Financial News from The Wall Street Journal

  • Dave Goldberg, SurveyMonkey CEO and husband of Facebook COO Sheryl Sandberg, died late Friday after he collapsed at a gym while vacationing in Mexico, a person close to the family said. Goldberg was on vacation with family and friends. Goldberg had led SurveyMonkey since 2009, after stints at Yahoo, several startups and …

  • Cisco Shares Details on How It Chose Its Next CEO The Wall Street Journal - 20 hours ago

    Cisco Systems opened the kimono on its decision to change chief executives. An early Monday post on the networking giant’s blog gave extensive detail about the board’s selection of Cisco executive Chuck Robbins to replace longtime leader John Chambers. Among other things, the post said Cisco directors initiated its formal …

  • Australia’s Domino’s Plans Uber-Inspired Pizza Delivery … The Wall Street Journal - Sun, May 3, 2015 8:00 AM SGT

    Bloomberg News Australia's Domino's Pizza Enterprises plans an Uber-inspired delivery tracker. Domino’s Pizza Enterprises Ltd., which holds the master-franchise rights to the Domino’s brand in Australia, New Zealand, Japan, France and the Netherlands, said it would be the first company in the world to let customers track …

  • SurveyMonkey CEO Dave Goldberg Dies Suddenly The Wall Street Journal - Sat, May 2, 2015 9:30 PM SGT

    Dave Goldberg, chief executive of SurveyMonkey and husband of Facebook Chief Operating Officer Sheryl Sandberg, died suddenly Friday night. Goldberg's brother posted the news on his Facebook page Saturday morning. Facebook CEO Mark Zuckerberg shared this post on his own page shortly after. "We are deeply heartbroken …

  • Apple Watch Does Have a Tattoo Problem The Wall Street Journal - Sat, May 2, 2015 4:41 AM SGT

    A support page on Apple’s website confirmed that some tattoos can disrupt the Apple Watch heart-rate sensor. Reports surfaced in recent days that the Apple Watch ran into trouble for some users whose wrists had tattoos. On Apple’s website, a page dedicated to monitoring heart rate cites several factors, such as motion …

  • At the Heart of Facebook’s Artificial Intelligence, … The Wall Street Journal - Fri, May 1, 2015 1:38 PM SGT

    Facebook Inc. doesn't yet have an intelligent assistant, like the iPhone’s Siri. Apple Inc.’s Siri, Microsoft Corp.’s Cortana and Google Inc.’s Google Now are all early manifestations.

  • Germany Moves to Boost Startup Funding The Wall Street Journal - Thu, Apr 30, 2015 5:05 PM SGT

    Reuters Traders are pictured at their desks in front of the DAX board at the Frankfurt stock exchange, Germany, April 29, 2015. FRANKFURT-- Germany is taking aim at an endemic European problem. The Deutsche Börse Venture Network, a new, online-only platform for businesses and investors, will hopefully give investors …

  • Doubting Twitter: Analysts Have Their Say on Ads, User … The Wall Street Journal - Wed, Apr 29, 2015 7:16 PM SGT

    Bloomberg News Twitter CEO Dick Costolo paused during a Bloomberg TV interview in San Francisco in March 2015. The trend to doubt Twitter is back. The morning after Twitter’s bleak earnings results, the company got hit on both sides as some analysts called into question the company’s ability to attract both advertisers …

  • Twitter Earnings: What To Watch The Wall Street Journal - Tue, Apr 28, 2015 7:35 PM SGT

    Twitter Inc. is scheduled to report results for its fiscal first quarter ended March 31 after the market closes on Tuesday. REVENUE FORECAST: Twitter is expected to post $456.8 million in revenue, compared with $250.5 million the previous year, according to the average of analysts surveyed by Thomson Reuters. The analysts' …

  • Is Your Job Creative Enough To Resist Robot Automa … The Wall Street Journal - Mon, Apr 27, 2015 8:05 PM SGT

    Getty Images Robots carry dishes and offer service for customers at a robot themed restaurant in China. Think your job is too creative for a robot to do it? Think again, warns a new report co-authored ...

  • Google Executive Dan Fredinburg Killed in Everest Avalanche … The Wall Street Journal - Sun, Apr 26, 2015 3:15 AM SGT

    A Google Inc. executive who was in Nepal to climb Mount Everest was among those killed in a massive earthquake on Saturday. Dan Fredinburg suffered a “major head injury” when he was caught in an avalanche following the earthquake, his sister Megan wrote in a post on Mr. Fredinburg’s Instagram account, where he had been …

  • Sign of Facebook’s Ad Growth? Two Digs From a Google … The Wall Street Journal - Fri, Apr 24, 2015 11:07 PM SGT

    Agence France-Presse/ Google executive Omid Kordestani announces a partnership with Japanese mobile communication giant NTT DoCoMo in 2008. During Google’s first-quarter earnings call Thursday, Chief Business Officer Omid Kordestani took a couple of digs at Facebook, without naming the social-media company, of course. …

  • Amazon Shares Soar to All-Time High on Cloud Surpr … The Wall Street Journal - Fri, Apr 24, 2015 8:19 PM SGT shares hit an all-time high Friday as investors rewarded the e-commerce giant for showing a surprise profit at its cloud-computing business and strong retail sales in North America. A series of analyst upgrades led the Seattle retailer's shares to jump as much as 16% in early market trading, pushing Amazon's …

  • Twitter to Push Out Twice-Daily ‘Highlights’ Diges … The Wall Street Journal - Thu, Apr 23, 2015 9:44 PM SGT

    On Twitter, not every tweet is gold, and the hunt for those tweets takes time. Twitter users have to scroll through many subpar tweets to find the ones that are breaking news or making a good quip. Now Twitter is taking some of the work out of that process with a new feature it launched on Thursday called Highlights, …

  • As First Watches Ship, Apple Opens App Store for New … The Wall Street Journal - Thu, Apr 23, 2015 9:31 PM SGT

    Apple prepared to open the App Store for its Apple Watch Thursday, just ahead of the first shipments reaching customers who pre-ordered the new device. The store is third branch of the App Store, alongside areas hosting apps for the iPhone and the iPad. Apple says more than 3,000 Watch apps will be available when the …

  • Amazon Earnings: What to Watch The Wall Street Journal - Thu, Apr 23, 2015 6:26 PM SGT

    ROPI/Zuma Press Amazon reports first-quarter results Thursday. Above, the company's fulfillment center in China. Inc. is expected to report financial results for the first quarter ended in March ...

  • Asian Debt Piles Up, and Up @ The Wall Street Journal - Thu, Apr 23, 2015 6:22 PM SGT

    Asian countries borrowed heavily during the financial crisis, and coutinued borrowing as the economy healed. Now they are feeling the hangover.

  • Democratic Fissures Appear in Pacific Trade Pact @ The Wall Street Journal - Wed, Apr 22, 2015 8:06 PM SGT

    A bloc of congressional Democrats is bucking White House pressure to exclude concerns over currency manipulation from a bill to expedite a 12-nation Pacific trade pact.

  • EBay Earnings: What To Watch The Wall Street Journal - Wed, Apr 22, 2015 7:53 PM SGT

    Daniel Acker/Bloomberg News EBay Inc. is expected to report financial results for the first quarter ended in March after the close of trading Wednesday. Here are the key points to look out for: --EARNINGS ...

  • Teva Bids for Mylan, Seeking to Create Biggest Generics … @ The Wall Street Journal - Wed, Apr 22, 2015 5:19 PM SGT

    Teva Pharmaceutical has proposed to acquire rival Mylan for about $40 billion, a tie-up that would create the world’s biggest generic drug company by sales.

  • Chief Executives Awarded More Cash Pay @ The Wall Street Journal - Wed, Apr 22, 2015 2:20 PM SGT

    CEOs’ cash pay rose at its fastest rate in at least four years in 2014, while equity grants are becoming less attractive.

  • Noble Promises More Transparency @ The Wall Street Journal - Wed, Apr 22, 2015 12:37 PM SGT

    Commodities trader Noble Group has committed to more transparency following a dispute with three analyst firms over its accounting methods.

  • J.P. Morgan Shuffles in Asia @ The Wall Street Journal - Wed, Apr 22, 2015 12:16 PM SGT

    J.P. Morgan reassigned roles among its senior bankers across Asia, giving some veteran bankers broader roles.

  • KFC, Pizza Hut Seem Stale in China @ The Wall Street Journal - Wed, Apr 22, 2015 11:50 AM SGT

    Yum Brands is facing a new reality: Chinese consumers who once found its KFC and Pizza Hut fresh and different now see them as neither.

  • Indonesia Pushes State Firm Overhaul as Key to Gro … @ The Wall Street Journal - Wed, Apr 22, 2015 11:16 AM SGT

    Indonesia’s plans to root out graft at huge state companies and lure investment hinge largely on one official’s private-sector approach to government.

  • Oil's Slide Helps Japan Notch First Trade Surplus Since … @ The Wall Street Journal - Wed, Apr 22, 2015 9:35 AM SGT

    Japan reported its first monthly trade surplus in nearly three years, helped by falling oil prices, a weaker yen and stronger U.S. demand.

  • Why Do I Throw Out So Much Food? @ The Wall Street Journal - Wed, Apr 22, 2015 7:50 AM SGT

    Refrigerators want to come to the rescue with new technology to keep produce fresher longer.

  • Credit Suisse Profit Rises @ The Wall Street Journal - Wed, Apr 22, 2015 6:31 AM SGT

    Credit Suisse posted an improved profit due, in part, to a pickup at its investment bank.

  • In Singapore, Property Stocks Are Hot Property @ The Wall Street Journal - Wed, Apr 22, 2015 2:56 AM SGT

    Singapore investors are snapping up stocks of property developers and hoping the companies will be taken private at a premium.

  • Indonesian brewer warns of hit to spending plans @ The Wall Street Journal - Wed, Apr 22, 2015 1:00 AM SGT

    The head of Indonesian brewer Multi Bitang says a ban on the sale of alcohol at minimarts could derail millions in investments.

  • China Suffers First Default by State-Owned Firm @ The Wall Street Journal - Wed, Apr 22, 2015 12:55 AM SGT

    Baoding Tianwei Group was unable to raise enough funds to make a $13.8 million bond interest payment.

  • EU Tackles Thailand Over Illegal Fishing @ The Wall Street Journal - Wed, Apr 22, 2015 12:24 AM SGT

    The European Union said it would ban seafood from Thailand unless it clamps down on illegal fishing.

  • Abe Says U.S., Japan Near Trade Deal @ The Wall Street Journal - Tue, Apr 21, 2015 10:58 PM SGT

    The U.S. and Japan are near a bilateral agreement on a major trans-Pacific trade deal, Shinzo Abe told The Wall Street Journal.

  • Canon Ready to Snap Up Deal @ The Wall Street Journal - Tue, Apr 21, 2015 10:33 PM SGT

    Canon aims to spend another $3 billion to buy a company in a growth sector.

  • Twitter Tests Tool to Search for Patterns of Abuse The Wall Street Journal - Tue, Apr 21, 2015 9:44 PM SGT

    The Wall Street Journal Twitter has acquired image-search startup Madbits. Twitter on Tuesday broadened out its harassment policy to include a wider definition of what constitutes abuse and is rolling out more weapons to blunt such attacks, including for the first time a tool that will search for patterns of misuse.  …

  • Ex-Toyota Executive Tapped for BOJ Board @ The Wall Street Journal - Tue, Apr 21, 2015 9:04 PM SGT

    Shinzo Abe nominated a senior adviser to Toyota as a candidate to replace a departing Bank of Japan policy board member.

  • Hong Kong Shares Rebound @ The Wall Street Journal - Tue, Apr 21, 2015 7:30 PM SGT

    Stocks in Hong Kong rebounded Tuesday from their largest tumble of the year.

  • Goldman, Morgan Stanley Find Varied Profit Paths @ The Wall Street Journal - Tue, Apr 21, 2015 7:13 PM SGT

    The rival lenders’ strong first-quarter results show that when the markets and customers cooperate, there is more than one way to rack up big profits on Wall Street.

  • Selfie App Shots Moves Beyond Bieber With $8.5 Million … The Wall Street Journal - Tue, Apr 21, 2015 7:02 PM SGT

    Shots, a mobile app for sharing selfies, owes much of its early popularity to Justin Bieber. Bieber, one of Shots’ first investors, fills the app with backstage concert photos and selfies with celebrity friends, and occasionally reminds his 63 million Twitter followers to check his latest posts on Shots. The celebrity …

  • China Widens Economic Door to Pakistan @ The Wall Street Journal - Tue, Apr 21, 2015 6:57 PM SGT

    Chinese President Xi Jinping kicked off $28 billion in infrastructure projects in Pakistan, in a visit meant to showcase deepening ties between the two countries.

  • Flimsy Island Claims Risk Shipwrecking Asia Geopol … @ The Wall Street Journal - Tue, Apr 21, 2015 6:00 PM SGT

    The web of claimants to a set of insignificant specks in the South China Sea includes a Philippine fishing magnate who sought to mine bird droppings.

  • Cirque du Soleil's Sale Act @ The Wall Street Journal - Tue, Apr 21, 2015 5:33 PM SGT

    Cirque du Soleil’s founder agreed to sell his controlling stake in the circus to a TPG-led group.

  • Spider Venom Shows Promise @ The Wall Street Journal - Tue, Apr 21, 2015 4:08 PM SGT

    A discovery about spider venom could lead to a new class of painkillers.

  • Rich Smuggling Trade Fuels Deadly Migration Across … @ The Wall Street Journal - Tue, Apr 21, 2015 3:42 PM SGT

    European authorities are finding it difficult to combat a brazen, multimillion-dollar people-smuggling enterprise run by Libyan militias and tribesmen.

  • Rio Keeps Pumping Iron @ The Wall Street Journal - Tue, Apr 21, 2015 2:03 PM SGT

    Rio Tinto’s first-quarter iron ore shipments fell sharply, but the miner still expects record sales in 2015.

  • U.S. Firms Urge China to Improve Conditions @ The Wall Street Journal - Tue, Apr 21, 2015 12:02 PM SGT

    U.S. firms are pushing China to improve legal transparency, market access and intellectual-property rights.

  • KKR Consortium to Buy Controlling Stake in Ticket  … @ The Wall Street Journal - Tue, Apr 21, 2015 12:02 PM SGT

    A consortium including KKR will buy a controlling stake in South Korea’s Ticket Monster from Groupon.

  • Afghan Minority Group Reels From Kidnappings @ The Wall Street Journal - Tue, Apr 21, 2015 11:27 AM SGT

    Afghanistan has largely been spared the sectarian strife that plagues other parts of the Muslim world, but many Hazaras see the kidnapping of members of their minority ethnic group as an indication they, ...

  • Path Open for Australia Rate Cut @ The Wall Street Journal - Tue, Apr 21, 2015 10:54 AM SGT

    Australia’s central bank governor paved the way for a cut in interest rates as early as May, saying the question of an even lower cash rate target “has to be on the table.”

  • U.S. Sending Aircraft Carrier to Help Monitor Iranian … @ The Wall Street Journal - Tue, Apr 21, 2015 10:33 AM SGT

    The U.S. military is sending an aircraft carrier to the Yemeni coast to join a growing fleet of ships keeping watch on an Iranian flotilla American defense officials suspect may be carrying arms for Houthi ...

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