U.S. to Propose New Phase In Nuclear-Arms Cuts
Officials Amp Up Spying Defense
President Barack Obama will make the case for a new phase in nuclear-weapons reductions that would reduce arsenals by another one-third in a major foreign-policy speech in Berlin on Wednesday, a senior Obama administration official said.
Wed, 19 Jun 2013 00:21:01 EDT
The NSA director mounted his most vigorous defense of data-surveillance programs, saying they helped thwart more than 50 terror plots and might have helped prevent the 9/11 attacks.
Tue, 18 Jun 2013 23:58:27 EDT
Funding Values Fab at Over $1 Billion
Two-year-old design website Fab is now worth more than $1 billion, thanks to a $150 million venture-capital round led in part by Chinese Internet conglomerate Tencent Holdings.
Wed, 19 Jun 2013 00:18:42 EDT
Nikkei Outperforms Asia, Fed Result Eyed
Asian markets were mixed Wednesday before the outcome of the Federal Reserve's policy meeting later in the global day, with the Nikkei outperforming its regional peers on a weaker yen. The Nikkei rose 1.1%.
Wed, 19 Jun 2013 00:26:05 EDT
Unpaid Internship? Some Colleges Pick Up the Tab
The plight of the unpaid intern is improving. Not because businesses are paying more for summer helpers, but because colleges are picking up part of the tab.
Tue, 18 Jun 2013 23:47:44 EDT
Traders Try to Game Oil-Price Benchmark
Some oil traders say they try to skew Platts oil-price benchmarks by offering to do small deals at a loss, with the goal of doing bigger ones at better prices.
Tue, 18 Jun 2013 23:06:25 EDT
China's Wanda to Expand Overseas
Chinese property conglomerate Dalian Wanda Group plans to expand its luxury real-estate and hotel business overseas, as it builds the world's first Chinese luxury hotel outside of China's mainland.
Wed, 19 Jun 2013 00:18:12 EDT
Boeing 787 Makes Unscheduled Landing
A Boeing 787 Dreamliner operated by United Airlines of a flight from Denver to Tokyo made an unscheduled landing in Seattle because of an apparent problem with an engine oil filter. There was no fire.
Tue, 18 Jun 2013 23:34:51 EDT
Japan Exports Surge, but Trade Deficit Persists
Japanese exports jumped an unexpected 10.1% in May from the year-earlier month as a fall in the yen helped push up the value of goods sold abroad, but a robust flow of imports from China and other Asian nations kept the nation's overall trade balance deep in the red.
Tue, 18 Jun 2013 21:25:52 EDT
China Home Prices Jumped in May
Housing prices in China's 70 major cities in May registered their highest annual growth rate in more than two years, at 5.3%, which could increase pressure on cities to enforce the government's property-cooling measures.
Tue, 18 Jun 2013 21:33:51 EDT