Wall Street Journal
DynCorp Says It May Have Broken Law
Defense contractor DynCorp has admitted that it may have violated the Foreign Corrupt Practices Act when it tried to speed up the issuance of visas and licensing related to work for the U.S. government overseas.
Wells Fargo Settles Auction-Rate Case
The bank will return as much as $1.4 billion to clients whose funds were frozen when the auction-rate-securities market collapsed.
Limited Brands Posts Higher Profit
Limited Brands posted a sharply higher fiscal third-quarter profit due to a tax gain, and the retailer boosted its outlook as it outdid a projection issued late last month.
Hopes Rise for Cadbury Battle
Cadbury said it would consider takeover bids but hasn't received one. Hopes of a bidding war pushed up the confectioner's shares after Hershey and Ferrero said they might bid.
Gap's Old Navy Shows More Zest
Apparel giant Gap is to report fiscal third-quarter earnings Thursday, and is expected to benefit from the rejuvenated Old Navy bargain brand.
Bids on Stanford Assets Top $1 Billion
China's sovereign-wealth fund is among the firms to make an offer for a piece of the action. Some potential deals include tough terms.
Bids on Stanford Assets Top $1 Billion
China's sovereign-wealth fund is among the firms to make an offer for a piece of the action. Some potential deals include tough terms.
John Paulson Bets on Gold
John Paulson, who scored about $20 billion of profits wagering against the housing market and financial companies, is launching a fund dedicated to bullion-related investments.
AmEx to Buy Revolution Money
American Express said it plans to acquire Internet-transaction company Revolution Money, whose backers include Steve Case, for about $300 million.
AmEx to Buy Revolution Money
American Express said it plans to acquire Internet-transaction company Revolution Money, whose backers include Steve Case, for about $300 million.
Deutsche Bank's Ex-Chief Faces Fraud Case
German prosecutors filed criminal fraud charges against former Deutsche Bank chief Breuer, alleging the executive gave false testimony during a high-stakes lawsuit.
Marks & Spencer Plucks CEO From Rival
Marks & Spencer ended months of uncertainty over its leadership by naming a new chief executive, Marc Bolland, who recently mounted a strong turnaround at grocer William Morrison Supermarkets.
Marks & Spencer Plucks CEO From Rival
Marks & Spencer ended months of uncertainty over its leadership by naming a new chief executive, Marc Bolland, who recently mounted a strong turnaround at grocer William Morrison Supermarkets.
Bond Yields Turn Against Life Insurers
Cash-rich life insurers are having trouble putting their money to work as rising prices in the corporate-bond market are driving down yields.
Hedge-Fund King Comes Under Siege
Hedge-fund titan Kenneth Griffin lost $8 billion of his clients' money last year. Now, he is trying to persuade investors to trust him with more as he launches new funds.
Delta Offers Funding Deal to JAL
Delta Air Lines and its SkyTeam alliance partners said that they would provide a $1.02 billion funding package to lure Japan Airlines from the rival Oneworld alliance.
BJ's Wholesale Profit Falls 37%
BJ's Wholesale Club said earnings fell 37% as food prices declined and the retailer set aside money for a possible legal settlement regarding worker pay.
BJ's Wholesale Profit Falls 37%
BJ's Wholesale Club said earnings fell 37% as food prices declined and the retailer set aside money for a possible legal settlement regarding worker pay.
New York Landmark Burns Its Investors
The U.S. real estate arm of Africa Israel Investments has tentatively agreed with creditors to restructure its disastrous acquisition of the former New York Times headquarters in a deal that will wipe out $400 million in debt.
Fridman to Continue Leading TNK-BP
Mikhail Fridman, the billionaire Russian businessman, will continue to lead BP's Russian joint venture TNK-BP until 2011.