WSJ.com: What's News US


    Dubai Fallout Sends Dow Industrials Lower
    The Dow industrials slid 1.5% as U.S. investors reacted to the Dubai debt crisis. Oil hit a six-week low.




    GM's Saab Draws 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.




    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.




    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.




    PayPal Sees Jump in Online Payments
    PayPal said it recorded a 25% increase in the volume of U.S. payments on Thursday, compared with Thanksgiving day last year, one measure of what appears to be a strong start to online holiday shopping.




    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.




    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.




    Wall Street Reopens Checkbook
    Goldman, J.P. Morgan and others are reopening their checkbooks as M&A picks up. The funding could swing deals for Cadbury and others. The risk: a market downturn.




    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.




    China to Keep Stimulus 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




    Sony Bets On 3-D to Drive Growth
    Sony said it sees 3-D compatible televisions accounting for up to half of all the TVs sold by the company in three years.




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




    IPhone Tries to Crack Korea
    Apple's iPhone is set to go on sale in South Korea, a country that prides itself on cutting-edge technology but where the government raised trade barriers on smart phones.




    BHP Sees Improving Sentiment
    BHP Billiton Chief Executive Marius Kloppers said market sentiment has improved in the past month and that demand from the Chinese steel sector is surprisingly strong.




    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.




    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.




    Through Letters, a Family History
    A reporter's seven-year correspondence with his 93-year-old cousin, illustrator Sam Fink, reveals a family's past and the beauty in old-fashioned letter writing.




    Tiger Woods Injured In Auto Accident
    Tiger Woods was released from the hospital after being injured in an auto accident when his SUV struck a tree and fire hydrant outside his Florida mansion. The highway patrol said the incident is under investigation.