WSJ.com: What's News US
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Lieberman's Stand: No Public Option
The Connecticut senator says any public option will compel him to block a final vote on the health bill. His objection, he says, is based on fiscal risk.
H-P Profit Rises on Cost Cutting
Hewlett-Packard's quarterly profit rose 14% as cost cutting boosted profit margins in its services business and offset lower sales in its computer and printer divisions.
Icahn Places Starting Bid for Fontainebleau
Carl Icahn outbid Penn National Gaming to place a starting bid of $155 million for the Fontainebleau, the stalled Las Vegas hotel-and-casino project whose construction is expected to cost nearly $3.5 billion.
Existing-Home Sales Jump 10.1%
Home resales jumped 10.1% in October, rising far more than expected as a fat tax credit offset fears about joblessness.
Dow Breaks Losing Streak
The Dow industrials gained 133 points to a 13-month high after rate-related comments from a Fed official and strong housing data.
China Banks Warned on Capital
China's banking regulator told banks to comply with capital requirements or face sanctions, the latest signal that Beijing is worried about risks in the financial system.
Reliance Makes Chemical Bid
Reliance Industries made a nonbinding cash offer of around $12 billion to take a controlling interest in LyondellBasell when the chemical maker exits bankruptcy.
Eni to Buy Oil Stakes in Uganda
Italy's Eni is to acquire stakes in two Ugandan oil fields from U.K.-listed Heritage Oil for $1.35 billion.
Big Paydays for Lehman, Bear
Top executives at Bear Stearns and Lehman cashed out nearly $2.5 billion from 2000 through 2008 even as the value of shares they held plummeted, according to a study.
PPR's Chief Aims to Strip French Retail Units
François-Henri Pinault, PPR's chief executive, plans to sell the French company's European retail divisions, including electronics retailer Fnac and the Conforama discount-furniture stores.
EADS Braces for Insider-Trading Trial
A week-long trial in the alleged insider-trading case involving EADS could have deep repercussions at the parent company of Airbus as well as on the authority of France's stock-market watchdog.
OECD Exits Recession Amid Warnings
The world's developed economies emerged from recession in the third quarter, but IMF chief Dominique Strauss-Kahn said further stimulus is needed before governments can let down their guard.
Campbell Soup Net Rises 17%
Campbell Soup's earnings rose 17% as margins improved. The company raised its forecast and said soup sales began rising as the quarter closed.
Venture Funds Sweeten Terms
Venture-capital funds are cutting fees as they scrounge for cash amid a bruising fund-raising environment.
Microsoft, News Corp. Discuss Web Pact
Microsoft and News Corp. have held discussions about a partnership that could result in News Corp. removing its newspaper content from Google's search engine while continuing to feature it on Microsoft's online properties.
Peet's Coffee Raises Offer for Diedrich
Peet's and Green Mountain Coffee are in a bidding war for Diedrich Coffee, highlighting the sudden popularity of single-serve coffee pods.
Lloyds Raises $14.03 Billion
The U.K. bank said it had raised the maximum $14.03 billion of contingent core Tier 1 and core Tier 1 capital through its non-U.S. bond exchange offer, and said the U.S. exchange offer is already heavily over-subscribed.
Internal Rifts Split Chieftain
Chieftain Capital Management, an iconoclastic investment firm with a strong two-decade track record, is splitting up following personality conflicts among leaders.
Price Dispute Delays NBC Deal
GE and Vivendi remain hundreds of millions of dollars apart as they try to agree on a price tag for the sale of a minority stake in NBC Universal.
Gulf Air Launches New Strategy
Bahrain's national carrier hopes to save almost $3 billion over five years as the struggling airline restructures to compete in the Gulf region's increasingly cutthroat aviation market.
J.P. Morgan Appoints China Chief
J.P. Morgan said it has appointed Linklaters LLP's Asia managing partner Zili Shao as its new China chairman and chief executive.
'New Moon' Shines, But Can't Overtake 'Dark Knight'
The vampire and werewolf movie "The Twilight Saga: New Moon" posted the biggest opening of the year, taking in $140.7 million in North America -- but fell short of the all-time crown.
Nissan Weighs Electric Car Plant in China
Nissan said it is considering plans to make all-electric cars in Guangzhou, as the Japanese auto maker steps up its electric-vehicle activity in China's fast-growing car market.
Lieberman's Stand: No Public Option
The Connecticut senator says any public option will compel him to block a final vote on the health bill. His objection, he says, is based on fiscal risk.
Israel Nears Deal on Captive Soldier
Israel and Hamas are very close to a deal to swap 1,000 Palestinians for Gilad Shalit, who has been held for more than three years by the militant group.
