US Business News

U.S. Opens Door to More Gas Exports

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The Obama administration cleared the way for broader natural-gas exports by approving a $10 billion facility in Texas, a milestone in the U.S. transition into a major supplier of energy for world markets.

J.P. Morgan's Dimon Makes His Case

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J.P. Morgan Chief Executive and Chairman James Dimon is making the case for continuity in the final days before a potentially defining vote on his future.

Mixed Transocean Results for Icahn

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Transocean shareholders rebuffed many of Icahn's efforts to bring about changes. But they awarded the activist investor one victory, dethroning the company's longtime chairman.

Starbucks Sets Sights on Vietnam

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Starbucks has penetrated scores of markets over the years, but may face a challenge in Vietnam's deep-rooted coffee culture.

GM Shares Roar Back to Old Levels

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General Motors shares eclipsed their $33 IPO price, fueled in part by enthusiasm over the company's new vehicles.

Judge Deals Setback to PokerStars

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The online poker giant PokerStars was dealt a setback in its quest to enter the U.S.'s burgeoning regulated online gambling markets, when a New Jersey state judge said the Atlantic City casino that PokerStars planned to buy could be put back on the market.

DirecTV Considers Hulu Bid

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DirecTV, the second largest U.S. pay-TV provider, is weighing a potential bid for Hulu, the latest company to show interest in the six-year-old video site.

Hackers Hit Financial Times

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The Financial Times said its Tech Blog and various Twitter accounts were hacked Friday by a group identifying itself as the Syrian Electronic Army.

Priming the Pump for Natural-Gas Cars

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A natural-gas trade group is planning a campaign to show compressed natural gas can be an effective fuel for passenger cars to encourage wider use of the fuel in transportation.

Bloomberg Taps Palmisano for Review

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Bloomberg appointed former IBM chief Samuel Palmisano to review the company's compliance measures, in response to concerns about subscriber information that had been available to Bloomberg journalists.

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