WSJ.com: What's News US

'Black Friday' Tests Economy
Retailers enticed shoppers into their stores on Friday, but many customers were sticking to the most deeply discounted items.







GM's Saab Draws Fresh 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.







Insurers Nearing Regulatory Victory
State insurance regulators are moving closer to adopting a proposal that would add at least $11 billion in capital for insurers.







Peter Cohen's Back, on Smaller Stage
The 63-year-old former Shearson chief, of "Barbarians at the Gate" fame, is now running Cowen Group, one of many small firms trying to muscle their way up the Wall Street ladder.







DynCorp Fires Executive Counsel
DynCorp fired a top lawyer in the wake of disclosing that some of its subcontractors may have broken U.S. law.







'B' Shares Sent to Detention
Mutual-fund firms are giving B shares an F—and kicking them out of school. One adviser calls them a "rip-off."







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.







Investment Firms Buy Into Sina
Three investment firms are joining Sina's management to invest $180 million in a bid to reinvigorate China's largest Internet portal.







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







China Sells First 50-Year Bond
China sold its first 50-year government bond, a move that expands its domestic debt market and places the country in a small league of nations that have issued ultra-long sovereign debt.







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.







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.







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.







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.







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







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.







Dubai Jitters Spread
Dubai's debt debacle is stoking a new fear for investors across the globe: potential government default by heavily indebted nations.







Downturn Hits Haven for Disabled Workers
The struggles of one nonprofit organization show how an economic pall can be particularly tough on the disabled, a group that suffers from chronically low employment.