3%, to $4.75 1/2 a bushel.
Multiple members of Horace Mann's board of trustees resigned last summer after disagreements over how to treat victims of a sexual abuse scandal at the elite Bronx private school, a spokesman from the school said.
WASHINGTON—Industrial production stalled in July, the latest sign of U.S. manufacturers struggling to gain traction amid slow global economic growth.
HONG KONG—Chinalco Mining Corp. International of China is close to appointing investment banks Goldman Sachs Group Inc. and Morgan Stanley to advise it on buying the Peruvian copper mine owned by commodities company Glencore Xstrata PLC, in ...
BAGHDAD—A wave of car bombs hit the Iraqi capital on Thursday, killing 33 people and wounding dozens, the latest attacks in a monthslong surge in violence.
The world's three major government bond markets sold off Thursday as upbeat economic data in the U.S. and the U.K. once again caused anxiety about central banks possibly winding down their stimulus programs.
NEW YORK--Brent crude-oil futures shot to a four-month high Thursday, as escalating violence in Egypt has traders increasingly worried about the prospect of supply disruptions.
NEW DELHI—Indian officials said 18 crew members missing since a series of explosions aboard a submarine are feared dead, but the navy said divers were continuing to search the wreckage on Thursday.
Campaign contributions from taxi and livery car companies have flowed into mayoral candidates' coffers in recent weeks, as an industry that has clashed repeatedly with the Bloomberg administration over regulation and new technology tries to ...
WASHINGTON—Home builders' confidence levels increased in August to the highest point in nearly eight years, the latest sign the sector could continue to drive the economic recovery.
Kohl's Corp. on Thursday said its fiscal second-quarter profit fell 3.5%, as the department-store chain reported higher expenses and offered a cautious earnings view for the third quarter.
SELIGENSTADT, Germany—German Chancellor Angela Merkel kicked off her official campaign Wednesday evening by drawing a line between herself and rival parties on taxes and a minimum wage.
The dollar strengthened against most major currencies after a report showed the number of workers seeking unemployment benefits dropped to its lowest level since before the recession.
It was time for the client's annual portfolio review. The two financial advisers brought presentation booklets with charts, indexes and year-end statements. They came prepared to spend three hours.
Labor and the Liberal-National coalition are due to face off in a closely fought election due on Sept. 7, which comes as the country's economy transitions away from a heavy reliance on mining and toward non-resource sectors like tourism and ...
DUBLIN—The U.S. government Thursday filed with the Irish High Court to extradite Eric Eoin Marques, a 28-year-old Irish-U.S. citizen, who the U.S. accuses of having been a major facilitator in distributing child pornographic images ...
Iranian naval authorities have detained an Indian oil tanker carrying Iraqi oil through the Persian Gulf on its way to India, the tanker's owner and an Indian shipping official said Thursday.
The FX Global Call covers the main news events affecting foreign-exchange markets in Asian and European trading hours, as selected by DJ FX Trader editors in New York, London and Singapore, as well as other hot spots when warranted.
Sirius XM Radio Inc. agreed to buy the connected-vehicle-services business of Agero Inc. for $530 million, expanding the satellite-radio provider's automotive offerings.
BEIJING—China Mobile Ltd. said Thursday net profit in the first half of the year rose 1.5%, slightly beating expectations even as the slow growth signaled that the world's largest mobile carrier continues to struggle with competition from ...
Egypt's crackdown on protest camps that killed at least 278 people brought swift international censure, and highlighted how U.S. clout has faded in Cairo.
The South African rand and other emerging-market currencies significantly pared their losses Wednesday after a key Federal Reserve policy meeting concluded.
The South African rand stumbled Tuesday on concerns about slowing growth in China and less Federal Reserve stimulus in coming months.The rand fell alongside gold and other commodities on jitters that less Fed stimulus and a more modest pace ...
SINGAPORE—Sales of new private homes in Singapore plunged in July to the lowest level in more than 3½ years, after recent government curbs on property loans damped investor sentiment and prompted developers to hold back new project ...
Indian banks' loan books are already a problem. But they're going to weaken further.At State Bank of India, the country's largest lender by assets, nonperforming loans jumped to 5.7% of the total at June 30 from 5% a year ago. At Punjab ...
China's yuan ended at a record high against the dollar on Thursday after the central bank guided the yuan stronger via a reference exchange rate. There was a retreat in the dollar overseas.
WELLINGTON—The New Zealand dollar was trading higher late Thursday, bolstered by improving domestic data and a weaker U.S. dollar.RBC Capital Currency Strategist Sue Trinh said job ads, the manufacturing purchasing managers' index and ...
Americans are stepping up borrowing for new cars, homes and other purchases, which could boost the economic recovery.The euro zone's recession ended, with the economy growing an annualized 1.1% in the second quarter.
HONG KONG—A shift into high-end products paid off for personal-computer maker Lenovo Group Ltd., which beat expectations and declining PC sales with a 23% increase in its fiscal first-quarter net profit.
The sale of campsites and other large raw-land parcels came to a screeching halt during the housing bust. Now that the housing recovery is picking up momentum, the scramble for raw land is starting to heat up again, enriching longtime ...
A United Parcel Service Inc. plane approaching the Birmingham, Ala., airport crashed about a mile short of the runway early Wednesday in light rain, killing the pilot and co-pilot.
Portugal's GDP last quarter rose for the first time since 2010 but, with another belt-tightening budget on the way, the good news might be short-lived.
China's regulators are increasing their scrutiny of foreign companies in industries ranging from drugs to cars to baby formula as part of a drive to push down prices for consumers.
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